Zip Code: 33128 (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 33128 Zip Code (Miami, Florida) in February 2026 was $2,453.565. The month over month percentage change (MoM) was -0.43%, and the year over year percentage change (YoY) was -2.36%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 33128 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 33128 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: 33128 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 33128 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 0 NaN NaN
Oct 2021 0 NaN NaN
Nov 2021 0 NaN NaN
Dec 2021 0 NaN NaN
Jan 2022 0 NaN NaN
Feb 2022 2504.3857070531863 Infinity Infinity
Mar 2022 2418.845996868781 -3.42 Infinity
Apr 2022 2362.145210826415 -2.34 Infinity
May 2022 2451.22159192821 3.77 Infinity
Jun 2022 2507.03397778549 2.28 Infinity
Jul 2022 2514.4027128314337 0.29 Infinity
Aug 2022 2501.261354820985 -0.52 Infinity
Sep 2022 2504.0236349503057 0.11 Infinity
Oct 2022 2498.0007423699885 -0.24 Infinity
Nov 2022 2482.626554980681 -0.61 Infinity
Dec 2022 2424.5660707133 -2.34 Infinity
Jan 2023 2412.324026716478 -0.50 Infinity
Feb 2023 2445.601217845635 1.38 -2.35
Mar 2023 2483.6828361401904 1.56 2.68
Apr 2023 2499.9813415374915 0.66 5.84
May 2023 2495.8129218158783 -0.17 1.82
Jun 2023 2484.0534311079673 -0.47 -0.92
Jul 2023 2492.7686048925734 0.35 -0.86
Aug 2023 2453.4292199803085 -1.58 -1.91
Sep 2023 2461.7807452126876 0.34 -1.69
Oct 2023 2445.013500530647 -0.68 -2.12
Nov 2023 2446.243496850923 0.05 -1.47
Dec 2023 2438.6992723043377 -0.31 0.58
Jan 2024 2449.262423909369 0.43 1.53
Feb 2024 2476.5279097840134 1.11 1.26
Mar 2024 2519.6945477836653 1.74 1.45
Apr 2024 2549.448097255193 1.18 1.98
May 2024 2547.844778392627 -0.06 2.09
Jun 2024 2529.4995298678054 -0.72 1.83
Jul 2024 2490.210546940679 -1.55 -0.10
Aug 2024 2513.4068927632447 0.93 2.44
Sep 2024 2536.664108958121 0.93 3.04
Oct 2024 2567.8209647561735 1.23 5.02
Nov 2024 2551.2501081723267 -0.64 4.29
Dec 2024 2544.431756882683 -0.27 4.34
Jan 2025 2533.143100088147 -0.44 3.43
Feb 2025 2512.947368282489 -0.80 1.47
Mar 2025 2483.9487154494464 -1.15 -1.42
Apr 2025 2469.765502031087 -0.57 -3.12
May 2025 2460.4439023616537 -0.38 -3.43
Jun 2025 2470.5952842668203 0.41 -2.33
Jul 2025 2493.721714004208 0.94 0.14
Aug 2025 2495.4637442962494 0.07 -0.71
Sep 2025 2471.133546335544 -0.97 -2.58
Oct 2025 2452.184407105912 -0.77 -4.50
Nov 2025 2458.627209574762 0.26 -3.63
Dec 2025 2467.252590585602 0.35 -3.03
Jan 2026 2464.204630948408 -0.12 -2.72
Feb 2026 2453.56507936508 -0.43 -2.36