Zip Code: 32216 (Jacksonville, 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 32216 Zip Code (Jacksonville, Florida) in February 2026 was $1,601.706. The month over month percentage change (MoM) was -0.37%, and the year over year percentage change (YoY) was -0.20%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 32216 zip code (Jacksonville, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 32216 zip code (Jacksonville, 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: 32216 (Jacksonville, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 32216 (Jacksonville, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1058.6809005161076 NaN NaN
Feb 2015 1060.4371637020358 0.17 NaN
Mar 2015 1061.0359866348106 0.06 NaN
Apr 2015 1056.935268469807 -0.39 NaN
May 2015 1062.8873432458024 0.56 NaN
Jun 2015 1068.643852285007 0.54 NaN
Jul 2015 1073.7261670727419 0.48 NaN
Aug 2015 1079.2354627369502 0.51 NaN
Sep 2015 1081.697402765014 0.23 NaN
Oct 2015 1086.1182689869659 0.41 NaN
Nov 2015 1082.434629483032 -0.34 NaN
Dec 2015 1084.6140519679032 0.20 NaN
Jan 2016 1082.9914509302612 -0.15 2.30
Feb 2016 1085.9455775720337 0.27 2.40
Mar 2016 1089.9832728087729 0.37 2.73
Apr 2016 1092.5987572012214 0.24 3.37
May 2016 1092.8849118849985 0.03 2.82
Jun 2016 1089.1180674386576 -0.34 1.92
Jul 2016 1095.79018484904 0.61 2.06
Aug 2016 1100.476346974064 0.43 1.97
Sep 2016 1111.4971047632703 1.00 2.76
Oct 2016 1116.2760104026204 0.43 2.78
Nov 2016 1121.6839943092186 0.48 3.63
Dec 2016 1123.9392340638976 0.20 3.63
Jan 2017 1121.8855943408216 -0.18 3.59
Feb 2017 1121.753259417602 -0.01 3.30
Mar 2017 1127.175609933459 0.48 3.41
Apr 2017 1132.0255536267318 0.43 3.61
May 2017 1138.4035991547933 0.56 4.17
Jun 2017 1139.8022087325553 0.12 4.65
Jul 2017 1147.6605400244748 0.69 4.73
Aug 2017 1152.4804196546902 0.42 4.73
Sep 2017 1154.4918935278483 0.18 3.87
Oct 2017 1156.5437619237262 0.18 3.61
Nov 2017 1161.2596312761384 0.41 3.53
Dec 2017 1160.5521005421415 -0.06 3.26
Jan 2018 1169.8109416724794 0.80 4.27
Feb 2018 1179.851091166602 0.86 5.18
Mar 2018 1193.165367366313 1.13 5.85
Apr 2018 1192.054358879029 -0.09 5.30
May 2018 1191.2880633112477 -0.06 4.64
Jun 2018 1202.693237525204 0.96 5.52
Jul 2018 1206.11008394796 0.28 5.09
Aug 2018 1203.6692827107224 -0.20 4.44
Sep 2018 1190.1134162332125 -1.13 3.09
Oct 2018 1193.7189658500442 0.30 3.21
Nov 2018 1201.154408021693 0.62 3.44
Dec 2018 1209.5117633991997 0.70 4.22
Jan 2019 1212.8115821792824 0.27 3.68
Feb 2019 1211.5492681071496 -0.10 2.69
Mar 2019 1206.0313991367514 -0.45 1.08
Apr 2019 1212.4665508836636 0.53 1.71
May 2019 1218.2357562605891 0.48 2.26
Jun 2019 1218.2428722865207 0.00 1.29
Jul 2019 1219.2513207090906 0.08 1.09
Aug 2019 1226.8587347312875 0.62 1.93
Sep 2019 1243.3023935745716 1.34 4.47
Oct 2019 1248.0717459775967 0.38 4.55
Nov 2019 1248.8272596845281 0.06 3.97
Dec 2019 1252.3462915387313 0.28 3.54
Jan 2020 1256.2105478504088 0.31 3.58
Feb 2020 1263.1022831207447 0.55 4.26
Mar 2020 1265.6547840777798 0.20 4.94
Apr 2020 1262.1332960477782 -0.28 4.10
May 2020 1246.8850534365358 -1.21 2.35
Jun 2020 1235.4858302581433 -0.91 1.42
Jul 2020 1241.4735550903376 0.49 1.82
Aug 2020 1245.3994232434188 0.32 1.51
Sep 2020 1250.8699945167068 0.44 0.61
Oct 2020 1258.2166082683386 0.59 0.81
Nov 2020 1269.8724172688944 0.93 1.69
Dec 2020 1277.1274833621044 0.57 1.98
Jan 2021 1289.3202132682507 0.96 2.64
Feb 2021 1301.1322847144418 0.92 3.01
Mar 2021 1322.7948462678946 1.67 4.51
Apr 2021 1345.5738734339786 1.72 6.61
May 2021 1377.4267587564034 2.37 10.47
Jun 2021 1416.141172302998 2.81 14.62
Jul 2021 1456.8537994369967 2.88 17.35
Aug 2021 1503.6755416357041 3.21 20.74
Sep 2021 1543.5268669588625 2.65 23.40
Oct 2021 1562.1692886875694 1.21 24.16
Nov 2021 1570.9239164435085 0.56 23.71
Dec 2021 1587.4852133207255 1.05 24.30
Jan 2022 1594.9128112174953 0.47 23.70
Feb 2022 1596.7532543533032 0.12 22.72
Mar 2022 1592.4552005542348 -0.27 20.39
Apr 2022 1607.967604604262 0.97 19.50
May 2022 1632.0466502045779 1.50 18.49
Jun 2022 1652.2473084890921 1.24 16.67
Jul 2022 1649.5477304887672 -0.16 13.23
Aug 2022 1636.4282086941203 -0.79 8.83
Sep 2022 1622.4240866715356 -0.86 5.11
Oct 2022 1628.0458776680018 0.35 4.22
Nov 2022 1642.2450263827761 0.87 4.54
Dec 2022 1656.9458520169142 0.90 4.38
Jan 2023 1662.461691226181 0.33 4.24
Feb 2023 1663.4149412451115 0.06 4.18
Mar 2023 1658.1944415915145 -0.31 4.13
Apr 2023 1652.1115743918701 -0.37 2.75
May 2023 1644.0317233134538 -0.49 0.73
Jun 2023 1629.5559639088683 -0.88 -1.37
Jul 2023 1627.8833036025057 -0.10 -1.31
Aug 2023 1624.7953427550594 -0.19 -0.71
Sep 2023 1625.4056621459547 0.04 0.18
Oct 2023 1619.0553555791992 -0.39 -0.55
Nov 2023 1609.7811066908716 -0.57 -1.98
Dec 2023 1599.5755309951803 -0.63 -3.46
Jan 2024 1603.8441888984771 0.27 -3.53
Feb 2024 1619.9202805378948 1.00 -2.61
Mar 2024 1633.3446768313147 0.83 -1.50
Apr 2024 1622.1951035580073 -0.68 -1.81
May 2024 1608.8621793460925 -0.82 -2.14
Jun 2024 1601.3890306641872 -0.46 -1.73
Jul 2024 1604.6977172400136 0.21 -1.42
Aug 2024 1597.254338013488 -0.46 -1.69
Sep 2024 1592.6018246141027 -0.29 -2.02
Oct 2024 1600.9348495076206 0.52 -1.12
Nov 2024 1608.7969539307041 0.49 -0.06
Dec 2024 1612.987999672053 0.26 0.84
Jan 2025 1613.2902687893475 0.02 0.59
Feb 2025 1604.9372695498635 -0.52 -0.92
Mar 2025 1600.4338029533437 -0.28 -2.01
Apr 2025 1609.8092461151805 0.59 -0.76
May 2025 1619.1574762155747 0.58 0.64
Jun 2025 1627.0783810130642 0.49 1.60
Jul 2025 1624.6037058912614 -0.15 1.24
Aug 2025 1631.9204773995466 0.45 2.17
Sep 2025 1635.0508218383181 0.19 2.67
Oct 2025 1627.6385634304538 -0.45 1.67
Nov 2025 1620.0775195291249 -0.46 0.70
Dec 2025 1615.0200689957453 -0.31 0.13
Jan 2026 1607.6455762643159 -0.46 -0.35
Feb 2026 1601.7063620071685 -0.37 -0.20