Zip Code: 27502 (Apex, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in the 27502 Zip Code (Apex, North Carolina) in February 2026 was $2,129.1. The month over month percentage change (MoM) was -1.29%, and the year over year percentage change (YoY) was -2.40%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 27502 zip code (Apex, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 27502 zip code (Apex, North Carolina).

You can see similar information for other North Carolina zip codes.

Note: Zillow Observed Rent Index (ZORI) is a smoothed measure of the typical observed market rate rent across a given region. ZORI is a repeat-rent index that is weighted to the rental housing stock to ensure representativeness across the entire market, not just homes currently listed for-rent.

Data Source: Zillow.
Zip Code: 27502 (Apex, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 27502 (Apex, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1366.7929261305574 NaN NaN
Feb 2015 1374.3380929595778 0.55 NaN
Mar 2015 1376.984501423959 0.19 NaN
Apr 2015 1392.6476318415291 1.14 NaN
May 2015 1394.1900914662301 0.11 NaN
Jun 2015 1415.2076291526646 1.51 NaN
Jul 2015 1407.9636510356313 -0.51 NaN
Aug 2015 1418.976626604725 0.78 NaN
Sep 2015 1415.0502807832922 -0.28 NaN
Oct 2015 1421.671082288198 0.47 NaN
Nov 2015 1418.586442337359 -0.22 NaN
Dec 2015 1432.3141778126153 0.97 NaN
Jan 2016 1452.148105826523 1.39 6.25
Feb 2016 1456.7806903339913 0.32 6.00
Mar 2016 1442.2623909340655 -1.00 4.74
Apr 2016 1432.4609442122294 -0.68 2.86
May 2016 1433.9428225016754 0.10 2.85
Jun 2016 1441.7255181247963 0.54 1.87
Jul 2016 1451.860863256534 0.70 3.12
Aug 2016 1454.9841801570649 0.22 2.54
Sep 2016 1469.2701942369501 0.98 3.83
Oct 2016 1469.4101396111041 0.01 3.36
Nov 2016 1477.7738545368718 0.57 4.17
Dec 2016 1464.8582755716493 -0.87 2.27
Jan 2017 1450.6738592765817 -0.97 -0.10
Feb 2017 1444.3388618431636 -0.44 -0.85
Mar 2017 1471.198036224907 1.86 2.01
Apr 2017 1494.8293272561546 1.61 4.35
May 2017 1507.1867922082936 0.83 5.11
Jun 2017 1499.5023676280352 -0.51 4.01
Jul 2017 1501.2412924928383 0.12 3.40
Aug 2017 1506.7706785619157 0.37 3.56
Sep 2017 1503.6958354102314 -0.20 2.34
Oct 2017 1511.4111288715415 0.51 2.86
Nov 2017 1506.402464982193 -0.33 1.94
Dec 2017 1513.3849639910752 0.46 3.31
Jan 2018 0 -100.00 -100.00
Feb 2018 1531.3312330917297 Infinity 6.02
Mar 2018 1533.3954961475076 0.14 4.23
Apr 2018 1531.7167983780002 -0.11 2.47
May 2018 1531.189190497299 -0.03 1.59
Jun 2018 1526.5712227814415 -0.30 1.81
Jul 2018 1531.3640687809677 0.31 2.01
Aug 2018 1528.8965022767618 -0.16 1.47
Sep 2018 1535.2126763412075 0.41 2.10
Oct 2018 1550.008982196662 0.96 2.55
Nov 2018 1552.5559272691457 0.16 3.06
Dec 2018 1562.93275655646 0.67 3.27
Jan 2019 1558.3160298272205 -0.29 Infinity
Feb 2019 1564.8390082607523 0.42 2.19
Mar 2019 1562.4104937051736 -0.15 1.89
Apr 2019 1563.4667392598358 0.07 2.07
May 2019 1567.7027784274665 0.27 2.38
Jun 2019 1583.0878773057618 0.98 3.70
Jul 2019 1587.386513702798 0.27 3.66
Aug 2019 1596.4976184131103 0.57 4.42
Sep 2019 1601.431405313123 0.31 4.31
Oct 2019 1597.242461377361 -0.26 3.05
Nov 2019 1607.700328159155 0.66 3.55
Dec 2019 1610.333062864117 0.16 3.03
Jan 2020 1626.1440129116909 0.98 4.35
Feb 2020 1628.2732774854824 0.13 4.05
Mar 2020 1627.4489968707078 -0.05 4.16
Apr 2020 1632.6551757541442 0.32 4.43
May 2020 1618.9059964018145 -0.84 3.27
Jun 2020 1614.0867807358604 -0.30 1.96
Jul 2020 1616.1442651178234 0.13 1.81
Aug 2020 1622.1142022448419 0.37 1.61
Sep 2020 1622.3708056701514 0.02 1.31
Oct 2020 1627.6469966603001 0.33 1.90
Nov 2020 1645.9287577906723 1.12 2.38
Dec 2020 1663.675755887783 1.08 3.31
Jan 2021 1671.967352777536 0.50 2.82
Feb 2021 1672.1062746636087 0.01 2.69
Mar 2021 1699.6932311885644 1.65 4.44
Apr 2021 1719.9478591509787 1.19 5.35
May 2021 1755.4510953726337 2.06 8.43
Jun 2021 1777.6077691707017 1.26 10.13
Jul 2021 1815.212425330758 2.12 12.32
Aug 2021 1848.2513113443072 1.82 13.94
Sep 2021 1879.395878370812 1.69 15.84
Oct 2021 1899.5165926829752 1.07 16.70
Nov 2021 1918.2268789450354 0.99 16.54
Dec 2021 1926.0968016146576 0.41 15.77
Jan 2022 1949.2452549991028 1.20 16.58
Feb 2022 1966.0563929690045 0.86 17.58
Mar 2022 1984.5164838131361 0.94 16.76
Apr 2022 1989.1043401261966 0.23 15.65
May 2022 1995.8356946021124 0.34 13.69
Jun 2022 2010.4686209142146 0.73 13.10
Jul 2022 2015.9634555842458 0.27 11.06
Aug 2022 2027.1119732768775 0.55 9.68
Sep 2022 2037.8279681660129 0.53 8.43
Oct 2022 2065.317703397134 1.35 8.73
Nov 2022 2068.0680600790356 0.13 7.81
Dec 2022 2082.099481459007 0.68 8.10
Jan 2023 2073.5097061584333 -0.41 6.38
Feb 2023 2083.45926068432 0.48 5.97
Mar 2023 2071.8825939000626 -0.56 4.40
Apr 2023 2078.0960622627213 0.30 4.47
May 2023 2083.736093725574 0.27 4.40
Jun 2023 2090.2327656162256 0.31 3.97
Jul 2023 2099.843700827715 0.46 4.16
Aug 2023 2086.1682959045424 -0.65 2.91
Sep 2023 2086.0405932606773 -0.01 2.37
Oct 2023 2092.5006832460153 0.31 1.32
Nov 2023 2097.8290889951954 0.26 1.44
Dec 2023 2090.8563384912545 -0.33 0.42
Jan 2024 2077.8695672375998 -0.62 0.21
Feb 2024 2082.770586245445 0.24 -0.03
Mar 2024 2105.0365907367627 1.07 1.60
Apr 2024 2128.8791450193885 1.13 2.44
May 2024 2142.4057347026273 0.64 2.82
Jun 2024 2156.1855538831023 0.64 3.16
Jul 2024 2155.553884600348 -0.03 2.65
Aug 2024 2156.4846011352033 0.04 3.37
Sep 2024 2139.5188116101094 -0.79 2.56
Oct 2024 2118.5748282635295 -0.98 1.25
Nov 2024 2116.8217260598753 -0.08 0.91
Dec 2024 2135.178044869715 0.87 2.12
Jan 2025 2155.6901003981075 0.96 3.75
Feb 2025 2181.4945749225426 1.20 4.74
Mar 2025 2176.453159966754 -0.23 3.39
Apr 2025 2163.9630716087336 -0.57 1.65
May 2025 2157.6545497519255 -0.29 0.71
Jun 2025 2148.525050484717 -0.42 -0.35
Jul 2025 2149.1727884470442 0.03 -0.30
Aug 2025 2157.646392268453 0.39 0.05
Sep 2025 2172.0327455242436 0.67 1.52
Oct 2025 2182.05578958343 0.46 3.00
Nov 2025 2181.349820319766 -0.03 3.05
Dec 2025 2167.298972289776 -0.64 1.50
Jan 2026 2156.863853395044 -0.48 0.05
Feb 2026 2129.099715099715 -1.29 -2.40