Zip Code: 38654 (Olive Branch, Mississippi) - 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 38654 Zip Code (Olive Branch, Mississippi) in February 2026 was $1,909.399. The month over month percentage change (MoM) was -0.71%, and the year over year percentage change (YoY) was 0.33%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 38654 zip code (Olive Branch, Mississippi). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 38654 zip code (Olive Branch, Mississippi).

You can see similar information for other Mississippi 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: 38654 (Olive Branch, Mississippi) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 38654 (Olive Branch, Mississippi) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 1285.8289176511691 Infinity Infinity
Jan 2017 1279.5940650820755 -0.48 Infinity
Feb 2017 1265.587201818334 -1.09 Infinity
Mar 2017 1263.4663502909336 -0.17 Infinity
Apr 2017 1256.890641227621 -0.52 Infinity
May 2017 1265.0557927633347 0.65 Infinity
Jun 2017 1269.7084718870146 0.37 Infinity
Jul 2017 1275.5656902403591 0.46 Infinity
Aug 2017 1278.056269182711 0.20 Infinity
Sep 2017 1263.6070376195146 -1.13 Infinity
Oct 2017 1273.09922005021 0.75 Infinity
Nov 2017 1272.7673853233234 -0.03 Infinity
Dec 2017 1283.7310840995044 0.86 -0.16
Jan 2018 1281.7071505156778 -0.16 0.17
Feb 2018 1284.5081224389403 0.22 1.50
Mar 2018 1290.527171758783 0.47 2.14
Apr 2018 1302.8796738904869 0.96 3.66
May 2018 1315.9735353401265 1.00 4.03
Jun 2018 1319.8546542652584 0.30 3.95
Jul 2018 1309.2710934201448 -0.80 2.64
Aug 2018 1310.909748750066 0.13 2.57
Sep 2018 1320.122488505942 0.70 4.47
Oct 2018 1329.6975613536251 0.73 4.45
Nov 2018 1323.3150635294448 -0.48 3.97
Dec 2018 1320.5133978027495 -0.21 2.87
Jan 2019 1326.3531134645477 0.44 3.48
Feb 2019 1339.0504271042803 0.96 4.25
Mar 2019 1338.397870905922 -0.05 3.71
Apr 2019 1334.6710348602328 -0.28 2.44
May 2019 1327.627130072295 -0.53 0.89
Jun 2019 1330.256869403693 0.20 0.79
Jul 2019 1340.814899068213 0.79 2.41
Aug 2019 1345.4928658597269 0.35 2.64
Sep 2019 1350.7607270106394 0.39 2.32
Oct 2019 1345.2695129364429 -0.41 1.17
Nov 2019 1352.5845673010147 0.54 2.21
Dec 2019 1354.6413529727843 0.15 2.58
Jan 2020 1357.4902860435802 0.21 2.35
Feb 2020 1354.1042502739776 -0.25 1.12
Mar 2020 1362.0776722673668 0.59 1.77
Apr 2020 1372.4482294384782 0.76 2.83
May 2020 1379.359383006262 0.50 3.90
Jun 2020 1385.94950682086 0.48 4.19
Jul 2020 1381.141248344334 -0.35 3.01
Aug 2020 1413.4421015736698 2.34 5.05
Sep 2020 1431.970195909851 1.31 6.01
Oct 2020 1472.053578712097 2.80 9.42
Nov 2020 1469.2689352749744 -0.19 8.63
Dec 2020 1486.9577351701764 1.20 9.77
Jan 2021 1496.0692112938932 0.61 10.21
Feb 2021 1507.576766515156 0.77 11.33
Mar 2021 1518.2566381847976 0.71 11.47
Apr 2021 1527.9175381616506 0.64 11.33
May 2021 1556.8870354283092 1.90 12.87
Jun 2021 1576.3253693754414 1.25 13.74
Jul 2021 1583.0836470193112 0.43 14.62
Aug 2021 1592.4935177401362 0.59 12.67
Sep 2021 1605.90362697395 0.84 12.15
Oct 2021 1641.7120313625983 2.23 11.53
Nov 2021 1662.1785162792623 1.25 13.13
Dec 2021 1664.0187085830014 0.11 11.91
Jan 2022 1661.3914436320315 -0.16 11.05
Feb 2022 1686.0524455988332 1.48 11.84
Mar 2022 1699.7047018867481 0.81 11.95
Apr 2022 1704.3726750382016 0.28 11.55
May 2022 1694.453164823788 -0.58 8.84
Jun 2022 1709.2718895845348 0.88 8.43
Jul 2022 1732.0660311718107 1.33 9.41
Aug 2022 1720.1607985923029 -0.69 8.02
Sep 2022 1723.5254090715746 0.20 7.32
Oct 2022 1716.159351293773 -0.43 4.54
Nov 2022 1758.7533522220988 2.48 5.81
Dec 2022 1779.7182776847562 1.19 6.95
Jan 2023 1779.6259885408608 0.00 7.12
Feb 2023 1753.7088281844478 -1.46 4.01
Mar 2023 1742.0554957721265 -0.66 2.49
Apr 2023 1779.8502514637798 2.17 4.43
May 2023 1805.06021089068 1.42 6.53
Jun 2023 1820.910580844124 0.88 6.53
Jul 2023 1827.455007893507 0.36 5.51
Aug 2023 1823.900028980878 -0.19 6.03
Sep 2023 1806.541511970221 -0.95 4.82
Oct 2023 1771.258897881999 -1.95 3.21
Nov 2023 1749.760924940659 -1.21 -0.51
Dec 2023 1777.6363841644234 1.59 -0.12
Jan 2024 1808.0309578788094 1.71 1.60
Feb 2024 1856.2976610919502 2.67 5.85
Mar 2024 1861.5351037096916 0.28 6.86
Apr 2024 1857.7848971813685 -0.20 4.38
May 2024 1853.7036254164097 -0.22 2.70
Jun 2024 1852.5106719464404 -0.06 1.74
Jul 2024 1866.4969088031855 0.76 2.14
Aug 2024 1876.147119831249 0.52 2.87
Sep 2024 1885.830674223984 0.52 4.39
Oct 2024 1892.9182129033766 0.38 6.87
Nov 2024 1895.7391064985363 0.15 8.34
Dec 2024 1888.0192979345898 -0.41 6.21
Jan 2025 1908.3347407219355 1.08 5.55
Feb 2025 1903.1028974450624 -0.27 2.52
Mar 2025 1917.3789914081522 0.75 3.00
Apr 2025 1915.0684977559692 -0.12 3.08
May 2025 1921.3979476599682 0.33 3.65
Jun 2025 1924.4232200404028 0.16 3.88
Jul 2025 1917.622271829483 -0.35 2.74
Aug 2025 1925.0718361188594 0.39 2.61
Sep 2025 1934.1911685067469 0.47 2.56
Oct 2025 1954.4350654932975 1.05 3.25
Nov 2025 1959.429370873155 0.26 3.36
Dec 2025 1951.0319745950626 -0.43 3.34
Jan 2026 1922.9689673568334 -1.44 0.77
Feb 2026 1909.3994708994708 -0.71 0.33