Zip Code: 33993 (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 33993 Zip Code (Cape Coral, Florida) in February 2026 was $2,122.851. The month over month percentage change (MoM) was -1.44%, and the year over year percentage change (YoY) was -6.06%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 33993 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 33993 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: 33993 (Cape Coral, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 33993 (Cape Coral, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1088.5739079156115 NaN NaN
Feb 2015 1094.1757382141425 0.52 NaN
Mar 2015 1121.932630807968 2.54 NaN
Apr 2015 1149.4236052816016 2.45 NaN
May 2015 1166.5423082538055 1.49 NaN
Jun 2015 1171.4375927080498 0.42 NaN
Jul 2015 1175.111964658597 0.31 NaN
Aug 2015 1174.3806547664788 -0.06 NaN
Sep 2015 1185.3998252100932 0.94 NaN
Oct 2015 0 -100.00 NaN
Nov 2015 1204.092897375347 Infinity NaN
Dec 2015 1222.2416888981295 1.51 NaN
Jan 2016 1255.7535698836218 2.74 15.36
Feb 2016 1252.336051014739 -0.27 14.46
Mar 2016 1239.49486384423 -1.02 10.48
Apr 2016 1248.6971654210056 0.74 8.64
May 2016 1261.170579243234 1.00 8.11
Jun 2016 1282.540819650864 1.69 9.48
Jul 2016 1292.1368565624193 0.75 9.96
Aug 2016 1305.9206531839195 1.07 11.20
Sep 2016 1318.0985548209146 0.93 11.19
Oct 2016 1312.4847858775945 -0.43 Infinity
Nov 2016 1310.290585524312 -0.17 8.82
Dec 2016 1305.1643748847125 -0.39 6.78
Jan 2017 1296.0209514682354 -0.70 3.21
Feb 2017 1320.7696349415594 1.91 5.46
Mar 2017 1329.7855803291204 0.68 7.28
Apr 2017 1333.365976160862 0.27 6.78
May 2017 1322.7611760322231 -0.79 4.88
Jun 2017 1328.4235017804451 0.43 3.58
Jul 2017 1337.7672417520293 0.70 3.53
Aug 2017 1348.4011463816496 0.80 3.25
Sep 2017 1357.176370516961 0.65 2.97
Oct 2017 1362.7871794294206 0.41 3.83
Nov 2017 1371.8850902654501 0.67 4.70
Dec 2017 1377.5261253952983 0.41 5.54
Jan 2018 1384.7416846334784 0.52 6.85
Feb 2018 1393.704546470491 0.65 5.52
Mar 2018 1410.1818979095806 1.18 6.05
Apr 2018 1418.8600743264287 0.62 6.41
May 2018 1420.0846573487997 0.09 7.36
Jun 2018 1414.4754925104148 -0.39 6.48
Jul 2018 1403.3397503228098 -0.79 4.90
Aug 2018 1399.3935197479202 -0.28 3.78
Sep 2018 1375.1589751376177 -1.73 1.33
Oct 2018 1388.5207221337246 0.97 1.89
Nov 2018 1380.88747388067 -0.55 0.66
Dec 2018 1411.8552690439265 2.24 2.49
Jan 2019 1415.4945553811278 0.26 2.22
Feb 2019 1430.2454774700257 1.04 2.62
Mar 2019 1428.9711713278612 -0.09 1.33
Apr 2019 1431.063198390644 0.15 0.86
May 2019 1444.3703708949813 0.93 1.71
Jun 2019 1452.5653905934519 0.57 2.69
Jul 2019 1464.9499160475716 0.85 4.39
Aug 2019 1469.7094357452331 0.33 5.03
Sep 2019 1490.2446310416194 1.40 8.37
Oct 2019 1485.6205530657046 -0.31 6.99
Nov 2019 1493.690635415732 0.54 8.17
Dec 2019 1471.916348269186 -1.46 4.25
Jan 2020 1470.9919051099805 -0.06 3.92
Feb 2020 1453.3420707468565 -1.20 1.62
Mar 2020 1476.671905472482 1.61 3.34
Apr 2020 1464.3855055936995 -0.83 2.33
May 2020 1476.9111342554938 0.86 2.25
Jun 2020 1498.9429455652285 1.49 3.19
Jul 2020 1543.1955459129936 2.95 5.34
Aug 2020 1571.9260056487403 1.86 6.96
Sep 2020 1585.4621783896814 0.86 6.39
Oct 2020 1576.3035282011867 -0.58 6.10
Nov 2020 1574.8406486665792 -0.09 5.43
Dec 2020 1584.7660439472209 0.63 7.67
Jan 2021 1596.8364461021288 0.76 8.56
Feb 2021 1633.4331019997494 2.29 12.39
Mar 2021 1666.534206892032 2.03 12.86
Apr 2021 1731.3582451081513 3.89 18.23
May 2021 1747.1156003905803 0.91 18.30
Jun 2021 1773.080921681156 1.49 18.29
Jul 2021 1798.664024674716 1.44 16.56
Aug 2021 1850.5875713321893 2.89 17.73
Sep 2021 1897.162169651678 2.52 19.66
Oct 2021 1940.6191419196525 2.29 23.11
Nov 2021 1996.2022373214725 2.86 26.76
Dec 2021 2078.9777065582425 4.15 31.19
Jan 2022 2106.484246105148 1.32 31.92
Feb 2022 2079.9746771593886 -1.26 27.34
Mar 2022 2071.481071001359 -0.41 24.30
Apr 2022 2080.8768829490064 0.45 20.19
May 2022 2157.060529453591 3.66 23.46
Jun 2022 2195.447921156658 1.78 23.82
Jul 2022 2239.9059216219175 2.03 24.53
Aug 2022 2228.8519272830113 -0.49 20.44
Sep 2022 2220.804675781735 -0.36 17.06
Oct 2022 2207.4481180429298 -0.60 13.75
Nov 2022 2220.0576593303977 0.57 11.21
Dec 2022 2232.8157140140042 0.57 7.40
Jan 2023 2270.5214264792316 1.69 7.79
Feb 2023 2317.7680183000093 2.08 11.43
Mar 2023 2346.0381520729075 1.22 13.25
Apr 2023 2351.7862001566364 0.25 13.02
May 2023 2327.2510933291856 -1.04 7.89
Jun 2023 2325.902367629973 -0.06 5.94
Jul 2023 2296.0858116582735 -1.28 2.51
Aug 2023 2287.778431884808 -0.36 2.64
Sep 2023 2293.8795503659303 0.27 3.29
Oct 2023 2321.436377173021 1.20 5.16
Nov 2023 2330.970236024214 0.41 5.00
Dec 2023 2303.171929448589 -1.19 3.15
Jan 2024 2307.7315388894344 0.20 1.64
Feb 2024 2298.29839329451 -0.41 -0.84
Mar 2024 2296.039029440542 -0.10 -2.13
Apr 2024 2268.8540966813116 -1.18 -3.53
May 2024 2282.525196722087 0.60 -1.92
Jun 2024 2276.746647098266 -0.25 -2.11
Jul 2024 2285.7281253179867 0.39 -0.45
Aug 2024 2286.7621870163734 0.05 -0.04
Sep 2024 2284.3816787367973 -0.10 -0.41
Oct 2024 2297.3459939819036 0.57 -1.04
Nov 2024 2276.8063940622687 -0.89 -2.32
Dec 2024 2278.3100413209204 0.07 -1.08
Jan 2025 2251.2057389099978 -1.19 -2.45
Feb 2025 2259.698406205161 0.38 -1.68
Mar 2025 2252.3142427407465 -0.33 -1.90
Apr 2025 2266.5179909377334 0.63 -0.10
May 2025 2249.8445660714424 -0.74 -1.43
Jun 2025 2242.6143665184113 -0.32 -1.50
Jul 2025 2233.873001652007 -0.39 -2.27
Aug 2025 2228.651422360617 -0.23 -2.54
Sep 2025 2216.586811671833 -0.54 -2.97
Oct 2025 2182.626184736292 -1.53 -4.99
Nov 2025 2173.9483506411325 -0.40 -4.52
Dec 2025 2163.279075521623 -0.49 -5.05
Jan 2026 2153.8299859222293 -0.44 -4.32
Feb 2026 2122.851282051282 -1.44 -6.06