Zip Code: 32828 (Orlando, 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 32828 Zip Code (Orlando, Florida) in February 2026 was $2,189.504. The month over month percentage change (MoM) was 0.00%, and the year over year percentage change (YoY) was 1.05%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 32828 zip code (Orlando, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 32828 zip code (Orlando, 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: 32828 (Orlando, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 32828 (Orlando, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1245.5411922461467 NaN NaN
Feb 2015 1257.5637728551537 0.97 NaN
Mar 2015 1266.8709891744693 0.74 NaN
Apr 2015 1263.5750677930264 -0.26 NaN
May 2015 1261.2250156246364 -0.19 NaN
Jun 2015 1270.2814824473994 0.72 NaN
Jul 2015 1274.8713061384076 0.36 NaN
Aug 2015 1277.728464388668 0.22 NaN
Sep 2015 1282.7678757241722 0.39 NaN
Oct 2015 1292.0502948802716 0.72 NaN
Nov 2015 1302.0458621944852 0.77 NaN
Dec 2015 1303.3974827932768 0.10 NaN
Jan 2016 1305.61409232963 0.17 4.82
Feb 2016 1299.04392711431 -0.50 3.30
Mar 2016 1309.2097421862916 0.78 3.34
Apr 2016 1312.0483426776825 0.22 3.84
May 2016 1326.2852563997078 1.09 5.16
Jun 2016 1321.3173437038274 -0.37 4.02
Jul 2016 1326.464720893809 0.39 4.05
Aug 2016 1332.6032078114358 0.46 4.30
Sep 2016 1341.5294771337028 0.67 4.58
Oct 2016 1341.9156906374544 0.03 3.86
Nov 2016 1332.7072457064412 -0.69 2.36
Dec 2016 1333.4485381841048 0.06 2.31
Jan 2017 1340.0143583857036 0.49 2.64
Feb 2017 1358.6719231486218 1.39 4.59
Mar 2017 1351.3182475458573 -0.54 3.22
Apr 2017 1361.8501302737545 0.78 3.80
May 2017 1363.0355748256109 0.09 2.77
Jun 2017 1384.9304685519805 1.61 4.81
Jul 2017 1388.2860564842479 0.24 4.66
Aug 2017 1391.928636528901 0.26 4.45
Sep 2017 1385.4865382231276 -0.46 3.28
Oct 2017 1382.441760790192 -0.22 3.02
Nov 2017 1393.934741026692 0.83 4.59
Dec 2017 1417.5765735309137 1.70 6.31
Jan 2018 1432.8730561276532 1.08 6.93
Feb 2018 1436.0089895790015 0.22 5.69
Mar 2018 1451.2879901421325 1.06 7.40
Apr 2018 1451.1261420840542 -0.01 6.56
May 2018 1455.0057376007978 0.27 6.75
Jun 2018 1449.169571987156 -0.40 4.64
Jul 2018 1462.2351656945937 0.90 5.33
Aug 2018 1473.850621143367 0.79 5.89
Sep 2018 1489.1708450245922 1.04 7.48
Oct 2018 1508.6161817063705 1.31 9.13
Nov 2018 1522.4803091115284 0.92 9.22
Dec 2018 1530.7838317725184 0.55 7.99
Jan 2019 1515.2159688479012 -1.02 5.75
Feb 2019 1508.7006330968054 -0.43 5.06
Mar 2019 1511.9562982632215 0.22 4.18
Apr 2019 1519.950268864848 0.53 4.74
May 2019 1527.0028125425388 0.46 4.95
Jun 2019 1534.6394576202185 0.50 5.90
Jul 2019 1534.5755189440474 0.00 4.95
Aug 2019 1535.0291993743383 0.03 4.15
Sep 2019 1536.6331044480428 0.10 3.19
Oct 2019 1534.7382807976337 -0.12 1.73
Nov 2019 1531.544617268523 -0.21 0.60
Dec 2019 1524.3887983615934 -0.47 -0.42
Jan 2020 1538.0313436621009 0.90 1.51
Feb 2020 1548.5718152058646 0.69 2.64
Mar 2020 1574.841811966746 1.70 4.16
Apr 2020 1577.9433946817212 0.20 3.82
May 2020 1572.2236704077907 -0.36 2.96
Jun 2020 1573.7423643795814 0.10 2.55
Jul 2020 1568.5248898121965 -0.33 2.21
Aug 2020 1575.4066024926137 0.44 2.63
Sep 2020 1577.6179840167415 0.14 2.67
Oct 2020 1572.7493127937896 -0.31 2.48
Nov 2020 1573.9167901596134 0.07 2.77
Dec 2020 1587.2276937995357 0.85 4.12
Jan 2021 1603.5718510411666 1.03 4.26
Feb 2021 1623.2707660075048 1.23 4.82
Mar 2021 1636.79297825748 0.83 3.93
Apr 2021 1652.3327992116097 0.95 4.71
May 2021 1690.1026492965852 2.29 7.50
Jun 2021 1732.050946570316 2.48 10.06
Jul 2021 1776.2891695812766 2.55 13.25
Aug 2021 1806.6295809313224 1.71 14.68
Sep 2021 1825.149422473977 1.02 15.69
Oct 2021 1866.46882870593 2.26 18.68
Nov 2021 1890.957447765994 1.31 20.14
Dec 2021 1943.683790432716 2.79 22.46
Jan 2022 1968.4570114273909 1.27 22.76
Feb 2022 1999.884336512369 1.60 23.20
Mar 2022 2009.7213949961092 0.49 22.78
Apr 2022 2023.1453992175989 0.67 22.44
May 2022 2033.418605621459 0.51 20.31
Jun 2022 2039.822634292475 0.32 17.77
Jul 2022 2062.829037628485 1.13 16.13
Aug 2022 2076.949342948469 0.69 14.96
Sep 2022 2091.286880541293 0.69 14.58
Oct 2022 2095.3220636668416 0.19 12.26
Nov 2022 2105.485937111955 0.49 11.35
Dec 2022 2104.159185562285 -0.06 8.26
Jan 2023 2097.5126766278545 -0.32 6.56
Feb 2023 2092.9821475832478 -0.22 4.66
Mar 2023 2096.490907074866 0.17 4.32
Apr 2023 2117.4348027718265 1.00 4.66
May 2023 2120.0723173933416 0.13 4.26
Jun 2023 2115.921568222 -0.20 3.73
Jul 2023 2094.071241949894 -1.03 1.52
Aug 2023 2086.6227001039406 -0.36 0.47
Sep 2023 2095.8722758504014 0.44 0.22
Oct 2023 2091.6173738621646 -0.20 -0.18
Nov 2023 2110.521601409108 0.90 0.24
Dec 2023 2100.657238252879 -0.47 -0.17
Jan 2024 2111.1126846167494 0.50 0.65
Feb 2024 2104.3651887576507 -0.32 0.54
Mar 2024 2115.712835389065 0.54 0.92
Apr 2024 2127.564558803458 0.56 0.48
May 2024 2146.450778647239 0.89 1.24
Jun 2024 2151.374105548669 0.23 1.68
Jul 2024 2161.1930777792268 0.46 3.21
Aug 2024 2150.5776432541807 -0.49 3.07
Sep 2024 2141.781372225937 -0.41 2.19
Oct 2024 2132.2343103104254 -0.45 1.94
Nov 2024 2125.842392104046 -0.30 0.73
Dec 2024 2145.793907979858 0.94 2.15
Jan 2025 2153.2972473542536 0.35 2.00
Feb 2025 2166.6896930718526 0.62 2.96
Mar 2025 2165.2395264552038 -0.07 2.34
Apr 2025 2153.8248331498985 -0.53 1.23
May 2025 2145.2760161432934 -0.40 -0.05
Jun 2025 2150.692777934753 0.25 -0.03
Jul 2025 2157.0033782198166 0.29 -0.19
Aug 2025 2173.7179142422915 0.78 1.08
Sep 2025 2181.039817159299 0.34 1.83
Oct 2025 2196.4292294166908 0.71 3.01
Nov 2025 2197.150846037264 0.03 3.35
Dec 2025 2192.642403455033 -0.20 2.18
Jan 2026 2189.47548286937 -0.14 1.68
Feb 2026 2189.5036714975845 0.00 1.05