Zip Code: 28403 (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 28403 Zip Code (Wilmington, North Carolina) in February 2026 was $1,640.293. The month over month percentage change (MoM) was -0.11%, and the year over year percentage change (YoY) was -0.75%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28403 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 28403 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: 28403 (Wilmington, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28403 (Wilmington, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 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 1040.8030553638584 Infinity Infinity
Nov 2018 1055.5299467213297 1.42 Infinity
Dec 2018 1058.7214728444528 0.30 Infinity
Jan 2019 1087.8294071674136 2.75 Infinity
Feb 2019 1101.9189411233847 1.30 Infinity
Mar 2019 1102.459220583915 0.05 Infinity
Apr 2019 1092.371161900994 -0.91 Infinity
May 2019 1080.2532058333104 -1.11 Infinity
Jun 2019 1094.905363826593 1.36 Infinity
Jul 2019 1108.3128056664823 1.23 Infinity
Aug 2019 1124.0572905813642 1.42 Infinity
Sep 2019 1131.8532983535742 0.69 Infinity
Oct 2019 1140.6019927573711 0.77 9.59
Nov 2019 1144.1926978451208 0.32 8.40
Dec 2019 1152.9074643297056 0.76 8.90
Jan 2020 1149.6132988902446 -0.29 5.68
Feb 2020 1160.11721812294 0.91 5.28
Mar 2020 1161.703462406104 0.14 5.37
Apr 2020 1172.783576332473 0.95 7.36
May 2020 1166.572244401204 -0.53 7.99
Jun 2020 1170.302974648767 0.32 6.89
Jul 2020 1169.1154571345132 -0.10 5.49
Aug 2020 1161.8515228052597 -0.62 3.36
Sep 2020 1149.364116984132 -1.07 1.55
Oct 2020 1157.95371681498 0.75 1.52
Nov 2020 1174.7471079624218 1.45 2.67
Dec 2020 1203.4374001724486 2.44 4.38
Jan 2021 1221.3222423735979 1.49 6.24
Feb 2021 1229.8206488564842 0.70 6.01
Mar 2021 1243.392703548739 1.10 7.03
Apr 2021 1263.376850842695 1.61 7.73
May 2021 1298.9226383657488 2.81 11.35
Jun 2021 1320.9760896471298 1.70 12.88
Jul 2021 1360.4039270606506 2.99 16.36
Aug 2021 1398.6311339205743 2.81 20.38
Sep 2021 1425.9663218057567 1.95 24.07
Oct 2021 1438.3445394577498 0.87 24.21
Nov 2021 1471.352737075511 2.30 25.25
Dec 2021 1505.1568436636783 2.30 25.07
Jan 2022 1530.2786528698482 1.67 25.30
Feb 2022 1531.8310762678568 0.10 24.56
Mar 2022 1555.413685049011 1.54 25.09
Apr 2022 1561.6131947363886 0.40 23.61
May 2022 1580.470150331503 1.21 21.68
Jun 2022 1577.740984734228 -0.17 19.44
Jul 2022 1583.2165980050552 0.35 16.38
Aug 2022 1584.3473041530417 0.07 13.28
Sep 2022 1599.4296203514439 0.95 12.17
Oct 2022 1605.8161977863758 0.40 11.64
Nov 2022 1590.5162982550023 -0.95 8.10
Dec 2022 1576.4888968034563 -0.88 4.74
Jan 2023 1571.7687936430614 -0.30 2.71
Feb 2023 1599.022240978038 1.73 4.39
Mar 2023 1595.42079402642 -0.22 2.57
Apr 2023 1618.6192849765475 1.45 3.65
May 2023 1604.7810738489916 -0.85 1.54
Jun 2023 1619.1962740200652 0.90 2.63
Jul 2023 1604.8714404977632 -0.88 1.37
Aug 2023 1594.3975818650542 -0.65 0.63
Sep 2023 1606.5341202743364 0.76 0.44
Oct 2023 1607.6862672416962 0.07 0.12
Nov 2023 1622.672811259428 0.93 2.02
Dec 2023 1596.7466501032645 -1.60 1.29
Jan 2024 1603.240719853761 0.41 2.00
Feb 2024 1600.5340616007386 -0.17 0.10
Mar 2024 1620.137084004096 1.23 1.55
Apr 2024 1615.3768760280589 -0.29 -0.20
May 2024 1623.7712972216368 0.52 1.18
Jun 2024 1620.0269057834555 -0.23 0.05
Jul 2024 1623.756675923078 0.23 1.18
Aug 2024 1627.5784603966672 0.24 2.08
Sep 2024 1615.669264057015 -0.73 0.57
Oct 2024 1625.8350316582896 0.63 1.13
Nov 2024 1632.5373356913035 0.41 0.61
Dec 2024 1660.1171988896826 1.69 3.97
Jan 2025 1655.1950944222685 -0.30 3.24
Feb 2025 1652.6288203279182 -0.15 3.26
Mar 2025 1642.0897410125124 -0.64 1.36
Apr 2025 1640.2026883449705 -0.11 1.54
May 2025 1642.1470127826965 0.12 1.13
Jun 2025 1643.9928260789584 0.11 1.48
Jul 2025 1650.9918318493744 0.43 1.68
Aug 2025 1656.36759751814 0.33 1.77
Sep 2025 1659.7748707227972 0.21 2.73
Oct 2025 1653.0101163150841 -0.41 1.67
Nov 2025 1645.2521925005174 -0.47 0.78
Dec 2025 1640.1486127496037 -0.31 -1.20
Jan 2026 1642.0367585722865 0.12 -0.79
Feb 2026 1640.2928571428572 -0.11 -0.75