Zip Code: 33137 (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 33137 Zip Code (Miami, Florida) in February 2026 was $3,517.478. The month over month percentage change (MoM) was 0.28%, and the year over year percentage change (YoY) was 2.73%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 33137 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 33137 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: 33137 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 33137 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1894.9556273756027 NaN NaN
Feb 2015 1900.082796016043 0.27 NaN
Mar 2015 1918.2631956174346 0.96 NaN
Apr 2015 1922.9482847707018 0.24 NaN
May 2015 1927.2292166271068 0.22 NaN
Jun 2015 1920.7719274109304 -0.33 NaN
Jul 2015 1926.0783965435623 0.28 NaN
Aug 2015 1953.4105172298723 1.42 NaN
Sep 2015 1940.3152555199822 -0.67 NaN
Oct 2015 1950.7819748645427 0.54 NaN
Nov 2015 1964.703892983406 0.71 NaN
Dec 2015 1994.097133657606 1.50 NaN
Jan 2016 2007.0226437715012 0.65 5.91
Feb 2016 2025.9654780054962 0.94 6.63
Mar 2016 2031.1333925508368 0.26 5.88
Apr 2016 2016.4477256887074 -0.72 4.86
May 2016 1994.3754973414 -1.09 3.48
Jun 2016 2002.7889266135646 0.42 4.27
Jul 2016 2009.278418769389 0.32 4.32
Aug 2016 2005.5477025395276 -0.19 2.67
Sep 2016 1993.8608785075326 -0.58 2.76
Oct 2016 2002.5799411465655 0.44 2.66
Nov 2016 1995.1185558892573 -0.37 1.55
Dec 2016 1980.02318164087 -0.76 -0.71
Jan 2017 1971.411247957265 -0.43 -1.77
Feb 2017 1972.3651557159133 0.05 -2.65
Mar 2017 1976.314537725486 0.20 -2.70
Apr 2017 1973.8146386290205 -0.13 -2.11
May 2017 1974.5577066837907 0.04 -0.99
Jun 2017 1970.0220611452116 -0.23 -1.64
Jul 2017 1981.576196871459 0.59 -1.38
Aug 2017 1992.9949461777285 0.58 -0.63
Sep 2017 2006.3248066802396 0.67 0.63
Oct 2017 1995.4215278377264 -0.54 -0.36
Nov 2017 1974.9633980990475 -1.02 -1.01
Dec 2017 1997.204140225539 1.13 0.87
Jan 2018 2016.700706263543 0.98 2.30
Feb 2018 2037.6800376534577 1.04 3.31
Mar 2018 2017.4443876461237 -0.99 2.08
Apr 2018 2014.7391446314975 -0.13 2.07
May 2018 2005.655702605125 -0.45 1.58
Jun 2018 2026.3023215129062 1.03 2.86
Jul 2018 2028.0731543279587 0.09 2.35
Aug 2018 2033.6168294441088 0.27 2.04
Sep 2018 2036.8381863640716 0.16 1.52
Oct 2018 2042.2550353930874 0.27 2.35
Nov 2018 2059.6540890399424 0.85 4.29
Dec 2018 2039.1671968925864 -0.99 2.10
Jan 2019 2046.3684261121123 0.35 1.47
Feb 2019 2025.7377802432727 -1.01 -0.59
Mar 2019 2045.580505957099 0.98 1.40
Apr 2019 2060.44232206724 0.73 2.27
May 2019 2081.17911690144 1.01 3.77
Jun 2019 2076.9942355309086 -0.20 2.50
Jul 2019 2080.869128693881 0.19 2.60
Aug 2019 2084.399503392469 0.17 2.50
Sep 2019 2092.9531714747995 0.41 2.76
Oct 2019 2108.3635056608937 0.74 3.24
Nov 2019 2124.0174978635423 0.74 3.13
Dec 2019 2150.7260695034543 1.26 5.47
Jan 2020 2158.554575711662 0.36 5.48
Feb 2020 2187.4171036232387 1.34 7.98
Mar 2020 2169.573180481706 -0.82 6.06
Apr 2020 2156.0233830748616 -0.62 4.64
May 2020 2133.4998662825187 -1.04 2.51
Jun 2020 2111.3026990850917 -1.04 1.65
Jul 2020 2102.687456676615 -0.41 1.05
Aug 2020 2106.4771833699465 0.18 1.06
Sep 2020 2108.048388954514 0.08 0.72
Oct 2020 2128.0201217692756 0.95 0.93
Nov 2020 2134.316453582887 0.30 0.49
Dec 2020 2163.1057563320214 1.35 0.58
Jan 2021 2211.6230638835705 2.24 2.46
Feb 2021 2270.212326681123 2.65 3.79
Mar 2021 2315.3705268815606 1.99 6.72
Apr 2021 2390.22653974715 3.23 10.86
May 2021 2458.248744522271 2.85 15.22
Jun 2021 2555.556748825229 3.96 21.04
Jul 2021 2636.828713335652 3.18 25.40
Aug 2021 2708.07010800421 2.70 28.56
Sep 2021 2772.3165775417224 2.37 31.51
Oct 2021 2848.0193278472075 2.73 33.83
Nov 2021 2926.4445236170027 2.75 37.11
Dec 2021 3000.654238209499 2.54 38.72
Jan 2022 3042.38456153415 1.39 37.56
Feb 2022 3089.5163435067498 1.55 36.09
Mar 2022 3132.3395787572895 1.39 35.28
Apr 2022 3161.2996709096087 0.93 32.26
May 2022 3220.3330778287273 1.87 31.00
Jun 2022 3254.547596561929 1.06 27.35
Jul 2022 3288.4478407850934 1.04 24.71
Aug 2022 3302.26749378726 0.42 21.94
Sep 2022 3310.124572924645 0.24 19.40
Oct 2022 3313.959272388451 0.12 16.36
Nov 2022 3306.1666203027294 -0.23 12.98
Dec 2022 3314.283640617082 0.25 10.45
Jan 2023 3315.6427619067786 0.04 8.98
Feb 2023 3312.0321036628825 -0.11 7.20
Mar 2023 3302.0140116764296 -0.30 5.42
Apr 2023 3301.1478272233367 -0.03 4.42
May 2023 3278.7565067299743 -0.68 1.81
Jun 2023 3272.4558720014843 -0.19 0.55
Jul 2023 3261.0538205256184 -0.35 -0.83
Aug 2023 3277.486972140435 0.50 -0.75
Sep 2023 3309.9117372287465 0.99 -0.01
Oct 2023 3313.7209375050265 0.12 -0.01
Nov 2023 3329.7515005453897 0.48 0.71
Dec 2023 3314.529550083684 -0.46 0.01
Jan 2024 3329.403154363894 0.45 0.42
Feb 2024 3339.122735234429 0.29 0.82
Mar 2024 3353.7026735920404 0.44 1.57
Apr 2024 3361.967584215015 0.25 1.84
May 2024 3365.1601799085865 0.10 2.64
Jun 2024 3366.0403213378577 0.03 2.86
Jul 2024 3382.65221967225 0.49 3.73
Aug 2024 3400.177588376947 0.52 3.74
Sep 2024 3394.625542970034 -0.16 2.56
Oct 2024 3397.878692329253 0.10 2.54
Nov 2024 3394.5975142902726 -0.10 1.95
Dec 2024 3414.626535072958 0.59 3.02
Jan 2025 3420.7311419572566 0.18 2.74
Feb 2025 3423.9779096393636 0.10 2.54
Mar 2025 3431.984571850244 0.23 2.33
Apr 2025 3440.9182131779735 0.26 2.35
May 2025 3457.0140458459327 0.47 2.73
Jun 2025 3470.4821535501296 0.39 3.10
Jul 2025 3474.354100180021 0.11 2.71
Aug 2025 3467.7550453811596 -0.19 1.99
Sep 2025 3471.9265498981117 0.12 2.28
Oct 2025 3483.6444874248996 0.34 2.52
Nov 2025 3496.154050739183 0.36 2.99
Dec 2025 3502.748666382784 0.19 2.58
Jan 2026 3507.5009187913006 0.14 2.54
Feb 2026 3517.478257930786 0.28 2.73