Zip Code: 28602 (Hickory, 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 28602 Zip Code (Hickory, North Carolina) in February 2026 was $1,369.143. The month over month percentage change (MoM) was 0.69%, and the year over year percentage change (YoY) was 5.04%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28602 zip code (Hickory, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 28602 zip code (Hickory, 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: 28602 (Hickory, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28602 (Hickory, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
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Month ZORI ($) 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 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 1202.4785895568143 Infinity Infinity
Apr 2022 1193.8443926930709 -0.72 Infinity
May 2022 1215.428667715698 1.81 Infinity
Jun 2022 1231.0604570034855 1.29 Infinity
Jul 2022 1253.7095645277818 1.84 Infinity
Aug 2022 1249.1267871191938 -0.37 Infinity
Sep 2022 1238.1531221185937 -0.88 Infinity
Oct 2022 1243.372973274319 0.42 Infinity
Nov 2022 1233.6934352230485 -0.78 Infinity
Dec 2022 1246.3986153755739 1.03 Infinity
Jan 2023 1255.559159512783 0.74 Infinity
Feb 2023 0 -100.00 NaN
Mar 2023 1290.510764560753 Infinity 7.32
Apr 2023 1252.3685357917082 -2.96 4.90
May 2023 1242.0792704806463 -0.82 2.19
Jun 2023 1233.6988044212078 -0.67 0.21
Jul 2023 1251.8758651959208 1.47 -0.15
Aug 2023 1247.1930874530517 -0.37 -0.15
Sep 2023 1239.8413814021985 -0.59 0.14
Oct 2023 1221.2322499696402 -1.50 -1.78
Nov 2023 0 -100.00 -100.00
Dec 2023 1215.8820056547763 Infinity -2.45
Jan 2024 1219.4941657965924 0.30 -2.87
Feb 2024 1214.2917021739886 -0.43 Infinity
Mar 2024 1213.4008808201736 -0.07 -5.97
Apr 2024 1258.7547439613245 3.74 0.51
May 2024 1271.1788692197422 0.99 2.34
Jun 2024 1283.4089117963074 0.96 4.03
Jul 2024 1258.6646904032525 -1.93 0.54
Aug 2024 1250.117704209662 -0.68 0.23
Sep 2024 1265.6271009668483 1.24 2.08
Oct 2024 1267.9009306700207 0.18 3.82
Nov 2024 1299.9410707129568 2.53 Infinity
Dec 2024 1307.8022928103776 0.61 7.56
Jan 2025 1305.351744359485 -0.19 7.04
Feb 2025 1303.4434982665596 -0.15 7.34
Mar 2025 1309.4759159135876 0.46 7.92
Apr 2025 1302.497701903696 -0.53 3.48
May 2025 1302.9146013856619 0.03 2.50
Jun 2025 1305.2864858363077 0.18 1.71
Jul 2025 1320.3419395210638 1.15 4.90
Aug 2025 1340.0502505561233 1.49 7.19
Sep 2025 1342.6490056148943 0.19 6.09
Oct 2025 1359.5813546177324 1.26 7.23
Nov 2025 1347.8635949409388 -0.86 3.69
Dec 2025 1351.4161824601244 0.26 3.34
Jan 2026 1359.7396454808045 0.62 4.17
Feb 2026 1369.1428571428569 0.69 5.04