Average Rent in Overtown, Miami, FL

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Current Versus Historical Overtown, Miami, FL Rents

Overtown rentals average $1,911 for a studio rental to $11,750 for a 4-bedroom rental. The median price of all currently available listings is $2,089, 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 decreased by $91 (-5.19%) year-over-year from $1,757 to $1,666. 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 $390 (-14.48%) year-over-year from $2,690 to $2,300. 3-bedroom rentals prices have increased by $183 (6.51%) year-over-year from $2,817 to $3,000. 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 18.42% this month. 1-bedroom rents have gone down by 13.49% this month. 2-bedroom rents have gone down by 11.31% this month. 3-bedroom rents have gone down by 8.16% 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	$1,666	$1,757 (-5.19%)	$1,412 (18.00%)
1 BR	$2.92	$1,700	$1,683 (0.99%)	$1,767 (-3.79%)
2 BR	$2.92	$2,300	$2,690 (-14.48%)	$2,813 (-18.24%)
3 BR	$2.69	$3,000	$2,817 (6.51%)	$3,016 (-0.53%)
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 32 cities nearby Overtown. The average rent in Overtown is currently $2,838 per month. Only one city nearby has an average rent lower than that. Our records show that Golden Glades, FL, with an average rent of $2,050, 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 $11,725 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 32.23% more expensive than other cities nearby. One bedrooms are about 2.03% more affordable. Two bedrooms in Overtown, Miami, FL are about 12.78% more affordable. Finally, rent for three bedrooms are about 13.74% more affordable. Want more information? Check out the top 10 cities out of 32 total cities near Overtown, Miami, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
North Miami, FL	$1,748	$1,788	$2,575	$2,250
Hialeah, FL	$1,375	$1,850	$2,300	$2,500
South Miami, FL	$1,775	$1,975	$3,000	$2,800
North Bay Village, FL	$1,800	$2,200	$3,100	$3,000
Miami, FL	$2,300	$3,000	$3,990	$3,500
Miami Beach, FL	$2,353	$2,704	$4,800	$3,500
Coral Gables, FL	$1,900	$2,300	$3,600	$4,200
Bay Harbor Islands, FL	N/A	$2,300	$4,600	$4,500
Surfside, FL	$2,800	$3,175	$5,375	$4,800
Key Biscayne, FL	N/A	$3,150	$6,800	$8,000

Top Neighborhoods Near Overtown

There are a total of 36 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 36 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 $3,038 per month. A total of one neighborhood has a lower average rent. Meaning, only twenty-nine neighborhoods have a higher average rent than $3,038. Interestingly, the neighborhoods' average rent is higher than Overtown's average rent, which is only $2,089. Out of all the neighborhoods in or near Overtown, Altos Del Mar South has the most affordable average rent at $2,000 per month. Whereas, at $11,725 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	$1,950	$2,950	$2,000
Flamingo - Lummus, Miami Beach, FL	$1,850	$2,150	$3,100	$2,175
East Little Havana, Miami, FL	$1,500	$1,900	$2,350	$2,250
Upper East Side, Miami, FL	$1,750	$1,975	$2,625	$2,300
Glenvar Heights, FL	$1,846	$1,850	$2,625	$2,300
Normandy Isles, Miami Beach, FL	$1,600	$2,000	$2,650	$2,300
Allapattah, Miami, FL	$1,500	$1,875	$2,350	$2,300
Flagami, Miami, FL	$1,400	$1,950	$2,400	$2,300
West Little Havana, Miami, FL	$1,550	$1,800	$2,500	$2,350
Eastern Shores, North Miami Beach, FL	N/A	$1,950	$2,500	$2,400
Liberty City, Miami, FL	$1,500	$1,600	$2,375	$2,500
Little Haiti, Miami, FL	$1,449	$1,995	$2,650	$2,550
Treasure Island, North Bay Village, FL	N/A	$2,200	$2,995	$2,985
South Miami, FL	$1,775	$1,975	$3,100	$3,000
Coral Way, Miami, FL	$1,950	$2,100	$2,900	$3,075
Media and Entertainment District, Miami, FL	$2,300	$3,000	$4,152	$3,400
City Center, Miami Beach, FL	$2,650	$3,500	$12,500	$3,400
Downtown Miami, Miami, FL	$2,500	$3,000	$4,000	$3,500
West Avenue, Miami Beach, FL	$2,595	$3,200	$4,950	$3,500
Wynwood, Miami, FL	$2,825	$3,450	$5,000	$4,000
Brickell, Miami, FL	$2,650	$3,400	$4,800	$4,200
Bay Harbor Islands, FL	N/A	$2,300	$4,600	$4,500
Altos Del Mar, Surfside, FL	$2,800	$3,175	$5,500	$4,600
Park West, Miami, FL	$3,500	$4,000	$6,850	$4,900
Edgewater, Miami, FL	N/A	$3,400	$5,000	$5,000
Bayshore, Miami Beach, FL	N/A	$4,200	$5,500	$5,700
South Pointe, Miami Beach, FL	$1,975	$3,150	$9,550	$7,000
Northeast Coconut Grove, Miami, FL	$2,200	$3,400	$8,450	$7,900
Village of Key Biscayne, Key Biscayne, FL	N/A	$3,150	$6,800	$8,000
Bal Harbour, FL	$3,250	$4,100	$9,150	$11,725

Top Counties Near Overtown

There are a total of 36 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 $3,025. 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 18.22% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Overtown, Miami, FL is 10.14% more affordable than other counties nearby. Finally, rent for two bedrooms in Overtown, Miami, FL is 11.11% 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	$1,275	$1,850	$2,300	$2,500
Miami Gardens, FL	$1,300	$1,488	$2,300	$2,800
Kendale Lakes-Tamiami, FL	$1,700	$1,850	$2,400	$2,800
North Westside, FL	$2,050	$2,100	$2,500	$3,000
Hallandale Beach, FL	$1,800	$2,300	$3,200	$3,000
Kendall-Palmetto Bay, FL	N/A	$1,975	$2,500	$3,050
Miami, FL	$2,100	$2,500	$3,350	$3,200
South Westside, FL	$1,425	$1,898	$2,500	$3,574
Miami Beach, FL	$2,200	$2,700	$4,800	$3,998
Key Biscayne, FL	N/A	$3,150	$6,800	$8,000

Top Zipcodes Near Overtown

There are a total of 10 zipcodes in or near Overtown, Miami, FL. The average rent for all of these zipcodes is $3,000.

The following chart includes the top 10 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	$2,950	$3,875	$3,400
33137, Miami, FL	$2,573	$3,250	$5,000	$4,500
33014, Hialeah, FL	N/A	$1,895	$2,363	$2,300
33178, Doral, FL	$2,000	$2,250	$2,800	$3,410
33179, Ives Estates, FL	N/A	$1,800	$2,200	$2,350
33180, Aventura, FL	N/A	$2,400	$3,450	$3,500
33015, Country Club, FL	N/A	$1,850	$2,300	$2,375
33009, Hallandale Beach, FL	$1,875	$2,300	$3,200	$3,000
33025, Miramar, FL	N/A	$1,950	$2,300	$2,400
33157, Palmetto Bay, FL	N/A	$1,788	$2,100	$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 $2,089. 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 $1,911 and an average price per square feet of $4.43. There are a total of 6 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 $1,850 and an average price per square feet of $2.92. There are a total of 19 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 $2,250 and an average price per square feet of $2.92. There are a total of 16 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 -0.05%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by -0.14%, and three bedroom rental prices have changed by 0.07% year-over-year.

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

A reasonable rent price in Overtown, Miami, FL is around $1,671/month. You can search for these reasonably priced rental listings on RentHop.