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Rental Market Trends in Homestead, FL

Updated July 2026

The average rent in Homestead, FL is $1,477/month.

Rent in Homestead is roughly equal to the national average rent of of $1,663/month.

$1,477/month

Average Rent

642 Sq Ft

Average Size

+2.2%

Change / Year

1,765

Available Apartments

Homestead rent varies by unit size and layout:

  • Studio apartments in Homestead average $854 per month.
  • One-bedroom apartments in Homestead average $1,477 per month.
  • Two-bedroom apartments in Homestead average $1,799 per month.
  • Three-bedroom apartments in Homestead average $2,237 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$854/month
324 Sq Ft
One Bedroom
$1,477/month
642 Sq Ft
Two Bedroom
$1,799/month
901 Sq Ft
Three Bedroom
$2,237/month
1,279 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,369/month
1,283 Sq Ft
Two Bedroom
$2,010/month
725 Sq Ft
Three Bedroom
$2,900/month
1,376 Sq Ft
Four Bedroom
$3,835/month
2,013 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,622/month
1,887 Sq Ft
Two Bedroom
$1,866/month
1,041 Sq Ft
Three Bedroom
$2,111/month
1,198 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,041/month
934 Sq Ft
Three Bedroom
$2,609/month
1,347 Sq Ft
Four Bedroom
$2,898/month
1,402 Sq Ft
View Homestead Apartments

How much has average rent changed in Homestead, FL?

In the past year, rent has increased by 2.2%, which averages out to $33 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Homestead, FL

July 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
20% $1,501 - $2,000/month
26% Above $2,000/month

Rent by Neighborhood

  • 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
616 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
616 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
616 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 $1,477, you’ll want to make about $4,923 per month or $59,076 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

1,765 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.

View the Homestead Area Guide

Apartment Averages

Chante-Clare

Homestead, FL

Chante-Clare

Homestead, FL

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Florida City

    Florida City

  • Princeton

    Princeton

Apartment Communities in Homestead We Think You'll Love

Dixie Breeze

Dixie Breeze

14770 SW 266th St,
Homestead, FL 33032

1-2 Beds | $2,080 - $2,413

Harbour Springs

Harbour Springs

26655 SW 142nd Ave,
Naranja, FL 33032

1-3 Beds | $1,458 - $2,287

Cordova Estates

Cordova Estates

301 E Davis Pky,
Florida City, FL 33034

1-3 Beds | $1,422 - $2,286

Woodland Grove

Woodland Grove

26710 SW 140th Ave,
Naranja, FL 33032

1-4 Beds | $1,703 - $2,584

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Frequently Asked Questions

What is the average rent in Homestead?

The average rent in Homestead is $1,477 per month, which is 11.2% lower than the national average of $1,663.

What is the average rent for a house in Homestead?

The average rent for a house in Homestead, FL is $2,900 per month.

What is the average rent for a townhome in Homestead?

The average rent for a townhome in Homestead, FL is $2,041 per month.

What is the average rent for a condo in Homestead?

The average rent for a condo in Homestead, FL is $1,622 per month.

Are rents going up or down in Homestead?

Rents in Homestead, FL are increasing, with prices up 2.2% year-over-year and $33 more per month.

What rent range is most common in Homestead?

In Homestead, FL, 28% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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