Zip Code: 28215 (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 28215 Zip Code (Charlotte, North Carolina) in February 2026 was $1,967.115. The month over month percentage change (MoM) was -0.89%, and the year over year percentage change (YoY) was 0.94%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28215 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 28215 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: 28215 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28215 (Charlotte, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1022.047405598152 NaN NaN
Feb 2015 1019.4847965118831 -0.25 NaN
Mar 2015 1020.7405872702973 0.12 NaN
Apr 2015 1026.7505710895277 0.59 NaN
May 2015 1034.3571300073993 0.74 NaN
Jun 2015 1037.210037297498 0.28 NaN
Jul 2015 1042.5107015196127 0.51 NaN
Aug 2015 1046.0369359848441 0.34 NaN
Sep 2015 1053.6812557917394 0.73 NaN
Oct 2015 1054.3673299317081 0.07 NaN
Nov 2015 1053.7746997884676 -0.06 NaN
Dec 2015 1055.9166418611087 0.20 NaN
Jan 2016 1060.796566679585 0.46 3.79
Feb 2016 1069.253871345981 0.80 4.88
Mar 2016 1071.682971743358 0.23 4.99
Apr 2016 1074.8242010044257 0.29 4.68
May 2016 1084.309593050443 0.88 4.83
Jun 2016 1096.747356499646 1.15 5.74
Jul 2016 1102.8819240839603 0.56 5.79
Aug 2016 1112.556684443196 0.88 6.36
Sep 2016 1110.9606500188208 -0.14 5.44
Oct 2016 1113.7800976885949 0.25 5.64
Nov 2016 1111.0556634660734 -0.24 5.44
Dec 2016 1117.0130490879833 0.54 5.79
Jan 2017 1122.3401813180046 0.48 5.80
Feb 2017 1132.14576402596 0.87 5.88
Mar 2017 1145.953081329221 1.22 6.93
Apr 2017 1151.2444653886746 0.46 7.11
May 2017 1150.991945564609 -0.02 6.15
Jun 2017 1150.0495946188817 -0.08 4.86
Jul 2017 1158.150632424681 0.70 5.01
Aug 2017 1161.0126641956451 0.25 4.36
Sep 2017 1176.9412456118882 1.37 5.94
Oct 2017 1184.757207796621 0.66 6.37
Nov 2017 1199.947355192965 1.28 8.00
Dec 2017 1197.7846597775679 -0.18 7.23
Jan 2018 1202.3764059992445 0.38 7.13
Feb 2018 1207.9456655540002 0.46 6.70
Mar 2018 1222.052607381734 1.17 6.64
Apr 2018 1227.527554010617 0.45 6.63
May 2018 1232.5769097295506 0.41 7.09
Jun 2018 1233.1978554240586 0.05 7.23
Jul 2018 1239.2565225134724 0.49 7.00
Aug 2018 1244.7658505800712 0.45 7.21
Sep 2018 1250.525517319805 0.46 6.25
Oct 2018 1254.9270838758277 0.35 5.92
Nov 2018 1252.837485517247 -0.17 4.41
Dec 2018 1272.5867651232763 1.58 6.25
Jan 2019 1286.165501449095 1.07 6.97
Feb 2019 1285.6199019960143 -0.04 6.43
Mar 2019 1281.448760125674 -0.32 4.86
Apr 2019 1287.9867608863028 0.51 4.93
May 2019 1295.9441242378498 0.62 5.14
Jun 2019 1306.8950471140408 0.85 5.98
Jul 2019 1309.862456005049 0.23 5.70
Aug 2019 1314.8866667423272 0.38 5.63
Sep 2019 1314.8324323822649 0.00 5.14
Oct 2019 1318.883383888751 0.31 5.10
Nov 2019 1325.0386702579847 0.47 5.76
Dec 2019 1320.279270346397 -0.36 3.75
Jan 2020 1316.6611205882537 -0.27 2.37
Feb 2020 1321.8537699351325 0.39 2.82
Mar 2020 1359.5770718783947 2.85 6.10
Apr 2020 1360.718074364865 0.08 5.65
May 2020 1364.6805459835869 0.29 5.30
Jun 2020 1375.876525084665 0.82 5.28
Jul 2020 1402.5929690307871 1.94 7.08
Aug 2020 1421.413405888377 1.34 8.10
Sep 2020 1438.7473602936334 1.22 9.42
Oct 2020 1445.7383629907354 0.49 9.62
Nov 2020 1467.5519533820582 1.51 10.76
Dec 2020 1480.2694652385135 0.87 12.12
Jan 2021 1495.1088498431782 1.00 13.55
Feb 2021 1499.7512291523394 0.31 13.46
Mar 2021 1506.4332915624043 0.45 10.80
Apr 2021 1536.9995671737508 2.03 12.96
May 2021 1560.9045177364692 1.56 14.38
Jun 2021 1571.040544094437 0.65 14.19
Jul 2021 1581.1584880244313 0.64 12.73
Aug 2021 1594.5705956558602 0.85 12.18
Sep 2021 1624.8201903132451 1.90 12.93
Oct 2021 1637.489305261519 0.78 13.26
Nov 2021 1643.7867794642762 0.39 12.01
Dec 2021 1659.8170459019086 0.98 12.13
Jan 2022 1674.0970070352384 0.86 11.97
Feb 2022 1687.6979595679431 0.81 12.53
Mar 2022 1700.1934230432714 0.74 12.86
Apr 2022 1705.9699729488284 0.34 10.99
May 2022 1723.3267762803541 1.02 10.41
Jun 2022 1746.7229189915988 1.36 11.18
Jul 2022 1763.8036648131797 0.98 11.55
Aug 2022 1779.7145943647504 0.90 11.61
Sep 2022 1777.916232734414 -0.10 9.42
Oct 2022 1799.3219541315134 1.20 9.88
Nov 2022 1817.5867083122077 1.01 10.57
Dec 2022 1828.1666449811016 0.58 10.14
Jan 2023 1835.3471491385062 0.39 9.63
Feb 2023 1844.2497317241323 0.49 9.28
Mar 2023 1855.9753023064955 0.64 9.16
Apr 2023 1856.287485347061 0.02 8.81
May 2023 1847.6308598040587 -0.47 7.21
Jun 2023 1843.3335792671442 -0.23 5.53
Jul 2023 1842.7133560993095 -0.03 4.47
Aug 2023 1850.5906703032538 0.43 3.98
Sep 2023 1848.7284112558211 -0.10 3.98
Oct 2023 1862.167525172979 0.73 3.49
Nov 2023 1859.5013422900631 -0.14 2.31
Dec 2023 1877.1012620948513 0.95 2.68
Jan 2024 1887.469100570155 0.55 2.84
Feb 2024 1896.3792530510643 0.47 2.83
Mar 2024 1902.0935239264436 0.30 2.49
Apr 2024 1903.507292828469 0.07 2.54
May 2024 1911.8986373386426 0.44 3.48
Jun 2024 1916.2557090065523 0.23 3.96
Jul 2024 1920.4008992569052 0.22 4.22
Aug 2024 1927.8809458847034 0.39 4.18
Sep 2024 1925.1691692441727 -0.14 4.14
Oct 2024 1921.5494112674137 -0.19 3.19
Nov 2024 1914.4576257175188 -0.37 2.96
Dec 2024 1926.6612943857883 0.64 2.64
Jan 2025 1929.7743218611577 0.16 2.24
Feb 2025 1948.7996709973388 0.99 2.76
Mar 2025 1952.5796687570141 0.19 2.65
Apr 2025 1964.718629393314 0.62 3.22
May 2025 1972.3755113732716 0.39 3.16
Jun 2025 1978.9696055562947 0.33 3.27
Jul 2025 1984.2195814285785 0.27 3.32
Aug 2025 1981.5800605081638 -0.13 2.79
Sep 2025 1993.7075003320801 0.61 3.56
Oct 2025 1993.4314484219615 -0.01 3.74
Nov 2025 2003.7298601107977 0.52 4.66
Dec 2025 1989.0439526128835 -0.73 3.24
Jan 2026 1984.7045564488517 -0.22 2.85
Feb 2026 1967.1145299145298 -0.89 0.94