Zip Code: 33131 (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 33131 Zip Code (Miami, Florida) in February 2026 was $3,805.657. The month over month percentage change (MoM) was 0.37%, and the year over year percentage change (YoY) was 1.97%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 33131 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 33131 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: 33131 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 33131 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 2347.476144226161 NaN NaN
Feb 2015 2360.7515196884483 0.57 NaN
Mar 2015 2381.9041550809166 0.90 NaN
Apr 2015 2382.1574341119945 0.01 NaN
May 2015 2386.6087468661135 0.19 NaN
Jun 2015 2377.0789361293346 -0.40 NaN
Jul 2015 2384.447120039852 0.31 NaN
Aug 2015 2386.511330810665 0.09 NaN
Sep 2015 2383.705363330031 -0.12 NaN
Oct 2015 2377.4173326898526 -0.26 NaN
Nov 2015 2381.515728043173 0.17 NaN
Dec 2015 2389.4583647146524 0.33 NaN
Jan 2016 2388.6395759395214 -0.03 1.75
Feb 2016 2384.540058597097 -0.17 1.01
Mar 2016 2372.8224627784034 -0.49 -0.38
Apr 2016 2372.0295992469128 -0.03 -0.42
May 2016 2367.5881628470515 -0.19 -0.80
Jun 2016 2365.0216270214587 -0.11 -0.51
Jul 2016 2358.8488548508176 -0.26 -1.07
Aug 2016 2345.6520127040626 -0.56 -1.71
Sep 2016 2333.343125607035 -0.52 -2.11
Oct 2016 2325.249337189586 -0.35 -2.19
Nov 2016 2317.7417488420188 -0.32 -2.68
Dec 2016 2307.158908001796 -0.46 -3.44
Jan 2017 2306.399399472556 -0.03 -3.44
Feb 2017 2307.1662189407125 0.03 -3.24
Mar 2017 2309.502921787731 0.10 -2.67
Apr 2017 2297.087765482113 -0.54 -3.16
May 2017 2289.905368235653 -0.31 -3.28
Jun 2017 2288.491069258656 -0.06 -3.24
Jul 2017 2293.4128235450044 0.22 -2.77
Aug 2017 2297.1225354069343 0.16 -2.07
Sep 2017 2296.4599835301015 -0.03 -1.58
Oct 2017 2291.2239250714174 -0.23 -1.46
Nov 2017 2292.140839858288 0.04 -1.10
Dec 2017 2292.8520952425124 0.03 -0.62
Jan 2018 2302.599563644963 0.43 -0.16
Feb 2018 2300.1005952312016 -0.11 -0.31
Mar 2018 2307.7324931536778 0.33 -0.08
Apr 2018 2309.1924655759394 0.06 0.53
May 2018 2321.748133637599 0.54 1.39
Jun 2018 2326.180945149156 0.19 1.65
Jul 2018 2333.210005822589 0.30 1.74
Aug 2018 2334.3765262708466 0.05 1.62
Sep 2018 2351.2800498751526 0.72 2.39
Oct 2018 2364.916093321977 0.58 3.22
Nov 2018 2366.267899565334 0.06 3.23
Dec 2018 2365.746613664456 -0.02 3.18
Jan 2019 2350.54494495895 -0.64 2.08
Feb 2019 2354.1758645819414 0.15 2.35
Mar 2019 2352.118776077223 -0.09 1.92
Apr 2019 2361.3757170707004 0.39 2.26
May 2019 2361.5049246167123 0.01 1.71
Jun 2019 2366.241386298636 0.20 1.72
Jul 2019 2367.349670582127 0.05 1.46
Aug 2019 2375.943249495207 0.36 1.78
Sep 2019 2375.7707596805744 -0.01 1.04
Oct 2019 2380.7377658374103 0.21 0.67
Nov 2019 2392.972077371543 0.51 1.13
Dec 2019 2408.5623528943124 0.65 1.81
Jan 2020 2430.7945744436993 0.92 3.41
Feb 2020 2446.0412860946585 0.63 3.90
Mar 2020 2433.830393437331 -0.50 3.47
Apr 2020 2389.7936739820993 -1.81 1.20
May 2020 2363.8270632048066 -1.09 0.10
Jun 2020 2354.7479256335996 -0.38 -0.49
Jul 2020 2365.734268577917 0.47 -0.07
Aug 2020 2359.596721694446 -0.26 -0.69
Sep 2020 2357.2192937002233 -0.10 -0.78
Oct 2020 2353.8263297708345 -0.14 -1.13
Nov 2020 2363.245161645136 0.40 -1.24
Dec 2020 2368.8621104920576 0.24 -1.65
Jan 2021 2392.500443520025 1.00 -1.57
Feb 2021 2435.945650109785 1.82 -0.41
Mar 2021 2515.3689135249106 3.26 3.35
Apr 2021 2618.57372454896 4.10 9.57
May 2021 2708.8633315743114 3.45 14.60
Jun 2021 2811.8278758541805 3.80 19.41
Jul 2021 2910.0523719122634 3.49 23.01
Aug 2021 3033.1128556429867 4.23 28.54
Sep 2021 3133.576171347755 3.31 32.94
Oct 2021 3264.4047008147363 4.18 38.69
Nov 2021 3362.4305329588215 3.00 42.28
Dec 2021 3464.6926397697 3.04 46.26
Jan 2022 3523.400632943555 1.69 47.27
Feb 2022 3602.4214881413227 2.24 47.89
Mar 2022 3644.497796270943 1.17 44.89
Apr 2022 3693.2061852471984 1.34 41.04
May 2022 3723.3449308671243 0.82 37.45
Jun 2022 3751.1867679726975 0.75 33.41
Jul 2022 3755.525272528265 0.12 29.05
Aug 2022 3751.2721842817973 -0.11 23.68
Sep 2022 3744.042743858882 -0.19 19.48
Oct 2022 3721.987163692241 -0.59 14.02
Nov 2022 3721.2237856782563 -0.02 10.67
Dec 2022 3733.49787703238 0.33 7.76
Jan 2023 3742.4882431474794 0.24 6.22
Feb 2023 3736.0149840365584 -0.17 3.71
Mar 2023 3735.2901481178314 -0.02 2.49
Apr 2023 3728.787037593632 -0.17 0.96
May 2023 3733.4454610357548 0.13 0.27
Jun 2023 3707.7088965574394 -0.69 -1.16
Jul 2023 3700.876784451529 -0.18 -1.45
Aug 2023 3693.109388875642 -0.21 -1.55
Sep 2023 3707.8323279118654 0.40 -0.97
Oct 2023 3719.5778080260393 0.32 -0.06
Nov 2023 3709.128671430905 -0.28 -0.32
Dec 2023 3706.518143477265 -0.07 -0.72
Jan 2024 3719.6075491906286 0.35 -0.61
Feb 2024 3734.5585073643338 0.40 -0.04
Mar 2024 3752.8875922740945 0.49 0.47
Apr 2024 3756.7887377090256 0.10 0.75
May 2024 3768.023803057521 0.30 0.93
Jun 2024 3756.039813454756 -0.32 1.30
Jul 2024 3743.8705085986962 -0.32 1.16
Aug 2024 3743.5967010066583 -0.01 1.37
Sep 2024 3755.4867126635295 0.32 1.29
Oct 2024 3758.326851063743 0.08 1.04
Nov 2024 3753.2567481563165 -0.13 1.19
Dec 2024 3744.2785331131436 -0.24 1.02
Jan 2025 3745.7778321139704 0.04 0.70
Feb 2025 3732.093650596125 -0.36 -0.07
Mar 2025 3722.5078301839967 -0.26 -0.81
Apr 2025 3723.1632600318544 0.02 -0.89
May 2025 3716.4853088854375 -0.18 -1.37
Jun 2025 3740.2667871009357 0.64 -0.42
Jul 2025 3759.527229882671 0.52 0.42
Aug 2025 3770.3940216963974 0.29 0.72
Sep 2025 3762.2546420354456 -0.22 0.18
Oct 2025 3764.0432428989543 0.05 0.15
Nov 2025 3779.297551371301 0.41 0.69
Dec 2025 3791.771753360757 0.33 1.27
Jan 2026 3791.581681298469 0.00 1.22
Feb 2026 3805.656704658201 0.37 1.97