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Rental Market Trends in Homestead, FL

What is the average rent in Homestead, FL?

$1,455/month

Average Rent

622 Sq Ft

Average Apartment Size

+0.3%

Increase in the Last Year

As of October 2025, the average rent in Homestead, FL is $1,455 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Homestead rent prices are 11% lower than the national average. When you rent an apartment in Homestead, you can expect to pay about $845 per month for a studio, $1,455 for a one-bedroom apartment, and around $1,889 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,221 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$845/month
324 Sq Ft
One Bedroom
$1,455/month
622 Sq Ft
Two Bedroom
$1,889/month
811 Sq Ft
Three Bedroom
$2,221/month
1,280 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,294/month
1,485 Sq Ft
Two Bedroom
$2,155/month
1,482 Sq Ft
Three Bedroom
$2,924/month
1,350 Sq Ft
Four Bedroom
$3,769/month
1,878 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,327/month
1,485 Sq Ft
Two Bedroom
$1,891/month
995 Sq Ft
Three Bedroom
$2,090/month
1,109 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,148/month
1,336 Sq Ft
Three Bedroom
$2,593/month
1,267 Sq Ft
Four Bedroom
$2,967/month
1,463 Sq Ft

How much has average rent changed in Homestead, FL?

In the past year, rent has increased by 0.3%, which averages out to $5 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Homestead, FL
Last Updated October 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Homestead, FL
Percentage*
Rent Range
9% Below $700/month
30% $700 - $1,000/month
20% $1,001 - $1,500/month
20% $1,501 - $2,000/month
20% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Homestead?

Based on current rent prices, Homestead/South Dade, Princetonian by the Park and Chante-Clare are the most affordable neighborhoods in Homestead.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Homestead/South Dade
$1,829/month
948 Sq Ft
Princetonian by the Park
$1,860/month
679 Sq Ft
Chante-Clare
$1,860/month
679 Sq Ft
Naranja Park
$1,877/month
687 Sq Ft

What are the most expensive neighborhoods in Homestead?

Based on current rent prices, Naranja Park, Princetonian by the Park and Chante-Clare are the most expensive neighborhoods in Homestead.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Naranja Park
$1,877/month
687 Sq Ft
Princetonian by the Park
$1,860/month
679 Sq Ft
Chante-Clare
$1,860/month
679 Sq Ft
Homestead/South Dade
$1,829/month
948 Sq Ft

Which Homestead neighborhoods have the most rentals available?

The neighborhoods in Homestead with the most apartments available are Homestead/South Dade, Princetonian by the Park and Chante-Clare .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Homestead/South Dade
$1,829/month
948 Sq Ft
Princetonian by the Park
$1,860/month
679 Sq Ft
Chante-Clare
$1,860/month
679 Sq Ft
Naranja Park
$1,877/month
687 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Homestead, FL?

Because the average rent in Homestead is $1,455, you’ll want to make about $4,850 per month or $58,200 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Homestead, FL

2,048 Available Apartments for Rent

Search for Nearby Apartments

How does Homestead, FL compare to other nearby cities and neighborhoods?

Use the tool below to compare Homestead, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Homestead, FL

Apartment Averages

Homestead/South Dade

Homestead, FL

Naranja Park

Homestead, FL

Studio
$1,290/month
-
One Bedroom
$1,685/month
-
Two Bedroom
$2,002/month
-
Three Bedroom
$2,335/month
-
Search
Search

Nearby City Rent Trends

  • Florida City Average Rent
  • Naranja Average Rent
  • Princeton Average Rent

Apartment communities in Homestead we think you'll love

Dixie Breeze

Dixie Breeze

14770 SW 266th St,
Homestead, FL 33032

$2,080 - $2,670

1-2 Beds

Vista Sur

Vista Sur

27077 S Dixie Hwy,
Naranja, FL 33032

$1,749 - $2,963

1-2 Beds

Seascape Pointe Townhomes

Seascape Pointe Townhomes

1140 SE 24th Rd,
Homestead, FL 33035

$2,250 - $2,750

3-4 Beds

Verbena

Verbena

28250 S Dixie Hwy,
Homestead, FL 33033

$1,888 - $2,184

2-3 Beds

Property Management Companies in Homestead, FL

Royal American Companies
Royal American Companies
  • 30

    Communities

  • 4,037

    Units

  • 23

    Cities

4 Communities in Homestead
Related Group
Related Group
  • 34

    Communities

  • 7,986

    Units

  • 17

    Cities

3 Communities in Homestead
Housing Trust Group
Housing Trust Group
  • 15

    Communities

  • 1,682

    Units

  • 12

    Cities

2 Communities in Homestead
Centennial Management Corporation
Centennial Management Corporation
  • 11

    Communities

  • 1,709

    Units

  • 9

    Cities

2 Communities in Homestead
IMC Equity Group
IMC Equity Group
  • 11

    Communities

  • 1,875

    Units

  • 8

    Cities

2 Communities in Homestead
Greystar
Greystar
  • 3,427

    Communities

  • 946,595

    Units

  • 870

    Cities

1 Community in Homestead
ZOM, Inc.
ZOM, Inc.
  • 336

    Communities

  • 99,858

    Units

  • 136

    Cities

1 Community in Homestead
ZRS Management
ZRS Management
  • 336

    Communities

  • 99,787

    Units

  • 136

    Cities

1 Community in Homestead

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United States Florida Homestead Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity