Zip Code: 28803 (Asheville, 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 28803 Zip Code (Asheville, North Carolina) in February 2026 was $1,725.592. The month over month percentage change (MoM) was 0.41%, and the year over year percentage change (YoY) was -0.84%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 28803 zip code (Asheville, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 28803 zip code (Asheville, 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: 28803 (Asheville, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 28803 (Asheville, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1174.1192411183713 Infinity Infinity
Feb 2019 1161.8000706354194 -1.05 Infinity
Mar 2019 1143.1279949199973 -1.61 Infinity
Apr 2019 1161.5318665871355 1.61 Infinity
May 2019 1178.8804720564142 1.49 Infinity
Jun 2019 1181.8052553320706 0.25 Infinity
Jul 2019 1181.1228221254137 -0.06 Infinity
Aug 2019 1184.7263373196693 0.31 Infinity
Sep 2019 1202.2711055854588 1.48 Infinity
Oct 2019 1205.1785333312669 0.24 Infinity
Nov 2019 1203.4722546672606 -0.14 Infinity
Dec 2019 1215.5270508468739 1.00 Infinity
Jan 2020 1202.459270854049 -1.07 2.41
Feb 2020 1208.3897118704576 0.49 4.01
Mar 2020 1190.2881496033388 -1.50 4.13
Apr 2020 1223.559173238111 2.80 5.34
May 2020 1226.060665717082 0.20 4.00
Jun 2020 1218.9073365673758 -0.58 3.14
Jul 2020 1198.8043064260503 -1.65 1.50
Aug 2020 1214.792778768379 1.33 2.54
Sep 2020 1238.211614052053 1.93 2.99
Oct 2020 1263.8030085716073 2.07 4.86
Nov 2020 1232.5153038886478 -2.48 2.41
Dec 2020 1229.610919005051 -0.24 1.16
Jan 2021 1246.7008029341605 1.39 3.68
Feb 2021 1297.092667061091 4.04 7.34
Mar 2021 1323.8567940463556 2.06 11.22
Apr 2021 1349.8352060286009 1.96 10.32
May 2021 1383.156887603088 2.47 12.81
Jun 2021 1431.243827837234 3.48 17.42
Jul 2021 1471.9263906701847 2.84 22.78
Aug 2021 1490.935289605559 1.29 22.73
Sep 2021 1509.463101283603 1.24 21.91
Oct 2021 1535.196070296491 1.71 21.47
Nov 2021 1600.3698267702857 4.25 29.85
Dec 2021 1616.2640026583338 0.99 31.45
Jan 2022 1655.6721291622443 2.44 32.80
Feb 2022 1669.278722879857 0.82 28.69
Mar 2022 1680.2189892061044 0.66 26.92
Apr 2022 1657.4655697191247 -1.35 22.79
May 2022 1655.090792082304 -0.14 19.66
Jun 2022 1672.4772590252203 1.05 16.86
Jul 2022 1694.082113277529 1.29 15.09
Aug 2022 1674.6269257773192 -1.15 12.32
Sep 2022 1691.777432013927 1.02 12.08
Oct 2022 1694.6642163483298 0.17 10.39
Nov 2022 1707.476104797116 0.76 6.69
Dec 2022 1737.8035920553414 1.78 7.52
Jan 2023 1745.6057397875977 0.45 5.43
Feb 2023 1756.7031004578225 0.64 5.24
Mar 2023 1756.2698201430383 -0.02 4.53
Apr 2023 1767.4467000673756 0.64 6.64
May 2023 1773.0832412098628 0.32 7.13
Jun 2023 1749.575738444876 -1.33 4.61
Jul 2023 1735.791528318274 -0.79 2.46
Aug 2023 1752.9230538601191 0.99 4.68
Sep 2023 1756.2073522368605 0.19 3.81
Oct 2023 1759.3786804204735 0.18 3.82
Nov 2023 1745.7296976482348 -0.78 2.24
Dec 2023 1739.0459188020466 -0.38 0.07
Jan 2024 1738.1922144575797 -0.05 -0.42
Feb 2024 1738.4951535170205 0.02 -1.04
Mar 2024 1748.8949034276895 0.60 -0.42
Apr 2024 1751.4434181871702 0.15 -0.90
May 2024 1756.111507570275 0.27 -0.96
Jun 2024 1769.0155213621501 0.74 1.11
Jul 2024 1776.8618482501533 0.44 2.37
Aug 2024 1791.5635306152724 0.83 2.20
Sep 2024 1773.1877736415404 -1.03 0.97
Oct 2024 1778.4450169312781 0.30 1.08
Nov 2024 1772.8413494974182 -0.31 1.55
Dec 2024 1766.281170701395 -0.37 1.57
Jan 2025 1751.4856374682972 -0.84 0.77
Feb 2025 1740.160268116486 -0.65 0.10
Mar 2025 1731.2661379466779 -0.51 -1.01
Apr 2025 1729.4452206818464 -0.10 -1.26
May 2025 1723.8760602506668 -0.32 -1.84
Jun 2025 1720.7242754568056 -0.18 -2.73
Jul 2025 1716.0229853656253 -0.27 -3.42
Aug 2025 1700.6802374464355 -0.89 -5.07
Sep 2025 1708.3891046802678 0.45 -3.65
Oct 2025 1701.8319972312859 -0.38 -4.31
Nov 2025 1707.5027364035786 0.33 -3.69
Dec 2025 1709.2377982070511 0.10 -3.23
Jan 2026 1718.5244320715592 0.54 -1.88
Feb 2026 1725.5922427150497 0.41 -0.84