Birmingham, AL (Metro) - 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 Birmingham, AL Metro in February 2026 was $1,405.977. The month over month percentage change (MoM) was -0.05%, and the year over year percentage change (YoY) was 1.64%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Birmingham, AL metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Birmingham, AL metro.

You can see similar information for other US metros, and for the United States.

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.
Birmingham, AL (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Birmingham, AL (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 904.5657807450202 NaN NaN
Feb 2015 906.2785944635004 0.19 NaN
Mar 2015 909.898584438558 0.40 NaN
Apr 2015 911.871081634519 0.22 NaN
May 2015 910.222756054594 -0.18 NaN
Jun 2015 909.8838886683532 -0.04 NaN
Jul 2015 911.9633020858906 0.23 NaN
Aug 2015 912.7986642834361 0.09 NaN
Sep 2015 915.7964921949332 0.33 NaN
Oct 2015 917.538650181389 0.19 NaN
Nov 2015 920.3585535479934 0.31 NaN
Dec 2015 923.4903764810747 0.34 NaN
Jan 2016 926.2572340612713 0.30 2.40
Feb 2016 928.7525809927947 0.27 2.48
Mar 2016 926.9452540641639 -0.19 1.87
Apr 2016 926.7838681055447 -0.02 1.64
May 2016 929.1124813376877 0.25 2.08
Jun 2016 932.8883609116627 0.41 2.53
Jul 2016 933.9226042278932 0.11 2.41
Aug 2016 934.8216121478176 0.10 2.41
Sep 2016 932.9936713376068 -0.20 1.88
Oct 2016 933.2771749735189 0.03 1.72
Nov 2016 933.5217141426624 0.03 1.43
Dec 2016 936.7291548580969 0.34 1.43
Jan 2017 937.7658695876089 0.11 1.24
Feb 2017 939.4464147170881 0.18 1.15
Mar 2017 943.3388768557794 0.41 1.77
Apr 2017 946.1177463638054 0.30 2.09
May 2017 947.5796788117594 0.16 1.99
Jun 2017 947.3833538098313 -0.02 1.55
Jul 2017 950.7911117260264 0.36 1.81
Aug 2017 952.8872796266198 0.22 1.93
Sep 2017 960.2034649840608 0.77 2.92
Oct 2017 959.9483793462867 -0.03 2.86
Nov 2017 964.4789660999768 0.47 3.32
Dec 2017 962.1606131774848 -0.24 2.72
Jan 2018 964.6348888555787 0.26 2.87
Feb 2018 966.1779858239378 0.16 2.85
Mar 2018 971.7654714292123 0.58 3.01
Apr 2018 977.4457402087359 0.59 3.31
May 2018 982.5252232591918 0.52 3.69
Jun 2018 985.4923796075185 0.30 4.02
Jul 2018 985.8952180009294 0.04 3.69
Aug 2018 987.864985077147 0.20 3.67
Sep 2018 988.2926991419597 0.04 2.93
Oct 2018 995.6350827169135 0.74 3.72
Nov 2018 998.9017587115027 0.33 3.57
Dec 2018 1006.7262792592708 0.78 4.63
Jan 2019 1007.4405854724293 0.07 4.44
Feb 2019 1012.1472786431259 0.47 4.76
Mar 2019 1012.8248903656977 0.07 4.22
Apr 2019 1013.717869616742 0.09 3.71
May 2019 1015.3780325535243 0.16 3.34
Jun 2019 1019.2040647427725 0.38 3.42
Jul 2019 1023.7229618923326 0.44 3.84
Aug 2019 1027.7656910982516 0.40 4.04
Sep 2019 1030.8643246371614 0.30 4.31
Oct 2019 1031.9355445961655 0.10 3.65
Nov 2019 1033.7269080023957 0.17 3.49
Dec 2019 1034.7134861838374 0.10 2.78
Jan 2020 1039.2362674841322 0.44 3.16
Feb 2020 1040.9682023915004 0.17 2.85
Mar 2020 1052.2289621236566 1.08 3.89
Apr 2020 1056.0819633640951 0.37 4.18
May 2020 1055.429324821672 -0.06 3.94
Jun 2020 1051.8853121295094 -0.34 3.21
Jul 2020 1057.921427212009 0.57 3.34
Aug 2020 1065.102361887399 0.68 3.63
Sep 2020 1072.774783869898 0.72 4.07
Oct 2020 1077.7608812114718 0.47 4.44
Nov 2020 1085.3473156370374 0.70 4.99
Dec 2020 1091.68218970294 0.58 5.51
Jan 2021 1099.0067838052094 0.67 5.75
Feb 2021 1103.6131593228863 0.42 6.02
Mar 2021 1104.5815794070977 0.09 4.97
Apr 2021 1109.6887796885846 0.46 5.08
May 2021 1123.4392982362995 1.24 6.44
Jun 2021 1140.3275669246793 1.50 8.41
Jul 2021 1153.9277199045437 1.19 9.07
Aug 2021 1165.2141528339077 0.98 9.40
Sep 2021 1175.341113472253 0.87 9.56
Oct 2021 1184.950105679666 0.82 9.95
Nov 2021 1190.561683655205 0.47 9.69
Dec 2021 1204.7315767407008 1.19 10.36
Jan 2022 1214.15833454911 0.78 10.48
Feb 2022 1223.703289508285 0.79 10.88
Mar 2022 1226.7335882697666 0.25 11.06
Apr 2022 1232.037203249246 0.43 11.03
May 2022 1237.578178291468 0.45 10.16
Jun 2022 1242.8690759240749 0.43 8.99
Jul 2022 1248.9746648072073 0.49 8.24
Aug 2022 1254.5294298879724 0.45 7.67
Sep 2022 1256.1529616456685 0.13 6.88
Oct 2022 1257.2621236171076 0.09 6.10
Nov 2022 1263.240730092829 0.48 6.11
Dec 2022 1264.6936227019405 0.12 4.98
Jan 2023 1268.730609665104 0.32 4.50
Feb 2023 1273.05665537236 0.34 4.03
Mar 2023 1285.6812811800166 0.99 4.81
Apr 2023 1296.9085666332837 0.87 5.27
May 2023 1303.7884245566938 0.53 5.35
Jun 2023 1307.4349752140793 0.28 5.20
Jul 2023 1310.4994629673106 0.23 4.93
Aug 2023 1312.5548983189522 0.16 4.63
Sep 2023 1315.893158821247 0.25 4.76
Oct 2023 1318.2725127537472 0.18 4.85
Nov 2023 1323.0242672722718 0.36 4.73
Dec 2023 1326.5481333539465 0.27 4.89
Jan 2024 1332.313645152084 0.44 5.01
Feb 2024 1336.9062046522085 0.35 5.01
Mar 2024 1339.251039574647 0.18 4.17
Apr 2024 1339.8692088853638 0.05 3.31
May 2024 1340.6178392876957 0.06 2.83
Jun 2024 1345.001380241549 0.33 2.87
Jul 2024 1349.6995650230813 0.35 2.99
Aug 2024 1353.509116810583 0.28 3.12
Sep 2024 1362.3488850383487 0.65 3.53
Oct 2024 1371.6759460735811 0.69 4.05
Nov 2024 1376.0765025259427 0.32 4.01
Dec 2024 1378.1280005504768 0.15 3.89
Jan 2025 1378.3555361893768 0.02 3.46
Feb 2025 1383.2629018028172 0.36 3.47
Mar 2025 1385.172912878741 0.14 3.43
Apr 2025 1388.1871133696554 0.22 3.61
May 2025 1392.6608294406453 0.32 3.88
Jun 2025 1395.5370931628336 0.21 3.76
Jul 2025 1398.0894034011121 0.18 3.59
Aug 2025 1401.613539996232 0.25 3.55
Sep 2025 1401.0249818356128 -0.04 2.84
Oct 2025 1400.238340277866 -0.06 2.08
Nov 2025 1400.7793325927819 0.04 1.80
Dec 2025 1404.0163544398285 0.23 1.88
Jan 2026 1406.7371502927012 0.19 2.06
Feb 2026 1405.9765644666438 -0.05 1.64