Zip Code: 27511 (Cary, 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 27511 Zip Code (Cary, North Carolina) in February 2026 was $1,584.499. The month over month percentage change (MoM) was -0.19%, and the year over year percentage change (YoY) was 2.57%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 27511 zip code (Cary, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 27511 zip code (Cary, 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: 27511 (Cary, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 27511 (Cary, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 0 NaN NaN
Apr 2017 0 NaN NaN
May 2017 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 985.4339240308311 Infinity Infinity
Jan 2018 999.8776842703471 1.47 Infinity
Feb 2018 1005.0320210448041 0.52 Infinity
Mar 2018 1000.1697462757279 -0.48 Infinity
Apr 2018 997.436051729194 -0.27 Infinity
May 2018 1007.4001770208879 1.00 Infinity
Jun 2018 1009.0449496487753 0.16 Infinity
Jul 2018 1018.5456197549611 0.94 Infinity
Aug 2018 1019.3127519449038 0.08 Infinity
Sep 2018 1023.1698930444744 0.38 Infinity
Oct 2018 1019.1950904938566 -0.39 Infinity
Nov 2018 1025.802368770686 0.65 Infinity
Dec 2018 1036.3417608554323 1.03 5.17
Jan 2019 1052.7106475989851 1.58 5.28
Feb 2019 1053.6610052428598 0.09 4.84
Mar 2019 1061.845880741231 0.78 6.17
Apr 2019 1063.4963820447826 0.16 6.62
May 2019 1063.453340693738 0.00 5.56
Jun 2019 1069.338547683387 0.55 5.98
Jul 2019 1073.672573219291 0.41 5.41
Aug 2019 1081.1014700630574 0.69 6.06
Sep 2019 1084.063200171738 0.27 5.95
Oct 2019 1093.2053466362943 0.84 7.26
Nov 2019 1094.2531213072473 0.10 6.67
Dec 2019 1087.552219832892 -0.61 4.94
Jan 2020 1073.740089042618 -1.27 2.00
Feb 2020 1075.933109499119 0.20 2.11
Mar 2020 1097.5802323609596 2.01 3.37
Apr 2020 1107.1035498425242 0.87 4.10
May 2020 1106.3510828194583 -0.07 4.03
Jun 2020 1112.8491713998897 0.59 4.07
Jul 2020 1132.610098841512 1.78 5.49
Aug 2020 1133.3813196310139 0.07 4.84
Sep 2020 1138.6181670255874 0.46 5.03
Oct 2020 1120.5983430062665 -1.58 2.51
Nov 2020 1122.3564648296137 0.16 2.57
Dec 2020 1127.8392631165589 0.49 3.70
Jan 2021 1148.9548689227004 1.87 7.01
Feb 2021 1166.1961607913856 1.50 8.39
Mar 2021 1177.023704739926 0.93 7.24
Apr 2021 1188.1960604501842 0.95 7.33
May 2021 1206.1643111120827 1.51 9.02
Jun 2021 1223.6715495426658 1.45 9.96
Jul 2021 1218.779479139419 -0.40 7.61
Aug 2021 1239.159865570255 1.67 9.33
Sep 2021 1250.7376664144238 0.93 9.85
Oct 2021 1305.269037130409 4.36 16.48
Nov 2021 1319.3421411298118 1.08 17.55
Dec 2021 1336.2970067640238 1.29 18.48
Jan 2022 1343.4093892663411 0.53 16.92
Feb 2022 1351.7770636873138 0.62 15.91
Mar 2022 1372.489434717993 1.53 16.61
Apr 2022 1388.2686469619161 1.15 16.84
May 2022 1401.1581875827949 0.93 16.17
Jun 2022 1405.9736933911497 0.34 14.90
Jul 2022 1422.097641637583 1.15 16.68
Aug 2022 1435.3248357550256 0.93 15.83
Sep 2022 1450.185565048252 1.03 15.95
Oct 2022 1446.335712076121 -0.26 10.81
Nov 2022 1463.234440622775 1.17 10.91
Dec 2022 1480.3407279063667 1.17 10.78
Jan 2023 1477.958466194248 -0.16 10.02
Feb 2023 1465.4846467657937 -0.84 8.41
Mar 2023 1461.9069780892844 -0.24 6.52
Apr 2023 1460.5707406879778 -0.09 5.21
May 2023 1477.531320610315 1.16 5.45
Jun 2023 1475.883485323463 -0.11 4.97
Jul 2023 1497.2996627453902 1.45 5.29
Aug 2023 1491.1690862699506 -0.41 3.89
Sep 2023 1501.865333640079 0.72 3.56
Oct 2023 1478.208282697515 -1.57 2.20
Nov 2023 1482.8291990399139 0.31 1.34
Dec 2023 1486.263075079961 0.23 0.40
Jan 2024 1502.2603290998138 1.08 1.64
Feb 2024 1521.3749734468613 1.27 3.81
Mar 2024 1523.6666640544659 0.15 4.22
Apr 2024 1526.591899281168 0.19 4.52
May 2024 1522.9609557951383 -0.24 3.08
Jun 2024 1540.4080158856698 1.15 4.37
Jul 2024 1539.3804171163747 -0.07 2.81
Aug 2024 1546.3643815494029 0.45 3.70
Sep 2024 1534.6518153056713 -0.76 2.18
Oct 2024 1550.641186683821 1.04 4.90
Nov 2024 1539.608087367581 -0.71 3.83
Dec 2024 1546.8230547999021 0.47 4.08
Jan 2025 1538.6802338827201 -0.53 2.42
Feb 2025 1544.7523343387738 0.40 1.54
Mar 2025 1550.6997890466512 0.39 1.77
Apr 2025 1556.007981352511 0.34 1.93
May 2025 1557.4130726929036 0.09 2.26
Jun 2025 1553.3503163607757 -0.26 0.84
Jul 2025 1550.3625372972551 -0.19 0.71
Aug 2025 1554.1806844389528 0.25 0.51
Sep 2025 1563.739462731163 0.62 1.90
Oct 2025 1571.0453324324722 0.47 1.32
Nov 2025 1582.2585393422155 0.71 2.77
Dec 2025 1579.9930255268075 -0.14 2.14
Jan 2026 1587.4980134932428 0.48 3.17
Feb 2026 1584.4986772486773 -0.19 2.57