Zip Code: 33140 (Miami 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 33140 Zip Code (Miami Beach, Florida) in January 2026 was $3,608.179. The month over month percentage change (MoM) was 0.68%, and the year over year percentage change (YoY) was 3.91%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 33140 zip code (Miami Beach, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 33140 zip code (Miami 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: 33140 (Miami Beach, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 33140 (Miami Beach, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1915.1011983678213 NaN NaN
Feb 2015 1935.918081523021 1.09 NaN
Mar 2015 1936.8843549509052 0.05 NaN
Apr 2015 1955.0102743545435 0.94 NaN
May 2015 1974.8791782215283 1.02 NaN
Jun 2015 1980.6802596203202 0.29 NaN
Jul 2015 1989.4937423877648 0.45 NaN
Aug 2015 1988.0294786665963 -0.07 NaN
Sep 2015 2015.7399563552153 1.39 NaN
Oct 2015 2005.980618144703 -0.48 NaN
Nov 2015 2033.6632007970675 1.38 NaN
Dec 2015 2025.0973670051244 -0.42 NaN
Jan 2016 2047.4519717482085 1.10 6.91
Feb 2016 2030.5305976628606 -0.83 4.89
Mar 2016 2041.315738810172 0.53 5.39
Apr 2016 2035.929567163717 -0.26 4.14
May 2016 2023.697521963814 -0.60 2.47
Jun 2016 2022.072746695924 -0.08 2.09
Jul 2016 2007.1088537628664 -0.74 0.89
Aug 2016 1983.018952653054 -1.20 -0.25
Sep 2016 1982.7714478413584 -0.01 -1.64
Oct 2016 1989.2187698264563 0.33 -0.84
Nov 2016 1989.9019510259916 0.03 -2.15
Dec 2016 1985.2053352432106 -0.24 -1.97
Jan 2017 1995.59803595079 0.52 -2.53
Feb 2017 2016.8341039462452 1.06 -0.67
Mar 2017 2027.2512539734942 0.52 -0.69
Apr 2017 2005.0537608310865 -1.09 -1.52
May 2017 1999.8157343740472 -0.26 -1.18
Jun 2017 1983.4206033115106 -0.82 -1.91
Jul 2017 1977.1978002972023 -0.31 -1.49
Aug 2017 1992.6826058675813 0.78 0.49
Sep 2017 1996.1001841655082 0.17 0.67
Oct 2017 2017.2104832685807 1.06 1.41
Nov 2017 2006.859201808918 -0.51 0.85
Dec 2017 2014.7295962797418 0.39 1.49
Jan 2018 2008.160704060312 -0.33 0.63
Feb 2018 2031.7591911661762 1.18 0.74
Mar 2018 2026.2973570167687 -0.27 -0.05
Apr 2018 2037.0592886921038 0.53 1.60
May 2018 2013.173172805699 -1.17 0.67
Jun 2018 2015.3599520604464 0.11 1.61
Jul 2018 2043.419907371375 1.39 3.35
Aug 2018 2055.1833359100397 0.58 3.14
Sep 2018 2066.5578090927534 0.55 3.53
Oct 2018 2038.3212105722953 -1.37 1.05
Nov 2018 2069.171060656537 1.51 3.11
Dec 2018 2069.5348906643844 0.02 2.72
Jan 2019 2061.575850844223 -0.38 2.66
Feb 2019 2005.0169991819016 -2.74 -1.32
Mar 2019 2005.7914131344132 0.04 -1.01
Apr 2019 2013.5500209717786 0.39 -1.15
May 2019 2042.240309015596 1.43 1.44
Jun 2019 2057.178160549555 0.73 2.08
Jul 2019 2051.9227799213772 -0.25 0.42
Aug 2019 2052.431809703793 0.03 -0.13
Sep 2019 2055.9171187239826 0.17 -0.51
Oct 2019 2082.5541188136895 1.30 2.17
Nov 2019 2083.0362393393757 0.02 0.67
Dec 2019 2103.358028098018 0.98 1.63
Jan 2020 2136.9817359708727 1.60 3.66
Feb 2020 2196.3612194106977 2.78 9.54
Mar 2020 2128.1970295327606 -3.10 6.10
Apr 2020 2095.3796821663454 -1.54 4.06
May 2020 2042.1835516137294 -2.54 0.00
Jun 2020 2038.2507830084323 -0.19 -0.92
Jul 2020 2054.748289318648 0.81 0.14
Aug 2020 2062.9252910503205 0.40 0.51
Sep 2020 2087.282669339707 1.18 1.53
Oct 2020 2106.065856507723 0.90 1.13
Nov 2020 2147.0355092551413 1.95 3.07
Dec 2020 2189.7839626089394 1.99 4.11
Jan 2021 2261.710593811806 3.29 5.84
Feb 2021 2334.347547124877 3.21 6.28
Mar 2021 2394.823025015401 2.59 12.53
Apr 2021 2455.2396766384068 2.52 17.17
May 2021 2551.039474864787 3.90 24.92
Jun 2021 2636.9215908223014 3.37 29.37
Jul 2021 2713.086888761252 2.89 32.04
Aug 2021 2747.7386604570893 1.28 33.20
Sep 2021 2739.5882489443784 -0.30 31.25
Oct 2021 2760.2430773502933 0.75 31.06
Nov 2021 2855.124656282482 3.44 32.98
Dec 2021 2964.1312553263583 3.82 35.36
Jan 2022 3026.8844470547624 2.12 33.83
Feb 2022 3036.0304746292422 0.30 30.06
Mar 2022 3097.43759421331 2.02 29.34
Apr 2022 3180.5442993594284 2.68 29.54
May 2022 3268.4787619817057 2.77 28.12
Jun 2022 3321.5121034815224 1.62 25.96
Jul 2022 3336.655406207988 0.46 22.98
Aug 2022 3364.1235406572914 0.82 22.43
Sep 2022 3431.111587778377 1.99 25.24
Oct 2022 3476.1148725508315 1.31 25.94
Nov 2022 3420.028252233744 -1.61 19.79
Dec 2022 3398.5751235820603 -0.63 14.66
Jan 2023 3371.723140268408 -0.79 11.39
Feb 2023 3382.8556923933866 0.33 11.42
Mar 2023 3381.8190924524547 -0.03 9.18
Apr 2023 3395.5816309067663 0.41 6.76
May 2023 3389.2445213144883 -0.19 3.70
Jun 2023 3358.0748627625753 -0.92 1.10
Jul 2023 3358.9067146699263 0.03 0.67
Aug 2023 3390.610605929851 0.94 0.79
Sep 2023 3418.3826575900835 0.82 -0.37
Oct 2023 3445.7705245680104 0.80 -0.87
Nov 2023 3498.3985130707724 1.53 2.29
Dec 2023 3490.3698366831786 -0.23 2.70
Jan 2024 3479.208785827162 -0.32 3.19
Feb 2024 3422.392463839903 -1.63 1.17
Mar 2024 3443.0509884483954 0.60 1.81
Apr 2024 3436.3708126239335 -0.19 1.20
May 2024 3417.940779552898 -0.54 0.85
Jun 2024 3455.6270794161396 1.10 2.91
Jul 2024 3455.955809809713 0.01 2.89
Aug 2024 3500.2471746226865 1.28 3.23
Sep 2024 3454.0769280221075 -1.32 1.04
Oct 2024 3484.4099087808468 0.88 1.12
Nov 2024 3436.9019195045685 -1.36 -1.76
Dec 2024 3462.4699117491314 0.74 -0.80
Jan 2025 3472.349701078616 0.28 -0.20
Feb 2025 3532.179645861374 1.72 3.21
Mar 2025 3526.559642908165 -0.16 2.42
Apr 2025 3529.1925997758044 0.08 2.70
May 2025 3547.565957932177 0.52 3.79
Jun 2025 3542.2397083974297 -0.15 2.51
Jul 2025 3558.4509945422924 0.46 2.97
Aug 2025 3524.611679040051 -0.95 0.70
Sep 2025 3555.888029557846 0.89 2.95
Oct 2025 3533.150095940076 -0.64 1.40
Nov 2025 3575.467326217053 1.20 4.03
Dec 2025 3583.7949868515266 0.23 3.50
Jan 2026 3608.178662769456 0.68 3.91