Apartment Rent in Overtown
Miami, Florida · FL
Avg 1BR Rent $2,825 /month
Rent by Bedroom Count
Studio $1,925/mo ~460 sq ft $4.18/sq ft
1 Bedroom $2,825/mo ~639 sq ft $4.42/sq ft
2 Bedrooms $3,775/mo ~927 sq ft $4.07/sq ft
3 Bedrooms $5,025/mo ~1182 sq ft $4.25/sq ft
Market Metrics
Year-over-Year Change -0.1% Rents declining
Vacancy Rate 8.2% Plenty of options
Walk Score 74/100 Very Walkable
Transit Score 58/100 Good Transit
What to Budget
At $2,825/mo for a 1-bedroom in Overtown, you should budget at least $8,475/mo in gross income (the standard 30% rule). For a studio at $1,925/mo, you'd need roughly $5,775/mo.
Studio income needed $5,775/mo
1BR income needed $8,475/mo
2BR income needed $11,325/mo
Moving to Overtown?
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