Zip Code: 27540 (Holly Springs, 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 27540 Zip Code (Holly Springs, North Carolina) in February 2026 was $1,909.483. The month over month percentage change (MoM) was -0.16%, and the year over year percentage change (YoY) was 0.73%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 27540 zip code (Holly Springs, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 27540 zip code (Holly Springs, 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: 27540 (Holly Springs, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 27540 (Holly Springs, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 1350.544018537105 Infinity Infinity
Jan 2019 1361.4923242503507 0.81 Infinity
Feb 2019 1376.0563797198972 1.07 Infinity
Mar 2019 1370.2251318911415 -0.42 Infinity
Apr 2019 1376.0502900882466 0.43 Infinity
May 2019 1379.1253460138535 0.22 Infinity
Jun 2019 1381.4687685080364 0.17 Infinity
Jul 2019 1397.0565946820082 1.13 Infinity
Aug 2019 1393.6066745809812 -0.25 Infinity
Sep 2019 1399.308618012474 0.41 Infinity
Oct 2019 1395.3594607891139 -0.28 Infinity
Nov 2019 1401.9992469844299 0.48 Infinity
Dec 2019 1413.076210420126 0.79 4.63
Jan 2020 1412.3833681209678 -0.05 3.74
Feb 2020 1408.4832635578323 -0.28 2.36
Mar 2020 1405.4202677544163 -0.22 2.57
Apr 2020 1415.6909203673588 0.73 2.88
May 2020 1423.3676348574947 0.54 3.21
Jun 2020 1433.9711927108972 0.75 3.80
Jul 2020 1443.0014111006642 0.63 3.29
Aug 2020 1451.1621726887638 0.57 4.13
Sep 2020 1453.6110476053868 0.17 3.88
Oct 2020 1455.4747163829713 0.13 4.31
Nov 2020 1469.2965598707706 0.95 4.80
Dec 2020 1472.3519427412523 0.21 4.20
Jan 2021 1493.9899808821551 1.47 5.78
Feb 2021 1489.9796707813005 -0.27 5.79
Mar 2021 1511.5707319944158 1.45 7.55
Apr 2021 1517.8288443680262 0.41 7.22
May 2021 1553.036013011159 2.32 9.11
Jun 2021 1552.852542918279 -0.01 8.29
Jul 2021 1572.1003730359284 1.24 8.95
Aug 2021 1586.7868642670521 0.93 9.35
Sep 2021 1620.794758020746 2.14 11.50
Oct 2021 1636.64292606387 0.98 12.45
Nov 2021 1655.0499224164823 1.13 12.64
Dec 2021 1695.0594524442288 2.42 15.13
Jan 2022 1718.5919537569857 1.39 15.03
Feb 2022 1746.5731838314123 1.63 17.22
Mar 2022 1734.7762369113395 -0.67 14.77
Apr 2022 1735.6861632593593 0.05 14.35
May 2022 1724.951573445057 -0.62 11.07
Jun 2022 1741.4895920586212 0.96 12.15
Jul 2022 1757.796085697068 0.94 11.81
Aug 2022 1749.920103927863 -0.45 10.28
Sep 2022 1751.7214230617906 0.10 8.08
Oct 2022 1760.496309898615 0.50 7.57
Nov 2022 1781.882858949449 1.22 7.66
Dec 2022 1762.200194477383 -1.10 3.96
Jan 2023 1762.0623881419845 -0.01 2.53
Feb 2023 1773.5069814708809 0.65 1.54
Mar 2023 1811.172034215861 2.12 4.40
Apr 2023 1829.152680806745 0.99 5.39
May 2023 1832.5874357777805 0.19 6.24
Jun 2023 1849.0432626786676 0.90 6.18
Jul 2023 1851.6067837235123 0.14 5.34
Aug 2023 1903.4899544404354 2.80 8.78
Sep 2023 1921.8558942879642 0.97 9.71
Oct 2023 1940.3646735738407 0.96 10.22
Nov 2023 1909.6355542327924 -1.58 7.17
Dec 2023 1900.8589926936056 -0.46 7.87
Jan 2024 1875.799066557949 -1.32 6.46
Feb 2024 1859.1591530301212 -0.89 4.83
Mar 2024 1830.6188731730274 -1.53 1.07
Apr 2024 1836.2918964239657 0.31 0.39
May 2024 1850.2322995087168 0.76 0.96
Jun 2024 1870.1603362295425 1.08 1.14
Jul 2024 1873.6043208422548 0.18 1.19
Aug 2024 1844.4931929924446 -1.55 -3.10
Sep 2024 1827.168570937264 -0.94 -4.93
Oct 2024 1817.0158652864284 -0.56 -6.36
Nov 2024 1832.7504980748645 0.87 -4.03
Dec 2024 1859.4444925796486 1.46 -2.18
Jan 2025 1879.6918611878496 1.09 0.21
Feb 2025 1895.6523986082043 0.85 1.96
Mar 2025 1911.5116311929576 0.84 4.42
Apr 2025 1908.0632753376308 -0.18 3.91
May 2025 1906.0789241778143 -0.10 3.02
Jun 2025 1888.295710576417 -0.93 0.97
Jul 2025 1889.3581938577815 0.06 0.84
Aug 2025 1896.7671033916338 0.39 2.83
Sep 2025 1909.0031682786855 0.65 4.48
Oct 2025 1914.527452153908 0.29 5.37
Nov 2025 1918.9567012336065 0.23 4.70
Dec 2025 1911.5271162842723 -0.39 2.80
Jan 2026 1912.5477540293948 0.05 1.75
Feb 2026 1909.483065953654 -0.16 0.73