Zip Code: 34748 (Leesburg, 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 34748 Zip Code (Leesburg, Florida) in January 2026 was $1,531.413. The month over month percentage change (MoM) was -0.56%, and the year over year percentage change (YoY) was -1.63%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 34748 zip code (Leesburg, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 34748 zip code (Leesburg, 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: 34748 (Leesburg, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 34748 (Leesburg, Florida) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 775.3200541135969 Infinity Infinity
Jun 2016 778.1313560704857 0.36 Infinity
Jul 2016 786.6196826356679 1.09 Infinity
Aug 2016 789.4898674441738 0.37 Infinity
Sep 2016 795.5289142472062 0.77 Infinity
Oct 2016 808.6662339266752 1.65 Infinity
Nov 2016 817.6949145059922 1.12 Infinity
Dec 2016 822.7184804079848 0.61 Infinity
Jan 2017 822.7041123200516 0.00 Infinity
Feb 2017 827.598592003623 0.60 Infinity
Mar 2017 831.627959175699 0.49 Infinity
Apr 2017 820.4053148408358 -1.35 Infinity
May 2017 832.2545593323516 1.44 7.34
Jun 2017 833.6930410036564 0.17 7.14
Jul 2017 843.3035688478582 1.15 7.21
Aug 2017 842.2913863757551 -0.12 6.69
Sep 2017 854.5121606252841 1.45 7.41
Oct 2017 864.4496775327137 1.16 6.90
Nov 2017 881.0809867388423 1.92 7.75
Dec 2017 902.1710956975904 2.39 9.66
Jan 2018 898.0201511433698 -0.46 9.15
Feb 2018 874.4851750021327 -2.62 5.67
Mar 2018 862.5683634104352 -1.36 3.72
Apr 2018 884.7577349941541 2.57 7.84
May 2018 904.1792277283269 2.19 8.64
Jun 2018 921.8617212347654 1.96 10.58
Jul 2018 922.6760393378822 0.09 9.41
Aug 2018 931.7850999679421 0.99 10.63
Sep 2018 920.0700956265401 -1.26 7.67
Oct 2018 922.1890209807121 0.23 6.68
Nov 2018 923.5804492651845 0.15 4.82
Dec 2018 918.4309366186517 -0.56 1.80
Jan 2019 930.9138163536015 1.36 3.66
Feb 2019 947.5531941411986 1.79 8.36
Mar 2019 966.181069564513 1.97 12.01
Apr 2019 967.7143158907263 0.16 9.38
May 2019 960.2501431243892 -0.77 6.20
Jun 2019 958.0659842203272 -0.23 3.93
Jul 2019 963.5631575239902 0.57 4.43
Aug 2019 970.0945349229546 0.68 4.11
Sep 2019 986.1790352934921 1.66 7.19
Oct 2019 992.3900551423901 0.63 7.61
Nov 2019 997.2064890864976 0.49 7.97
Dec 2019 1006.2882800280629 0.91 9.57
Jan 2020 1015.4023982049633 0.91 9.08
Feb 2020 1030.5198790687987 1.49 8.76
Mar 2020 1032.1864049609112 0.16 6.83
Apr 2020 1040.2130782486383 0.78 7.49
May 2020 1033.4124403187398 -0.65 7.62
Jun 2020 1050.0576996139778 1.61 9.60
Jul 2020 1067.49054849599 1.66 10.79
Aug 2020 1084.06726644601 1.55 11.75
Sep 2020 1074.8446394614673 -0.85 8.99
Oct 2020 1073.840537229352 -0.09 8.21
Nov 2020 1059.0189507489697 -1.38 6.20
Dec 2020 1064.2059748213096 0.49 5.76
Jan 2021 1065.217074829717 0.10 4.91
Feb 2021 1076.5793286651106 1.07 4.47
Mar 2021 1069.1263410712727 -0.69 3.58
Apr 2021 1088.437660938104 1.81 4.64
May 2021 1113.7679527583914 2.33 7.78
Jun 2021 1143.1958233125083 2.64 8.87
Jul 2021 1139.851931701812 -0.29 6.78
Aug 2021 1145.4140820576617 0.49 5.66
Sep 2021 0 -100.00 -100.00
Oct 2021 1197.595161310405 Infinity 11.52
Nov 2021 1272.2699724185775 6.24 20.14
Dec 2021 1311.1663372417363 3.06 23.21
Jan 2022 1356.6097755003036 3.47 27.36
Feb 2022 1350.5299746316675 -0.45 25.45
Mar 2022 1369.8026111326444 1.43 28.12
Apr 2022 1359.9250057006805 -0.72 24.94
May 2022 1356.2936141601897 -0.27 21.78
Jun 2022 1347.7083384189584 -0.63 17.89
Jul 2022 1378.4217476954307 2.28 20.93
Aug 2022 1394.3031768303974 1.15 21.73
Sep 2022 1403.161712371974 0.64 Infinity
Oct 2022 1405.496465787712 0.17 17.36
Nov 2022 1389.3882109118974 -1.15 9.21
Dec 2022 1382.6406925722229 -0.49 5.45
Jan 2023 1385.32550443151 0.19 2.12
Feb 2023 1399.8409723777427 1.05 3.65
Mar 2023 1433.8305459300875 2.43 4.67
Apr 2023 1460.0030647620447 1.83 7.36
May 2023 1475.6520562946027 1.07 8.80
Jun 2023 1468.190508985941 -0.51 8.94
Jul 2023 1466.3586417724175 -0.12 6.38
Aug 2023 1485.5312723433344 1.31 6.54
Sep 2023 1493.236597373534 0.52 6.42
Oct 2023 1497.8774354398884 0.31 6.57
Nov 2023 1482.4770930738623 -1.03 6.70
Dec 2023 1506.0792524799633 1.59 8.93
Jan 2024 1506.7582676077272 0.05 8.77
Feb 2024 1528.2008941400998 1.42 9.17
Mar 2024 1517.5146472384251 -0.70 5.84
Apr 2024 1524.2919538838355 0.45 4.40
May 2024 1522.3650127244725 -0.13 3.17
Jun 2024 1523.3914638963438 0.07 3.76
Jul 2024 1532.7679597421265 0.62 4.53
Aug 2024 1541.0217956917224 0.54 3.74
Sep 2024 1552.4643575100893 0.74 3.97
Oct 2024 1543.9482604561817 -0.55 3.08
Nov 2024 1559.2991988554188 0.99 5.18
Dec 2024 1545.7336470697983 -0.87 2.63
Jan 2025 1556.7438977430584 0.71 3.32
Feb 2025 1546.8945132410274 -0.63 1.22
Mar 2025 1546.0406296117578 -0.05 1.88
Apr 2025 1540.560950504137 -0.35 1.07
May 2025 1544.3850773047159 0.25 1.45
Jun 2025 1557.2597274064963 0.83 2.22
Jul 2025 1552.593670386266 -0.30 1.29
Aug 2025 1540.3790789692941 -0.79 -0.04
Sep 2025 1531.0000291880938 -0.61 -1.38
Oct 2025 1538.2774100317151 0.48 -0.37
Nov 2025 1538.5895176128388 0.02 -1.33
Dec 2025 1540.117724421495 0.10 -0.36
Jan 2026 1531.412962962963 -0.56 -1.63