Zip Code: 32401 (Panama City, 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 32401 Zip Code (Panama City, Florida) in January 2026 was $1,550.528. The month over month percentage change (MoM) was -0.01%, and the year over year percentage change (YoY) was 5.30%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 32401 zip code (Panama City, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 32401 zip code (Panama City, 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: 32401 (Panama City, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 32401 (Panama City, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 0 NaN NaN
Apr 2017 0 NaN NaN
May 2017 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 0 NaN NaN
Oct 2021 0 NaN NaN
Nov 2021 0 NaN NaN
Dec 2021 0 NaN NaN
Jan 2022 0 NaN NaN
Feb 2022 0 NaN NaN
Mar 2022 1350.898632621746 Infinity Infinity
Apr 2022 1333.0182374383464 -1.32 Infinity
May 2022 1347.7617362488202 1.11 Infinity
Jun 2022 0 -100.00 NaN
Jul 2022 1363.9212244921848 Infinity Infinity
Aug 2022 0 -100.00 NaN
Sep 2022 1391.016827329405 Infinity Infinity
Oct 2022 1397.6900072160106 0.48 Infinity
Nov 2022 1433.137741970716 2.54 Infinity
Dec 2022 1392.6271148103208 -2.83 Infinity
Jan 2023 1400.653397969545 0.58 Infinity
Feb 2023 1390.2696448884226 -0.74 Infinity
Mar 2023 1398.9545542561136 0.63 3.56
Apr 2023 1406.6754298767644 0.55 5.53
May 2023 1412.8403401341025 0.44 4.83
Jun 2023 1448.982885728127 2.56 Infinity
Jul 2023 1454.789624780604 0.40 6.66
Aug 2023 1475.8410969894908 1.45 Infinity
Sep 2023 1440.6998701549817 -2.38 3.57
Oct 2023 1437.8579229449808 -0.20 2.87
Nov 2023 0 -100.00 -100.00
Dec 2023 1465.9687293222785 Infinity 5.27
Jan 2024 1481.3599358167137 1.05 5.76
Feb 2024 1470.1398184573154 -0.76 5.75
Mar 2024 1479.1650655985472 0.61 5.73
Apr 2024 1496.2308329515843 1.15 6.37
May 2024 1502.5294225869584 0.42 6.35
Jun 2024 1512.2407048680977 0.65 4.37
Jul 2024 1486.5921635933337 -1.70 2.19
Aug 2024 1482.3497108407025 -0.28 0.44
Sep 2024 1468.7625783758544 -0.92 1.95
Oct 2024 1473.5782576823196 0.33 2.48
Nov 2024 1455.9918980740892 -1.19 Infinity
Dec 2024 1471.908582347462 1.09 0.41
Jan 2025 1472.5558733831476 0.04 -0.59
Feb 2025 1491.8885267735027 1.31 1.48
Mar 2025 1499.564402057643 0.52 1.38
Apr 2025 1496.4179225913456 -0.21 0.01
May 2025 1495.5787013383283 -0.06 -0.46
Jun 2025 1478.233973613651 -1.16 -2.25
Jul 2025 1503.5989683972848 1.72 1.14
Aug 2025 1507.3942589337892 0.25 1.69
Sep 2025 1537.2630484070507 1.98 4.66
Oct 2025 1542.7975639458552 0.36 4.70
Nov 2025 1555.5885401098753 0.83 6.84
Dec 2025 1550.7058889881287 -0.31 5.35
Jan 2026 1550.5277777777776 -0.01 5.30