Zip Code: 34748 (Leesburg, 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 34748 Zip Code (Leesburg, Florida) in February 2026 was $1,481.033. The month over month percentage change (MoM) was 0.44%, and the year over year percentage change (YoY) was 0.14%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 34748 zip code (Leesburg, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 34748 zip code (Leesburg, 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: 34748 (Leesburg, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 34748 (Leesburg, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 742.6340875268038 Infinity Infinity
Jun 2016 745.4622311902259 0.38 Infinity
Jul 2016 753.6769174872841 1.10 Infinity
Aug 2016 757.4624589312768 0.50 Infinity
Sep 2016 763.317378281372 0.77 Infinity
Oct 2016 775.8425013015793 1.64 Infinity
Nov 2016 783.0439583873492 0.93 Infinity
Dec 2016 787.7360941519838 0.60 Infinity
Jan 2017 787.6813942214536 -0.01 Infinity
Feb 2017 792.3487349031461 0.59 Infinity
Mar 2017 796.561631521292 0.53 Infinity
Apr 2017 785.9491761605432 -1.33 Infinity
May 2017 797.7183523770748 1.50 7.42
Jun 2017 798.4528695405614 0.09 7.11
Jul 2017 807.9615559894015 1.19 7.20
Aug 2017 807.6910991926102 -0.03 6.63
Sep 2017 819.6972677504714 1.49 7.39
Oct 2017 828.8795960045169 1.12 6.84
Nov 2017 844.4166024488931 1.87 7.84
Dec 2017 864.6562684544315 2.40 9.77
Jan 2018 860.7333347661356 -0.45 9.27
Feb 2018 838.8436857040983 -2.54 5.87
Mar 2018 827.3815195580408 -1.37 3.87
Apr 2018 848.7577409729379 2.58 7.99
May 2018 866.6097038137075 2.10 8.64
Jun 2018 883.7858863907779 1.98 10.69
Jul 2018 884.4630061097865 0.08 9.47
Aug 2018 893.3467445686337 1.00 10.61
Sep 2018 882.072254232768 -1.26 7.61
Oct 2018 884.2926271147027 0.25 6.69
Nov 2018 885.4586323385153 0.13 4.86
Dec 2018 880.7188481338877 -0.53 1.86
Jan 2019 892.455980467337 1.33 3.69
Feb 2019 908.2396461661243 1.77 8.27
Mar 2019 925.9095168400142 1.95 11.91
Apr 2019 927.2227825727034 0.14 9.24
May 2019 920.5370491081414 -0.72 6.22
Jun 2019 918.6106236634082 -0.21 3.94
Jul 2019 923.8488871730322 0.57 4.45
Aug 2019 929.5145954765571 0.61 4.05
Sep 2019 944.8648795690499 1.65 7.12
Oct 2019 950.9111034324594 0.64 7.53
Nov 2019 956.18279104322 0.55 7.99
Dec 2019 964.8134592529419 0.90 9.55
Jan 2020 973.8040454498823 0.93 9.12
Feb 2020 988.1860005002059 1.48 8.80
Mar 2020 988.9925416209433 0.08 6.81
Apr 2020 996.7156268365075 0.78 7.50
May 2020 991.4884176345478 -0.52 7.71
Jun 2020 1006.844500335744 1.55 9.61
Jul 2020 1023.2035774153096 1.63 10.75
Aug 2020 1038.4822124530945 1.49 11.72
Sep 2020 1029.6395979558852 -0.85 8.97
Oct 2020 1028.7787426959583 -0.08 8.19
Nov 2020 1016.0946411319444 -1.23 6.27
Dec 2020 1020.6639496688816 0.45 5.79
Jan 2021 1022.0702418606581 0.14 4.96
Feb 2021 1034.1282857644837 1.18 4.65
Mar 2021 1027.5332371023355 -0.64 3.90
Apr 2021 1046.0902104748013 1.81 4.95
May 2021 1067.5881256907912 2.06 7.68
Jun 2021 1095.046492568635 2.57 8.76
Jul 2021 1091.3468665227058 -0.34 6.66
Aug 2021 1096.6280925258309 0.48 5.60
Sep 2021 0 -100.00 -100.00
Oct 2021 1148.3640571423134 Infinity 11.62
Nov 2021 1214.6107434693376 5.77 19.54
Dec 2021 1252.9287322407436 3.16 22.76
Jan 2022 1294.318685461369 3.30 26.64
Feb 2022 1292.7860751042406 -0.12 25.01
Mar 2022 1308.633115105492 1.23 27.36
Apr 2022 1298.8422442895364 -0.75 24.16
May 2022 1296.1204937450786 -0.21 21.41
Jun 2022 1287.479080655544 -0.67 17.57
Jul 2022 1318.1794248633607 2.38 20.79
Aug 2022 1333.2871049772978 1.15 21.58
Sep 2022 1341.9955979440465 0.65 Infinity
Oct 2022 1340.8883078512004 -0.08 16.77
Nov 2022 1327.9056678327943 -0.97 9.33
Dec 2022 1320.0514408182498 -0.59 5.36
Jan 2023 1324.5719903230527 0.34 2.34
Feb 2023 1336.6324905420252 0.91 3.39
Mar 2023 1368.920150749891 2.42 4.61
Apr 2023 1395.2521662076406 1.92 7.42
May 2023 1410.864285563905 1.12 8.85
Jun 2023 1407.9097246993967 -0.21 9.35
Jul 2023 1404.5870770300965 -0.24 6.56
Aug 2023 1423.5610234101034 1.35 6.77
Sep 2023 1426.5450580718307 0.21 6.30
Oct 2023 1432.3776875619376 0.41 6.82
Nov 2023 1418.2598521346986 -0.99 6.80
Dec 2023 1443.2204645831414 1.76 9.33
Jan 2024 1443.5877812692813 0.03 8.99
Feb 2024 1461.738015883948 1.26 9.36
Mar 2024 1449.1435498445237 -0.86 5.86
Apr 2024 1453.7836517242185 0.32 4.20
May 2024 1452.5932230018736 -0.08 2.96
Jun 2024 1455.7849561578835 0.22 3.40
Jul 2024 1466.833056376528 0.76 4.43
Aug 2024 1473.4994238407485 0.45 3.51
Sep 2024 1487.7360713039352 0.97 4.29
Oct 2024 1481.5871014953354 -0.41 3.44
Nov 2024 1498.2505691725448 1.13 5.64
Dec 2024 1484.4290127777313 -0.92 2.86
Jan 2025 1496.572913819583 0.82 3.67
Feb 2025 1478.9750057734366 -1.18 1.18
Mar 2025 1480.5727048794527 0.11 2.17
Apr 2025 1476.3953497355378 -0.28 1.56
May 2025 1479.8002465236557 0.23 1.87
Jun 2025 1489.4808750771033 0.65 2.32
Jul 2025 1485.174691001942 -0.29 1.25
Aug 2025 1475.7130540713356 -0.64 0.15
Sep 2025 1468.1744977757508 -0.51 -1.31
Oct 2025 1475.8797549846438 0.53 -0.38
Nov 2025 1476.7342886533957 0.06 -1.44
Dec 2025 1480.8886671245234 0.28 -0.24
Jan 2026 1474.5367366097341 -0.43 -1.47
Feb 2026 1481.033333333333 0.44 0.14