Zip Code: 32408 (Panama City Beach, 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 32408 Zip Code (Panama City Beach, Florida) in January 2026 was $1,922. The month over month percentage change (MoM) was 1.04%, and the year over year percentage change (YoY) was 1.09%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 32408 zip code (Panama City Beach, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 32408 zip code (Panama City Beach, 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: 32408 (Panama City Beach, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 32408 (Panama City Beach, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
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Month ZORI ($) 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 0 NaN NaN
Apr 2022 0 NaN NaN
May 2022 1632.8639377213344 Infinity Infinity
Jun 2022 1633.7387062808043 0.05 Infinity
Jul 2022 1681.3964817283802 2.92 Infinity
Aug 2022 1708.8773442541874 1.63 Infinity
Sep 2022 1786.676760099747 4.55 Infinity
Oct 2022 1772.5612689168872 -0.79 Infinity
Nov 2022 1763.1718970468078 -0.53 Infinity
Dec 2022 1719.2945257616002 -2.49 Infinity
Jan 2023 1737.1607346850797 1.04 Infinity
Feb 2023 1763.5749295110327 1.52 Infinity
Mar 2023 1813.7965912529228 2.85 Infinity
Apr 2023 1806.5250654689269 -0.40 Infinity
May 2023 1816.2948408738646 0.54 11.23
Jun 2023 1820.2058275012887 0.22 11.41
Jul 2023 1817.7224291000578 -0.14 8.11
Aug 2023 1824.48400511811 0.37 6.77
Sep 2023 1779.091618885713 -2.49 -0.42
Oct 2023 1809.5763965993708 1.71 2.09
Nov 2023 1829.2035276376303 1.09 3.75
Dec 2023 1852.172236531484 1.26 7.73
Jan 2024 1829.6362372731971 -1.22 5.32
Feb 2024 1801.2437063544612 -1.55 2.14
Mar 2024 1819.2756662134188 1.00 0.30
Apr 2024 1863.748830916834 2.44 3.17
May 2024 1912.3305396597823 2.61 5.29
Jun 2024 1921.7278186250003 0.49 5.58
Jul 2024 1913.6383844939287 -0.42 5.28
Aug 2024 1894.511143837758 -1.00 3.84
Sep 2024 1902.6997712063594 0.43 6.95
Oct 2024 1889.5196309905878 -0.69 4.42
Nov 2024 1888.1198254749654 -0.07 3.22
Dec 2024 1900.8616848299544 0.68 2.63
Jan 2025 1901.28950633037 0.02 3.92
Feb 2025 1916.0193522984853 0.78 6.37
Mar 2025 1889.560878407358 -1.38 3.86
Apr 2025 1871.7701546379922 -0.94 0.43
May 2025 1839.0333975559308 -1.75 -3.83
Jun 2025 1841.9414817122752 0.16 -4.15
Jul 2025 1852.1531080689376 0.55 -3.21
Aug 2025 1870.9464187230415 1.01 -1.24
Sep 2025 1884.048116343797 0.70 -0.98
Oct 2025 1894.63400137593 0.56 0.27
Nov 2025 1901.1725897018875 0.35 0.69
Dec 2025 1902.2529703484868 0.06 0.07
Jan 2026 1922 1.04 1.09