Zip Code: 28205 (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 28205 Zip Code (Charlotte, North Carolina) in February 2026 was $1,725.653. The month over month percentage change (MoM) was 0.02%, and the year over year percentage change (YoY) was 3.16%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28205 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 28205 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: 28205 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28205 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 867.9159904303905 NaN NaN
Feb 2015 873.4213946365223 0.63 NaN
Mar 2015 863.9244583704709 -1.09 NaN
Apr 2015 876.0984427043505 1.41 NaN
May 2015 894.9353872154642 2.15 NaN
Jun 2015 914.4755273259105 2.18 NaN
Jul 2015 921.145983621108 0.73 NaN
Aug 2015 922.681115653863 0.17 NaN
Sep 2015 924.3077897122292 0.18 NaN
Oct 2015 921.7380300725288 -0.28 NaN
Nov 2015 934.6342850144124 1.40 NaN
Dec 2015 943.0553000261608 0.90 NaN
Jan 2016 960.7295600456555 1.87 10.69
Feb 2016 971.7983368665217 1.15 11.26
Mar 2016 977.3731449355948 0.57 13.13
Apr 2016 967.2377696888377 -1.04 10.40
May 2016 958.8825156937813 -0.86 7.15
Jun 2016 956.2641262845086 -0.27 4.57
Jul 2016 965.8992596083949 1.01 4.86
Aug 2016 972.8535065684756 0.72 5.44
Sep 2016 983.8503150019889 1.13 6.44
Oct 2016 1004.8628165499741 2.14 9.02
Nov 2016 1008.0597449137844 0.32 7.86
Dec 2016 1011.4714938258621 0.34 7.26
Jan 2017 1005.2579905504573 -0.61 4.64
Feb 2017 1008.8748834450583 0.36 3.82
Mar 2017 1025.0395245373963 1.60 4.88
Apr 2017 1049.563296225981 2.39 8.51
May 2017 1061.3418760221418 1.12 10.69
Jun 2017 1071.995898161953 1.00 12.10
Jul 2017 1075.1648809398607 0.30 11.31
Aug 2017 1078.7426083156727 0.33 10.88
Sep 2017 1081.9888892724562 0.30 9.98
Oct 2017 1072.0620898682898 -0.92 6.69
Nov 2017 1081.7779388291835 0.91 7.31
Dec 2017 1095.915086294185 1.31 8.35
Jan 2018 1116.3896284636498 1.87 11.06
Feb 2018 1122.288178153034 0.53 11.24
Mar 2018 1114.966541137977 -0.65 8.77
Apr 2018 1118.4623219634095 0.31 6.57
May 2018 1131.8568974790096 1.20 6.64
Jun 2018 1139.4503673939612 0.67 6.29
Jul 2018 1143.3786597429462 0.35 6.34
Aug 2018 1151.9506521296726 0.75 6.79
Sep 2018 1155.5497563721963 0.31 6.80
Oct 2018 1161.984440198125 0.56 8.39
Nov 2018 1170.7463425042397 0.75 8.22
Dec 2018 1169.7594168115602 -0.08 6.74
Jan 2019 1171.5204827327373 0.15 4.94
Feb 2019 1176.7978083631047 0.45 4.86
Mar 2019 1187.7441246278252 0.93 6.53
Apr 2019 1188.4934196130635 0.06 6.26
May 2019 1187.4048963511723 -0.09 4.91
Jun 2019 1190.1668139825126 0.23 4.45
Jul 2019 1197.0038182386425 0.57 4.69
Aug 2019 1200.425334365481 0.29 4.21
Sep 2019 1206.6632871641248 0.52 4.42
Oct 2019 1215.0125099644831 0.69 4.56
Nov 2019 1214.6412106298028 -0.03 3.75
Dec 2019 1219.4100838769602 0.39 4.25
Jan 2020 1220.34594380986 0.08 4.17
Feb 2020 1223.7991212223956 0.28 3.99
Mar 2020 1232.8507619083398 0.74 3.80
Apr 2020 1241.2960887351865 0.69 4.44
May 2020 1249.2998557658543 0.65 5.21
Jun 2020 1245.0650838706006 -0.34 4.61
Jul 2020 1241.2225524331645 -0.31 3.69
Aug 2020 1243.8471601910978 0.21 3.62
Sep 2020 1249.5373336706946 0.46 3.55
Oct 2020 1247.768922603526 -0.14 2.70
Nov 2020 1254.9900775181 0.58 3.32
Dec 2020 1258.3587665277037 0.27 3.19
Jan 2021 1272.0791032297752 1.09 4.24
Feb 2021 1278.0083697941782 0.47 4.43
Mar 2021 1299.121097899494 1.65 5.38
Apr 2021 1311.3559245806618 0.94 5.64
May 2021 1324.5022997401084 1.00 6.02
Jun 2021 1341.2136925486045 1.26 7.72
Jul 2021 1365.6315097048855 1.82 10.02
Aug 2021 1387.9698832308834 1.64 11.59
Sep 2021 1408.365174995197 1.47 12.71
Oct 2021 1437.8681861588557 2.10 15.24
Nov 2021 1457.7126885345006 1.38 16.15
Dec 2021 1489.0428986798122 2.15 18.33
Jan 2022 1492.7572482661647 0.25 17.35
Feb 2022 1510.115076915164 1.16 18.16
Mar 2022 1500.3504458819784 -0.65 15.49
Apr 2022 1516.0475384785552 1.05 15.61
May 2022 1540.8055040842569 1.63 16.33
Jun 2022 1570.9226887337463 1.96 17.13
Jul 2022 1587.6287312784987 1.06 16.26
Aug 2022 1590.8429354400594 0.20 14.62
Sep 2022 1600.6956611685534 0.62 13.66
Oct 2022 1604.5173599178436 0.24 11.59
Nov 2022 1616.3269606091678 0.74 10.88
Dec 2022 1623.6361288196442 0.45 9.04
Jan 2023 1639.8581517379437 1.00 9.85
Feb 2023 1642.3668277496556 0.15 8.76
Mar 2023 1652.4634799364128 0.62 10.14
Apr 2023 1657.5572214325223 0.31 9.33
May 2023 1654.6842712099085 -0.17 7.39
Jun 2023 1650.8511379772808 -0.23 5.09
Jul 2023 1645.0611795800796 -0.35 3.62
Aug 2023 1665.1699477278032 1.22 4.67
Sep 2023 1666.4679635950597 0.08 4.11
Oct 2023 1675.8315315429347 0.56 4.45
Nov 2023 1668.8151448986805 -0.42 3.25
Dec 2023 1659.180962464938 -0.58 2.19
Jan 2024 1662.4488452724124 0.20 1.38
Feb 2024 1663.534471728483 0.07 1.29
Mar 2024 1677.559660648805 0.84 1.52
Apr 2024 1670.5938330788972 -0.41 0.79
May 2024 1668.8491768409745 -0.10 0.86
Jun 2024 1662.6146227971533 -0.37 0.71
Jul 2024 1664.0073679289314 0.08 1.15
Aug 2024 1673.753047067395 0.59 0.52
Sep 2024 1681.337064978237 0.45 0.89
Oct 2024 1682.962159502006 0.10 0.43
Nov 2024 1677.0462379714832 -0.35 0.49
Dec 2024 1664.4263201291008 -0.75 0.32
Jan 2025 1661.7249980342556 -0.16 -0.04
Feb 2025 1672.7453109503722 0.66 0.55
Mar 2025 1667.0216384372611 -0.34 -0.63
Apr 2025 1674.3064798819719 0.44 0.22
May 2025 1679.4835201579247 0.31 0.64
Jun 2025 1687.2214378876106 0.46 1.48
Jul 2025 1692.7483570012125 0.33 1.73
Aug 2025 1682.58402686249 -0.60 0.53
Sep 2025 1682.041559208661 -0.03 0.04
Oct 2025 1683.3944337737832 0.08 0.03
Nov 2025 1697.143566673494 0.82 1.20
Dec 2025 1718.2717558742347 1.25 3.24
Jan 2026 1725.3889164841482 0.41 3.83
Feb 2026 1725.6530126689702 0.02 3.16