Zip Code: 27516 (Carrboro, 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 27516 Zip Code (Carrboro, North Carolina) in February 2026 was $2,205.542. The month over month percentage change (MoM) was 0.73%, and the year over year percentage change (YoY) was 4.98%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 27516 zip code (Carrboro, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 27516 zip code (Carrboro, 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: 27516 (Carrboro, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 27516 (Carrboro, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 1361.3127402206621 Infinity Infinity
Oct 2018 1374.9574994596794 1.00 Infinity
Nov 2018 1438.3399539993432 4.61 Infinity
Dec 2018 1416.8210295559973 -1.50 Infinity
Jan 2019 1426.398234696581 0.68 Infinity
Feb 2019 1400.9949507821664 -1.78 Infinity
Mar 2019 1433.0090728064083 2.29 Infinity
Apr 2019 1428.9326043977785 -0.28 Infinity
May 2019 1427.6688367986696 -0.09 Infinity
Jun 2019 1433.2788555130253 0.39 Infinity
Jul 2019 1442.614312612406 0.65 Infinity
Aug 2019 1470.1968944883965 1.91 Infinity
Sep 2019 1479.4268464960883 0.63 8.68
Oct 2019 1485.3404213812014 0.40 8.03
Nov 2019 1463.0119086545105 -1.50 1.72
Dec 2019 1503.510228792578 2.77 6.12
Jan 2020 1524.7860091972439 1.42 6.90
Feb 2020 1571.1499222745924 3.04 12.15
Mar 2020 1498.1349985277943 -4.65 4.55
Apr 2020 1492.8338638030223 -0.35 4.47
May 2020 1485.2931789467355 -0.50 4.04
Jun 2020 1468.6647847052816 -1.12 2.47
Jul 2020 1472.9431776572283 0.29 2.10
Aug 2020 1457.4997292528092 -1.05 -0.86
Sep 2020 1479.971189354793 1.54 0.04
Oct 2020 1508.141531769966 1.90 1.54
Nov 2020 1558.8587337315198 3.36 6.55
Dec 2020 1564.3593148194016 0.35 4.05
Jan 2021 1571.312637875188 0.44 3.05
Feb 2021 1577.1268974376385 0.37 0.38
Mar 2021 1551.0881409429594 -1.65 3.54
Apr 2021 1579.9529676720404 1.86 5.84
May 2021 1610.219643859432 1.92 8.41
Jun 2021 1671.6786242900328 3.82 13.82
Jul 2021 1692.9897862563805 1.27 14.94
Aug 2021 1697.664141815668 0.28 16.48
Sep 2021 1701.0359506147909 0.20 14.94
Oct 2021 1694.2731599979234 -0.40 12.34
Nov 2021 1692.2815032616995 -0.12 8.56
Dec 2021 1727.1731005278532 2.06 10.41
Jan 2022 1771.4963399167639 2.57 12.74
Feb 2022 1801.8913074971085 1.72 14.25
Mar 2022 1824.1905664808635 1.24 17.61
Apr 2022 1817.0017585467315 -0.39 15.00
May 2022 1824.4013669293702 0.41 13.30
Jun 2022 1837.514660627086 0.72 9.92
Jul 2022 1840.4008478429412 0.16 8.71
Aug 2022 1866.7330391863266 1.43 9.96
Sep 2022 1860.5824794665175 -0.33 9.38
Oct 2022 1894.9648291527803 1.85 11.85
Nov 2022 1890.086687510789 -0.26 11.69
Dec 2022 1899.2635784437814 0.49 9.96
Jan 2023 1886.414592373594 -0.68 6.49
Feb 2023 1906.5218466835456 1.07 5.81
Mar 2023 1920.2851730890063 0.72 5.27
Apr 2023 1938.2983309317858 0.94 6.68
May 2023 1945.361700882826 0.36 6.63
Jun 2023 1958.0336959768083 0.65 6.56
Jul 2023 1973.2596424058536 0.78 7.22
Aug 2023 1992.759106209292 0.99 6.75
Sep 2023 1984.330403157795 -0.42 6.65
Oct 2023 1982.967753325142 -0.07 4.64
Nov 2023 1975.5657303363616 -0.37 4.52
Dec 2023 1989.3866229624707 0.70 4.75
Jan 2024 1987.8809362419574 -0.08 5.38
Feb 2024 2010.3363435797844 1.13 5.45
Mar 2024 2016.2873514327885 0.30 5.00
Apr 2024 2041.2773592673561 1.24 5.31
May 2024 2037.6362744620203 -0.18 4.74
Jun 2024 2048.7530725931324 0.55 4.63
Jul 2024 2051.015378772111 0.11 3.94
Aug 2024 2061.9516231260127 0.53 3.47
Sep 2024 2072.846630228912 0.53 4.46
Oct 2024 2074.8306167966607 0.10 4.63
Nov 2024 2090.7444134462 0.77 5.83
Dec 2024 2099.1723340667227 0.40 5.52
Jan 2025 2113.4335596858555 0.68 6.32
Feb 2025 2100.995740684828 -0.59 4.51
Mar 2025 2105.215961516525 0.20 4.41
Apr 2025 2097.521488085403 -0.36 2.76
May 2025 2114.8405389160944 0.83 3.79
Jun 2025 2116.1701598737363 0.06 3.29
Jul 2025 2126.9182536971193 0.51 3.70
Aug 2025 2124.1962846990964 -0.13 3.02
Sep 2025 2142.6654252550525 0.87 3.37
Oct 2025 2156.348320458343 0.64 3.93
Nov 2025 2170.8388665862053 0.67 3.83
Dec 2025 2176.1328141271747 0.24 3.67
Jan 2026 2189.5936118652794 0.62 3.60
Feb 2026 2205.5416666666665 0.73 4.98