Zip Code: 28202 (Charlotte, 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 28202 Zip Code (Charlotte, North Carolina) in February 2026 was $1,896.422. The month over month percentage change (MoM) was -0.78%, and the year over year percentage change (YoY) was -1.72%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28202 zip code (Charlotte, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 28202 zip code (Charlotte, 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: 28202 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28202 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1342.8828660784704 NaN NaN
Feb 2015 1346.600499421087 0.28 NaN
Mar 2015 1326.9963450618595 -1.46 NaN
Apr 2015 1332.9878023536078 0.45 NaN
May 2015 1352.5119251057713 1.47 NaN
Jun 2015 1380.1358012158926 2.04 NaN
Jul 2015 1385.729651499675 0.41 NaN
Aug 2015 1407.8567690570908 1.60 NaN
Sep 2015 1404.871667783693 -0.21 NaN
Oct 2015 1404.591902878594 -0.02 NaN
Nov 2015 1374.8019110457724 -2.12 NaN
Dec 2015 1390.5018369298452 1.14 NaN
Jan 2016 1396.9215844782414 0.46 4.02
Feb 2016 1427.4916003701026 2.19 6.01
Mar 2016 1447.7534328306092 1.42 9.10
Apr 2016 1439.361196323487 -0.58 7.98
May 2016 1424.1986388984512 -1.05 5.30
Jun 2016 1412.2041833891583 -0.84 2.32
Jul 2016 1423.5897173331443 0.81 2.73
Aug 2016 1409.0358911961225 -1.02 0.08
Sep 2016 1424.4122162731644 1.09 1.39
Oct 2016 1448.946906261908 1.72 3.16
Nov 2016 1470.1730962825543 1.47 6.94
Dec 2016 1460.5444058121252 -0.65 5.04
Jan 2017 1463.4170543077391 0.20 4.76
Feb 2017 1461.8167105620673 -0.11 2.40
Mar 2017 1478.8963163344315 1.17 2.15
Apr 2017 1470.2035820131348 -0.59 2.14
May 2017 1489.4520733959432 1.31 4.58
Jun 2017 1483.6429566169384 -0.39 5.06
Jul 2017 1491.2090226485273 0.51 4.75
Aug 2017 1488.0894076732586 -0.21 5.61
Sep 2017 1476.9830303481638 -0.75 3.69
Oct 2017 1482.5845244372301 0.38 2.32
Nov 2017 1503.5544700854803 1.41 2.27
Dec 2017 1525.418596824852 1.45 4.44
Jan 2018 1501.5552908088805 -1.56 2.61
Feb 2018 1495.2733089912847 -0.42 2.29
Mar 2018 1491.6330779164487 -0.24 0.86
Apr 2018 1523.9766580958365 2.17 3.66
May 2018 1538.1796070419878 0.93 3.27
Jun 2018 1555.7804752814795 1.14 4.86
Jul 2018 1557.6779521981032 0.12 4.46
Aug 2018 1572.384946394279 0.94 5.67
Sep 2018 1575.0318274772944 0.17 6.64
Oct 2018 1573.3957005603331 -0.10 6.13
Nov 2018 1582.7744324327869 0.60 5.27
Dec 2018 1605.9020569511156 1.46 5.28
Jan 2019 1636.815345336317 1.93 9.01
Feb 2019 1632.608285516524 -0.26 9.19
Mar 2019 1638.1217342460864 0.34 9.82
Apr 2019 1632.064950604584 -0.37 7.09
May 2019 1626.871729787255 -0.32 5.77
Jun 2019 1630.1774067999636 0.20 4.78
Jul 2019 1633.8600037050592 0.23 4.89
Aug 2019 1637.0932071234931 0.20 4.12
Sep 2019 1647.423242528588 0.63 4.60
Oct 2019 1649.313282125872 0.12 4.83
Nov 2019 1635.1131695646918 -0.86 3.31
Dec 2019 1613.9693438005886 -1.29 0.50
Jan 2020 1606.634088507649 -0.45 -1.84
Feb 2020 1615.809510613216 0.57 -1.03
Mar 2020 1666.8328659807873 3.16 1.75
Apr 2020 1637.7016681230166 -1.75 0.35
May 2020 1613.6586976226047 -1.47 -0.81
Jun 2020 1576.2569616546282 -2.32 -3.31
Jul 2020 1577.8248365735712 0.10 -3.43
Aug 2020 1561.2285938530783 -1.05 -4.63
Sep 2020 1558.3370499821046 -0.18 -5.41
Oct 2020 1557.9369980501112 -0.03 -5.54
Nov 2020 1571.4687839691733 0.87 -3.89
Dec 2020 1567.546110433597 -0.25 -2.88
Jan 2021 1555.1749233520109 -0.79 -3.20
Feb 2021 1540.681031694699 -0.93 -4.65
Mar 2021 1566.1514846560747 1.65 -6.04
Apr 2021 1607.2793981792008 2.63 -1.86
May 2021 1654.717528209546 2.95 2.54
Jun 2021 1688.2562688127339 2.03 7.11
Jul 2021 1707.419647726146 1.14 8.21
Aug 2021 1751.990288313968 2.61 12.22
Sep 2021 1784.102978614944 1.83 14.49
Oct 2021 1816.9965350638288 1.84 16.63
Nov 2021 1820.969898038855 0.22 15.88
Dec 2021 1848.1235667531262 1.49 17.90
Jan 2022 1871.7587987536292 1.28 20.36
Feb 2022 1898.7683644731774 1.44 23.24
Mar 2022 1896.473959307686 -0.12 21.09
Apr 2022 1907.1751028573512 0.56 18.66
May 2022 1929.297230751911 1.16 16.59
Jun 2022 1957.2023958998823 1.45 15.93
Jul 2022 1994.118698567603 1.89 16.79
Aug 2022 1989.9538884347533 -0.21 13.58
Sep 2022 1984.812242102623 -0.26 11.25
Oct 2022 1971.780580132212 -0.66 8.52
Nov 2022 1965.5763149653822 -0.31 7.94
Dec 2022 1960.7306816739604 -0.25 6.09
Jan 2023 1955.5525821422548 -0.26 4.48
Feb 2023 1972.351678032101 0.86 3.88
Mar 2023 1973.9980067733632 0.08 4.09
Apr 2023 1976.7041741229277 0.14 3.65
May 2023 1959.341047997811 -0.88 1.56
Jun 2023 1962.192023610435 0.15 0.26
Jul 2023 1941.6983338630318 -1.04 -2.63
Aug 2023 1941.28145913253 -0.02 -2.45
Sep 2023 1940.2670348947893 -0.05 -2.24
Oct 2023 1954.8517524250788 0.75 -0.86
Nov 2023 1962.9481391479417 0.41 -0.13
Dec 2023 1962.5398062632948 -0.02 0.09
Jan 2024 1959.1673741139696 -0.17 0.19
Feb 2024 1943.4971562959645 -0.80 -1.46
Mar 2024 1931.526795113949 -0.62 -2.15
Apr 2024 1921.8964556771507 -0.50 -2.77
May 2024 1924.2088418235944 0.12 -1.79
Jun 2024 1928.9873603326093 0.25 -1.69
Jul 2024 1929.203976259046 0.01 -0.64
Aug 2024 1926.6504040393888 -0.13 -0.75
Sep 2024 1917.1604781727247 -0.49 -1.19
Oct 2024 1907.6477045202641 -0.50 -2.41
Nov 2024 1905.2997032131134 -0.12 -2.94
Dec 2024 1903.5643208490314 -0.09 -3.00
Jan 2025 1916.7569171559753 0.69 -2.16
Feb 2025 1929.5882953107073 0.67 -0.72
Mar 2025 1940.3134339579249 0.56 0.46
Apr 2025 1944.6531480854553 0.22 1.18
May 2025 1945.742473649703 0.06 1.12
Jun 2025 1934.0111092696081 -0.60 0.26
Jul 2025 1934.5904866725803 0.03 0.28
Aug 2025 1934.0267332531014 -0.03 0.38
Sep 2025 1938.7191978553215 0.24 1.13
Oct 2025 1936.8184062051741 -0.10 1.53
Nov 2025 1931.0924148995978 -0.30 1.35
Dec 2025 1926.7619294408798 -0.22 1.22
Jan 2026 1911.3006019000827 -0.80 -0.28
Feb 2026 1896.4218816278662 -0.78 -1.72