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Rental Market Trends in Homestead, FL

What is the average rent in Homestead, FL?

$1,489/month

Average Rent

635 Sq Ft

Average Apartment Size

-0.4%

Decrease in the Last Year

Homestead, FL Rental Market Overview

The average rent in Homestead, FL is $1,489 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Homestead rent prices are 9% lower than the national average.

  • Studio apartments in Homestead average $863 per month.
  • One-bedroom apartments in Homestead average $1,489 per month.
  • Two-bedroom apartments in Homestead average $1,817 per month.
  • Three-bedroom apartments in Homestead average $2,222 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$863/month
324 Sq Ft
One Bedroom
$1,489/month
635 Sq Ft
Two Bedroom
$1,817/month
902 Sq Ft
Three Bedroom
$2,222/month
1,282 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,360/month
1,048 Sq Ft
Two Bedroom
$2,127/month
1,123 Sq Ft
Three Bedroom
$2,936/month
1,418 Sq Ft
Four Bedroom
$3,905/month
1,956 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,522/month
1,944 Sq Ft
Two Bedroom
$1,884/month
1,100 Sq Ft
Three Bedroom
$2,161/month
1,155 Sq Ft
Four Bedroom
$3,504/month
1,928 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,114/month
1,078 Sq Ft
Three Bedroom
$2,585/month
1,339 Sq Ft
Four Bedroom
$2,948/month
1,486 Sq Ft

How much has average rent changed in Homestead, FL?

In the past year, rent has decreased by 0.4%, which averages out to $5 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Homestead, FL
Last Updated June 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Homestead, FL
Percentage*
Rent Range
9% Below $700/month
28% $700 - $1,000/month
17% $1,001 - $1,500/month
22% $1,501 - $2,000/month
24% 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, Chante-Clare is the most affordable neighborhood in Homestead.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Chante-Clare
$1,929/month
612 Sq Ft

What are the most expensive neighborhoods in Homestead?

Based on current rent prices, Chante-Clare is the most expensive neighborhood in Homestead.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Chante-Clare
$1,929/month
612 Sq Ft

Which Homestead neighborhoods have the most rentals available?

The neighborhood in Homestead with the most apartments available is Chante-Clare .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Chante-Clare
$1,929/month
612 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 $1,489, you’ll want to make about $4,963 per month or $59,556 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

1,591 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

Chante-Clare

Homestead, FL

Chante-Clare

Homestead, FL

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Florida City 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

Woodland Grove

Woodland Grove

26710 SW 140th Ave,
Naranja, FL 33032

$2,002 - $2,367

2-3 Beds

Casa Princeton

Casa Princeton

12835 SW 246th Ter,
Homestead, FL 33032

$1,870 - $3,042 Total Monthly Price

1-3 Beds

The Olivia

The Olivia

14981 SW 283rd St,
Homestead, FL 33033

$1,775 - $5,775 Total Monthly Price

1-3 Beds

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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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity