Affordable
Expensive
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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 $447,813, lower than the Miami average of $492,262.
The average cost of rent is $1,473/mo in Overtown, primarily driven by the current value of real estate in the Overtown area. In Overtown, 89.59% of households rent, and 40.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Overtown is $4,404 per month. Households that rent pay about 33.45% of their income on rent here. Overtown’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Downtown Miami, Miami, FL: higher priced homes
- Wynwood, Miami, FL: higher priced homes
- Little Havana, Miami, FL: equally priced homes
- Allapattah, Miami, FL: less expensive homes
- Coral Way, Miami, FL: higher priced homes
- Model City, Miami, FL: equally priced homes
- Little Haiti, Miami, FL: higher priced homes
- West Flagler, Miami, FL: equally 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: equally priced homes
- Alamedan Valley, North Valley, NM: equally 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
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