Zip Code: 33993 (Cape Coral, 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 33993 Zip Code (Cape Coral, Florida) in January 2026 was $2,135.948. The month over month percentage change (MoM) was -0.24%, and the year over year percentage change (YoY) was -4.34%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 33993 zip code (Cape Coral, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 33993 zip code (Cape Coral, 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: 33993 (Cape Coral, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 33993 (Cape Coral, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1068.536955383324 NaN NaN
Feb 2015 1074.273874714464 0.54 NaN
Mar 2015 1100.944619812552 2.48 NaN
Apr 2015 1128.2340718577836 2.48 NaN
May 2015 1145.6589678175992 1.54 NaN
Jun 2015 1150.2269313577476 0.40 NaN
Jul 2015 1153.7832169407304 0.31 NaN
Aug 2015 1152.2261076087666 -0.13 NaN
Sep 2015 1163.5350437418833 0.98 NaN
Oct 2015 0 -100.00 NaN
Nov 2015 1182.931728857003 Infinity NaN
Dec 2015 1199.5398003552066 1.40 NaN
Jan 2016 1232.3442926523658 2.74 15.33
Feb 2016 1228.4425191709133 -0.32 14.35
Mar 2016 1217.6593533968191 -0.88 10.60
Apr 2016 1226.643367514589 0.74 8.72
May 2016 1238.6062216491928 0.98 8.11
Jun 2016 1258.5062042831134 1.61 9.41
Jul 2016 1268.0650873309207 0.76 9.90
Aug 2016 1282.0050828770702 1.10 11.26
Sep 2016 1295.274738264001 1.03 11.32
Oct 2016 1289.4000245654515 -0.45 Infinity
Nov 2016 1287.8883787069744 -0.12 8.87
Dec 2016 1282.5549605298584 -0.41 6.92
Jan 2017 1273.4386708189702 -0.71 3.34
Feb 2017 1297.3737267650054 1.88 5.61
Mar 2017 1305.555033219204 0.63 7.22
Apr 2017 1308.622118132416 0.24 6.68
May 2017 1298.3811138442077 -0.78 4.83
Jun 2017 1305.5979984805163 0.56 3.74
Jul 2017 1315.2260080124913 0.74 3.72
Aug 2017 1325.4817695924953 0.78 3.39
Sep 2017 1330.341201138474 0.37 2.71
Oct 2017 1336.4475131283339 0.46 3.65
Nov 2017 1342.8961856600456 0.48 4.27
Dec 2017 1351.9519135508253 0.67 5.41
Jan 2018 1358.801435703477 0.51 6.70
Feb 2018 1370.7258844905398 0.88 5.65
Mar 2018 1385.8656866336012 1.11 6.15
Apr 2018 1395.062984759891 0.66 6.61
May 2018 1395.6393960435244 0.04 7.49
Jun 2018 1389.7295710991998 -0.42 6.44
Jul 2018 1378.1166939990492 -0.84 4.78
Aug 2018 1374.3925329301012 -0.27 3.69
Sep 2018 1351.7108834505318 -1.65 1.61
Oct 2018 1365.445674797639 1.02 2.17
Nov 2018 1359.075603176654 -0.47 1.21
Dec 2018 1387.4551860802353 2.09 2.63
Jan 2019 1390.7927431814746 0.24 2.35
Feb 2019 1403.7619237109054 0.93 2.41
Mar 2019 1403.357626739622 -0.03 1.26
Apr 2019 1405.2299729689928 0.13 0.73
May 2019 1418.8582751200636 0.97 1.66
Jun 2019 1426.778137375425 0.56 2.67
Jul 2019 1439.3819615514897 0.88 4.45
Aug 2019 1444.1653118930685 0.33 5.08
Sep 2019 1465.2512140356723 1.46 8.40
Oct 2019 1460.1579661273106 -0.35 6.94
Nov 2019 1468.5005243921087 0.57 8.05
Dec 2019 1447.373190418783 -1.44 4.32
Jan 2020 1447.1215403478507 -0.02 4.05
Feb 2020 1429.8777527098907 -1.19 1.86
Mar 2020 1451.8150965476889 1.53 3.45
Apr 2020 1440.7248673369274 -0.76 2.53
May 2020 1453.9580343925713 0.92 2.47
Jun 2020 1475.3994144883593 1.48 3.41
Jul 2020 1518.2854351763885 2.91 5.48
Aug 2020 1546.4364756643452 1.85 7.08
Sep 2020 1558.6870592078033 0.79 6.38
Oct 2020 1549.567784253564 -0.58 6.12
Nov 2020 1546.6349391724023 -0.19 5.32
Dec 2020 1558.3291814456006 0.76 7.67
Jan 2021 1571.0707757871378 0.82 8.57
Feb 2021 1609.1211574838799 2.42 12.54
Mar 2021 1638.1083677234305 1.80 12.83
Apr 2021 1702.4844068633188 3.93 18.17
May 2021 1717.4640878290013 0.88 18.12
Jun 2021 1744.8174505158895 1.59 18.26
Jul 2021 1768.7403920898769 1.37 16.50
Aug 2021 1820.5732960838022 2.93 17.73
Sep 2021 1867.3954033357338 2.57 19.81
Oct 2021 1909.742225691213 2.27 23.24
Nov 2021 1969.0822306542639 3.11 27.31
Dec 2021 2048.6447102692414 4.04 31.46
Jan 2022 2076.389281353603 1.35 32.16
Feb 2022 2046.9428539758655 -1.42 27.21
Mar 2022 2043.4806527759004 -0.17 24.75
Apr 2022 2050.3283015335405 0.34 20.43
May 2022 2125.103644229821 3.65 23.74
Jun 2022 2162.130663330085 1.74 23.92
Jul 2022 2210.498258020154 2.24 24.98
Aug 2022 2199.2507784446307 -0.51 20.80
Sep 2022 2190.0936654659918 -0.42 17.28
Oct 2022 2179.1489513310603 -0.50 14.11
Nov 2022 2189.6955483677907 0.48 11.20
Dec 2022 2205.549852028328 0.72 7.66
Jan 2023 2242.680490002232 1.68 8.01
Feb 2023 2286.4539697010155 1.95 11.70
Mar 2023 2311.7803087022744 1.11 13.13
Apr 2023 2317.1454108801113 0.23 13.01
May 2023 2293.9543668759975 -1.00 7.95
Jun 2023 2293.1620145836955 -0.04 6.06
Jul 2023 2263.115377157087 -1.31 2.38
Aug 2023 2256.2093018008236 -0.30 2.59
Sep 2023 2268.363385307775 0.54 3.57
Oct 2023 2301.408567433123 1.46 5.61
Nov 2023 2307.7424692671734 0.28 5.39
Dec 2023 2276.377273229155 -1.36 3.21
Jan 2024 2274.279619324948 -0.09 1.41
Feb 2024 2263.419962121766 -0.48 -1.01
Mar 2024 2260.446403255675 -0.13 -2.22
Apr 2024 2236.1009395988985 -1.08 -3.50
May 2024 2250.2970722158097 0.64 -1.90
Jun 2024 2246.9343451759055 -0.15 -2.02
Jul 2024 2255.5528620371506 0.38 -0.33
Aug 2024 2256.2602928266238 0.03 0.00
Sep 2024 2252.6796671556835 -0.16 -0.69
Oct 2024 2263.661624470691 0.49 -1.64
Nov 2024 2251.5684543201914 -0.53 -2.43
Dec 2024 2255.2185330233924 0.16 -0.93
Jan 2025 2232.7818372687134 -0.99 -1.82
Feb 2025 2230.247116199817 -0.11 -1.47
Mar 2025 2223.739775719 -0.29 -1.62
Apr 2025 2236.7933591068463 0.59 0.03
May 2025 2219.995026602372 -0.75 -1.35
Jun 2025 2211.9567288373532 -0.36 -1.56
Jul 2025 2204.3799813428445 -0.34 -2.27
Aug 2025 2200.8404314963504 -0.16 -2.46
Sep 2025 2189.7016488330523 -0.51 -2.80
Oct 2025 2157.449352412235 -1.47 -4.69
Nov 2025 2148.0810221587567 -0.43 -4.60
Dec 2025 2141.0656952197623 -0.33 -5.06
Jan 2026 2135.9481074481077 -0.24 -4.34