Zip Code: 33177 (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 33177 Zip Code (Miami, Florida) in February 2026 was $2,656.43. The month over month percentage change (MoM) was -1.43%, and the year over year percentage change (YoY) was -0.04%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 33177 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 33177 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: 33177 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 33177 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1267.4088492993887 NaN NaN
Feb 2015 1270.3978016101523 0.24 NaN
Mar 2015 1274.7925323932484 0.35 NaN
Apr 2015 1284.5825576896787 0.77 NaN
May 2015 1282.8976989394569 -0.13 NaN
Jun 2015 1297.6215075693385 1.15 NaN
Jul 2015 1290.5588929888154 -0.54 NaN
Aug 2015 1287.3642681579838 -0.25 NaN
Sep 2015 1292.1428856094014 0.37 NaN
Oct 2015 1312.506986309912 1.58 NaN
Nov 2015 1361.6908254084308 3.75 NaN
Dec 2015 1392.9425139449474 2.30 NaN
Jan 2016 1388.8949210369626 -0.29 9.59
Feb 2016 1381.6626110406823 -0.52 8.76
Mar 2016 1365.2726980070356 -1.19 7.10
Apr 2016 1380.4793794094317 1.11 7.47
May 2016 1392.485454029225 0.87 8.54
Jun 2016 1395.8374355228423 0.24 7.57
Jul 2016 1398.3293938351621 0.18 8.35
Aug 2016 1397.7955567690174 -0.04 8.58
Sep 2016 1398.9419726500041 0.08 8.27
Oct 2016 1407.4012225711674 0.61 7.23
Nov 2016 1402.8034243662742 -0.33 3.02
Dec 2016 1387.473205297517 -1.09 -0.39
Jan 2017 1389.3837371753202 0.14 0.04
Feb 2017 1389.585305779806 0.02 0.57
Mar 2017 1419.8504932468081 2.18 4.00
Apr 2017 1405.7883402764717 -0.99 1.83
May 2017 1426.4077562019286 1.47 2.44
Jun 2017 1434.6931766588978 0.58 2.78
Jul 2017 1462.1270439944522 1.91 4.56
Aug 2017 1479.6845435695486 1.20 5.86
Sep 2017 1497.8702207489962 1.23 7.07
Oct 2017 1499.1037135388528 0.08 6.52
Nov 2017 1505.9991265545639 0.46 7.36
Dec 2017 1502.7692187694054 -0.21 8.31
Jan 2018 1526.8846951851162 1.61 9.90
Feb 2018 1516.6118248985078 -0.67 9.14
Mar 2018 1525.955631681994 0.62 7.47
Apr 2018 1521.6756982172028 -0.28 8.24
May 2018 1542.4194526600886 1.36 8.13
Jun 2018 1530.5915084599317 -0.77 6.68
Jul 2018 1541.7194232364898 0.73 5.44
Aug 2018 1570.912194335924 1.89 6.17
Sep 2018 1575.4751500166747 0.29 5.18
Oct 2018 1576.9656202818883 0.10 5.19
Nov 2018 1534.9730243318415 -2.66 1.92
Dec 2018 1548.418801366712 0.88 3.04
Jan 2019 1567.6271798375885 1.24 2.67
Feb 2019 1591.3476890318605 1.51 4.93
Mar 2019 1584.452823109921 -0.43 3.83
Apr 2019 1604.1244530896809 1.24 5.42
May 2019 1586.7372758804286 -1.08 2.87
Jun 2019 1601.8597457505296 0.95 4.66
Jul 2019 1589.532926787546 -0.77 3.10
Aug 2019 1568.764857392087 -1.31 -0.14
Sep 2019 1565.7752005392815 -0.19 -0.62
Oct 2019 1570.8662142801438 0.33 -0.39
Nov 2019 1606.6616905489213 2.28 4.67
Dec 2019 1607.5254863329626 0.05 3.82
Jan 2020 1586.622845814686 -1.30 1.21
Feb 2020 1578.6771613291012 -0.50 -0.80
Mar 2020 1615.4256924011584 2.33 1.96
Apr 2020 1651.9220767593465 2.26 2.98
May 2020 1641.8268429250763 -0.61 3.47
Jun 2020 1651.884945706601 0.61 3.12
Jul 2020 1655.1498798172204 0.20 4.13
Aug 2020 1662.0168333412473 0.42 5.94
Sep 2020 1663.2390840227526 0.07 6.23
Oct 2020 1682.0368044358347 1.13 7.08
Nov 2020 1705.3460033404983 1.39 6.14
Dec 2020 1711.2785021614566 0.35 6.45
Jan 2021 1711.8766310248316 0.04 7.89
Feb 2021 1743.3824285966575 1.84 10.43
Mar 2021 1779.485369867259 2.07 10.16
Apr 2021 1805.0715729520302 1.44 9.27
May 2021 1818.7736725793902 0.76 10.78
Jun 2021 1864.11982027147 2.49 12.85
Jul 2021 1937.7838826929835 3.95 17.08
Aug 2021 2057.012710365631 6.15 23.77
Sep 2021 2108.677799375043 2.51 26.78
Oct 2021 2156.3729960391165 2.26 28.20
Nov 2021 2166.166970337247 0.45 27.02
Dec 2021 2218.766823279453 2.43 29.66
Jan 2022 2255.922390480472 1.68 31.78
Feb 2022 2251.489130444115 -0.20 29.15
Mar 2022 2270.7829508422037 0.86 27.61
Apr 2022 2279.626126901702 0.39 26.29
May 2022 2363.444686989762 3.68 29.95
Jun 2022 2383.9872464963923 0.87 27.89
Jul 2022 2416.184372302881 1.35 24.69
Aug 2022 2388.599439805423 -1.14 16.12
Sep 2022 2423.305369885919 1.45 14.92
Oct 2022 2414.9682783237777 -0.34 11.99
Nov 2022 2453.7074578639777 1.60 13.27
Dec 2022 2461.9239155279197 0.34 10.96
Jan 2023 2474.230588524182 0.50 9.68
Feb 2023 2464.9571730995376 -0.37 9.48
Mar 2023 2486.9844414627614 0.89 9.52
Apr 2023 2527.067408325174 1.61 10.85
May 2023 2537.74762139835 0.42 7.38
Jun 2023 2513.5586313492317 -0.95 5.44
Jul 2023 2480.599930111083 -1.31 2.67
Aug 2023 2474.261078647066 -0.26 3.59
Sep 2023 2488.9371498725 0.59 2.71
Oct 2023 2522.065682934125 1.33 4.43
Nov 2023 2519.2015058586826 -0.11 2.67
Dec 2023 2524.69151358447 0.22 2.55
Jan 2024 2521.9379694138775 -0.11 1.93
Feb 2024 2566.6979213272634 1.78 4.13
Mar 2024 2561.9641939268586 -0.18 3.02
Apr 2024 2592.2886514267434 1.18 2.58
May 2024 2598.003139663908 0.22 2.37
Jun 2024 2593.570006426409 -0.17 3.18
Jul 2024 2609.679088892157 0.62 5.20
Aug 2024 2619.266817850355 0.37 5.86
Sep 2024 2654.9643873975765 1.36 6.67
Oct 2024 2611.008731816751 -1.66 3.53
Nov 2024 2596.202571561821 -0.57 3.06
Dec 2024 2573.3579233775245 -0.88 1.93
Jan 2025 2628.1648178268424 2.13 4.21
Feb 2025 2657.5308957911157 1.12 3.54
Mar 2025 2670.586321460733 0.49 4.24
Apr 2025 2649.046967846375 -0.81 2.19
May 2025 2643.108517959296 -0.22 1.74
Jun 2025 2672.4588227484137 1.11 3.04
Jul 2025 2685.434027088978 0.49 2.90
Aug 2025 2699.6749515302026 0.53 3.07
Sep 2025 2670.3855369647863 -1.08 0.58
Oct 2025 2699.7808872861824 1.10 3.40
Nov 2025 2714.676559942035 0.55 4.56
Dec 2025 2734.766881902218 0.74 6.27
Jan 2026 2694.98392833012 -1.45 2.54
Feb 2026 2656.4299463937623 -1.43 -0.04