Last updated
Average Rent in Overtown & Rent Trends
Rent prices and market trends across 3 apartment communities in Overtown, Miami, FL. Updated daily.
Market Average
$2,577/mo
Lowest Available
$2,040/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
25
available now
Price Cuts This Week in Overtown
10 listed units across 2 buildings offering 1 bed units in Overtown dropped their asking rent in the past 7 days, an average cut of $94/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Soleste Spring Garden | Unit 431, S3 | $2,252 | $2,099 | $153 |
| Soleste Spring Garden | Unit 433, S3 | $2,252 | $2,099 | $153 |
| Soleste Spring Garden | Unit 533, S3 | $2,252 | $2,099 | $153 |
| Soleste Spring Garden | Unit 748, S1 | $2,099 | $1,999 | $100 |
| Soleste Spring Garden | Unit 648, S1 | $2,132 | $2,035 | $97 |
| Soleste Spring Garden | Unit 526, S4 | $2,144 | $2,050 | $94 |
| Soleste Spring Garden | Unit 534, S4 | $2,144 | $2,050 | $94 |
| Arte Grand Central | Unit 1237, B1 | $3,434 | $3,402 | $32 |
Overtown vs Miami, FL Average
Overtown is cheaper the Miami, FL average by $664/mo (20%). The citywide average is $3,241/mo across all neighborhoods.
Is Rent Going Up or Down in Overtown?
As of July 2026, the average rent in Overtown is $2,577 per month across 3 apartment communities and 25 available units.
The most affordable option is Park Place By the Bay starting at $2,040/mo. By unit type, a 1-bedroom averages $2,577/mo.
Prices range from $2,040 to $3,078 per month. The most common price point is the $2,600 range, where 10 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Overtown
Rent Prices by Apartment in Overtown
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Park Place By the Bay | $2,040/mo | $2,061/mo | 5 | 4.1 |
| Arte Grand Central | $2,409/mo | $2,600/mo | 9 | 4.6 |
| Soleste Spring Garden | $2,573/mo | $2,793/mo | 11 | 4.9 |
Frequently Asked Questions About Rent in Overtown
What is the average rent in Overtown?
Is rent going up or down in Overtown?
What is the cheapest apartment in Overtown?
How much is a 1-bedroom apartment in Overtown?
How many apartments are available in Overtown?
What salary do I need to live comfortably in Overtown?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$103,000/year
Based on the 30 percent rule, using our tracked average rent of $2,577/mo.
Comfortable income
$124,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,040/mo), you need to earn at least $82,000/year.
Median household income in Overtown is $59,390 , about 52% below the comfortable-living threshold.
Cost of living in Overtown
Overall prices in Overtown runs above the national average by about 12% (BEA Regional Price Parity index 112.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Overtown's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,577 |
| Utilities | $673 |
| Groceries | $550 |
| Transportation | $1,605 |
| Healthcare | $783 |
| Other goods and services | $1,253 |
| Estimated total | $7,442/mo |
Population
446,663
Median household income
$59,390
Census median rent
$1,657/mo
Rent as % of income
36.3%
Median age
39.7
Mean commute
27 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Overtown Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Overtown Apartments
Browse all 3 communities with daily-updated pricing and availability.