Zip Code: 33128 (Miami, 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 33128 Zip Code (Miami, Florida) in January 2026 was $2,389.156. The month over month percentage change (MoM) was 0.00%, and the year over year percentage change (YoY) was -2.53%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 33128 zip code (Miami, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 33128 zip code (Miami, 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: 33128 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 33128 (Miami, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 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 2410.545179241878 Infinity Infinity
Mar 2022 2325.2033232539816 -3.54 Infinity
Apr 2022 2271.3440363814548 -2.32 Infinity
May 2022 2359.0105327407236 3.86 Infinity
Jun 2022 2415.6980479029376 2.40 Infinity
Jul 2022 2422.583497828046 0.28 Infinity
Aug 2022 2408.6666373109515 -0.57 Infinity
Sep 2022 2415.321001100471 0.28 Infinity
Oct 2022 2409.3110653333015 -0.25 Infinity
Nov 2022 2395.255471733591 -0.58 Infinity
Dec 2022 2334.4253035832635 -2.54 Infinity
Jan 2023 2322.4672501723016 -0.51 Infinity
Feb 2023 2358.31697837787 1.54 -2.17
Mar 2023 2397.3860719015115 1.66 3.10
Apr 2023 2413.8358982508394 0.69 6.27
May 2023 2408.6100403077653 -0.22 2.10
Jun 2023 2395.62263532434 -0.54 -0.83
Jul 2023 2403.5386404384853 0.33 -0.79
Aug 2023 2365.075497463896 -1.60 -1.81
Sep 2023 2375.901108086793 0.46 -1.63
Oct 2023 2360.0273700895855 -0.67 -2.05
Nov 2023 2362.670532953078 0.11 -1.36
Dec 2023 2353.0561916967426 -0.41 0.80
Jan 2024 2364.3201969326265 0.48 1.80
Feb 2024 2388.0214372338132 1.00 1.26
Mar 2024 2431.505727185007 1.82 1.42
Apr 2024 2460.3376195773285 1.19 1.93
May 2024 2457.1709123860314 -0.13 2.02
Jun 2024 2441.464231363565 -0.64 1.91
Jul 2024 2403.752920573236 -1.54 0.01
Aug 2024 2426.1659767308815 0.93 2.58
Sep 2024 2448.7735554737583 0.93 3.07
Oct 2024 2479.7345173004524 1.26 5.07
Nov 2024 2464.272181547437 -0.62 4.30
Dec 2024 2461.444554856157 -0.11 4.61
Jan 2025 2451.214220525949 -0.42 3.68
Feb 2025 2420.1521243518 -1.27 1.35
Mar 2025 2390.944494103119 -1.21 -1.67
Apr 2025 2377.7550642877522 -0.55 -3.36
May 2025 2371.3534766525445 -0.27 -3.49
Jun 2025 2381.363718871723 0.42 -2.46
Jul 2025 2405.459794623689 1.01 0.07
Aug 2025 2409.5919075607258 0.17 -0.68
Sep 2025 2386.5404369732637 -0.96 -2.54
Oct 2025 2370.1351564121 -0.69 -4.42
Nov 2025 2378.236769394249 0.34 -3.49
Dec 2025 2389.0559984717815 0.46 -2.94
Jan 2026 2389.1556776556777 0.00 -2.53