Zip Code: 28206 (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 28206 Zip Code (Charlotte, North Carolina) in February 2026 was $1,574.036. The month over month percentage change (MoM) was -0.71%, and the year over year percentage change (YoY) was -0.80%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28206 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 28206 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: 28206 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28206 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 1101.9868996772254 Infinity Infinity
Jan 2019 1108.7336499358648 0.61 Infinity
Feb 2019 1091.5550090557226 -1.55 Infinity
Mar 2019 1083.3403777433305 -0.75 Infinity
Apr 2019 1078.3419792032892 -0.46 Infinity
May 2019 1116.8609874464144 3.57 Infinity
Jun 2019 1124.9198309052035 0.72 Infinity
Jul 2019 1140.1190944152468 1.35 Infinity
Aug 2019 1153.1672656422536 1.14 Infinity
Sep 2019 1179.4034936492867 2.28 Infinity
Oct 2019 1200.5470009382727 1.79 Infinity
Nov 2019 1195.3194613953865 -0.43 Infinity
Dec 2019 1203.6782540490562 0.70 9.23
Jan 2020 1220.890983026166 1.43 10.12
Feb 2020 1248.321489416846 2.25 14.36
Mar 2020 1210.4633452259848 -3.03 11.73
Apr 2020 1207.2071058298454 -0.27 11.95
May 2020 1200.9239820695586 -0.52 7.53
Jun 2020 1202.4774252784246 0.13 6.89
Jul 2020 1197.7842615373586 -0.39 5.06
Aug 2020 1193.0180311150862 -0.40 3.46
Sep 2020 1191.4317933733723 -0.13 1.02
Oct 2020 1195.1470072504615 0.31 -0.45
Nov 2020 1199.5534006163502 0.37 0.35
Dec 2020 1201.7967518074977 0.19 -0.16
Jan 2021 1209.7532788266567 0.66 -0.91
Feb 2021 1225.7663497462986 1.32 -1.81
Mar 2021 1239.4453374041796 1.12 2.39
Apr 2021 1252.5454491873181 1.06 3.76
May 2021 1262.957934417177 0.83 5.17
Jun 2021 1277.0832787371114 1.12 6.20
Jul 2021 1291.2215207350398 1.11 7.80
Aug 2021 1325.1785856050153 2.63 11.08
Sep 2021 1364.4538234960376 2.96 14.52
Oct 2021 1396.341472242225 2.34 16.83
Nov 2021 1425.525690286785 2.09 18.84
Dec 2021 1439.8643721240253 1.01 19.81
Jan 2022 1454.1143573627846 0.99 20.20
Feb 2022 1463.693863489539 0.66 19.41
Mar 2022 1483.0274252862314 1.32 19.65
Apr 2022 1503.9435265852328 1.41 20.07
May 2022 1521.4516887299185 1.16 20.47
Jun 2022 1534.9999341237237 0.89 20.20
Jul 2022 1562.984936513299 1.82 21.05
Aug 2022 1554.3859749448213 -0.55 17.30
Sep 2022 1551.0739719383437 -0.21 13.68
Oct 2022 1543.4574711968519 -0.49 10.54
Nov 2022 1559.539691718711 1.04 9.40
Dec 2022 1578.572765503907 1.22 9.63
Jan 2023 1583.85555774381 0.34 8.92
Feb 2023 1580.3862629638224 -0.22 7.97
Mar 2023 1574.9171060770254 -0.35 6.20
Apr 2023 1565.9612121727403 -0.57 4.12
May 2023 1570.1362460413204 0.27 3.20
Jun 2023 1574.7544105328043 0.29 2.59
Jul 2023 1569.5446564948154 -0.33 0.42
Aug 2023 1585.2906062533423 1.00 1.99
Sep 2023 1576.9916785071644 -0.52 1.67
Oct 2023 1584.8683577294828 0.50 2.68
Nov 2023 1560.0175035036575 -1.57 0.03
Dec 2023 1549.8201954665712 -0.65 -1.82
Jan 2024 1541.3600800957363 -0.55 -2.68
Feb 2024 1544.28216792649 0.19 -2.28
Mar 2024 1537.4688020884341 -0.44 -2.38
Apr 2024 1535.6530415448149 -0.12 -1.93
May 2024 1545.8764397245975 0.67 -1.54
Jun 2024 1559.0755132918491 0.85 -1.00
Jul 2024 1568.3084817830832 0.59 -0.08
Aug 2024 1571.2810971276492 0.19 -0.88
Sep 2024 1570.3125103784237 -0.06 -0.42
Oct 2024 1575.346580873683 0.32 -0.60
Nov 2024 1576.7163645089288 0.09 1.07
Dec 2024 1576.1553061845848 -0.04 1.70
Jan 2025 1573.5773291377966 -0.16 2.09
Feb 2025 1586.7142843411125 0.84 2.75
Mar 2025 1595.2593736466793 0.54 3.76
Apr 2025 1601.000788163816 0.36 4.26
May 2025 1591.434032212471 -0.60 2.95
Jun 2025 1579.930930492952 -0.72 1.34
Jul 2025 1573.0458841187383 -0.44 0.30
Aug 2025 1567.3130650090197 -0.36 -0.25
Sep 2025 1574.1562037418132 0.44 0.25
Oct 2025 1569.7141510702766 -0.28 -0.36
Nov 2025 1578.0889084592436 0.53 0.09
Dec 2025 1580.416364453785 0.15 0.27
Jan 2026 1585.3181637714265 0.31 0.75
Feb 2026 1574.0361580154265 -0.71 -0.80