Zip Code: 28037 (Denver, 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 28037 Zip Code (Denver, North Carolina) in February 2026 was $1,684.774. The month over month percentage change (MoM) was 1.07%, and the year over year percentage change (YoY) was 1.24%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28037 zip code (Denver, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 28037 zip code (Denver, 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: 28037 (Denver, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28037 (Denver, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
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Month ZORI ($) 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 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 0 NaN NaN
Oct 2021 0 NaN NaN
Nov 2021 0 NaN NaN
Dec 2021 0 NaN NaN
Jan 2022 0 NaN NaN
Feb 2022 1367.7933462101223 Infinity Infinity
Mar 2022 1389.2670257903144 1.57 Infinity
Apr 2022 1400.9396333605723 0.84 Infinity
May 2022 1429.969614693371 2.07 Infinity
Jun 2022 1440.0971501293516 0.71 Infinity
Jul 2022 1460.2357615041321 1.40 Infinity
Aug 2022 1471.2084951479517 0.75 Infinity
Sep 2022 1473.346047545067 0.14 Infinity
Oct 2022 1468.2104352444069 -0.35 Infinity
Nov 2022 1473.7865351475675 0.38 Infinity
Dec 2022 1505.9984189396298 2.19 Infinity
Jan 2023 1529.0362985392023 1.53 Infinity
Feb 2023 1527.4722850628764 -0.10 11.67
Mar 2023 1500.2422578415526 -1.78 7.99
Apr 2023 1502.258710566148 0.13 7.23
May 2023 1505.413798271135 0.21 5.28
Jun 2023 1519.5368870000802 0.94 5.52
Jul 2023 1527.5414111713906 0.53 4.61
Aug 2023 1523.3628284122306 -0.27 3.55
Sep 2023 1548.9548491571295 1.68 5.13
Oct 2023 1560.5534421412046 0.75 6.29
Nov 2023 1572.7651713819168 0.78 6.72
Dec 2023 1543.8445511811428 -1.84 2.51
Jan 2024 1535.0719793433748 -0.57 0.40
Feb 2024 1541.4120185723305 0.41 0.91
Mar 2024 1567.935135995005 1.72 4.51
Apr 2024 1580.9169521599035 0.83 5.24
May 2024 1580.1639602830207 -0.05 4.97
Jun 2024 1593.762783427546 0.86 4.89
Jul 2024 1590.3037062938342 -0.22 4.11
Aug 2024 1619.914615135582 1.86 6.34
Sep 2024 1605.6320899716877 -0.88 3.66
Oct 2024 1625.5371926495714 1.24 4.16
Nov 2024 1649.0057835530665 1.44 4.85
Dec 2024 1675.7592973808937 1.62 8.55
Jan 2025 1679.9378043779209 0.25 9.44
Feb 2025 1664.1759110027067 -0.94 7.96
Mar 2025 1668.8804183004036 0.28 6.44
Apr 2025 1671.7207710421308 0.17 5.74
May 2025 1680.40280590551 0.52 6.34
Jun 2025 1675.1224807595186 -0.31 5.11
Jul 2025 1683.1665995087121 0.48 5.84
Aug 2025 1672.728532637982 -0.62 3.26
Sep 2025 1682.7990722416698 0.60 4.81
Oct 2025 1675.1022487873176 -0.46 3.05
Nov 2025 1661.9152692186674 -0.79 0.78
Dec 2025 1660.2921069728322 -0.10 -0.92
Jan 2026 1666.9555551117196 0.40 -0.77
Feb 2026 1684.774074074074 1.07 1.24