Zip Code: 34221 (Palmetto, 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 34221 Zip Code (Palmetto, Florida) in February 2026 was $2,214.165. The month over month percentage change (MoM) was 0.23%, and the year over year percentage change (YoY) was -2.13%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 34221 zip code (Palmetto, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 34221 zip code (Palmetto, 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: 34221 (Palmetto, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 34221 (Palmetto, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1152.2067919491672 NaN NaN
Feb 2015 1143.2092283227805 -0.78 NaN
Mar 2015 1150.3291012414452 0.62 NaN
Apr 2015 1150.74940443064 0.04 NaN
May 2015 1156.7491097395757 0.52 NaN
Jun 2015 1164.897615235688 0.70 NaN
Jul 2015 1186.9151951119734 1.89 NaN
Aug 2015 1184.9518615949735 -0.16 NaN
Sep 2015 1193.2693721419482 0.70 NaN
Oct 2015 1191.2225542437043 -0.17 NaN
Nov 2015 1194.0308410575265 0.24 NaN
Dec 2015 1188.1764146148205 -0.49 NaN
Jan 2016 1199.7339496555956 0.97 4.13
Feb 2016 1211.9187761856715 1.02 6.01
Mar 2016 1222.338239588573 0.86 6.26
Apr 2016 1209.9415419598224 -1.01 5.14
May 2016 1201.845487915936 -0.67 3.90
Jun 2016 1185.9880941209199 -1.32 1.81
Jul 2016 1199.9911552703034 1.18 1.10
Aug 2016 1212.2522648489758 1.02 2.30
Sep 2016 1238.4382240864834 2.16 3.79
Oct 2016 1240.4358508214689 0.16 4.13
Nov 2016 1241.7068061620703 0.10 3.99
Dec 2016 1248.870378578878 0.58 5.11
Jan 2017 1243.5369362631327 -0.43 3.65
Feb 2017 1252.4484532780486 0.72 3.34
Mar 2017 1235.1910600465853 -1.38 1.05
Apr 2017 1261.3646697429167 2.12 4.25
May 2017 1275.4980574757976 1.12 6.13
Jun 2017 1305.1708525231286 2.33 10.05
Jul 2017 1276.935120110392 -2.16 6.41
Aug 2017 1284.1466623966965 0.56 5.93
Sep 2017 1270.2940234725422 -1.08 2.57
Oct 2017 1304.8237397394462 2.72 5.19
Nov 2017 1300.5534271275162 -0.33 4.74
Dec 2017 1328.3762455171047 2.14 6.37
Jan 2018 1331.0804702400499 0.20 7.04
Feb 2018 1333.4722110304085 0.18 6.47
Mar 2018 1318.4915267615033 -1.12 6.74
Apr 2018 1310.2045562346918 -0.63 3.87
May 2018 1320.7005832732098 0.80 3.54
Jun 2018 1327.1464826739655 0.49 1.68
Jul 2018 1350.2548454319829 1.74 5.74
Aug 2018 1344.9660062605992 -0.39 4.74
Sep 2018 1365.0901327278032 1.50 7.46
Oct 2018 1362.943054307735 -0.16 4.45
Nov 2018 1380.7476040876516 1.31 6.17
Dec 2018 1361.6042051654688 -1.39 2.50
Jan 2019 1363.4291224912847 0.13 2.43
Feb 2019 1372.1207595011845 0.64 2.90
Mar 2019 1403.5017394958468 2.29 6.45
Apr 2019 1412.6489361584775 0.65 7.82
May 2019 1411.8065949764048 -0.06 6.90
Jun 2019 1407.7860652595086 -0.28 6.08
Jul 2019 1412.5823944889967 0.34 4.62
Aug 2019 1423.2694526595828 0.76 5.82
Sep 2019 1421.523240510109 -0.12 4.13
Oct 2019 1418.186766677692 -0.23 4.05
Nov 2019 1419.5708693868414 0.10 2.81
Dec 2019 1432.2088388922323 0.89 5.19
Jan 2020 1443.3716776259594 0.78 5.86
Feb 2020 1445.7631856028875 0.17 5.37
Mar 2020 1462.5561590980938 1.16 4.21
Apr 2020 1468.4793611827592 0.41 3.95
May 2020 1495.6320063837668 1.85 5.94
Jun 2020 1487.5348193928003 -0.54 5.67
Jul 2020 1506.0744585519453 1.25 6.62
Aug 2020 1500.4422596457619 -0.37 5.42
Sep 2020 1518.6210144730915 1.21 6.83
Oct 2020 1548.213693512432 1.95 9.17
Nov 2020 1560.0942834599873 0.77 9.90
Dec 2020 1582.3255035100785 1.43 10.48
Jan 2021 1568.3933525677523 -0.88 8.66
Feb 2021 1597.962192679078 1.89 10.53
Mar 2021 1624.0685412675555 1.63 11.04
Apr 2021 1661.1644338145254 2.28 13.12
May 2021 1677.4720920444797 0.98 12.16
Jun 2021 1713.0366021632049 2.12 15.16
Jul 2021 1741.032959366947 1.63 15.60
Aug 2021 1813.510760305254 4.16 20.87
Sep 2021 1875.6793182256458 3.43 23.51
Oct 2021 1892.6871068434375 0.91 22.25
Nov 2021 1922.6791045310736 1.59 23.24
Dec 2021 1934.559978457054 0.62 22.26
Jan 2022 2010.0646159447988 3.90 28.16
Feb 2022 2031.1915284341221 1.05 27.11
Mar 2022 2050.4464967831746 0.95 26.25
Apr 2022 2070.9147662204437 1.00 24.67
May 2022 2095.8913283303978 1.21 24.94
Jun 2022 2121.548395689636 1.22 23.85
Jul 2022 2146.9952677963197 1.20 23.32
Aug 2022 2151.0557841446325 0.19 18.61
Sep 2022 2146.2890843570794 -0.22 14.43
Oct 2022 2166.750016382517 0.95 14.48
Nov 2022 2160.5125377960085 -0.29 12.37
Dec 2022 2178.9051819464594 0.85 12.63
Jan 2023 2165.2732060859935 -0.63 7.72
Feb 2023 2194.4612345253954 1.35 8.04
Mar 2023 2190.4607140064986 -0.18 6.83
Apr 2023 2172.334842531427 -0.83 4.90
May 2023 2172.733385808531 0.02 3.67
Jun 2023 2168.469563134115 -0.20 2.21
Jul 2023 2197.744882474933 1.35 2.36
Aug 2023 2192.4257978930277 -0.24 1.92
Sep 2023 2181.479622166691 -0.50 1.64
Oct 2023 2173.8451269074344 -0.35 0.33
Nov 2023 2199.874957794436 1.20 1.82
Dec 2023 2233.689158783798 1.54 2.51
Jan 2024 2244.809131604077 0.50 3.67
Feb 2024 2224.191995276416 -0.92 1.36
Mar 2024 2212.5314771584794 -0.52 1.01
Apr 2024 2220.92915049132 0.38 2.24
May 2024 2227.793198633233 0.31 2.53
Jun 2024 2265.2696234733407 1.68 4.46
Jul 2024 2254.113547123159 -0.49 2.57
Aug 2024 2263.2110360332867 0.40 3.23
Sep 2024 2264.4663957962725 0.06 3.80
Oct 2024 2276.731636365316 0.54 4.73
Nov 2024 2284.8488936957824 0.36 3.86
Dec 2024 2253.4991875774194 -1.37 0.89
Jan 2025 2271.2223134406418 0.79 1.18
Feb 2025 2262.3495390263693 -0.39 1.72
Mar 2025 2280.2989620498192 0.79 3.06
Apr 2025 2287.3557420370134 0.31 2.99
May 2025 2285.0663706883765 -0.10 2.57
Jun 2025 2259.0180118072517 -1.14 -0.28
Jul 2025 2252.912669078794 -0.27 -0.05
Aug 2025 2249.455257402699 -0.15 -0.61
Sep 2025 2255.4150236828464 0.27 -0.40
Oct 2025 2246.68761960475 -0.39 -1.32
Nov 2025 2228.4196074981155 -0.81 -2.47
Dec 2025 2230.0509538203714 0.07 -1.04
Jan 2026 2209.028105997692 -0.94 -2.74
Feb 2026 2214.1652777777776 0.23 -2.13