Zip Code: 33914 (Cape Coral, 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 33914 Zip Code (Cape Coral, Florida) in February 2026 was $1,829.485. The month over month percentage change (MoM) was -0.38%, and the year over year percentage change (YoY) was -5.26%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 33914 zip code (Cape Coral, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 33914 zip code (Cape Coral, 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: 33914 (Cape Coral, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 33914 (Cape Coral, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 919.5264130755057 NaN NaN
Feb 2015 931.4725938423023 1.30 NaN
Mar 2015 918.4172105162347 -1.40 NaN
Apr 2015 946.5121930976358 3.06 NaN
May 2015 961.3219817291749 1.57 NaN
Jun 2015 991.2948783474599 3.12 NaN
Jul 2015 1004.6557092303192 1.35 NaN
Aug 2015 1005.8549090995373 0.12 NaN
Sep 2015 1002.8585468516545 -0.30 NaN
Oct 2015 1013.4864271813307 1.06 NaN
Nov 2015 1030.094173216573 1.64 NaN
Dec 2015 1032.8531715967367 0.27 NaN
Jan 2016 1036.9285089026018 0.40 12.77
Feb 2016 1037.5872346439817 0.06 11.39
Mar 2016 1066.8880438399267 2.82 16.17
Apr 2016 1059.620745586267 -0.68 11.95
May 2016 1063.151674520051 0.33 10.59
Jun 2016 1056.6856511604735 -0.61 6.60
Jul 2016 1064.845399050138 0.77 5.99
Aug 2016 1074.2640533630731 0.89 6.80
Sep 2016 1092.6432920175153 1.71 8.95
Oct 2016 1100.6048904831102 0.73 8.60
Nov 2016 1104.205344742582 0.33 7.20
Dec 2016 1095.727747384021 -0.77 6.09
Jan 2017 1101.8887446151305 0.56 6.27
Feb 2017 1113.150103574012 1.02 7.28
Mar 2017 1117.3421608166448 0.38 4.73
Apr 2017 1115.0363111670988 -0.21 5.23
May 2017 1112.7469172765527 -0.20 4.67
Jun 2017 1115.700099094004 0.27 5.59
Jul 2017 1120.1827923060202 0.40 5.20
Aug 2017 1114.892221802741 -0.47 3.78
Sep 2017 1113.1752155230974 -0.15 1.88
Oct 2017 1100.8613750206862 -1.11 0.02
Nov 2017 1101.279876746472 0.04 -0.26
Dec 2017 1120.408567194425 1.74 2.25
Jan 2018 1137.4895525537113 1.53 3.23
Feb 2018 1145.4320116079107 0.70 2.90
Mar 2018 1143.3621087272463 -0.18 2.33
Apr 2018 1145.7878288764077 0.21 2.76
May 2018 1161.9933777537713 1.41 4.43
Jun 2018 1162.4830473855338 0.04 4.19
Jul 2018 1165.2162366278471 0.24 4.02
Aug 2018 1161.2572471783167 -0.34 4.16
Sep 2018 1159.6235342425618 -0.14 4.17
Oct 2018 1176.6526461420258 1.47 6.89
Nov 2018 1184.9149880548139 0.70 7.59
Dec 2018 1197.761371924895 1.08 6.90
Jan 2019 1185.3144376928021 -1.04 4.20
Feb 2019 1183.6805094534254 -0.14 3.34
Mar 2019 1187.7332066246381 0.34 3.88
Apr 2019 1197.5101986337825 0.82 4.51
May 2019 1194.378311168326 -0.26 2.79
Jun 2019 1202.2206560936286 0.66 3.42
Jul 2019 1204.5125634914054 0.19 3.37
Aug 2019 1216.63449780071 1.01 4.77
Sep 2019 1222.7662509232803 0.50 5.45
Oct 2019 1220.9388667965336 -0.15 3.76
Nov 2019 1219.796466392857 -0.09 2.94
Dec 2019 1208.2666045236422 -0.94 0.88
Jan 2020 1213.8700605101162 0.46 2.41
Feb 2020 1214.7536267215155 0.07 2.63
Mar 2020 1236.4491775750687 1.79 4.10
Apr 2020 1242.775718474331 0.51 3.78
May 2020 1234.9844883876983 -0.63 3.40
Jun 2020 1249.6580675986477 1.19 3.95
Jul 2020 1258.5000834544664 0.71 4.48
Aug 2020 1287.7169828199521 2.32 5.84
Sep 2020 1300.5310486507665 1.00 6.36
Oct 2020 1334.8172784924955 2.64 9.33
Nov 2020 1317.930470064759 -1.26 8.05
Dec 2020 1344.7332030405491 2.03 11.29
Jan 2021 1344.1740602826321 -0.04 10.74
Feb 2021 1357.4871169245043 0.99 11.75
Mar 2021 1372.997403042147 1.14 11.04
Apr 2021 1392.405543946804 1.41 12.04
May 2021 1442.5120776107535 3.60 16.80
Jun 2021 1459.02616491359 1.15 16.75
Jul 2021 1500.9224701921953 2.87 19.26
Aug 2021 1546.5076282328077 3.04 20.10
Sep 2021 1608.356812882997 4.00 23.67
Oct 2021 1615.811892194765 0.46 21.05
Nov 2021 1676.3043291468382 3.74 27.19
Dec 2021 1703.7613149934891 1.64 26.70
Jan 2022 1788.0899657331568 4.95 33.03
Feb 2022 1810.4245493267065 1.25 33.37
Mar 2022 1815.8351422941716 0.30 32.25
Apr 2022 1832.6827843534857 0.93 31.62
May 2022 1854.6209503130392 1.20 28.57
Jun 2022 1884.7658631917056 1.63 29.18
Jul 2022 1895.3344362699577 0.56 26.28
Aug 2022 1876.1837501071257 -1.01 21.32
Sep 2022 1871.801832149808 -0.23 16.38
Oct 2022 1897.6704542149698 1.38 17.44
Nov 2022 1935.7450809954814 2.01 15.48
Dec 2022 1950.8701662699216 0.78 14.50
Jan 2023 1926.5458250561383 -1.25 7.74
Feb 2023 1931.8287437017307 0.27 6.71
Mar 2023 1984.6192541660391 2.73 9.30
Apr 2023 2017.3302131164107 1.65 10.07
May 2023 2025.138263910948 0.39 9.19
Jun 2023 2012.3653428451246 -0.63 6.77
Jul 2023 1993.2225096783247 -0.95 5.17
Aug 2023 1981.6107153465991 -0.58 5.62
Sep 2023 1971.5155799057327 -0.51 5.33
Oct 2023 1993.8761354714939 1.13 5.07
Nov 2023 1994.979961132811 0.06 3.06
Dec 2023 1986.423073447567 -0.43 1.82
Jan 2024 1974.595027685127 -0.59 2.49
Feb 2024 1971.8705053152726 -0.14 2.07
Mar 2024 1964.7594279361003 -0.36 -1.00
Apr 2024 1957.386492875599 -0.37 -2.97
May 2024 1944.2910609811577 -0.67 -3.99
Jun 2024 1946.1086605757762 0.09 -3.29
Jul 2024 1948.7053720012982 0.13 -2.23
Aug 2024 1937.9457576868635 -0.55 -2.20
Sep 2024 1942.276248899212 0.22 -1.48
Oct 2024 1930.2914114630698 -0.62 -3.19
Nov 2024 1935.717834066811 0.28 -2.97
Dec 2024 1940.3550975547948 0.24 -2.32
Jan 2025 1941.376092623417 0.05 -1.68
Feb 2025 1931.0629903628837 -0.53 -2.07
Mar 2025 1913.1020452695996 -0.93 -2.63
Apr 2025 1901.0411167264986 -0.63 -2.88
May 2025 1900.6482679039234 -0.02 -2.24
Jun 2025 1896.2266581507743 -0.23 -2.56
Jul 2025 1895.1418546014286 -0.06 -2.75
Aug 2025 1904.3414824134838 0.49 -1.73
Sep 2025 1896.9335225643506 -0.39 -2.33
Oct 2025 1881.545346392125 -0.81 -2.52
Nov 2025 1857.5994377970221 -1.27 -4.04
Dec 2025 1842.8598522806974 -0.79 -5.03
Jan 2026 1836.4014130059961 -0.35 -5.41
Feb 2026 1829.484649122807 -0.38 -5.26