Zip Code: 32907 (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 32907 Zip Code (Palm Bay, Florida) in February 2026 was $2,011.735. The month over month percentage change (MoM) was 0.46%, and the year over year percentage change (YoY) was 1.16%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 32907 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 32907 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: 32907 (Palm Bay, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 32907 (Palm Bay, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 962.0549692357679 NaN NaN
Feb 2015 969.4049585150834 0.76 NaN
Mar 2015 971.3730962381085 0.20 NaN
Apr 2015 979.0284158563696 0.79 NaN
May 2015 987.9641453160879 0.91 NaN
Jun 2015 1001.7145541913081 1.39 NaN
Jul 2015 1017.323832830347 1.56 NaN
Aug 2015 1028.6733023603845 1.12 NaN
Sep 2015 1034.7705826171282 0.59 NaN
Oct 2015 1034.0431008333824 -0.07 NaN
Nov 2015 1036.284597842845 0.22 NaN
Dec 2015 1037.6727578362504 0.13 NaN
Jan 2016 1055.1268606064232 1.68 9.67
Feb 2016 1071.1840532926253 1.52 10.50
Mar 2016 1074.5785718693282 0.32 10.63
Apr 2016 0 -100.00 -100.00
May 2016 1075.4886457530765 Infinity 8.86
Jun 2016 1092.2503342916837 1.56 9.04
Jul 2016 1093.1738881901529 0.09 7.46
Aug 2016 1104.736087789393 1.06 7.39
Sep 2016 1108.0274043351217 0.30 7.08
Oct 2016 1133.9382820124906 2.34 9.66
Nov 2016 1148.3307386349045 1.27 10.81
Dec 2016 1165.6731363587512 1.51 12.34
Jan 2017 1156.9957679757617 -0.74 9.65
Feb 2017 1156.188563999598 -0.07 7.94
Mar 2017 1165.9226959714904 0.84 8.50
Apr 2017 1176.3668715803735 0.90 Infinity
May 2017 1183.702224277582 0.62 10.06
Jun 2017 1178.6849775202638 -0.42 7.91
Jul 2017 1191.187715517406 1.06 8.97
Aug 2017 1193.2294007378512 0.17 8.01
Sep 2017 1200.4818548072296 0.61 8.34
Oct 2017 1201.4352442273487 0.08 5.95
Nov 2017 1205.5336919017197 0.34 4.98
Dec 2017 1214.2698723419912 0.73 4.17
Jan 2018 1228.4124565547186 1.17 6.17
Feb 2018 1244.188094840854 1.28 7.61
Mar 2018 1252.8445720498607 0.70 7.46
Apr 2018 1246.0927250910768 -0.54 5.93
May 2018 1254.6523813651481 0.69 5.99
Jun 2018 1258.9453805495568 0.34 6.81
Jul 2018 1275.5825756660267 1.32 7.09
Aug 2018 1290.8071043432826 1.19 8.18
Sep 2018 1297.9912762687775 0.56 8.12
Oct 2018 1294.1773493367868 -0.29 7.72
Nov 2018 1289.3844730189078 -0.37 6.96
Dec 2018 1298.9866784639546 0.75 6.98
Jan 2019 1300.408522908427 0.11 5.86
Feb 2019 1306.0802680451231 0.44 4.97
Mar 2019 1309.19747569704 0.24 4.50
Apr 2019 1323.7113780807724 1.11 6.23
May 2019 1328.3124723698463 0.35 5.87
Jun 2019 1337.7898681542579 0.71 6.26
Jul 2019 1331.4891718997694 -0.47 4.38
Aug 2019 1329.0092387783548 -0.19 2.96
Sep 2019 1332.0347812083921 0.23 2.62
Oct 2019 1341.3940768196787 0.70 3.65
Nov 2019 1352.237665545877 0.81 4.88
Dec 2019 1348.3683183544322 -0.29 3.80
Jan 2020 1352.863839557442 0.33 4.03
Feb 2020 1351.151110344669 -0.13 3.45
Mar 2020 1377.1133549703197 1.92 5.19
Apr 2020 1381.5983347020926 0.33 4.37
May 2020 1394.42363824728 0.93 4.98
Jun 2020 1403.853434484092 0.68 4.94
Jul 2020 1404.7650028465227 0.07 5.50
Aug 2020 1419.1043566062576 1.02 6.78
Sep 2020 0 -100.00 -100.00
Oct 2020 1445.3782014555911 Infinity 7.75
Nov 2020 1448.90092624244 0.24 7.15
Dec 2020 1473.6947157793122 1.71 9.30
Jan 2021 1492.6486259972448 1.29 10.33
Feb 2021 1519.7551034650846 1.82 12.48
Mar 2021 1509.0477481747384 -0.70 9.58
Apr 2021 1531.272028639984 1.47 10.83
May 2021 1552.093847375446 1.36 11.31
Jun 2021 1575.8355726072934 1.53 12.25
Jul 2021 1613.3889499749337 2.38 14.85
Aug 2021 1640.6066644343175 1.69 15.61
Sep 2021 0 -100.00 NaN
Oct 2021 1749.0246243593026 Infinity 21.01
Nov 2021 1810.6672272968315 3.52 24.97
Dec 2021 0 -100.00 -100.00
Jan 2022 1816.8415653407783 Infinity 21.72
Feb 2022 1811.166621095552 -0.31 19.18
Mar 2022 1838.5478433103362 1.51 21.84
Apr 2022 1830.7215405837283 -0.43 19.56
May 2022 1845.961170946592 0.83 18.93
Jun 2022 1861.1465559977842 0.82 18.11
Jul 2022 1900.2111609422752 2.10 17.78
Aug 2022 1912.677391432499 0.66 16.58
Sep 2022 1912.4257835970338 -0.01 Infinity
Oct 2022 1898.7164992830185 -0.72 8.56
Nov 2022 1876.4908132179887 -1.17 3.64
Dec 2022 1871.347055397318 -0.27 Infinity
Jan 2023 1886.9743923672534 0.84 3.86
Feb 2023 1917.8748451366635 1.64 5.89
Mar 2023 1940.8837885203225 1.20 5.57
Apr 2023 1953.3942702747543 0.65 6.70
May 2023 1951.0713479802419 -0.12 5.69
Jun 2023 1944.0448137855149 -0.36 4.45
Jul 2023 1930.0805941796566 -0.72 1.57
Aug 2023 1938.8872716192056 0.46 1.37
Sep 2023 1909.2031590747708 -1.53 -0.17
Oct 2023 1908.962819016446 -0.01 0.54
Nov 2023 1904.7540977534786 -0.22 1.51
Dec 2023 1922.5259728635049 0.93 2.74
Jan 2024 1931.4867972354377 0.47 2.36
Feb 2024 1922.201112971456 -0.48 0.23
Mar 2024 1921.0690259078292 -0.06 -1.02
Apr 2024 1938.1652552215721 0.89 -0.78
May 2024 1949.838458116446 0.60 -0.06
Jun 2024 1960.7133424955273 0.56 0.86
Jul 2024 1956.0914617693677 -0.24 1.35
Aug 2024 1962.4357062972274 0.32 1.22
Sep 2024 1977.138636950927 0.75 3.56
Oct 2024 1972.148774260611 -0.25 3.31
Nov 2024 1977.361612287097 0.26 3.81
Dec 2024 1985.8036838182074 0.43 3.29
Jan 2025 1992.8919778122252 0.36 3.18
Feb 2025 1988.7702356389048 -0.21 3.46
Mar 2025 1983.7481723953324 -0.25 3.26
Apr 2025 1975.520872849124 -0.41 1.93
May 2025 1973.91699710424 -0.08 1.24
Jun 2025 1974.930944631711 0.05 0.73
Jul 2025 1985.6138215218468 0.54 1.51
Aug 2025 1982.578452740723 -0.15 1.03
Sep 2025 1992.589890068358 0.51 0.78
Oct 2025 2005.9505338779954 0.67 1.71
Nov 2025 2014.4924229519224 0.43 1.88
Dec 2025 2007.7389111458558 -0.33 1.11
Jan 2026 2002.5005715215948 -0.26 0.48
Feb 2026 2011.7348484848487 0.46 1.16