Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Overtown area can be challenging. Home prices in Overtown are now at a median cost of $276,544, lower than the Miami average of $345,832.
The average cost of rent is $1,069/mo in Overtown, primarily driven by the current value of real estate in the Overtown area. While nearly 35.29% of residents own their homes outright in Overtown, 81.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Overtown is $2,522 per month. Households that rent pay about 42.37% of their income on rent here. Overtown's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Downtown Miami, Miami, FL: higher priced homes
- Wynwood, Miami, FL: higher priced homes
- Little Havana, Miami, FL: higher priced homes
- Allapattah, Miami, FL: equally priced homes
- Coral Way, Miami, FL: higher priced homes
- Model City, Miami, FL: less expensive homes
- Little Haiti, Miami, FL: higher priced homes
- West Flagler, Miami, FL: higher priced homes
- West Avenue, Miami Beach, FL: higher priced homes
- Upper Eastside, Miami, FL: higher priced homes
Neighborhoods with Similar Populations
- Groveton, Alexandria, VA: higher priced homes
- West A, Lincoln, NE: less expensive homes
- West Ward, Easton, PA: less expensive homes
- Arlington, Riverside, CA: higher priced homes
- Mar Lee, Denver, CO: higher priced homes
- Alamedan Valley, North Valley, NM: higher priced homes
- Mandell, Chicago, IL: less expensive homes
- Tall Timbers, New Orleans, LA: less expensive homes
- Ceder Grove-Lynbrook, Shreveport, LA: less expensive homes
- Edison Historic District, Pomona, CA: higher priced homes
All Local Stats
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