Zip Code: 33127 (Miami, 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 33127 Zip Code (Miami, Florida) in February 2026 was $2,993.657. The month over month percentage change (MoM) was 0.63%, and the year over year percentage change (YoY) was 1.68%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 33127 zip code (Miami, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 33127 zip code (Miami, 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: 33127 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 33127 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 1769.2060884962057 Infinity Infinity
Jan 2020 1809.349265918026 2.27 Infinity
Feb 2020 1821.7974544832712 0.69 Infinity
Mar 2020 1807.0287425041356 -0.81 Infinity
Apr 2020 1790.1863356040365 -0.93 Infinity
May 2020 1814.1060414033989 1.34 Infinity
Jun 2020 1827.255626870682 0.73 Infinity
Jul 2020 1839.8923576228701 0.69 Infinity
Aug 2020 1855.0357149054316 0.82 Infinity
Sep 2020 1855.094758615172 0.00 Infinity
Oct 2020 1854.0376877702618 -0.06 Infinity
Nov 2020 1832.3198558850997 -1.17 Infinity
Dec 2020 1830.243136955114 -0.11 3.45
Jan 2021 1845.5141303835546 0.83 2.00
Feb 2021 1880.9631216618097 1.92 3.25
Mar 2021 1937.8859363919994 3.03 7.24
Apr 2021 1978.283586584118 2.09 10.51
May 2021 2017.732956501058 1.99 11.23
Jun 2021 2082.76621290249 3.22 13.98
Jul 2021 2121.761122796936 1.87 15.32
Aug 2021 2152.6782128652717 1.46 16.05
Sep 2021 2218.2151741907755 3.04 19.57
Oct 2021 2297.6113675140455 3.58 23.93
Nov 2021 2414.580288049337 5.09 31.78
Dec 2021 2463.801572250127 2.04 34.62
Jan 2022 2519.4228250904594 2.26 36.52
Feb 2022 2555.9686272310123 1.45 35.89
Mar 2022 2573.622057969999 0.69 32.81
Apr 2022 2604.4001995705544 1.20 31.65
May 2022 2625.6036592660926 0.81 30.13
Jun 2022 2638.196441289433 0.48 26.67
Jul 2022 2671.5089624670472 1.26 25.91
Aug 2022 2684.6789164849088 0.49 24.71
Sep 2022 2697.612959145004 0.48 21.61
Oct 2022 2728.0962202084934 1.13 18.74
Nov 2022 2727.731167030757 -0.01 12.97
Dec 2022 2769.513025607784 1.53 12.41
Jan 2023 2757.4195695626318 -0.44 9.45
Feb 2023 2782.2260005266976 0.90 8.85
Mar 2023 2785.856429532532 0.13 8.25
Apr 2023 2810.3547798063505 0.88 7.91
May 2023 2810.9568114591966 0.02 7.06
Jun 2023 2822.3827840826807 0.41 6.98
Jul 2023 2830.5428089237926 0.29 5.95
Aug 2023 2861.1376521955167 1.08 6.57
Sep 2023 2858.712785264283 -0.08 5.97
Oct 2023 2861.5719724224346 0.10 4.89
Nov 2023 2846.004859717262 -0.54 4.34
Dec 2023 2850.749892977608 0.17 2.93
Jan 2024 2815.3417140700803 -1.24 2.10
Feb 2024 2823.915667551915 0.31 1.50
Mar 2024 2826.608763395756 0.10 1.46
Apr 2024 2863.841614010416 1.32 1.90
May 2024 2862.741463711207 -0.04 1.84
Jun 2024 2866.9885113162313 0.15 1.58
Jul 2024 2871.711795706966 0.17 1.45
Aug 2024 2882.295073667299 0.37 0.74
Sep 2024 2896.5646300000553 0.50 1.32
Oct 2024 2885.263045715761 -0.39 0.83
Nov 2024 2915.4718441292966 1.05 2.44
Dec 2024 2916.291717710265 0.03 2.30
Jan 2025 2963.7798845259967 1.63 5.27
Feb 2025 2944.140789617609 -0.66 4.26
Mar 2025 2960.2397345223844 0.55 4.73
Apr 2025 2934.9477168082626 -0.85 2.48
May 2025 2952.468658514243 0.60 3.13
Jun 2025 2960.4441104368907 0.27 3.26
Jul 2025 2965.213722052138 0.16 3.26
Aug 2025 2958.1347343816356 -0.24 2.63
Sep 2025 2962.2006406067712 0.14 2.27
Oct 2025 2978.500038214709 0.55 3.23
Nov 2025 2975.807403746655 -0.09 2.07
Dec 2025 2978.662737288615 0.10 2.14
Jan 2026 2975.006434573568 -0.12 0.38
Feb 2026 2993.656684815487 0.63 1.68