Zip Code: 32901 (Melbourne, 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 32901 Zip Code (Melbourne, Florida) in January 2026 was $1,677.841. The month over month percentage change (MoM) was -0.42%, and the year over year percentage change (YoY) was 0.19%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 32901 zip code (Melbourne, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 32901 zip code (Melbourne, 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: 32901 (Melbourne, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 32901 (Melbourne, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 1050.5932898817807 Infinity Infinity
Apr 2018 1034.9158118742125 -1.49 Infinity
May 2018 1059.4666326596343 2.37 Infinity
Jun 2018 1070.6137174916516 1.05 Infinity
Jul 2018 1082.818697126381 1.14 Infinity
Aug 2018 1086.309333857492 0.32 Infinity
Sep 2018 1085.2674563796613 -0.10 Infinity
Oct 2018 1105.34474286398 1.85 Infinity
Nov 2018 1112.683262528306 0.66 Infinity
Dec 2018 1100.022301046395 -1.14 Infinity
Jan 2019 1093.8702676884834 -0.56 Infinity
Feb 2019 1098.8601348587422 0.46 Infinity
Mar 2019 1106.6355656602302 0.71 5.33
Apr 2019 1120.4353188471061 1.25 8.26
May 2019 1111.850612153426 -0.77 4.94
Jun 2019 1115.8099343063084 0.36 4.22
Jul 2019 1120.8797975835155 0.45 3.52
Aug 2019 1130.0774810211801 0.82 4.03
Sep 2019 1129.9530710411545 -0.01 4.12
Oct 2019 1131.2538776597312 0.12 2.34
Nov 2019 1142.500730789946 0.99 2.68
Dec 2019 1174.6122354401261 2.81 6.78
Jan 2020 1187.43247599019 1.09 8.55
Feb 2020 1204.8229675756563 1.47 9.64
Mar 2020 1166.4731252180188 -3.18 5.41
Apr 2020 1166.5554454420808 0.01 4.12
May 2020 1139.1939988096346 -2.35 2.46
Jun 2020 1143.8476791283726 0.41 2.51
Jul 2020 1155.9202063127768 1.06 3.13
Aug 2020 1168.297219143895 1.07 3.38
Sep 2020 1162.5948015927067 -0.49 2.89
Oct 2020 1156.4846223692625 -0.53 2.23
Nov 2020 1164.0059149434271 0.65 1.88
Dec 2020 1178.2496616018648 1.22 0.31
Jan 2021 1200.5259274115283 1.89 1.10
Feb 2021 1210.7674402367104 0.85 0.49
Mar 2021 1230.2187096348632 1.61 5.47
Apr 2021 1255.0622522188385 2.02 7.59
May 2021 1307.8433103247255 4.21 14.80
Jun 2021 1334.4405890641146 2.03 16.66
Jul 2021 1363.6176690042673 2.19 17.97
Aug 2021 1384.5137414512683 1.53 18.51
Sep 2021 1444.8831109252467 4.36 24.28
Oct 2021 1461.6579043323306 1.16 26.39
Nov 2021 1486.3546128191676 1.69 27.69
Dec 2021 1483.31142132957 -0.20 25.89
Jan 2022 1516.4755637374697 2.24 26.32
Feb 2022 1530.8506667196662 0.95 26.44
Mar 2022 1546.319021446993 1.01 25.70
Apr 2022 1565.288075538209 1.23 24.72
May 2022 1573.5367771901683 0.53 20.32
Jun 2022 1597.2797411685597 1.51 19.70
Jul 2022 1606.2437001919152 0.56 17.79
Aug 2022 1608.714738885221 0.15 16.19
Sep 2022 1599.2615399776982 -0.59 10.68
Oct 2022 1618.574445351608 1.21 10.74
Nov 2022 1638.4838992375928 1.23 10.24
Dec 2022 1647.2038769976173 0.53 11.05
Jan 2023 1626.6921966109123 -1.25 7.27
Feb 2023 1620.167574290586 -0.40 5.83
Mar 2023 1640.6265981211222 1.26 6.10
Apr 2023 1633.2824512273771 -0.45 4.34
May 2023 1640.057901459437 0.42 4.23
Jun 2023 1616.1422216747724 -1.46 1.18
Jul 2023 1602.8828398891028 -0.82 -0.21
Aug 2023 1604.632545938648 0.11 -0.25
Sep 2023 1591.7924946059527 -0.80 -0.47
Oct 2023 1597.6597641139829 0.37 -1.29
Nov 2023 1577.680941733016 -1.25 -3.71
Dec 2023 1585.8253079378505 0.52 -3.73
Jan 2024 1593.0292498802548 0.45 -2.07
Feb 2024 1619.4881783851172 1.66 -0.04
Mar 2024 1635.3776269126688 0.98 -0.32
Apr 2024 1652.6240737325502 1.06 1.18
May 2024 1635.1174377385855 -1.06 -0.30
Jun 2024 1640.1329548291983 0.31 1.48
Jul 2024 1657.2475223555412 1.04 3.39
Aug 2024 1672.313196995161 0.91 4.22
Sep 2024 1678.5898976119247 0.38 5.45
Oct 2024 1660.7645769658511 -1.06 3.95
Nov 2024 1661.7158639722677 0.06 5.33
Dec 2024 1658.0218449608471 -0.22 4.55
Jan 2025 1674.7093724204924 1.01 5.13
Feb 2025 1661.8005908895507 -0.77 2.61
Mar 2025 1643.9233650347544 -1.08 0.52
Apr 2025 1637.6092794487147 -0.38 -0.91
May 2025 1651.6550365096068 0.86 1.01
Jun 2025 1660.969829634072 0.56 1.27
Jul 2025 1658.82119971761 -0.13 0.10
Aug 2025 1652.276963917885 -0.39 -1.20
Sep 2025 1660.008697233071 0.47 -1.11
Oct 2025 1671.966305162659 0.72 0.67
Nov 2025 1682.1323114171919 0.61 1.23
Dec 2025 1684.9996297995685 0.17 1.63
Jan 2026 1677.840909090909 -0.42 0.19