Zip Code: 32304 (Tallahassee, 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 32304 Zip Code (Tallahassee, Florida) in February 2026 was $1,392.682. The month over month percentage change (MoM) was 1.05%, and the year over year percentage change (YoY) was 3.38%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 32304 zip code (Tallahassee, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 32304 zip code (Tallahassee, 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: 32304 (Tallahassee, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 32304 (Tallahassee, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 743.6185855359354 NaN NaN
Feb 2015 727.0763544008569 -2.22 NaN
Mar 2015 729.8659653191871 0.38 NaN
Apr 2015 738.4893835972513 1.18 NaN
May 2015 740.4872452295216 0.27 NaN
Jun 2015 746.3862622222043 0.80 NaN
Jul 2015 742.974559727744 -0.46 NaN
Aug 2015 748.418393596141 0.73 NaN
Sep 2015 745.080197006815 -0.45 NaN
Oct 2015 748.2076549613179 0.42 NaN
Nov 2015 747.115393772971 -0.15 NaN
Dec 2015 751.5237498012394 0.59 NaN
Jan 2016 752.3214468051083 0.11 1.17
Feb 2016 750.550417836919 -0.23 3.23
Mar 2016 749.8519501248929 -0.09 2.74
Apr 2016 749.1064432107491 -0.10 1.44
May 2016 750.9218319956383 0.24 1.41
Jun 2016 755.4868336913248 0.61 1.22
Jul 2016 764.0884743925025 1.14 2.84
Aug 2016 768.4404025228342 0.57 2.68
Sep 2016 765.0914067566913 -0.44 2.69
Oct 2016 773.5850569958757 1.11 3.39
Nov 2016 768.5052456526719 -0.66 2.86
Dec 2016 778.967812633334 1.36 3.65
Jan 2017 772.8375537013632 -0.79 2.73
Feb 2017 785.5380543047412 1.64 4.66
Mar 2017 787.7472901847772 0.28 5.05
Apr 2017 795.02224957859 0.92 6.13
May 2017 803.0044981171446 1.00 6.94
Jun 2017 803.5115565977086 0.06 6.36
Jul 2017 804.9377149741858 0.18 5.35
Aug 2017 796.0669616860952 -1.10 3.60
Sep 2017 803.1951733941746 0.90 4.98
Oct 2017 804.0750047617054 0.11 3.94
Nov 2017 810.6622290636675 0.82 5.49
Dec 2017 808.6939450586867 -0.24 3.82
Jan 2018 813.6565250492865 0.61 5.28
Feb 2018 817.8294618488925 0.51 4.11
Mar 2018 826.2507008978009 1.03 4.89
Apr 2018 833.9012396630924 0.93 4.89
May 2018 838.1980845249809 0.52 4.38
Jun 2018 838.2607349908267 0.01 4.33
Jul 2018 831.483086738488 -0.81 3.30
Aug 2018 832.4771663136573 0.12 4.57
Sep 2018 835.3795104458435 0.35 4.01
Oct 2018 841.5294815789675 0.74 4.66
Nov 2018 844.4474350738365 0.35 4.17
Dec 2018 853.3902986323261 1.06 5.53
Jan 2019 861.8637646416669 0.99 5.93
Feb 2019 864.480196668335 0.30 5.70
Mar 2019 864.6809459968422 0.02 4.65
Apr 2019 862.4763652448859 -0.25 3.43
May 2019 861.8389110374038 -0.07 2.82
Jun 2019 867.1475484623751 0.62 3.45
Jul 2019 876.2302296650367 1.05 5.38
Aug 2019 884.6239026755284 0.96 6.26
Sep 2019 884.6066079920672 0.00 5.89
Oct 2019 881.8747341476056 -0.31 4.79
Nov 2019 881.3178203659452 -0.06 4.37
Dec 2019 876.1238012386655 -0.59 2.66
Jan 2020 870.8227382189523 -0.60 1.04
Feb 2020 865.8322723997841 -0.57 0.16
Mar 2020 0 -100.00 -100.00
Apr 2020 913.7376013537612 Infinity 5.94
May 2020 918.5258798402407 0.52 6.58
Jun 2020 920.6942453185748 0.24 6.18
Jul 2020 919.8838670102416 -0.09 4.98
Aug 2020 914.0648828044035 -0.63 3.33
Sep 2020 914.7292425635507 0.07 3.41
Oct 2020 938.6574707119127 2.62 6.44
Nov 2020 959.2805902020068 2.20 8.85
Dec 2020 971.1149767556311 1.23 10.84
Jan 2021 961.2124172899618 -1.02 10.38
Feb 2021 958.9818396397516 -0.23 10.76
Mar 2021 957.9936615031827 -0.10 Infinity
Apr 2021 956.5975451854484 -0.15 4.69
May 2021 965.0241846948257 0.88 5.06
Jun 2021 971.9834052268768 0.72 5.57
Jul 2021 984.002891007402 1.24 6.97
Aug 2021 1018.6533996483032 3.52 11.44
Sep 2021 1039.1171586242062 2.01 13.60
Oct 2021 1046.8614144677106 0.75 11.53
Nov 2021 1028.2608790626014 -1.78 7.19
Dec 2021 1038.6007220891877 1.01 6.95
Jan 2022 1061.4678439961287 2.20 10.43
Feb 2022 1077.1927020943072 1.48 12.33
Mar 2022 1086.3837463834666 0.85 13.40
Apr 2022 1099.554223279748 1.21 14.94
May 2022 1116.24321897682 1.52 15.67
Jun 2022 1140.962860965825 2.22 17.39
Jul 2022 1153.8344864306819 1.13 17.26
Aug 2022 1165.4949627281408 1.01 14.42
Sep 2022 1169.1381904141476 0.31 12.51
Oct 2022 1184.3158157050302 1.30 13.13
Nov 2022 1187.4057128539398 0.26 15.48
Dec 2022 1200.8327014203608 1.13 15.62
Jan 2023 1193.6066832873585 -0.60 12.45
Feb 2023 1209.1557411449048 1.30 12.25
Mar 2023 1210.4466822423665 0.11 11.42
Apr 2023 1227.590259510949 1.42 11.64
May 2023 1238.026508213597 0.85 10.91
Jun 2023 1242.648847252118 0.37 8.91
Jul 2023 1249.407223416338 0.54 8.28
Aug 2023 1239.4672769350211 -0.80 6.35
Sep 2023 1249.7639502481343 0.83 6.90
Oct 2023 1247.7108090120237 -0.16 5.35
Nov 2023 1282.6294544032144 2.80 8.02
Dec 2023 1278.2980650732643 -0.34 6.45
Jan 2024 1292.2225495994455 1.09 8.26
Feb 2024 1280.6802709286117 -0.89 5.92
Mar 2024 1295.65862507042 1.17 7.04
Apr 2024 1297.6418214178834 0.15 5.71
May 2024 1301.487593365061 0.30 5.13
Jun 2024 1298.9094755964222 -0.20 4.53
Jul 2024 1309.9752645417987 0.85 4.85
Aug 2024 1310.4098612187706 0.03 5.72
Sep 2024 1317.4111729465287 0.53 5.41
Oct 2024 1309.7065722864925 -0.58 4.97
Nov 2024 1319.1753392725598 0.72 2.85
Dec 2024 1330.1162469749113 0.83 4.05
Jan 2025 1348.4065567861223 1.38 4.35
Feb 2025 1347.1510768052033 -0.09 5.19
Mar 2025 1349.0306563734616 0.14 4.12
Apr 2025 1351.5122232864105 0.18 4.15
May 2025 1354.4601044067908 0.22 4.07
Jun 2025 1363.2366539171667 0.65 4.95
Jul 2025 1362.392412009916 -0.06 4.00
Aug 2025 1377.4651812442637 1.11 5.12
Sep 2025 1379.0606130132733 0.12 4.68
Oct 2025 1396.195202031205 1.24 6.60
Nov 2025 1383.6975142828064 -0.89 4.89
Dec 2025 1386.6487924836174 0.21 4.25
Jan 2026 1378.2441245661948 -0.61 2.21
Feb 2026 1392.6819433850326 1.05 3.38