Zip Code: 28211 (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 28211 Zip Code (Charlotte, North Carolina) in February 2026 was $1,913.16. The month over month percentage change (MoM) was 0.73%, and the year over year percentage change (YoY) was 1.13%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28211 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 28211 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: 28211 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28211 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 1325.740803572221 Infinity Infinity
Jan 2018 1335.9541785959261 0.77 Infinity
Feb 2018 1319.232948922947 -1.25 Infinity
Mar 2018 1353.028844768556 2.56 Infinity
Apr 2018 1374.9134839978403 1.62 Infinity
May 2018 1371.6887850560236 -0.23 Infinity
Jun 2018 1353.2728104528765 -1.34 Infinity
Jul 2018 1372.0286703955132 1.39 Infinity
Aug 2018 1367.3191651313061 -0.34 Infinity
Sep 2018 1353.5315625230874 -1.01 Infinity
Oct 2018 1366.663804107225 0.97 Infinity
Nov 2018 1392.0133521208963 1.86 Infinity
Dec 2018 1437.8610037269948 3.29 8.46
Jan 2019 1479.4023704733322 2.89 10.74
Feb 2019 1481.7565801638373 0.16 12.32
Mar 2019 1464.3631880999974 -1.17 8.23
Apr 2019 1449.044175509146 -1.05 5.39
May 2019 1467.910613874717 1.30 7.02
Jun 2019 1495.67377723454 1.89 10.52
Jul 2019 1500.5798307364307 0.33 9.37
Aug 2019 1508.8703448283168 0.55 10.35
Sep 2019 1509.4238090086712 0.04 11.52
Oct 2019 1504.2766114320775 -0.34 10.07
Nov 2019 1484.5496544289472 -1.31 6.65
Dec 2019 1473.1187604112454 -0.77 2.45
Jan 2020 1444.0811247332324 -1.97 -2.39
Feb 2020 1448.0706519665584 0.28 -2.27
Mar 2020 1454.5446053988978 0.45 -0.67
Apr 2020 1459.9845339192411 0.37 0.76
May 2020 1446.1189929541915 -0.95 -1.48
Jun 2020 1443.8800672085858 -0.15 -3.46
Jul 2020 1435.7421344743839 -0.56 -4.32
Aug 2020 1431.0301847881967 -0.33 -5.16
Sep 2020 1400.0864852830189 -2.16 -7.24
Oct 2020 1421.7178225488228 1.55 -5.49
Nov 2020 1436.5593587990086 1.04 -3.23
Dec 2020 1458.079472179455 1.50 -1.02
Jan 2021 1481.1807436096472 1.58 2.57
Feb 2021 1523.117474336902 2.83 5.18
Mar 2021 1539.9693261612042 1.11 5.87
Apr 2021 1558.2669772944005 1.19 6.73
May 2021 1546.9278215217141 -0.73 6.97
Jun 2021 1542.7667434466953 -0.27 6.85
Jul 2021 1539.902312061991 -0.19 7.26
Aug 2021 1576.218646560177 2.36 10.15
Sep 2021 1619.4093187310928 2.74 15.67
Oct 2021 1627.0102226124518 0.47 14.44
Nov 2021 1623.120751379661 -0.24 12.99
Dec 2021 1644.3935467764877 1.31 12.78
Jan 2022 1656.106551271034 0.71 11.81
Feb 2022 1654.1307390307768 -0.12 8.60
Mar 2022 1647.0880799376528 -0.43 6.96
Apr 2022 1656.7114979080602 0.58 6.32
May 2022 1689.290536695713 1.97 9.20
Jun 2022 1723.7563725131613 2.04 11.73
Jul 2022 1757.8595342171088 1.98 14.15
Aug 2022 1762.814000198532 0.28 11.84
Sep 2022 1765.621311283834 0.16 9.03
Oct 2022 1764.4566287136163 -0.07 8.45
Nov 2022 1771.1084088929313 0.38 9.12
Dec 2022 1756.45443581637 -0.83 6.82
Jan 2023 1763.3308711113132 0.39 6.47
Feb 2023 1771.264864498443 0.45 7.08
Mar 2023 1815.4700071368097 2.50 10.22
Apr 2023 1813.4485278160853 -0.11 9.46
May 2023 1832.269583196039 1.04 8.46
Jun 2023 1812.6435714836173 -1.07 5.16
Jul 2023 1838.2199163374376 1.41 4.57
Aug 2023 1838.595071845571 0.02 4.30
Sep 2023 1841.7332568982854 0.17 4.31
Oct 2023 1843.691438627397 0.11 4.49
Nov 2023 1844.4006852953128 0.04 4.14
Dec 2023 1846.8399196954263 0.13 5.15
Jan 2024 1837.5577339198746 -0.50 4.21
Feb 2024 1850.0619906601282 0.68 4.45
Mar 2024 1838.3949620699366 -0.63 1.26
Apr 2024 1870.7210178929247 1.76 3.16
May 2024 1875.4962737108317 0.26 2.36
Jun 2024 1915.3950791524035 2.13 5.67
Jul 2024 1882.194678276414 -1.73 2.39
Aug 2024 1867.9648100436523 -0.76 1.60
Sep 2024 1875.678624896453 0.41 1.84
Oct 2024 1858.5416027386273 -0.91 0.81
Nov 2024 1882.5867913567652 1.29 2.07
Dec 2024 1879.1853418310275 -0.18 1.75
Jan 2025 1905.8457516054084 1.42 3.72
Feb 2025 1891.7751407140154 -0.74 2.26
Mar 2025 1889.154180158298 -0.14 2.76
Apr 2025 1872.2435571576657 -0.89 0.08
May 2025 1862.6051477796316 -0.51 -0.69
Jun 2025 1845.0259208736375 -0.94 -3.67
Jul 2025 1860.245181759445 0.83 -1.17
Aug 2025 1878.946520130262 1.00 0.59
Sep 2025 1880.1482151052203 0.06 0.24
Oct 2025 1902.5395876826085 1.19 2.37
Nov 2025 1892.7898924059548 -0.51 0.54
Dec 2025 1906.6113565701316 0.73 1.46
Jan 2026 1899.3871915283391 -0.38 -0.34
Feb 2026 1913.1596941070627 0.73 1.13