Zip Code: 28401 (Wilmington, 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 28401 Zip Code (Wilmington, North Carolina) in February 2026 was $1,698.087. The month over month percentage change (MoM) was -0.70%, and the year over year percentage change (YoY) was -1.39%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28401 zip code (Wilmington, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 28401 zip code (Wilmington, 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: 28401 (Wilmington, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28401 (Wilmington, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 836.2042720523465 Infinity NaN
Oct 2015 834.9119276866277 -0.15 NaN
Nov 2015 834.9050104032151 0.00 NaN
Dec 2015 823.6298323273605 -1.35 NaN
Jan 2016 824.8347503903241 0.15 Infinity
Feb 2016 826.4444774986405 0.20 Infinity
Mar 2016 833.1695415949166 0.81 Infinity
Apr 2016 833.0190197872117 -0.02 Infinity
May 2016 838.3584753530147 0.64 Infinity
Jun 2016 849.1437130926577 1.29 Infinity
Jul 2016 860.4780692455138 1.34 Infinity
Aug 2016 864.3664548001719 0.45 Infinity
Sep 2016 858.7354969556856 -0.65 2.69
Oct 2016 857.6402483659401 -0.13 2.72
Nov 2016 855.752411052994 -0.22 2.50
Dec 2016 848.5264791067025 -0.84 3.02
Jan 2017 850.3606726517629 0.22 3.10
Feb 2017 865.5123770847171 1.78 4.73
Mar 2017 890.5412881338403 2.89 6.89
Apr 2017 912.734839141601 2.49 9.57
May 2017 911.8996950678963 -0.09 8.77
Jun 2017 906.8618905157547 -0.55 6.80
Jul 2017 893.017249306045 -1.53 3.78
Aug 2017 902.267739241735 1.04 4.39
Sep 2017 902.937829918934 0.07 5.15
Oct 2017 924.2743792484355 2.36 7.77
Nov 2017 937.5312682057466 1.43 9.56
Dec 2017 973.4912791718417 3.84 14.73
Jan 2018 976.808661710924 0.34 14.87
Feb 2018 976.1961045423293 -0.06 12.79
Mar 2018 972.961380137528 -0.33 9.26
Apr 2018 968.0385268658212 -0.51 6.06
May 2018 988.7344475102439 2.14 8.43
Jun 2018 995.2559916068021 0.66 9.75
Jul 2018 1022.7965302539418 2.77 14.53
Aug 2018 1006.5055793120746 -1.59 11.55
Sep 2018 1030.072756712344 2.34 14.08
Oct 2018 1042.4585206768238 1.20 12.79
Nov 2018 1077.5498435937702 3.37 14.94
Dec 2018 1078.5235245447027 0.09 10.79
Jan 2019 1079.128703643551 0.06 10.48
Feb 2019 1074.1382237731368 -0.46 10.03
Mar 2019 1080.3413449718466 0.58 11.04
Apr 2019 1091.1976794622758 1.00 12.72
May 2019 1092.2578387983206 0.10 10.47
Jun 2019 1106.5195724901819 1.31 11.18
Jul 2019 1107.9255735958686 0.13 8.32
Aug 2019 1133.3648074450898 2.30 12.60
Sep 2019 1132.7559449848636 -0.05 9.97
Oct 2019 1129.0165548943362 -0.33 8.30
Nov 2019 1111.9483485313692 -1.51 3.19
Dec 2019 1111.5303376865315 -0.04 3.06
Jan 2020 1126.4815102354048 1.35 4.39
Feb 2020 1144.4277672913277 1.59 6.54
Mar 2020 1170.2149185761698 2.25 8.32
Apr 2020 1182.3945667759626 1.04 8.36
May 2020 1211.3788940392312 2.45 10.91
Jun 2020 1213.031639219633 0.14 9.63
Jul 2020 1207.1027766808395 -0.49 8.95
Aug 2020 1204.3806607795514 -0.23 6.27
Sep 2020 1206.5023879367866 0.18 6.51
Oct 2020 1224.6232063560694 1.50 8.47
Nov 2020 1216.6984772313049 -0.65 9.42
Dec 2020 1238.898569180413 1.83 11.46
Jan 2021 1258.7304385044636 1.60 11.74
Feb 2021 1304.6673183435641 3.65 14.00
Mar 2021 1325.8258771878218 1.62 13.30
Apr 2021 1322.050913789402 -0.28 11.81
May 2021 1319.97152949149 -0.16 8.96
Jun 2021 1341.0155873865704 1.59 10.55
Jul 2021 1391.0221877571641 3.73 15.24
Aug 2021 1409.8772312734563 1.36 17.06
Sep 2021 1439.1986361943605 2.08 19.29
Oct 2021 1460.0969004446629 1.45 19.23
Nov 2021 1508.6522211297925 3.33 24.00
Dec 2021 1502.528936253575 -0.41 21.28
Jan 2022 1490.6750786169728 -0.79 18.43
Feb 2022 1485.4341041795396 -0.35 13.86
Mar 2022 1529.451508892531 2.96 15.36
Apr 2022 1574.9038121836545 2.97 19.13
May 2022 1603.639217721903 1.83 21.49
Jun 2022 1619.478690853031 0.99 20.77
Jul 2022 1616.344218956777 -0.19 16.20
Aug 2022 1620.8851850155265 0.28 14.97
Sep 2022 1629.1441828687007 0.51 13.20
Oct 2022 1628.4229872992948 -0.04 11.53
Nov 2022 1628.5555734089717 0.01 7.95
Dec 2022 1646.5932176618683 1.11 9.59
Jan 2023 1675.067715281366 1.73 12.37
Feb 2023 1680.6800234504565 0.34 13.14
Mar 2023 1652.1628259442884 -1.70 8.02
Apr 2023 1639.3862777158063 -0.77 4.09
May 2023 1633.7849586651664 -0.34 1.88
Jun 2023 1645.435836857628 0.71 1.60
Jul 2023 1642.503277787167 -0.18 1.62
Aug 2023 1674.8295426040268 1.97 3.33
Sep 2023 1685.5691976130834 0.64 3.46
Oct 2023 1690.8517920799186 0.31 3.83
Nov 2023 1684.047050330784 -0.40 3.41
Dec 2023 1670.0277925867401 -0.83 1.42
Jan 2024 1668.4974428980179 -0.09 -0.39
Feb 2024 1654.955408969267 -0.81 -1.53
Mar 2024 1652.0927882598305 -0.17 0.00
Apr 2024 1660.2681641664713 0.50 1.27
May 2024 1667.4947947919827 0.44 2.06
Jun 2024 1666.889010091216 -0.04 1.30
Jul 2024 1676.7038266704908 0.59 2.08
Aug 2024 1679.0567983968565 0.14 0.25
Sep 2024 1696.9772488717467 1.07 0.68
Oct 2024 1692.3760388109613 -0.27 0.09
Nov 2024 1695.4484430400123 0.18 0.68
Dec 2024 1698.5003524259205 0.18 1.71
Jan 2025 1700.3129267117754 0.11 1.91
Feb 2025 1721.9931829538143 1.27 4.05
Mar 2025 1738.2115490290475 0.94 5.21
Apr 2025 1737.9337827320087 -0.02 4.68
May 2025 1737.659272078737 -0.02 4.21
Jun 2025 1735.8330806364088 -0.10 4.14
Jul 2025 1735.200917342887 -0.04 3.49
Aug 2025 1721.8125206298018 -0.77 2.55
Sep 2025 1705.4909702586983 -0.95 0.50
Oct 2025 1710.2527023618586 0.28 1.06
Nov 2025 1712.7844594850824 0.15 1.02
Dec 2025 1715.5696763901801 0.16 1.00
Jan 2026 1710.0359949612987 -0.32 0.57
Feb 2026 1698.0873015873015 -0.70 -1.39