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Rental Market Trends in Homestead, FL

What is the average rent in Homestead, FL?

$1,435/month

Average Rent

603 Sq Ft

Average Apartment Size

-1.2%

Decrease in the Last Year

As of March 2026, the average rent in Homestead, FL is $1,435 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Homestead rent prices are 12% lower than the national average. When you rent an apartment in Homestead, you can expect to pay about $872 per month for a studio, $1,435 for a one-bedroom apartment, and around $1,853 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,149 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$872/month
324 Sq Ft
One Bedroom
$1,435/month
603 Sq Ft
Two Bedroom
$1,853/month
789 Sq Ft
Three Bedroom
$2,149/month
1,285 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,620/month
1,273 Sq Ft
Two Bedroom
$2,132/month
843 Sq Ft
Three Bedroom
$2,891/month
1,434 Sq Ft
Four Bedroom
$3,814/month
2,053 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,423/month
1,651 Sq Ft
Two Bedroom
$1,858/month
1,121 Sq Ft
Three Bedroom
$2,047/month
1,129 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,107/month
1,170 Sq Ft
Three Bedroom
$2,566/month
1,295 Sq Ft
Four Bedroom
$2,922/month
1,464 Sq Ft

How much has average rent changed in Homestead, FL?

In the past year, rent has decreased by 1.2%, which averages out to $17 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Homestead, FL
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Homestead, FL
Percentage*
Rent Range
9% Below $700/month
29% $700 - $1,000/month
18% $1,001 - $1,500/month
22% $1,501 - $2,000/month
22% 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, Naranja Park, Homestead/South Dade and Cedar West Homes are the most affordable neighborhoods in Homestead.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Naranja Park
$1,824/month
725 Sq Ft
Homestead/South Dade
$1,885/month
837 Sq Ft
Cedar West Homes
$1,894/month
769 Sq Ft
Princetonian by the Park
$1,937/month
608 Sq Ft
Chante-Clare
$1,937/month
608 Sq Ft

What are the most expensive neighborhoods in Homestead?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Princetonian by the Park
$1,937/month
608 Sq Ft
Chante-Clare
$1,937/month
608 Sq Ft
Cedar West Homes
$1,894/month
769 Sq Ft
Homestead/South Dade
$1,885/month
837 Sq Ft
Naranja Park
$1,824/month
725 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
$1,885/month
837 Sq Ft
Princetonian by the Park
$1,937/month
608 Sq Ft
Chante-Clare
$1,937/month
608 Sq Ft
Naranja Park
$1,824/month
725 Sq Ft
Cedar West Homes
$1,894/month
769 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 $1,435, you’ll want to make about $4,783 per month or $57,396 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

1,807 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

Naranja Park

Homestead, FL

Homestead/South Dade

Homestead, FL

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
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 - $2,413

1-2 Beds

Vista Sur

Vista Sur

27077 S Dixie Hwy,
Naranja, FL 33032

$2,009 - $2,948

1-2 Beds

Casa Princeton

Casa Princeton

12835 SW 246th Ter,
Homestead, FL 33032

$1,845 - $2,817 Total Monthly Price

1-3 Beds

The Olivia

The Olivia

14981 SW 283rd St,
Homestead, FL 33033

$1,803 - $4,350 Total Monthly Price

1-3 Beds

Property Management Companies in Homestead, FL

Royal American Companies
Royal American Companies
  • 31

    Communities

  • 4,118

    Units

  • 21

    Cities

6 Communities in Homestead
Related Group
Related Group
  • 38

    Communities

  • 9,447

    Units

  • 17

    Cities

3 Communities in Homestead
IMC Equity Group
IMC Equity Group
  • 12

    Communities

  • 2,079

    Units

  • 8

    Cities

3 Communities in Homestead
Franklin Group
Franklin Group
  • 138

    Communities

  • 25,621

    Units

  • 63

    Cities

2 Communities in Homestead
Housing Trust Group
Housing Trust Group
  • 18

    Communities

  • 1,945

    Units

  • 15

    Cities

2 Communities in Homestead
Professional Management, Inc
Professional Management, Inc
  • 19

    Communities

  • 3,197

    Units

  • 12

    Cities

2 Communities in Homestead
Greystar
Greystar
  • 3,472

    Communities

  • 956,050

    Units

  • 897

    Cities

1 Community in Homestead
RPM
RPM
  • 622

    Communities

  • 173,392

    Units

  • 246

    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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity