Zip Code: 33407 (West Palm Beach, 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 33407 Zip Code (West Palm Beach, Florida) in February 2026 was $2,241.088. The month over month percentage change (MoM) was -0.38%, and the year over year percentage change (YoY) was -0.43%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 33407 zip code (West Palm Beach, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 33407 zip code (West Palm Beach, 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: 33407 (West Palm Beach, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 33407 (West Palm Beach, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 975.3730991224728 NaN NaN
Feb 2015 992.034166384104 1.71 NaN
Mar 2015 1011.0578928642556 1.92 NaN
Apr 2015 1026.4461200186954 1.52 NaN
May 2015 1033.205269715965 0.66 NaN
Jun 2015 1048.9148128643865 1.52 NaN
Jul 2015 1043.4870596308563 -0.52 NaN
Aug 2015 1049.6901828668701 0.59 NaN
Sep 2015 1047.2160567310864 -0.24 NaN
Oct 2015 1053.4288636110043 0.59 NaN
Nov 2015 1069.5286560270106 1.53 NaN
Dec 2015 1080.9073203341027 1.06 NaN
Jan 2016 1086.7674802106249 0.54 11.42
Feb 2016 1062.1556909777732 -2.26 7.07
Mar 2016 1063.7928723890805 0.15 5.22
Apr 2016 1080.0325454606166 1.53 5.22
May 2016 1094.224905808271 1.31 5.91
Jun 2016 1089.0337797639975 -0.47 3.83
Jul 2016 1086.8230897760147 -0.20 4.15
Aug 2016 1083.2045602791188 -0.33 3.19
Sep 2016 1089.3931510150237 0.57 4.03
Oct 2016 1091.7302156562212 0.22 3.64
Nov 2016 1091.8358928955336 0.01 2.09
Dec 2016 1103.6875971233849 1.09 2.11
Jan 2017 1120.9142960544305 1.56 3.14
Feb 2017 1143.2943443042675 2.00 7.64
Mar 2017 1144.160202974665 0.08 7.56
Apr 2017 1123.86810752837 -1.77 4.06
May 2017 1116.6506453755653 -0.64 2.05
Jun 2017 1120.7705586525205 0.37 2.91
Jul 2017 1139.7120520291007 1.69 4.87
Aug 2017 1155.193784913593 1.36 6.65
Sep 2017 1161.269129501042 0.53 6.60
Oct 2017 1166.392297486073 0.44 6.84
Nov 2017 1167.8749321577723 0.13 6.96
Dec 2017 1172.6207160455633 0.41 6.25
Jan 2018 1177.5697449942131 0.42 5.05
Feb 2018 1193.0278073067295 1.31 4.35
Mar 2018 1186.353067282351 -0.56 3.69
Apr 2018 1200.885687574164 1.23 6.85
May 2018 1208.0413767055902 0.60 8.18
Jun 2018 1230.4909132882103 1.86 9.79
Jul 2018 1223.7294978778627 -0.55 7.37
Aug 2018 1220.1350165494098 -0.29 5.62
Sep 2018 1220.1956697950857 0.01 5.07
Oct 2018 1221.7478591443057 0.13 4.75
Nov 2018 1236.5662311770411 1.21 5.88
Dec 2018 1227.8502356466836 -0.70 4.71
Jan 2019 1231.9202319622098 0.33 4.62
Feb 2019 1230.97102603683 -0.08 3.18
Mar 2019 1246.0094140172052 1.22 5.03
Apr 2019 1251.8349918982738 0.47 4.24
May 2019 1257.4878379357936 0.45 4.09
Jun 2019 1248.8795124737644 -0.68 1.49
Jul 2019 1254.7460516169722 0.47 2.54
Aug 2019 1259.7625779678438 0.40 3.25
Sep 2019 1264.5096224226045 0.38 3.63
Oct 2019 1268.883381059865 0.35 3.86
Nov 2019 1264.6012856711636 -0.34 2.27
Dec 2019 1274.0097317731554 0.74 3.76
Jan 2020 1272.1838290727023 -0.14 3.27
Feb 2020 1268.4812963040977 -0.29 3.05
Mar 2020 1277.962488251606 0.75 2.56
Apr 2020 1282.0687953896118 0.32 2.42
May 2020 1282.834190616962 0.06 2.02
Jun 2020 1290.0628380106978 0.56 3.30
Jul 2020 1314.7434208389986 1.91 4.78
Aug 2020 1346.100631200253 2.38 6.85
Sep 2020 1349.3009990072428 0.24 6.71
Oct 2020 1362.2191210403942 0.96 7.36
Nov 2020 1343.9683642050993 -1.34 6.28
Dec 2020 1354.8330834350604 0.81 6.34
Jan 2021 1372.3730886056596 1.30 7.88
Feb 2021 1404.8307625916293 2.37 10.75
Mar 2021 1425.0620077643262 1.44 11.51
Apr 2021 0 -100.00 -100.00
May 2021 1464.0952454561955 Infinity 14.13
Jun 2021 1490.3203382715658 1.79 15.52
Jul 2021 1497.645971896154 0.49 13.91
Aug 2021 1525.5075235483675 1.86 13.33
Sep 2021 1575.7523316486745 3.29 16.78
Oct 2021 1618.2797212499368 2.70 18.80
Nov 2021 1736.1231525466117 7.28 29.18
Dec 2021 1786.5111577239616 2.90 31.86
Jan 2022 1885.1695588972075 5.52 37.37
Feb 2022 1876.0880060287705 -0.48 33.55
Mar 2022 1908.5926545602329 1.73 33.93
Apr 2022 1993.809644936897 4.47 Infinity
May 2022 2050.3194034250723 2.83 40.04
Jun 2022 2127.3914536963484 3.76 42.75
Jul 2022 2123.041877363499 -0.20 41.76
Aug 2022 2123.3463401991053 0.01 39.19
Sep 2022 2128.0713799354357 0.22 35.05
Oct 2022 2137.0366388397633 0.42 32.06
Nov 2022 2117.5459997914213 -0.91 21.97
Dec 2022 2101.5272236065334 -0.76 17.63
Jan 2023 2066.140801704157 -1.68 9.60
Feb 2023 2090.760528375846 1.19 11.44
Mar 2023 2123.6674317096845 1.57 11.27
Apr 2023 2145.138765915025 1.01 7.59
May 2023 2137.56458136526 -0.35 4.26
Jun 2023 2113.78666343618 -1.11 -0.64
Jul 2023 2143.73660762907 1.42 0.98
Aug 2023 2159.550246945639 0.74 1.71
Sep 2023 2175.1587402108285 0.72 2.21
Oct 2023 2168.89666626768 -0.29 1.49
Nov 2023 2153.741603819502 -0.70 1.71
Dec 2023 2168.398976582713 0.68 3.18
Jan 2024 2172.974825005177 0.21 5.17
Feb 2024 2192.8159007499576 0.91 4.88
Mar 2024 2215.796974260429 1.05 4.34
Apr 2024 2189.947487003832 -1.17 2.09
May 2024 2185.284004464883 -0.21 2.23
Jun 2024 2147.9509978399624 -1.71 1.62
Jul 2024 2147.031501776582 -0.04 0.15
Aug 2024 2162.4409926713715 0.72 0.13
Sep 2024 2190.1784493282375 1.28 0.69
Oct 2024 2241.3144173424334 2.34 3.34
Nov 2024 2266.4701992918594 1.12 5.23
Dec 2024 2286.2085134924123 0.87 5.43
Jan 2025 2254.240570406816 -1.40 3.74
Feb 2025 2250.8515272004 -0.15 2.65
Mar 2025 2231.0950822071427 -0.88 0.69
Apr 2025 2241.5869586666113 0.47 2.36
May 2025 2254.3551686078795 0.57 3.16
Jun 2025 2295.1926421275016 1.81 6.86
Jul 2025 2297.1130986746534 0.08 6.99
Aug 2025 2289.6110541815397 -0.33 5.88
Sep 2025 2268.6420788708538 -0.92 3.58
Oct 2025 2238.2028842031386 -1.34 -0.14
Nov 2025 2233.963334002611 -0.19 -1.43
Dec 2025 2219.8843664815736 -0.63 -2.90
Jan 2026 2249.6201398790713 1.34 -0.20
Feb 2026 2241.0879984844178 -0.38 -0.43