Zip Code: 27703 (Durham, 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 27703 Zip Code (Durham, North Carolina) in February 2026 was $1,750.795. The month over month percentage change (MoM) was -0.20%, and the year over year percentage change (YoY) was 0.31%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 27703 zip code (Durham, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 27703 zip code (Durham, 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: 27703 (Durham, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 27703 (Durham, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1063.5666517330023 NaN NaN
Feb 2015 1058.4083216231968 -0.48 NaN
Mar 2015 1059.5872737636766 0.11 NaN
Apr 2015 1047.539194638582 -1.14 NaN
May 2015 1065.556237211469 1.72 NaN
Jun 2015 1066.889102163206 0.13 NaN
Jul 2015 1071.837160353511 0.46 NaN
Aug 2015 1068.6608526789566 -0.30 NaN
Sep 2015 1074.905721314888 0.58 NaN
Oct 2015 1081.3587886325429 0.60 NaN
Nov 2015 1086.163963722983 0.44 NaN
Dec 2015 1081.8532877824375 -0.40 NaN
Jan 2016 1080.042785088721 -0.17 1.55
Feb 2016 1094.7002003336406 1.36 3.43
Mar 2016 1105.4246920685769 0.98 4.33
Apr 2016 1119.8197362179978 1.30 6.90
May 2016 1110.4963907824897 -0.83 4.22
Jun 2016 1114.2609230940102 0.34 4.44
Jul 2016 1110.9407645047431 -0.30 3.65
Aug 2016 1123.6347398601945 1.14 5.14
Sep 2016 1130.4319158486549 0.61 5.17
Oct 2016 1144.1633503046733 1.22 5.81
Nov 2016 1151.8412920222204 0.67 6.05
Dec 2016 1157.285640742375 0.47 6.97
Jan 2017 1155.9852373322221 -0.11 7.03
Feb 2017 1153.3524884948426 -0.23 5.36
Mar 2017 1166.5483979697246 1.14 5.53
Apr 2017 1167.337860924159 0.07 4.24
May 2017 1170.2918966964469 0.25 5.39
Jun 2017 1164.9907386692007 -0.45 4.55
Jul 2017 1174.5987158536575 0.83 5.73
Aug 2017 1178.8078095910882 0.36 4.91
Sep 2017 1182.8743174543652 0.35 4.64
Oct 2017 1179.9624690695757 -0.25 3.13
Nov 2017 1171.6695714486036 -0.70 1.72
Dec 2017 1176.2912410330762 0.39 1.64
Jan 2018 1185.1258268259521 0.75 2.52
Feb 2018 1191.8814586050464 0.57 3.34
Mar 2018 1201.502916269102 0.81 3.00
Apr 2018 1200.1791101377846 -0.11 2.81
May 2018 1200.667273504554 0.04 2.60
Jun 2018 1201.6405622146515 0.08 3.15
Jul 2018 1207.5073747854692 0.49 2.80
Aug 2018 1215.8113371874106 0.69 3.14
Sep 2018 1221.3484723504685 0.46 3.25
Oct 2018 1228.6080386789781 0.59 4.12
Nov 2018 1238.201852213432 0.78 5.68
Dec 2018 1249.8536561851845 0.94 6.25
Jan 2019 1244.5507303118914 -0.42 5.01
Feb 2019 1246.2736583150968 0.14 4.56
Mar 2019 1240.5395510452934 -0.46 3.25
Apr 2019 1249.0266045390897 0.68 4.07
May 2019 1259.3426854989925 0.83 4.89
Jun 2019 1271.3558658784207 0.95 5.80
Jul 2019 1273.6610543816873 0.18 5.48
Aug 2019 1273.5862770086972 -0.01 4.75
Sep 2019 1276.9344365802108 0.26 4.55
Oct 2019 1280.9830970027415 0.32 4.26
Nov 2019 1287.5727795323053 0.51 3.99
Dec 2019 1286.996882664934 -0.04 2.97
Jan 2020 1299.1027977373226 0.94 4.38
Feb 2020 1306.816939173052 0.59 4.86
Mar 2020 1334.935453581338 2.15 7.61
Apr 2020 1319.6132940195641 -1.15 5.65
May 2020 1313.4556236439244 -0.47 4.30
Jun 2020 1307.007506209792 -0.49 2.80
Jul 2020 1310.3879043467327 0.26 2.88
Aug 2020 1324.7930036179393 1.10 4.02
Sep 2020 1336.297399954203 0.87 4.65
Oct 2020 1352.129815294942 1.19 5.55
Nov 2020 1361.4881385049682 0.69 5.74
Dec 2020 1368.5828473051013 0.52 6.34
Jan 2021 1368.7911870315504 0.02 5.36
Feb 2021 1373.5305359232057 0.35 5.11
Mar 2021 1387.9412457808053 1.05 3.97
Apr 2021 1412.793983999857 1.79 7.06
May 2021 1436.3886955398937 1.67 9.36
Jun 2021 1455.6915521816886 1.34 11.38
Jul 2021 1482.8781095597533 1.87 13.16
Aug 2021 1513.6926217439118 2.08 14.26
Sep 2021 1548.272253057626 2.28 15.86
Oct 2021 1571.8383200159228 1.52 16.25
Nov 2021 1577.8938060975174 0.39 15.90
Dec 2021 1580.054318098655 0.14 15.45
Jan 2022 1580.8919423567659 0.05 15.50
Feb 2022 1605.8920833094987 1.58 16.92
Mar 2022 1616.4678429886196 0.66 16.47
Apr 2022 1638.3743278064194 1.36 15.97
May 2022 1647.9991769916837 0.59 14.73
Jun 2022 1673.433065123168 1.54 14.96
Jul 2022 1690.2609400469296 1.01 13.99
Aug 2022 1694.2094322617477 0.23 11.93
Sep 2022 1687.1942615057774 -0.41 8.97
Oct 2022 1682.263176192298 -0.29 7.03
Nov 2022 1688.9257630604216 0.40 7.04
Dec 2022 1703.9826489216366 0.89 7.84
Jan 2023 1715.4203214190081 0.67 8.51
Feb 2023 1716.4025062825485 0.06 6.88
Mar 2023 1719.247419341706 0.17 6.36
Apr 2023 1721.743303649656 0.14 5.09
May 2023 1726.0664379771595 0.25 4.74
Jun 2023 1720.0979690567879 -0.35 2.79
Jul 2023 1704.4998945719412 -0.91 0.84
Aug 2023 1693.9074840666422 -0.62 -0.02
Sep 2023 1687.9463230686395 -0.35 0.05
Oct 2023 1699.874779610873 0.71 1.05
Nov 2023 1703.192415849423 0.20 0.85
Dec 2023 1717.045992619042 0.81 0.77
Jan 2024 1722.6916924262587 0.33 0.42
Feb 2024 1730.7321858947298 0.47 0.84
Mar 2024 1722.8079752950985 -0.46 0.21
Apr 2024 1718.1833474679672 -0.27 -0.21
May 2024 1718.121490796284 0.00 -0.46
Jun 2024 1727.5956664640187 0.55 0.44
Jul 2024 1736.0250138156139 0.49 1.85
Aug 2024 1743.7556425911012 0.45 2.94
Sep 2024 1747.0664178853513 0.19 3.50
Oct 2024 1738.9635996282282 -0.46 2.30
Nov 2024 1736.0103950631442 -0.17 1.93
Dec 2024 1734.2966539893546 -0.10 1.00
Jan 2025 1746.853680837355 0.72 1.40
Feb 2025 1745.3509083168412 -0.09 0.85
Mar 2025 1756.1772085997197 0.62 1.94
Apr 2025 1761.2427050133417 0.29 2.51
May 2025 1763.8142521223497 0.15 2.66
Jun 2025 1760.0922808508417 -0.21 1.88
Jul 2025 1762.5480065272682 0.14 1.53
Aug 2025 1764.8936979631858 0.13 1.21
Sep 2025 1769.5795424371481 0.27 1.29
Oct 2025 1773.4049155410712 0.22 1.98
Nov 2025 1774.8991355526684 0.08 2.24
Dec 2025 1768.0929922756327 -0.38 1.95
Jan 2026 1754.3020023365284 -0.78 0.43
Feb 2026 1750.7949074074074 -0.20 0.31