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142 Apartments for rent in Homestead, FL

Read Guide >
Last updated December 19 at 7:58am UTC
166 Southeast 22nd Avenue
Homestead
Homestead, FL
Updated December 19 at 5:55am UTC
5 Bedrooms
$2,385
2921 SE 13th Rd #204-39
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
2 Bedrooms
$1,250
436 SW 8th Ave #4
Homestead
Homestead, FL
Updated December 19 at 7:58am UTC
Studio
$800
2637 SE 16th Ter #206
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
2 Bedrooms
$1,250
1490 NE 33rd Rd #110-18
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
3 Bedrooms
$1,300
2351 NE 42nd Cir
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
3 Bedrooms
$1,550
987 NE 42 TERRACE
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
3 Bedrooms
$1,450
2606 SE 21st Ct
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
2 Bedrooms
$1,350
1940 SE 14th Ct
Keys Gate
Homestead, FL
Updated December 18 at 9:37pm UTC
3 Bedrooms
$1,800
2728 SE 16th Ave
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
3 Bedrooms
$1,650
2651 SE 12th Rd
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
2 Bedrooms
$1,200
2503 NE 42nd Ave
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
3 Bedrooms
$1,500
622 SE 27th Dr #622
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
2 Bedrooms
$1,950
1628 SE 23rd Way #1628
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
3 Bedrooms
$1,650
985 NE 34th Ave #101
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
3 Bedrooms
$1,375
2425 SE 19th St #2425
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
3 Bedrooms
$1,700
3499 SE 4th St
Baywinds
Homestead, FL
Updated December 18 at 9:37pm UTC
5 Bedrooms
$2,600
529 SE 32 TER
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
3 Bedrooms
$1,675
1464 NE 40th Rd
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
4 Bedrooms
$2,300
2756 SE 16th Ave
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
3 Bedrooms
$1,500
1250 SE 29th St
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
2 Bedrooms
$1,400
1898 SE 23rd Ct
Homestead
Homestead, FL
Updated December 18 at 9:37pm UTC
4 Bedrooms
$2,800
220 Southwest 15th Terrace
Homestead
Homestead, FL
Updated December 19 at 5:55am UTC
3 Bedrooms
$1,575
City Guide
Homestead
Moving to Homestead

The new construction in Homestead has attracted younger people. The median age of a big section of the city is under 30 years old, which is young by everyones standards, except teenagers who think they will be 18 years old forever. The average rent for a 1-bedroom apartment is quite reasonable for Florida and for being so close to all the joys Miami can deliverlike higher rents, higher house prices, traffic congestion, higher crime rates, and so many other delights.

Having said that, the average rent in Homestead cant really be called cheap. It is possible to find cheaper apartments in this community-like city, which is why it attracts people who want to live in South Miami but wouldnt consider living in the heart of the big tourist town. So if you decide you really want to live in Homestead, its time to get your act together already! The nicest and most affordable rental apartments go quickly. Duh. Homestead is easy to reach, so theres no need to make any unusual arrangements for getting your stuff to this fine city. You will need proof of income, a completed rental application, an application deposit, possibly a non-refundable fee, and a willingness to let total strangers access your credit report and find out you were late on a Macys payment in 2003.

It is possible to find really nice, brand new property rentals at affordable rental rates. Nice includes a separate dining area, kitchen loaded with appliances, two baths (yes.two!), walk-in closet, living room, and a patio or balcony. Some advertise themselves as being in tropical seclusion and most have tons of amenities like a swimming pool (no alligators allowed!) and a clubhouse. Since Homestead is small, you may decide to periodically escape to Miami to remind yourself why you chose to live outside the big city. If you rent an apartment that comes with a tropical view and soft breezes, it may not be necessary to get a periodic dose of car exhaust fumes and traffic lights.

The median rent in Homestead varies depending on whom you ask. Those figures include apartments and houses. There are plenty of luxury apartments that rent for well beyond $1,000. The higher the rent goes, the more tropical the view, and the more ocean breezes thrown in at no additional charge.

Renters will find there are different types of rentals that include single-family homes, rowhouses, and small and large apartment complexes. As mentioned, Homestead had to rebuild after the hurricane hit, so over half of the homes and apartments are new, meaning they were build after the year 2000.

Neighborhoods

Now that you know Homestead is a bit of old and a lot of new, where should you rent? That depends on your particular tastes in properties and how many ocean breezes you want included in your rent. It is difficult to understand, but there are people who really dont care about tropical views. Who are these people? They are more interested in a view consisting of a separate bedroom for the kids or a view of affordable rent checks. Homestead has an overall 10%-vacancy rate, and the majority of it is made up of two neighborhoods. Here are some neighborhoods to consider:

Southwest Neighborhood: Starting with the oldest, most historic area, the Southwest Neighborhood is a mixed bag of rentals. Once a thriving community, the 1980s saw it decline, but mostly because of age. Now it is making a comeback as a historic area but is certainly in need of redevelopment. If you are interested in renting in an area that is probably on the verge of being trendy once again, this is a good choice. However, it is a low-rent area right now waiting for some cosmetic surgery.$

Coopertown and Fortymile Bend: Homesteads largest area is the Coopertown and Fortymile Bend area. Rental rates are close to the median for the city. This is the city's most remote area, but that is said with tongue in cheek, because nothing is truly remote in South Florida anymore. It is remote though in terms of the fact that the area is not densely populated. This is a neighborhood that is predominantly occupied by families, so its a good place to rent a house or apartment that can accommodate you, a spouse, and a couple of kids. $$$$

Modello: Modello is the next largest neighborhood area, though considerably smaller than Coopertown, and another popular area. It is closest to the east coast of Florida and the Homestead Bayfront Park is thrown in for good measure. Most of this neighborhood is single-family homes, but there are nice places to rent in thisfamily-friendly area.$$$

Allapattah: Located on Floridas east coast, the neighborhood is an older one. Being close to the water, it is more densely populated than other Homestead neighborhoods. It is mostly single-family homes of all sizes, but there are some apartments for rent. If nautical themes appeal to you, then check out this area.$

Naranja: The urban neighborhood of Naranja is a mix of apartments and single-family homes. The western edge is defined by South Dixie Highway, which is a busy thoroughfare. It is one of the newer areas and was probably built to accommodate a return of the population after the hurricane. This is an excellent area to look for places to live in because the rents are in the medium range, and there is a good selection apartment buildings.$$

Nest of Neighborhoods: There are many other neighborhoods that are like a nest of areas because they are so close together. They are wedged between the large area of Coopertown and Fortymile Bend and Allapattah. These are popular neighborhoods that are close to shopping centers and restaurants. $$$

Life on the Homestead

Homestead is close to alligators--lots of them--but only because the city is a mere 10 miles from the Everglades National Park. Fortunately, alligators prefer swamps to grass lawns and a historic downtown, so you can expect to live in peaceful coexistence. Now that the recession is over (kind of), new construction of homes and apartment buildings has picked up, so you can find a shiny new place to call home if you just look. You might find yourself renting a 1-bedroom apartment next to a student though, since Miami-Dade College has a Homestead campus located downtown. Students or alligators? What a choice!

Actually, Homestead is on the upswing, which was inevitable since it is so close to Miami. The city website touts it as having a small-town atmosphere with lots of parks and community centers. The Homestead Bayfront Park has a marina and markets itself as being at the gateway to the Florida Keys and is right next to Biscayne National Park.

You cant keep a good city down, and so Homestead is becoming more popular all the time. If you dont want to be "found" then you will have to go somewhere else. Homestead made the mistake of getting in the way of a big hurricane, but it learned its lesson. Being close to Biscayne National Park and a gateway city to the Everglades has certainly been in the citys favor. It is an interesting mix of new, like the Homestead Miami Speedway, and old, like the Historic Downtown District listed on the National Register of Historic Places. The weather is beautiful and mild most of the year. By the way, if you ever do feel the urge to see alligators, you can always visit the Everglades Alligator Farm, which just happens to be located in Homestead. Gator nation, indeed!

Rent Report
Homestead

December 2018 Homestead Rent Report

Welcome to the December 2018 Homestead Rent Report. Homestead rents increased over the past month. In this report, we'll evaluate trends in the Homestead rental market, including comparisons to cities throughout the metro, state, and nation.

Homestead rents increased moderately over the past month

Homestead rents have increased 0.3% over the past month, but are down moderately by 0.7% in comparison to the same time last year. Currently, median rents in Homestead stand at $1,130 for a one-bedroom apartment and $1,430 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Homestead's year-over-year rent growth lags the state average of 1.8%, as well as the national average of 1.3%.

Rents rising across the Miami Metro

While rent prices have decreased in Homestead over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 9 of the largest 10 cities in the Miami metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Miami Beach has the least expensive rents in the Miami metro, with a two-bedroom median of $1,260; the city has also seen rents fall by 1.0% over the past year, the biggest drop in the metro.
  • West Palm Beach has seen the fastest rent growth in the metro, with a year-over-year increase of 2.6%. The median two-bedroom there costs $1,370, while one-bedrooms go for $1,080.
  • Pembroke Pines has the most expensive rents of the largest cities in the Miami metro, with a two-bedroom median of $2,410; rents grew 0.1% over the past month and 1.3% over the past year.

Many large cities nationwide show more affordable rents compared to Homestead

As rents have fallen moderately in Homestead, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Homestead is less affordable for renters.

  • Other cities across the state have seen rents moderately increase, with Florida as a whole logging rent growth of 1.8% over the past year. For example, rents have grown by 2.8% in Tampa and 2.7% in Jacksonville.
  • Homestead's median two-bedroom rent of $1,430 is above the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 0.7% decline in Homestead.
  • While rents in Homestead fell moderately over the past year, many cities nationwide saw increases, including Austin (+3.1%), New York (+2.3%), and San Francisco (+1.8%).
  • Renters will generally find more expensive prices in Homestead than most large cities. For example, Memphis has a median 2BR rent of $830, where Homestead is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Miami $1,080 $1,370 0.5% 1.3%
Hialeah $1,110 $1,410 0.2% 2.4%
Fort Lauderdale $1,150 $1,460 0.4% 0.8%
Pembroke Pines $1,900 $2,410 0.1% 1.3%
Hollywood $1,120 $1,420 0.3% 0.2%
West Palm Beach $1,080 $1,370 0.5% 2.6%
Pompano Beach $1,160 $1,470 0.5% 1.7%
Miami Beach $990 $1,260 -0.8% -1.0%
Boca Raton $1,450 $1,840 0.4% 1.2%
Deerfield Beach $1,190 $1,510 0.5% 0.7%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.