Zip Code: 28214 (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 28214 Zip Code (Charlotte, North Carolina) in February 2026 was $1,985.088. The month over month percentage change (MoM) was 0.03%, and the year over year percentage change (YoY) was 3.19%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28214 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 28214 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: 28214 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28214 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1051.8872587608646 NaN NaN
Feb 2015 1057.5943492349916 0.54 NaN
Mar 2015 1063.7995120797266 0.59 NaN
Apr 2015 1067.8346316937157 0.38 NaN
May 2015 1066.3935158535899 -0.13 NaN
Jun 2015 1081.0322273693846 1.37 NaN
Jul 2015 1086.2685648516822 0.48 NaN
Aug 2015 1094.8534529255328 0.79 NaN
Sep 2015 1081.5853860045963 -1.21 NaN
Oct 2015 1082.1101515581945 0.05 NaN
Nov 2015 1086.663379223565 0.42 NaN
Dec 2015 1102.8282037617712 1.49 NaN
Jan 2016 1102.6783966974542 -0.01 4.83
Feb 2016 1107.1901381699186 0.41 4.69
Mar 2016 1100.6728008193563 -0.59 3.47
Apr 2016 1108.932234502034 0.75 3.85
May 2016 1118.1246798744448 0.83 4.85
Jun 2016 1122.093948058389 0.36 3.80
Jul 2016 1118.3834009602094 -0.33 2.96
Aug 2016 1122.9759332388517 0.41 2.57
Sep 2016 1135.3933690774759 1.11 4.97
Oct 2016 1145.5734062741626 0.90 5.87
Nov 2016 1143.5263270257283 -0.18 5.23
Dec 2016 1135.9802546190983 -0.66 3.01
Jan 2017 1143.4219568576677 0.66 3.70
Feb 2017 1149.2531497462105 0.51 3.80
Mar 2017 1158.2689544278094 0.78 5.23
Apr 2017 1166.2053108486366 0.69 5.17
May 2017 1173.0641252331004 0.59 4.91
Jun 2017 1179.189123407435 0.52 5.09
Jul 2017 1184.9322634881175 0.49 5.95
Aug 2017 1184.6121798092684 -0.03 5.49
Sep 2017 1190.1991391319348 0.47 4.83
Oct 2017 1190.1277011452564 -0.01 3.89
Nov 2017 1204.7828884117494 1.23 5.36
Dec 2017 1211.7999384827533 0.58 6.67
Jan 2018 1217.4479499281322 0.47 6.47
Feb 2018 1212.9527316419637 -0.37 5.54
Mar 2018 1224.131244540708 0.92 5.69
Apr 2018 1221.4828735724202 -0.22 4.74
May 2018 1227.3482747963621 0.48 4.63
Jun 2018 1227.405921454815 0.01 4.09
Jul 2018 1243.602905899348 1.32 4.95
Aug 2018 1247.637799446628 0.32 5.32
Sep 2018 1254.9646862095021 0.59 5.44
Oct 2018 1257.6189505955274 0.21 5.67
Nov 2018 1262.9902793978672 0.43 4.83
Dec 2018 1281.0951403113338 1.43 5.72
Jan 2019 1287.392485247554 0.49 5.75
Feb 2019 1297.6592640120512 0.80 6.98
Mar 2019 1299.3263908927279 0.13 6.14
Apr 2019 1308.8550231657985 0.73 7.15
May 2019 1311.6816205702391 0.22 6.87
Jun 2019 1319.694838974218 0.61 7.52
Jul 2019 1316.5208316509859 -0.24 5.86
Aug 2019 1323.6734411068685 0.54 6.09
Sep 2019 1323.5568312148607 -0.01 5.47
Oct 2019 1329.4077969498123 0.44 5.71
Nov 2019 1327.3413262113622 -0.15 5.10
Dec 2019 1319.1680406240368 -0.62 2.97
Jan 2020 1317.4142309844565 -0.13 2.33
Feb 2020 1316.946699045231 -0.04 1.49
Mar 2020 1356.0531732579607 2.97 4.37
Apr 2020 1361.1845604772377 0.38 4.00
May 2020 1373.8198772491314 0.93 4.74
Jun 2020 1381.777235632761 0.58 4.70
Jul 2020 1397.8715993653339 1.17 6.18
Aug 2020 1410.9557823714972 0.94 6.59
Sep 2020 1424.8332120690516 0.98 7.65
Oct 2020 1439.2019566301256 1.01 8.26
Nov 2020 1456.9854839582044 1.24 9.77
Dec 2020 1473.8710830665348 1.16 11.73
Jan 2021 1477.7893492465096 0.27 12.17
Feb 2021 1489.0180078429803 0.76 13.07
Mar 2021 1491.5884545454098 0.17 9.99
Apr 2021 1515.1736877316323 1.58 11.31
May 2021 1527.326530161705 0.80 11.17
Jun 2021 1547.0965830657244 1.29 11.96
Jul 2021 1560.5511797073116 0.87 11.64
Aug 2021 1584.0862990377123 1.51 12.27
Sep 2021 1607.6538232775865 1.49 12.83
Oct 2021 1626.2598984968488 1.16 13.00
Nov 2021 1634.611227335608 0.51 12.19
Dec 2021 1643.9896848532837 0.57 11.54
Jan 2022 1656.9803383979702 0.79 12.13
Feb 2022 1670.941183434154 0.84 12.22
Mar 2022 1682.0242102541315 0.66 12.77
Apr 2022 1694.2763511746953 0.73 11.82
May 2022 1709.0307158713958 0.87 11.90
Jun 2022 1720.1408514300742 0.65 11.19
Jul 2022 1736.5394462898787 0.95 11.28
Aug 2022 1743.6803125932952 0.41 10.07
Sep 2022 1747.377777703169 0.21 8.69
Oct 2022 1764.1989234382975 0.96 8.48
Nov 2022 1788.9653201541698 1.40 9.44
Dec 2022 1805.7978201058243 0.94 9.84
Jan 2023 1806.9538085956867 0.06 9.05
Feb 2023 1808.3399441450308 0.08 8.22
Mar 2023 1813.4810950162978 0.28 7.82
Apr 2023 1812.7553660233623 -0.04 6.99
May 2023 1811.5755829269528 -0.06 6.00
Jun 2023 1818.5684748287747 0.39 5.72
Jul 2023 1823.7970222201798 0.29 5.03
Aug 2023 1825.4906737536755 0.09 4.69
Sep 2023 1832.7361800382257 0.40 4.89
Oct 2023 1827.432707232924 -0.29 3.58
Nov 2023 1821.5254602849582 -0.32 1.82
Dec 2023 1814.3909093218124 -0.39 0.48
Jan 2024 1836.7788876660245 1.23 1.65
Feb 2024 1841.102493670245 0.24 1.81
Mar 2024 1861.7956179064954 1.12 2.66
Apr 2024 1866.323261897643 0.24 2.96
May 2024 1878.4147717926833 0.65 3.69
Jun 2024 1884.4363252647581 0.32 3.62
Jul 2024 1880.0990437574987 -0.23 3.09
Aug 2024 1883.9472746655726 0.21 3.20
Sep 2024 1882.4791689519088 -0.08 2.71
Oct 2024 1900.4339089789396 0.95 4.00
Nov 2024 1906.9202441668492 0.34 4.69
Dec 2024 1912.7024220121632 0.30 5.42
Jan 2025 1910.6924971414296 -0.10 4.02
Feb 2025 1923.6773401424423 0.68 4.49
Mar 2025 1918.836275869433 -0.25 3.06
Apr 2025 1928.1749420460676 0.49 3.31
May 2025 1931.4972859453576 0.17 2.83
Jun 2025 1935.7380750026769 0.22 2.72
Jul 2025 1947.7241049961854 0.62 3.60
Aug 2025 1956.502159413973 0.45 3.85
Sep 2025 1967.1028430610718 0.54 4.50
Oct 2025 1965.8459395034367 -0.06 3.44
Nov 2025 1972.301967701128 0.33 3.43
Dec 2025 1981.405922074888 0.46 3.59
Jan 2026 1984.5540222280256 0.16 3.87
Feb 2026 1985.0884502923975 0.03 3.19