Zip Code: 32034 (Fernandina Beach, Florida) - 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 32034 Zip Code (Fernandina Beach, Florida) in February 2026 was $2,300.875. The month over month percentage change (MoM) was 0.87%, and the year over year percentage change (YoY) was 3.90%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 32034 zip code (Fernandina Beach, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 32034 zip code (Fernandina Beach, Florida).

You can see similar information for other Florida 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: 32034 (Fernandina Beach, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 32034 (Fernandina Beach, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1348.1227367566912 Infinity Infinity
Jul 2019 1366.546709695618 1.37 Infinity
Aug 2019 1371.3359556251382 0.35 Infinity
Sep 2019 1377.6838915988874 0.46 Infinity
Oct 2019 1374.866561438933 -0.20 Infinity
Nov 2019 1380.3810353929161 0.40 Infinity
Dec 2019 1386.3930246440623 0.44 Infinity
Jan 2020 1386.564410595886 0.01 Infinity
Feb 2020 1393.4864820989217 0.50 Infinity
Mar 2020 1415.3900764573646 1.57 Infinity
Apr 2020 1425.4477626750954 0.71 Infinity
May 2020 1431.6064129854487 0.43 Infinity
Jun 2020 1426.3491222221633 -0.37 5.80
Jul 2020 1443.2865555558933 1.19 5.62
Aug 2020 1451.4731892484515 0.57 5.84
Sep 2020 1473.7686793139567 1.54 6.97
Oct 2020 1484.2793248237526 0.71 7.96
Nov 2020 1501.4308155207152 1.16 8.77
Dec 2020 1515.3472184290838 0.93 9.30
Jan 2021 1538.9761062683297 1.56 10.99
Feb 2021 1548.340100799966 0.61 11.11
Mar 2021 1574.0333374336785 1.66 11.21
Apr 2021 1583.3880995155112 0.59 11.08
May 2021 1601.2520208152366 1.13 11.85
Jun 2021 1611.6176009551514 0.65 12.99
Jul 2021 1638.031766537823 1.64 13.49
Aug 2021 1677.088416196987 2.38 15.54
Sep 2021 1710.7031249822962 2.00 16.08
Oct 2021 1754.3765269503976 2.55 18.20
Nov 2021 1773.6086463964166 1.10 18.13
Dec 2021 1815.7545932265373 2.38 19.82
Jan 2022 0 -100.00 -100.00
Feb 2022 1860.9046889557476 Infinity 20.19
Mar 2022 1851.3298658465542 -0.51 17.62
Apr 2022 1895.680215255053 2.40 19.72
May 2022 1904.4609987228166 0.46 18.94
Jun 2022 1975.9675541517663 3.76 22.61
Jul 2022 1961.6961806152253 -0.72 19.76
Aug 2022 1981.9136566969437 1.03 18.18
Sep 2022 1971.9203428009862 -0.50 15.27
Oct 2022 1999.7008248776167 1.41 13.98
Nov 2022 2003.7211527331515 0.20 12.97
Dec 2022 2005.6055364323197 0.09 10.46
Jan 2023 2022.7645577793908 0.86 Infinity
Feb 2023 2013.6958121360701 -0.45 8.21
Mar 2023 2027.2639887266982 0.67 9.50
Apr 2023 2025.028674087639 -0.11 6.82
May 2023 2057.816890515118 1.62 8.05
Jun 2023 2053.1618710751322 -0.23 3.91
Jul 2023 2085.4373510611963 1.57 6.31
Aug 2023 2067.3940815719084 -0.86 4.31
Sep 2023 2059.6703809508494 -0.37 4.45
Oct 2023 2054.532136076115 -0.25 2.74
Nov 2023 2061.3313412159437 0.33 2.88
Dec 2023 2065.0005792572297 0.18 2.96
Jan 2024 2059.407290041475 -0.27 1.81
Feb 2024 2078.6989632557616 0.94 3.23
Mar 2024 2101.0800319220166 1.08 3.64
Apr 2024 2136.0894831375144 1.67 5.48
May 2024 2142.8802682518394 0.32 4.13
Jun 2024 2151.7635849270805 0.42 4.80
Jul 2024 2152.5590230828343 0.04 3.22
Aug 2024 2147.3534051040506 -0.24 3.87
Sep 2024 2162.5514593002213 0.71 5.00
Oct 2024 2167.5601821184464 0.23 5.50
Nov 2024 2203.32284970834 1.65 6.89
Dec 2024 2203.4168807538 0.00 6.70
Jan 2025 2222.8372216588145 0.88 7.94
Feb 2025 2214.4585965603187 -0.38 6.53
Mar 2025 2213.0766401316723 -0.06 5.33
Apr 2025 2198.646911937159 -0.65 2.93
May 2025 2196.741582265499 -0.09 2.51
Jun 2025 2198.963304341908 0.10 2.19
Jul 2025 2207.0672651604045 0.37 2.53
Aug 2025 2236.9752265647103 1.36 4.17
Sep 2025 2252.7262520903123 0.70 4.17
Oct 2025 2266.6020185399434 0.62 4.57
Nov 2025 2255.906150893737 -0.47 2.39
Dec 2025 2274.263507164564 0.81 3.22
Jan 2026 2280.992269074087 0.30 2.62
Feb 2026 2300.875 0.87 3.90