Rental market snapshot for Overtown, Miami

Overtown rental market summary

The rental market in Overtown, Florida is showing signs of growth. In July of 2023, there were 98 new listings, a 9.4% increase from the previous month. This is a sign that the rental market is becoming more active and that more people are looking for rental properties in the area. Additionally, the median rent in July of 2023 was $2,400, a 25.2% increase from the same time last year. This indicates that the rental market is becoming more competitive and that prices are increasing as demand rises.

Overall, the rental market in Overtown, Florida is on the rise. With more listings and higher prices, it is becoming an attractive option for those looking for rental properties in the area. As the market continues to grow, it is likely that more people will be drawn to the area, further increasing the demand for rental properties.

Median rent for all residential properties in Overtown

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Overtown

Most Expensive Listings

AddressRent PriceBed / Bath
100 NW 6th St$5,8552 / 2.5
1000 NW North River Dr$4,7502 / 2.5
980 NW North River Dr$4,2502 / 2.5
1170 NW 11th St$4,0742 / 2.0
100 NW 6th St$3,9702 / 2.0

Top Trending Buildings

building nameavg rent price
Harbor Group$2,940
RAM Partners LLC$2,534

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Overtown

Studio
$2,301
MEDIAN RENT
1 Bedroom
$2,625
MEDIAN RENT
2 Bedroom
$3,785
MEDIAN RENT

Overtown neighborhood apartments rents

The rental market for studios in Overtown, Florida is showing signs of stability. In July 2023, there were two new studio listings, and the median rent for studios decreased by 2.9% from June 2023 to July 2023, from $2,369 to $2,301. This suggests that the rental market is not experiencing significant fluctuations, and that the prices of studios in Overtown are relatively stable.

The rental market for 1-bedroom apartments in Overtown, Florida is showing signs of growth. In July 2023, there were 6 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $2,625, a 4.5% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Overtown appears to be on the rise.

The rental market for 2-bedroom apartments in Overtown, Florida is showing signs of growth. In July 2023, there were 6 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $3,785, a 2.7% increase from the median rent in June 2023. This suggests that the rental market for 2-bedroom apartments in Overtown is becoming more competitive, and renters should expect to pay more for these types of apartments in the near future.

Explore other Miami Neighborhoods

South-West Coconut Grove
Downtown
Upper Eastside
Allapattah
Wynwood - Edgewater
Flagami

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Overtown is $2,400.
Made withDataherald