Zip Code: 32304 (Tallahassee, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)
Updated on March 2, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in the 32304 Zip Code (Tallahassee, Florida) in January 2026 was $1,372.304. The month over month percentage change (MoM) was -0.86%, and the year over year percentage change (YoY) was 2.03%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 32304 zip code (Tallahassee, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 32304 zip code (Tallahassee, 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: 32304 (Tallahassee, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 32304 (Tallahassee, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 740.0496600957724 NaN NaN
Feb 2015 723.659339291052 -2.21 NaN
Mar 2015 727.454997315538 0.53 NaN
Apr 2015 735.4992616870504 1.11 NaN
May 2015 737.9726677840085 0.34 NaN
Jun 2015 744.1124052061547 0.83 NaN
Jul 2015 739.1345404825969 -0.67 NaN
Aug 2015 745.1282509983092 0.81 NaN
Sep 2015 741.1072217369207 -0.54 NaN
Oct 2015 745.6878300133613 0.62 NaN
Nov 2015 744.8533033137987 -0.11 NaN
Dec 2015 749.7821379921678 0.66 NaN
Jan 2016 751.7395818043032 0.26 1.58
Feb 2016 749.3785127494854 -0.31 3.55
Mar 2016 748.2589930959532 -0.15 2.86
Apr 2016 748.1762160314398 -0.01 1.72
May 2016 749.8917771251713 0.23 1.62
Jun 2016 754.7270127605619 0.65 1.43
Jul 2016 763.5840658072893 1.17 3.31
Aug 2016 767.4764420201228 0.51 3.00
Sep 2016 764.2034215171922 -0.43 3.12
Oct 2016 772.4886154818287 1.08 3.59
Nov 2016 768.0973617871086 -0.57 3.12
Dec 2016 778.1232908478348 1.31 3.78
Jan 2017 771.4473414765013 -0.86 2.62
Feb 2017 784.4545017924623 1.69 4.68
Mar 2017 787.6698962404604 0.41 5.27
Apr 2017 794.0196254283502 0.81 6.13
May 2017 801.464865649054 0.94 6.88
Jun 2017 801.1266467664458 -0.04 6.15
Jul 2017 803.030187416259 0.24 5.17
Aug 2017 794.7812489452208 -1.03 3.56
Sep 2017 803.7209424848672 1.13 5.17
Oct 2017 804.6407281093541 0.11 4.16
Nov 2017 809.4548895891943 0.60 5.38
Dec 2017 807.6020013877321 -0.23 3.79
Jan 2018 812.7294402896226 0.64 5.35
Feb 2018 818.0676044643078 0.66 4.29
Mar 2018 824.7510288342095 0.82 4.71
Apr 2018 832.6460612837429 0.96 4.87
May 2018 837.5067816346121 0.58 4.50
Jun 2018 837.7775438864413 0.03 4.58
Jul 2018 830.2009904581935 -0.90 3.38
Aug 2018 830.0560523051023 -0.02 4.44
Sep 2018 833.0862101679727 0.37 3.65
Oct 2018 839.4917100398972 0.77 4.33
Nov 2018 842.8421280067906 0.40 4.13
Dec 2018 850.3070902012954 0.89 5.29
Jan 2019 859.2403439496455 1.05 5.72
Feb 2019 861.9902668825108 0.32 5.37
Mar 2019 863.1441280126081 0.13 4.66
Apr 2019 861.0938977094738 -0.24 3.42
May 2019 860.264687844655 -0.10 2.72
Jun 2019 865.7025859247238 0.63 3.33
Jul 2019 875.077667668411 1.08 5.41
Aug 2019 884.0642976118568 1.03 6.51
Sep 2019 882.9364806867017 -0.13 5.98
Oct 2019 879.8783190171667 -0.35 4.81
Nov 2019 879.6192939788276 -0.03 4.36
Dec 2019 875.4654702571768 -0.47 2.96
Jan 2020 869.6485031693763 -0.66 1.21
Feb 2020 863.7592594064309 -0.68 0.21
Mar 2020 0 -100.00 -100.00
Apr 2020 912.0034889372189 Infinity 5.91
May 2020 919.4354307445199 0.82 6.88
Jun 2020 922.0741770055411 0.29 6.51
Jul 2020 920.2991919531601 -0.19 5.17
Aug 2020 911.3679011994009 -0.97 3.09
Sep 2020 912.9317160265884 0.17 3.40
Oct 2020 943.4651531808975 3.35 7.23
Nov 2020 965.9067043744682 2.38 9.81
Dec 2020 976.9320733936505 1.14 11.59
Jan 2021 962.0653932132077 -1.52 10.63
Feb 2021 959.0907530698406 -0.31 11.04
Mar 2021 958.7163140429718 -0.04 Infinity
Apr 2021 956.5169007308228 -0.23 4.88
May 2021 959.6160052359996 0.32 4.37
Jun 2021 965.9857555454133 0.66 4.76
Jul 2021 979.5258490994977 1.40 6.44
Aug 2021 1020.8529354397872 4.22 12.01
Sep 2021 1041.6194831572614 2.03 14.10
Oct 2021 1047.532368604819 0.57 11.03
Nov 2021 1027.8069580586352 -1.88 6.41
Dec 2021 1038.0613706787983 1.00 6.26
Jan 2022 1061.8453354776177 2.29 10.37
Feb 2022 1077.950468042896 1.52 12.39
Mar 2022 1087.485423387007 0.89 13.43
Apr 2022 1100.3477530193115 1.18 15.04
May 2022 1119.0206966568096 1.70 16.61
Jun 2022 1144.7280269426121 2.30 18.50
Jul 2022 1156.9772847315623 1.07 18.12
Aug 2022 1166.6893691988473 0.84 14.29
Sep 2022 1170.3185282202098 0.31 12.36
Oct 2022 1184.5015430776687 1.21 13.08
Nov 2022 1188.807546476105 0.36 15.66
Dec 2022 1199.8953352521148 0.93 15.59
Jan 2023 1194.7746223693148 -0.43 12.52
Feb 2023 1210.5776046341155 1.32 12.30
Mar 2023 1214.0403733823027 0.29 11.64
Apr 2023 1231.9906015382267 1.48 11.96
May 2023 1243.089609350971 0.90 11.09
Jun 2023 1246.0846335665012 0.24 8.85
Jul 2023 1252.3342130799806 0.50 8.24
Aug 2023 1241.470687687281 -0.87 6.41
Sep 2023 1254.2826008715765 1.03 7.17
Oct 2023 1249.1673737782237 -0.41 5.46
Nov 2023 1281.2727286379584 2.57 7.78
Dec 2023 1276.9931938274938 -0.33 6.43
Jan 2024 1293.1120092887031 1.26 8.23
Feb 2024 1287.8614733060488 -0.41 6.38
Mar 2024 1301.6873253234573 1.07 7.22
Apr 2024 1303.3608685148445 0.13 5.79
May 2024 1307.1159164882706 0.29 5.15
Jun 2024 1298.1154208675196 -0.69 4.18
Jul 2024 1308.278457484021 0.78 4.47
Aug 2024 1307.2797743768238 -0.08 5.30
Sep 2024 1320.6930698199278 1.03 5.30
Oct 2024 1313.4785904651376 -0.55 5.15
Nov 2024 1322.229312633264 0.67 3.20
Dec 2024 1330.515029199969 0.63 4.19
Jan 2025 1345.044951303249 1.09 4.02
Feb 2025 1354.5431216528887 0.71 5.18
Mar 2025 1356.4197739126973 0.14 4.21
Apr 2025 1358.8040085278255 0.18 4.25
May 2025 1360.8278123916548 0.15 4.11
Jun 2025 1374.4351041978055 1.00 5.88
Jul 2025 1373.348317445326 -0.08 4.97
Aug 2025 1388.528217297822 1.11 6.22
Sep 2025 1381.3787587672014 -0.51 4.60
Oct 2025 1397.0963198200066 1.14 6.37
Nov 2025 1382.8578956888455 -1.02 4.59
Dec 2025 1384.2129586388085 0.10 4.04
Jan 2026 1372.3044416597047 -0.86 2.03