Zip Code: 28409 (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 28409 Zip Code (Wilmington, North Carolina) in February 2026 was $2,255.696. The month over month percentage change (MoM) was 2.29%, and the year over year percentage change (YoY) was 12.05%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28409 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 28409 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: 28409 (Wilmington, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28409 (Wilmington, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 0 NaN NaN
Oct 2021 0 NaN NaN
Nov 2021 0 NaN NaN
Dec 2021 0 NaN NaN
Jan 2022 0 NaN NaN
Feb 2022 0 NaN NaN
Mar 2022 0 NaN NaN
Apr 2022 0 NaN NaN
May 2022 0 NaN NaN
Jun 2022 0 NaN NaN
Jul 2022 0 NaN NaN
Aug 2022 0 NaN NaN
Sep 2022 0 NaN NaN
Oct 2022 0 NaN NaN
Nov 2022 0 NaN NaN
Dec 2022 0 NaN NaN
Jan 2023 1812.6160443650353 Infinity Infinity
Feb 2023 1836.0076413101654 1.29 Infinity
Mar 2023 1872.2893641767419 1.98 Infinity
Apr 2023 1879.8802018074489 0.41 Infinity
May 2023 1873.708398249829 -0.33 Infinity
Jun 2023 1885.811793351372 0.65 Infinity
Jul 2023 1880.3913766320081 -0.29 Infinity
Aug 2023 1891.2010501029013 0.57 Infinity
Sep 2023 1893.172824726796 0.10 Infinity
Oct 2023 1952.373970162309 3.13 Infinity
Nov 2023 1968.0928395142707 0.81 Infinity
Dec 2023 1991.8971068718536 1.21 Infinity
Jan 2024 1986.6336129501597 -0.26 9.60
Feb 2024 1992.0178334537786 0.27 8.50
Mar 2024 1981.9119490283417 -0.51 5.86
Apr 2024 1973.783462198305 -0.41 5.00
May 2024 1975.8775727841808 0.11 5.45
Jun 2024 1974.3777529756135 -0.08 4.70
Jul 2024 1946.951472426923 -1.39 3.54
Aug 2024 1963.161662685988 0.83 3.81
Sep 2024 1969.7052946271112 0.33 4.04
Oct 2024 1990.923644435444 1.08 1.98
Nov 2024 2036.5328548878583 2.29 3.48
Dec 2024 2031.849265925721 -0.23 2.01
Jan 2025 2037.0336423667077 0.26 2.54
Feb 2025 2013.1806097035537 -1.17 1.06
Mar 2025 2033.1398439134741 0.99 2.59
Apr 2025 2060.859361956103 1.36 4.41
May 2025 2086.813301684183 1.26 5.62
Jun 2025 2098.351886080071 0.55 6.28
Jul 2025 2141.4815486173984 2.06 9.99
Aug 2025 2143.269816497846 0.08 9.17
Sep 2025 2165.560455406058 1.04 9.94
Oct 2025 2152.8051497198953 -0.59 8.13
Nov 2025 2144.500204793385 -0.39 5.30
Dec 2025 2170.5700482506327 1.22 6.83
Jan 2026 2205.1623595352435 1.59 8.25
Feb 2026 2255.696296296296 2.29 12.05