Zip Code: 32909 (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 32909 Zip Code (Palm Bay, Florida) in February 2026 was $1,933.727. The month over month percentage change (MoM) was 0.33%, and the year over year percentage change (YoY) was 1.77%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 32909 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 32909 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: 32909 (Palm Bay, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 32909 (Palm Bay, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 992.1873588235121 Infinity Infinity
Mar 2016 984.6334192594484 -0.76 Infinity
Apr 2016 993.0840087994035 0.86 Infinity
May 2016 1002.2203587610531 0.92 Infinity
Jun 2016 1010.9364632748237 0.87 Infinity
Jul 2016 1018.295349666577 0.73 Infinity
Aug 2016 1025.7494402906261 0.73 Infinity
Sep 2016 0 -100.00 NaN
Oct 2016 1049.8513205730906 Infinity Infinity
Nov 2016 1066.1257151059338 1.55 Infinity
Dec 2016 1051.8299521050735 -1.34 Infinity
Jan 2017 1070.4040380911133 1.77 Infinity
Feb 2017 1082.6262781081123 1.14 9.12
Mar 2017 1105.8445281368136 2.15 12.31
Apr 2017 1113.173974204609 0.66 12.09
May 2017 1108.5131282697428 -0.42 10.61
Jun 2017 1110.3743914747558 0.17 9.84
Jul 2017 1106.7274836627903 -0.33 8.68
Aug 2017 1106.5463407562354 -0.02 7.88
Sep 2017 1103.3002846342508 -0.29 Infinity
Oct 2017 1120.1856845053856 1.53 6.70
Nov 2017 1136.2099357226268 1.43 6.57
Dec 2017 1161.0702439206423 2.19 10.39
Jan 2018 1162.20174860462 0.10 8.58
Feb 2018 1160.0291513488246 -0.19 7.15
Mar 2018 1159.6920094689099 -0.03 4.87
Apr 2018 1169.8026351069784 0.87 5.09
May 2018 1189.928810452063 1.72 7.35
Jun 2018 1201.0805347145986 0.94 8.17
Jul 2018 1202.9443082179475 0.16 8.69
Aug 2018 1206.8254870383093 0.32 9.06
Sep 2018 1201.1075802077198 -0.47 8.87
Oct 2018 1204.460643947652 0.28 7.52
Nov 2018 1202.0116940452165 -0.20 5.79
Dec 2018 1210.4468029921788 0.70 4.25
Jan 2019 1211.5493725748393 0.09 4.25
Feb 2019 1232.3238874587348 1.72 6.23
Mar 2019 1238.111776086024 0.47 6.76
Apr 2019 1240.7423515265716 0.21 6.06
May 2019 1240.4442429238688 -0.02 4.25
Jun 2019 1244.0189121810854 0.29 3.58
Jul 2019 1256.97220263206 1.04 4.49
Aug 2019 1266.62627218343 0.77 4.96
Sep 2019 1281.049786552447 1.14 6.66
Oct 2019 1282.8786778588176 0.14 6.51
Nov 2019 1286.303262990617 0.27 7.01
Dec 2019 1282.1953031937687 -0.32 5.93
Jan 2020 1288.8612267138074 0.52 6.38
Feb 2020 1282.0663105904864 -0.53 4.04
Mar 2020 1287.7477475805485 0.44 4.01
Apr 2020 1283.8444108198214 -0.30 3.47
May 2020 1290.91330778663 0.55 4.07
Jun 2020 1298.9010628651808 0.62 4.41
Jul 2020 1314.236832407433 1.18 4.56
Aug 2020 1313.2078288450718 -0.08 3.68
Sep 2020 1294.1710611927044 -1.45 1.02
Oct 2020 1314.0419661964452 1.54 2.43
Nov 2020 1346.1421796999143 2.44 4.65
Dec 2020 1390.6773526894278 3.31 8.46
Jan 2021 1404.2807325174379 0.98 8.96
Feb 2021 1415.147048672447 0.77 10.38
Mar 2021 1423.2226542103328 0.57 10.52
Apr 2021 1432.2187782415008 0.63 11.56
May 2021 1459.1385445464844 1.88 13.03
Jun 2021 1481.6109195965687 1.54 14.07
Jul 2021 1511.8987297953643 2.04 15.04
Aug 2021 1557.5564562647464 3.02 18.61
Sep 2021 1600.1295511982596 2.73 23.64
Oct 2021 1617.5763372765696 1.09 23.10
Nov 2021 1645.4132942602844 1.72 22.23
Dec 2021 1659.716642662159 0.87 19.35
Jan 2022 1693.951258307548 2.06 20.63
Feb 2022 1697.3118560182475 0.20 19.94
Mar 2022 1729.6620395990776 1.91 21.53
Apr 2022 1763.6271872296495 1.96 23.14
May 2022 1773.7612115730024 0.57 21.56
Jun 2022 1788.9764338722396 0.86 20.75
Jul 2022 1796.7767270848096 0.44 18.84
Aug 2022 1805.5324871644048 0.49 15.92
Sep 2022 1822.1237578782802 0.92 13.87
Oct 2022 1844.2785078302145 1.22 14.02
Nov 2022 1840.681348110048 -0.19 11.87
Dec 2022 1830.3414315438772 -0.56 10.28
Jan 2023 1813.9803950163764 -0.89 7.09
Feb 2023 1834.4595018395385 1.13 8.08
Mar 2023 1848.494242991951 0.77 6.87
Apr 2023 1845.349628641797 -0.17 4.63
May 2023 1846.95550321468 0.09 4.13
Jun 2023 1848.0279720028461 0.06 3.30
Jul 2023 1850.830875641661 0.15 3.01
Aug 2023 1842.697120883955 -0.44 2.06
Sep 2023 1836.163686598089 -0.35 0.77
Oct 2023 1831.4664645282828 -0.26 -0.69
Nov 2023 1837.0807643185874 0.31 -0.20
Dec 2023 1839.4003815251206 0.13 0.50
Jan 2024 1849.72180974763 0.56 1.97
Feb 2024 1849.0305296361314 -0.04 0.79
Mar 2024 1856.179463901231 0.39 0.42
Apr 2024 1857.2548547401595 0.06 0.65
May 2024 1867.4234072542956 0.55 1.11
Jun 2024 1861.6031585333321 -0.31 0.74
Jul 2024 1865.3409636613317 0.20 0.78
Aug 2024 1864.4073601318864 -0.05 1.18
Sep 2024 1880.391027471121 0.86 2.41
Oct 2024 1884.5955980628423 0.22 2.90
Nov 2024 1892.883353506003 0.44 3.04
Dec 2024 1907.217724003643 0.76 3.69
Jan 2025 1902.3765886213232 -0.25 2.85
Feb 2025 1900.0381367359128 -0.12 2.76
Mar 2025 1892.3726229031586 -0.40 1.95
Apr 2025 1896.775657215147 0.23 2.13
May 2025 1896.1064749673264 -0.04 1.54
Jun 2025 1906.6674384585156 0.56 2.42
Jul 2025 1910.115010654825 0.18 2.40
Aug 2025 1921.250620338942 0.58 3.05
Sep 2025 1916.6789341148888 -0.24 1.93
Oct 2025 1919.9590781838638 0.17 1.88
Nov 2025 1919.6872867966226 -0.01 1.42
Dec 2025 1918.0278204870503 -0.09 0.57
Jan 2026 1927.3417451891628 0.49 1.31
Feb 2026 1933.7271528494439 0.33 1.77