Rental prices in Overtown, Miami, FL have increased by 0.99% over the past year. The average rent moved from $3,537 to $3,572.
Check out the average rent in Miami.
The national average price of rental apartments is $1,741, while the average monthly rent in Overtown, Miami, FL is $3,572.
The average monthly rent for an apartment in Overtown, Miami, FL is around $3,572.
A share of 5% of apartments in Overtown, Miami, FL have the cheapest rents between $1,501-$2,000. Around 10% of Overtown's apartments have monthly rents between $2,001-$2,500. There are 85% of apartments with rents between > $3,000.
The largest share of rentals in Overtown, Miami, FL (85%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
The average Overtown, Miami, FL 3 bedroom apartment size is 1,567 sq. ft.
Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.
A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.
In total, Overtown, Miami, FL has 8,856 residents, 4,636 women and 4,220 men, per U.S. Census recent estimates. Statistics show that the median age of Overtown’s population is 40.
There is a total of 3,866 households in Overtown, Miami, FL. Of these, 748 have children and 3,118 are without children. Per Census Bureau’s most current estimates, 1,701 family households and 2,165 non-family households live in this area. The size of a household in Overtown is 1.89 people, on average. The median household annual income in Overtown equals $39,894, and the monthly housing costs equal $1,322.
According to data from the U.S. Census Bureau, 14% of the population in Overtown, Miami, FL have no high school education, 38% went to high-school, and 15% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 15% hold a Bachelor Degree, and 9% hold a Graduate Degree.
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