Average Rent in Overtown, Miami, FL

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Current Versus Historical Overtown, Miami, FL Rents

Overtown rentals average $1,999 for a studio rental to $11,750 for a 4-bedroom rental. The median price of all currently available listings is $2,075, or roughly $3 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $330 (18.78%) year-over-year from $1,757 to $2,087. 1-bedroom rentals prices have increased by $17 (0.99%) year-over-year from $1,683 to $1,700. 2-bedroom rentals prices have decreased by $190 (-7.05%) year-over-year from $2,690 to $2,500. 3-bedroom rentals prices have increased by $133 (4.73%) year-over-year from $2,817 to $2,950. 4-bedroom rentals prices have decreased by $10,217 (-59.34%) year-over-year from $17,217 to $7,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 4.37% this month. 1-bedroom rents have gone down by 13.49% this month. 2-bedroom rents have gone down by 6.02% this month. 3-bedroom rents have gone down by 9.23% this month. 4-bedroom rents have gone down by 1.41% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.43	$2,087	$1,757 (18.78%)	$1,412 (47.82%)
1 BR	$3.30	$1,700	$1,683 (0.99%)	$1,767 (-3.79%)
2 BR	$2.88	$2,500	$2,690 (-7.05%)	$2,813 (-11.13%)
3 BR	$2.73	$2,950	$2,817 (4.73%)	$3,016 (-2.19%)
4+ BR	$6.44	$7,000	$17,217 (-59.34%)	$4,604 (52.03%)

Historical Rents in Overtown, Miami, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Overtown

There are a total of 30 cities nearby Overtown. The average rent in Overtown is currently $2,813 per month. Our records show that Golden Glades, FL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Overtown, Miami, FL is Bal Harbour, FL. Monthly rents here are on average $12,000 per month.

Let's compare Overtown, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Overtown, Miami, FL is 24.99% more expensive than other cities nearby. One bedrooms are about 11.76% more affordable. Two bedrooms in Overtown, Miami, FL are about 8.70% more affordable. Finally, rent for three bedrooms are about 11.93% more affordable. Want more information? Check out the top 10 cities out of 30 total cities near Overtown, Miami, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
North Miami, FL	$1,600	$1,750	$2,450	$2,100
Golden Glades, FL	$1,400	$1,650	$2,150	$2,100
Hialeah, FL	$1,599	$1,775	$2,300	$2,500
North Bay Village, FL	$1,850	$2,175	$3,200	$3,100
Miami, FL	$2,300	$3,000	$3,901	$3,500
Miami Beach, FL	$2,350	$2,750	$4,700	$3,500
Bay Harbor Islands, FL	$1,750	$2,150	$4,800	$4,100
Coral Gables, FL	$1,850	$2,550	$3,500	$4,200
Surfside, FL	$2,648	$3,225	$4,825	$4,850
Key Biscayne, FL	N/A	$3,100	$7,000	$8,000

Top Neighborhoods Near Overtown

There are a total of 37 neighborhoods in or near Overtown. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. We've included the top 30 neighborhoods out of 37 total neighborhoods in or near Overtown, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Overtown, Miami, FL is currently around $3,200 per month. A total of one neighborhood has a lower average rent. Meaning, only twenty-nine neighborhoods have a higher average rent than $3,200. Interestingly, the neighborhoods' average rent is higher than Overtown's average rent, which is only $2,075. Out of all the neighborhoods in or near Overtown, Altos Del Mar South has the most affordable average rent at $2,050 per month. Whereas, at $12,000 average rent per month, Bal Harbour is the most expensive neighborhood in or near Overtown. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Altos Del Mar South, Miami Beach, FL	$1,700	$1,900	$3,000	$2,050
Flamingo - Lummus, Miami Beach, FL	$1,800	$2,198	$3,100	$2,200
East Little Havana, Miami, FL	$1,600	$1,850	$2,375	$2,300
Eastern Shores, North Miami Beach, FL	N/A	$1,950	$2,450	$2,300
Glenvar Heights, FL	$1,850	$1,850	$2,500	$2,338
Flagami, Miami, FL	$1,300	$1,825	$2,495	$2,350
Allapattah, Miami, FL	N/A	$1,800	$2,350	$2,350
Upper East Side, Miami, FL	$1,750	$1,975	$2,650	$2,388
Liberty City, Miami, FL	$1,275	$1,700	$2,300	$2,475
West Little Havana, Miami, FL	$1,550	$1,800	$2,500	$2,500
Normandy Isles, Miami Beach, FL	$1,650	$2,025	$2,600	$2,500
Little Haiti, Miami, FL	$1,449	$2,000	$2,500	$2,700
Treasure Island, North Bay Village, FL	N/A	$2,100	$3,000	$3,000
Coral Way, Miami, FL	$1,700	$2,200	$2,850	$3,100
South Miami, FL	$1,800	$1,975	$3,000	$3,200
City Center, Miami Beach, FL	$2,600	$3,200	$9,000	$3,200
Media and Entertainment District, Miami, FL	$2,300	$3,000	$4,000	$3,370
West Avenue, Miami Beach, FL	$2,456	$3,102	$4,900	$3,451
Downtown Miami, Miami, FL	$2,600	$3,000	$4,000	$3,500
Wynwood, Miami, FL	$2,750	$3,500	$4,999	$4,000
Bay Harbor Islands, FL	$1,750	$2,150	$4,800	$4,100
Brickell, Miami, FL	$2,650	$3,400	$4,700	$4,175
Park West, Miami, FL	$3,275	$4,000	$5,900	$4,900
Altos Del Mar, Surfside, FL	$2,648	$3,225	$5,275	$5,000
Edgewater, Miami, FL	$1,843	$3,225	$5,000	$5,000
Bayshore, Miami Beach, FL	N/A	$3,450	$5,500	$5,150
South Pointe, Miami Beach, FL	$1,850	$3,200	$9,900	$5,925
Northeast Coconut Grove, Miami, FL	$2,200	$3,550	$8,200	$7,900
Village of Key Biscayne, Key Biscayne, FL	N/A	$3,100	$7,000	$8,000
Bal Harbour, FL	$3,000	$3,940	$8,500	$12,000

Top Counties Near Overtown

There are a total of 37 counties located by Overtown, Miami, FL. Some of these counties include Hialeah, FL, Miami Gardens, FL, and Kendale Lakes-Tamiami, FL. The average rent for rentals in these counties is $3,075. That's roughly around $3 per sqft. The county that is the most affordable is Hialeah, FL. It's average rent per month is $2,500. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by Overtown, Miami, FL.

Typically, rent for studios in Overtown, Miami, FL is 18.73% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Overtown, Miami, FL is 16.10% more affordable than other counties nearby. Finally, rent for two bedrooms in Overtown, Miami, FL is 9.78% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Hialeah, FL	$1,599	$1,850	$2,300	$2,500
Miami Gardens, FL	$1,200	$1,595	$2,200	$2,825
Kendale Lakes-Tamiami, FL	$1,650	$1,800	$2,400	$2,850
North Westside, FL	$2,100	$2,000	$2,550	$3,000
Hallandale Beach, FL	$1,675	$2,300	$3,200	$3,000
Kendall-Palmetto Bay, FL	N/A	$1,948	$2,400	$3,150
Miami, FL	$2,094	$2,541	$3,398	$3,250
South Westside, FL	$1,400	$1,850	$2,500	$3,500
Miami Beach, FL	$2,200	$2,700	$4,800	$3,999
Key Biscayne, FL	N/A	$3,100	$7,000	$8,000

Top Zipcodes Near Overtown

There are a total of 9 zipcodes in or near Overtown, Miami, FL. The average rent for all of these zipcodes is $3,000.

The following chart includes the top 9 zipcodes in Overtown, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33130, Miami, FL	$2,300	$3,000	$3,777	$3,500
33137, Miami, FL	$2,150	$3,200	$4,999	$4,600
33178, Doral, FL	$2,050	$2,250	$2,800	$3,300
33179, Ives Estates, FL	N/A	$1,800	$2,300	$2,383
33180, Aventura, FL	N/A	$2,400	$3,420	$3,550
33015, Country Club, FL	N/A	$1,850	$2,300	$2,325
33009, Hallandale Beach, FL	$1,675	$2,300	$3,325	$3,000
33025, Miramar, FL	N/A	$1,925	$2,250	$2,350
33157, Palmetto Bay, FL	N/A	$1,675	$2,200	$3,000

Frequently Asked Questions - Overtown Average Rents

What is the average rent price in Overtown, Miami, FL?

The average monthly rental price for Overtown, Miami, FL apartments for rent is approximately $2,075. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Overtown, Miami, FL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Overtown, Miami, FL.

How much is a studio apartment in Overtown, Miami, FL?

The average monthly rental price for studio apartments is $1,999 and an average price per square feet of $4.43. There are a total of 5 studio apartment listings currently available for rent in Overtown.

How much is a one bedroom apartment in Overtown, Miami, FL?

The average monthly rental price for one bedroom apartments is $1,700 and an average price per square feet of $3.30. There are a total of 25 one bedroom apartment listings currently available for rent in Overtown.

How much is a two bedroom apartment in Overtown, Miami, FL?

The average monthly rental price for two bedroom apartments is $2,300 and an average price per square feet of $2.88. There are a total of 15 two bedroom apartment listings currently available for rent in Overtown.

How have rent prices in Overtown, Miami, FL changed this year?

Rent prices for rentals in Overtown, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.19%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in Overtown, Miami, FL?

A reasonable rent price in Overtown, Miami, FL is around $1,660/month. You can search for these reasonably priced rental listings on RentHop.