Zip Code: 32905 (Palm Bay, 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 32905 Zip Code (Palm Bay, Florida) in February 2026 was $1,576.686. The month over month percentage change (MoM) was 0.02%, and the year over year percentage change (YoY) was -1.46%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 32905 zip code (Palm Bay, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 32905 zip code (Palm Bay, 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: 32905 (Palm Bay, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 32905 (Palm Bay, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) 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 959.7337736228167 Infinity Infinity
Sep 2017 967.836003024932 0.84 Infinity
Oct 2017 974.9278761263975 0.73 Infinity
Nov 2017 975.2456228626055 0.03 Infinity
Dec 2017 987.1394321152204 1.22 Infinity
Jan 2018 996.8691348890477 0.99 Infinity
Feb 2018 994.9085775489742 -0.20 Infinity
Mar 2018 1007.3362056357668 1.25 Infinity
Apr 2018 1004.8104223256822 -0.25 Infinity
May 2018 1019.2178898813643 1.43 Infinity
Jun 2018 1017.9421373555872 -0.12 Infinity
Jul 2018 1025.8864372807068 0.78 Infinity
Aug 2018 1037.3897677574078 1.12 8.09
Sep 2018 1035.4566749064006 -0.19 6.99
Oct 2018 1053.586345422281 1.75 8.07
Nov 2018 1051.0170018710858 -0.24 7.77
Dec 2018 1070.2177208127437 1.83 8.42
Jan 2019 1060.6228835023933 -0.90 6.40
Feb 2019 1057.2097409714574 -0.32 6.26
Mar 2019 1059.9077745587604 0.26 5.22
Apr 2019 0 -100.00 -100.00
May 2019 1078.2615700167755 Infinity 5.79
Jun 2019 1086.3025714601067 0.75 6.72
Jul 2019 1089.0805487792236 0.26 6.16
Aug 2019 1086.9860252905285 -0.19 4.78
Sep 2019 1097.582075105478 0.98 6.00
Oct 2019 1096.4470209342091 -0.10 4.07
Nov 2019 1112.4381978170927 1.46 5.84
Dec 2019 1106.728612819449 -0.51 3.41
Jan 2020 1122.806018687835 1.45 5.86
Feb 2020 1137.0222450332374 1.27 7.55
Mar 2020 1142.1155407697418 0.45 7.76
Apr 2020 0 -100.00 NaN
May 2020 1127.0569568126198 Infinity 4.53
Jun 2020 1117.6746996038362 -0.83 2.89
Jul 2020 1117.5100184161217 -0.01 2.61
Aug 2020 1124.951418958227 0.67 3.49
Sep 2020 1138.9046064582683 1.24 3.77
Oct 2020 1150.9104357263063 1.05 4.97
Nov 2020 1155.5558639598412 0.40 3.88
Dec 2020 1155.1095442606456 -0.04 4.37
Jan 2021 1174.4804619550791 1.68 4.60
Feb 2021 1204.58519314881 2.56 5.94
Mar 2021 1224.1703460023432 1.63 7.18
Apr 2021 1245.397976006057 1.73 Infinity
May 2021 1267.2159511880986 1.75 12.44
Jun 2021 1295.073194238524 2.20 15.87
Jul 2021 1320.0369004174254 1.93 18.12
Aug 2021 1341.375163420477 1.62 19.24
Sep 2021 1364.7200836066681 1.74 19.83
Oct 2021 1391.1105685455684 1.93 20.87
Nov 2021 1413.6201177022465 1.62 22.33
Dec 2021 1437.4598311339746 1.69 24.44
Jan 2022 1463.6665533070066 1.82 24.62
Feb 2022 1465.7038127279275 0.14 21.68
Mar 2022 1483.8754405149828 1.24 21.22
Apr 2022 1490.3684286149805 0.44 19.67
May 2022 1508.8717846825143 1.24 19.07
Jun 2022 1521.7782866954956 0.86 17.51
Jul 2022 1532.2382121363526 0.69 16.08
Aug 2022 1543.0133329158832 0.70 15.03
Sep 2022 1544.1839367694279 0.08 13.15
Oct 2022 1551.1416489736548 0.45 11.50
Nov 2022 1561.45077883329 0.67 10.46
Dec 2022 1575.6517288381956 0.91 9.61
Jan 2023 1575.344810822129 -0.02 7.63
Feb 2023 1577.2749753936084 0.12 7.61
Mar 2023 1576.1910064880233 -0.07 6.22
Apr 2023 1573.5761433138484 -0.17 5.58
May 2023 1578.074053904542 0.29 4.59
Jun 2023 1586.3918277584864 0.53 4.25
Jul 2023 1601.340236603574 0.94 4.51
Aug 2023 1601.2125280948096 -0.01 3.77
Sep 2023 1599.583849546954 -0.10 3.59
Oct 2023 1589.092442199019 -0.66 2.45
Nov 2023 1581.9556837919738 -0.45 1.31
Dec 2023 1566.340284018511 -0.99 -0.59
Jan 2024 1550.3466777065382 -1.02 -1.59
Feb 2024 1562.6186267291166 0.79 -0.93
Mar 2024 1570.514420135027 0.51 -0.36
Apr 2024 1578.3224264087412 0.50 0.30
May 2024 1572.0862656938643 -0.39 -0.38
Jun 2024 1569.44363554205 -0.17 -1.07
Jul 2024 1577.7336936173433 0.53 -1.47
Aug 2024 1581.225596416437 0.22 -1.25
Sep 2024 1590.6738090155686 0.60 -0.56
Oct 2024 1586.1367920407124 -0.28 -0.19
Nov 2024 1588.4226072413967 0.14 0.41
Dec 2024 1603.6686927235946 0.96 2.38
Jan 2025 1610.1272545153693 0.40 3.86
Feb 2025 1600.133499806933 -0.62 2.40
Mar 2025 1595.5929636699893 -0.28 1.60
Apr 2025 1593.4293305664105 -0.14 0.96
May 2025 1595.6327688763863 0.14 1.50
Jun 2025 1593.9564107020494 -0.10 1.56
Jul 2025 1581.2021683799207 -0.80 0.22
Aug 2025 1578.8080120024053 -0.15 -0.15
Sep 2025 1573.9667226618214 -0.31 -1.05
Oct 2025 1581.805214316923 0.50 -0.27
Nov 2025 1581.7788150943104 0.00 -0.42
Dec 2025 1574.5690248782769 -0.46 -1.81
Jan 2026 1576.3383157580631 0.11 -2.10
Feb 2026 1576.6859569738826 0.02 -1.46