Apartments in Overtown Miami

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Miami, FL
1 BR | Available Now
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Overtown
13
$1,850
1117 NW 3 Ave Miami, FL
2 BR | Available Now
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Overtown
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4
$1,200 - 1,350
Miami, FL
1 BR | Available Now
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Overtown
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17
$1,550
Miami, FL
1 BR | Available Now
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Overtown
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13
$1,450
Miami, FL
Studio | Available Now
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Overtown
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15
$1,750
Miami, FL
1 BR | Available Now
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Overtown
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8
$1,575
Miami, FL
1 BR | May. 8, 2024
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Overtown
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12
$1,575
Miami, FL
1 BR | Available Now
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Overtown
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1
$1,550
Miami, FL
1 BR | Available Now
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Overtown
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7
$1,700 - 2,300
Miami, FL
1 - 2 BR | Available Now
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Lummus Park
$3,962
Miami, FL
3 BR | Available Now
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Overtown
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14
$2,600
Miami, FL
2 BR | Available Now
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Overtown
11
$2,700
Miami, FL
2 BR | Available Now
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Overtown
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13
$1,550
Miami, FL
Studio | Available Now
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$934 - 1,134
458 NW 4Th St Miami, FL
Studio - 1 BR | Available Now
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Lummus Park
13
$2,695
800 N Miami Ave E Miami, FL
2 BR | Available Now
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Overtown
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Balcony/Deck/Patio
Fitness Center
Dishwasher
11
$1,600
Miami, FL
1 BR | Available Now
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Disability Access
Downtown Miami
11
$1,858
1540 NW 1 Ct Miami, FL
2 BR | Available Now
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Downtown Miami
2
$1,650 - 2,000
Miami, FL
1 - 2 BR | Available Now
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Downtown Miami
4
$1,700 - 1,800
Miami, FL
1 BR | Available Now
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Downtown Miami
11
$3,230
Miami, FL
2 BR | Available Now
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Section 8
Air Conditioning
Surface Parking
17
$4,800
Miami, FL
1 BR | Available Now
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Heat Included
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Air Conditioning
Surface Parking
22
$4,340
Miami, FL
1 BR | Available Now
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Surface Parking
27
$5,000
Miami, FL
2 BR | Available Now
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Surface Parking
12
$12,000
Miami, FL
3 BR | Available Now
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32
$5,000
Miami, FL
1 BR | Available Now
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Fitness Center
19
$4,800
Miami, FL
1 BR | Available Now
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Fitness Center
15
$8,300
Miami, FL
1 BR | Available Now
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Balcony/Deck/Patio
$5,600
Miami, FL
2 BR | Available Now
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Surface Parking
9
$2,700
Miami, FL
3 BR | Available Now
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Miami:
April Rent Report

Welcome to the April 2024 Miami Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Miami rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Miami and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Miami average rent prices in the chart below.

Monthly Rent Report

$3,150
$2,360
$1,580
$790
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Miami Rent Prices Decrease From March to April

Miami rent prices decreased over the last month. From March to April, the city experienced a -0.69% decrease for the price of a one-bedroom apartment. The rent price for a Miami one-bedroom apartments currently stands at $2,464.0.

When we take a look at the two-bedroom comparison from March to April, Miami experienced a 0.72% increase for the price of a two-bedroom apartment. The rent price for a Miami two-bedroom apartments currently stands at $3,061.0.

April Prices: Miami vs. Surrounding Areas

Miami Beach, FL
Miami, FL
Hialeah, FL
Davie, FL
Doral, FL
Hollywood, FL
Plantation, FL
Fort Lauderdale, FL
$2,734
$2,481
$2,389
$2,322
$2,098
$2,077
$1,927
$1,818
$0
$900
$1,800
$2,700
$3,600
Median 1 BR Rent

Rent Prices in Miami and Surrounding Areas

Rent prices have decreased in Miami over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Miami suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Miami Beach, FL, Fort Lauderdale, FL, Plantation, FL, Hollywood, FL, Doral, FL .

  • Rent decreased in Hialeah, FL, Davie, FL.

  • 1 suburb is currently priced higher than the city of Miami.

  • 6 suburbs are currently priced lower than the city of Miami.

April 2024 Pricing Trends: Miami vs. National Comparisons

New York, NY
San Francisco, CA
Miami, FL
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,481
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Miami Rent Prices More Affordable Than Major Cities

Rent growth in Miami over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Miami average rent prices appear to be relatively affordable for local residents.

The price for a Miami one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Miami and surrounding area rent prices, take a look at the complete data set below.

Data set for Miami and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Miami, FL $2,481.0 -0.56% $3,039.0 0.23%
Miami Beach, FL $2,734.0 1.56% $3,922.0 -0.48%
Fort Lauderdale, FL $1,818.0 0.78% $2,847.0 -0.97%
Hialeah, FL $2,389.0 0.00% $2,860.0 -2.36%
Plantation, FL $1,927.0 0.89% $2,309.0 0.09%
Hollywood, FL $2,077.0 7.39% $2,623.0 0.50%
Doral, FL $2,098.0 1.80% $2,552.0 -1.88%
Davie, FL $2,322.0 0.00% $2,726.0 -1.52%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.