Overstated rhymes with:
understated, understated, amputated, debilitated, decapitated, facilitated, gravitated, hesitated, imitated, incapacitated, levitated, mutated, orientated, precipitated, premeditated, rehabilitated, resuscitated, rotated, understated
Overstated sounds like:
o'brecht, oberst, obrecht, oppressed, overact, overacted, overcast, overcoat, overcooked, overexcite, overexcited, overjoyed, overreached, overreact, overreacted, overshadow, overshadowed, overshoot, overshot, oversight, oversized, overstate, overstay, overstayed, overused, overweight, overweighted, overworked, overwrought