Zip Code: 27704 (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 27704 Zip Code (Durham, North Carolina) in February 2026 was $1,701.429. The month over month percentage change (MoM) was -0.12%, and the year over year percentage change (YoY) was 4.70%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 27704 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 27704 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: 27704 (Durham, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 27704 (Durham, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 1092.5417195332802 Infinity Infinity
Apr 2018 1100.2872893110507 0.71 Infinity
May 2018 1104.3772596917502 0.37 Infinity
Jun 2018 1100.0900113828695 -0.39 Infinity
Jul 2018 1107.316271079023 0.66 Infinity
Aug 2018 1106.049444180741 -0.11 Infinity
Sep 2018 1106.8148413745862 0.07 Infinity
Oct 2018 1114.4911305344006 0.69 Infinity
Nov 2018 1113.7304537966302 -0.07 Infinity
Dec 2018 1123.209885982593 0.85 Infinity
Jan 2019 1125.1975877273178 0.18 Infinity
Feb 2019 1125.3585485333624 0.01 Infinity
Mar 2019 1122.7045288384488 -0.24 2.76
Apr 2019 1125.1321947215847 0.22 2.26
May 2019 1133.8176715493719 0.77 2.67
Jun 2019 1146.1435984182008 1.09 4.19
Jul 2019 1154.1020788145506 0.69 4.22
Aug 2019 1163.5927384928743 0.82 5.20
Sep 2019 1175.4150824505068 1.02 6.20
Oct 2019 1180.4273291682387 0.43 5.92
Nov 2019 1193.8007365419244 1.13 7.19
Dec 2019 1197.0562690032261 0.27 6.58
Jan 2020 1203.462653011232 0.54 6.96
Feb 2020 1206.744677289031 0.27 7.23
Mar 2020 1204.4822997454678 -0.19 7.28
Apr 2020 1202.9483042781233 -0.13 6.92
May 2020 1206.5478532599907 0.30 6.42
Jun 2020 1214.1226065616213 0.63 5.93
Jul 2020 1221.2490533930718 0.59 5.82
Aug 2020 1223.7836748725322 0.21 5.17
Sep 2020 1233.9153382469826 0.83 4.98
Oct 2020 1244.5205337760776 0.86 5.43
Nov 2020 1250.325501590236 0.47 4.74
Dec 2020 1256.1499446474918 0.47 4.94
Jan 2021 1265.3405282166298 0.73 5.14
Feb 2021 1281.0427064929654 1.24 6.16
Mar 2021 1293.2551004012566 0.95 7.37
Apr 2021 1309.861000525511 1.28 8.89
May 2021 1316.5608255679433 0.51 9.12
Jun 2021 1335.040936223844 1.40 9.96
Jul 2021 1342.8561208425804 0.59 9.96
Aug 2021 1359.4899695884785 1.24 11.09
Sep 2021 1358.1832488995642 -0.10 10.07
Oct 2021 1375.9602681832673 1.31 10.56
Nov 2021 1395.6299234442752 1.43 11.62
Dec 2021 1413.3858142845274 1.27 12.52
Jan 2022 1414.4956494751443 0.08 11.79
Feb 2022 1414.1253577120476 -0.03 10.39
Mar 2022 1434.3817240970352 1.43 10.91
Apr 2022 1450.1478360060246 1.10 10.71
May 2022 1475.048361152288 1.72 12.04
Jun 2022 1487.0687471291235 0.82 11.39
Jul 2022 1517.785801046477 2.07 13.03
Aug 2022 1531.9049987708986 0.93 12.68
Sep 2022 1543.0893957113353 0.73 13.61
Oct 2022 1536.5065398769793 -0.43 11.67
Nov 2022 1521.4775068888223 -0.98 9.02
Dec 2022 1537.7228359514056 1.07 8.80
Jan 2023 1554.5890836546064 1.10 9.90
Feb 2023 1578.158081642128 1.52 11.60
Mar 2023 1563.978734420953 -0.90 9.04
Apr 2023 1569.7992295626843 0.37 8.25
May 2023 1566.1881857717174 -0.23 6.18
Jun 2023 1556.1519025258965 -0.64 4.65
Jul 2023 1541.2615654268272 -0.96 1.55
Aug 2023 1541.2489797371359 0.00 0.61
Sep 2023 1553.8716803575371 0.82 0.70
Oct 2023 1576.0903607769255 1.43 2.58
Nov 2023 1607.539614470626 2.00 5.66
Dec 2023 1622.9889281325602 0.96 5.55
Jan 2024 1616.882942601063 -0.38 4.01
Feb 2024 1604.6900269677983 -0.75 1.68
Mar 2024 1600.4865335332988 -0.26 2.33
Apr 2024 1597.1951658606192 -0.21 1.75
May 2024 1616.7253068498017 1.22 3.23
Jun 2024 1639.1770411418513 1.39 5.34
Jul 2024 1636.5351637771876 -0.16 6.18
Aug 2024 1631.6134283579415 -0.30 5.86
Sep 2024 1617.6719053411161 -0.85 4.11
Oct 2024 1629.2416250887602 0.72 3.37
Nov 2024 1605.8256933076602 -1.44 -0.11
Dec 2024 1594.7841446887307 -0.69 -1.74
Jan 2025 1604.4652733098305 0.61 -0.77
Feb 2025 1625.0521233840536 1.28 1.27
Mar 2025 1642.2677486821835 1.06 2.61
Apr 2025 1650.0994746393726 0.48 3.31
May 2025 1643.0192945379263 -0.43 1.63
Jun 2025 1639.1895821153053 -0.23 0.00
Jul 2025 1653.1140628434491 0.85 1.01
Aug 2025 1664.8093715630328 0.71 2.04
Sep 2025 1678.5390841844953 0.83 3.76
Oct 2025 1671.3536847423563 -0.43 2.59
Nov 2025 1688.690829621643 1.04 5.16
Dec 2025 1698.7529904030037 0.60 6.52
Jan 2026 1703.4495359268171 0.28 6.17
Feb 2026 1701.428613053613 -0.12 4.70