Zip Code: 28405 (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 28405 Zip Code (Wilmington, North Carolina) in February 2026 was $1,705.026. The month over month percentage change (MoM) was 1.27%, and the year over year percentage change (YoY) was 5.08%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28405 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 28405 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: 28405 (Wilmington, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28405 (Wilmington, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 1126.8060435674672 Infinity Infinity
Sep 2019 1119.4357912679818 -0.65 Infinity
Oct 2019 1136.099069416639 1.49 Infinity
Nov 2019 1120.4016423058792 -1.38 Infinity
Dec 2019 1132.4961077899886 1.08 Infinity
Jan 2020 1141.4194709077544 0.79 Infinity
Feb 2020 1159.91217404183 1.62 Infinity
Mar 2020 1161.346844644806 0.12 Infinity
Apr 2020 1162.2283133413828 0.08 Infinity
May 2020 1170.4900936692823 0.71 Infinity
Jun 2020 1178.8411612249608 0.71 Infinity
Jul 2020 1195.350205626414 1.40 Infinity
Aug 2020 1198.8140190264883 0.29 6.39
Sep 2020 1208.6646463912996 0.82 7.97
Oct 2020 1200.0020969506754 -0.72 5.63
Nov 2020 1194.2943461929417 -0.48 6.60
Dec 2020 1192.3544703978096 -0.16 5.29
Jan 2021 1213.3477977180758 1.76 6.30
Feb 2021 1240.023169948911 2.20 6.91
Mar 2021 1259.5133898917898 1.57 8.45
Apr 2021 1268.3389539255174 0.70 9.13
May 2021 1277.38224468046 0.71 9.13
Jun 2021 1294.1613660983517 1.31 9.78
Jul 2021 1305.1800706425952 0.85 9.19
Aug 2021 1338.9084705575463 2.58 11.69
Sep 2021 1376.8106562095506 2.83 13.91
Oct 2021 1414.0975602690016 2.71 17.84
Nov 2021 1431.6850089327636 1.24 19.88
Dec 2021 1454.2447017370716 1.58 21.96
Jan 2022 1485.1226251124274 2.12 22.40
Feb 2022 1508.6695311673807 1.59 21.67
Mar 2022 1532.2471686248684 1.56 21.65
Apr 2022 1552.699395677429 1.34 22.42
May 2022 1580.743504800001 1.81 23.75
Jun 2022 1599.8146936249873 1.21 23.62
Jul 2022 1632.3808067492866 2.04 25.07
Aug 2022 1645.5350366018006 0.81 22.90
Sep 2022 1653.166760553974 0.46 20.07
Oct 2022 1637.2110540746494 -0.96 15.78
Nov 2022 1645.6350147026787 0.52 14.94
Dec 2022 1649.4435557830864 0.23 13.42
Jan 2023 1647.588557849549 -0.11 10.94
Feb 2023 1633.9608965865464 -0.83 8.31
Mar 2023 1624.094829373315 -0.60 5.99
Apr 2023 1624.0575599890913 0.00 4.60
May 2023 1619.9965487488078 -0.25 2.48
Jun 2023 1615.25992792314 -0.29 0.97
Jul 2023 1611.6275894850653 -0.22 -1.27
Aug 2023 1619.6098319605662 0.50 -1.57
Sep 2023 1628.4309300500959 0.55 -1.50
Oct 2023 1624.93019319637 -0.21 -0.75
Nov 2023 1628.7969678169727 0.24 -1.02
Dec 2023 1629.757709741826 0.06 -1.19
Jan 2024 1631.1697531981902 0.09 -1.00
Feb 2024 1622.1743717990566 -0.55 -0.72
Mar 2024 1613.7816588694186 -0.52 -0.63
Apr 2024 1621.3313318808014 0.47 -0.17
May 2024 1617.613730879174 -0.23 -0.15
Jun 2024 1616.085131134773 -0.09 0.05
Jul 2024 1613.233201918537 -0.18 0.10
Aug 2024 1613.9980282692293 0.05 -0.35
Sep 2024 1609.6969429255175 -0.27 -1.15
Oct 2024 1613.4075358850823 0.23 -0.71
Nov 2024 1627.5699885714992 0.88 -0.07
Dec 2024 1630.1103115738815 0.16 0.02
Jan 2025 1625.2691104839935 -0.30 -0.36
Feb 2025 1622.5885214305895 -0.16 0.03
Mar 2025 1635.2179913414213 0.78 1.33
Apr 2025 1632.108904666624 -0.19 0.67
May 2025 1638.0806127987637 0.37 1.26
Jun 2025 1644.5770024055482 0.40 1.76
Jul 2025 1649.7413213721 0.31 2.26
Aug 2025 1650.1965996684482 0.03 2.24
Sep 2025 1655.832198827129 0.34 2.87
Oct 2025 1666.0639395433723 0.62 3.26
Nov 2025 1661.6230132671428 -0.27 2.09
Dec 2025 1668.999149780858 0.44 2.39
Jan 2026 1683.6774387502653 0.88 3.59
Feb 2026 1705.0255555555557 1.27 5.08