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149 Apartments for rent in Homestead, FL

Read Guide >
Last updated January 20 at 2:49pm UTC
480 SE 25th Dr
Homestead
Homestead, FL
Updated January 17 at 1:26am UTC
3 Bedrooms
$1,950
35250 SW 177th Ct
Homestead
Homestead, FL
Updated January 20 at 9:44am UTC
2 Bedrooms
$1,200
1270 SE 27th St
Homestead
Homestead, FL
Updated January 3 at 11:23am UTC
3 Bedrooms
$1,250
13950 SW 260th St
Homestead
Homestead, FL
Updated January 3 at 11:26am UTC
3 Bedrooms
$1,500
1581 NE 8th St
Homestead
Homestead, FL
Updated January 3 at 11:21am UTC
2 Bedrooms
$1,100
11466 SW 248th Ter
Princeton
Homestead, FL
Updated January 11 at 2:02am UTC
3 Bedrooms
$1,790
2738 SE 15th Rd
Homestead
Homestead, FL
Updated January 4 at 12:16pm UTC
3 Bedrooms
$1,400
3217 SE 6th ST.
Oasis
Homestead, FL
Updated January 3 at 3:38pm UTC
2 Bedrooms
Ask
205 SE 29th Ter
Oasis
Homestead, FL
Updated January 3 at 11:27am UTC
3 Bedrooms
$1,450
418 SE 32nd Ave
Oasis
Homestead, FL
Updated January 13 at 9:46am UTC
3 Bedrooms
$1,600
11816 Bayfield Drive
Homestead
Homestead, FL
Updated January 16 at 9:40am UTC
6 Bedrooms
$5,600
3205 SE 6th St
Oasis
Homestead, FL
Updated January 3 at 11:30am UTC
3 Bedrooms
$1,550
2203 SE 23rd Ter #2203
Homestead
Homestead, FL
Updated January 19 at 5:39pm UTC
2 Bedrooms
$1,350
669 SW 17th Ave
Homestead
Homestead, FL
Updated January 3 at 11:32am UTC
3 Bedrooms
$1,550
1009 NE 37th Ave
Homestead
Homestead, FL
Updated January 20 at 1:21am UTC
4 Bedrooms
$1,800
382 NE 34th Ave
Oasis
Homestead, FL
Updated January 18 at 6:55pm UTC
5 Bedrooms
$2,200
4207 NE 22nd Dr
Homestead
Homestead, FL
Updated January 13 at 9:47am UTC
4 Bedrooms
$1,650
2320 SE 23rd Terrace
Homestead
Homestead, FL
Updated January 20 at 1:21am UTC
3 Bedrooms
$1,450
SW 256th Ter
Homestead
Homestead, FL
Updated January 19 at 8:26am UTC
3 Bedrooms
$1,525
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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

January 2018 Homestead Rent Report

Welcome to the January 2018 Homestead Rent Report. Homestead rents remained steady 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 held steady over the past month

Homestead rents have remained flat over the past month, however, they are up sharply by 6.8% year-over-year. Currently, median rents in Homestead stand at $1,140 for a one-bedroom apartment and $1,440 for a two-bedroom. Homestead's year-over-year rent growth leads the state average of 3.7%, as well as the national average of 2.8%.

Rents rising across the Miami Metro

Throughout the past year, rent increases have been occurring not just in the city of Homestead, but across the entire metro. Of the largest 10 cities that we have data for in the Miami metro, 9 of them have seen prices rise. 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 $1,270; the city has also seen rents fall by 8.9% over the past year, the biggest drop in the metro.
  • Pembroke Pines has the most expensive rents in the Miami metro, with a two-bedroom median of $2,380; the city has also seen rent growth of 0.6% over the past month, the fastest in the metro.

Many large cities nationwide show more affordable rents compared to Homestead

As rents have increased sharply in Homestead, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Homestead is less affordable for renters.

  • Rents increased significantly in other cities across the state, with Florida as a whole logging rent growth of 3.7% over the past year. For example, rents have grown by 6.2% in Tampa and 4.5% in Jacksonville.
  • Homestead's median two-bedroom rent of $1,440 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 6.8% rise in Homestead.
  • While Homestead's rents rose sharply over the past year, the city of DC saw a decrease of 0.3%.
  • Renters will generally find more expensive prices in Homestead than most large cities. For example, Memphis has a median 2BR rent of $820, 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 $1,070 $1,360 0.6% 0.5%
Hialeah $1,080 $1,370 0.1% 5.6%
Fort Lauderdale $1,140 $1,450 0.5% 2.8%
Pembroke Pines $1,880 $2,380 0.6% 2.0%
Hollywood $1,120 $1,420 0.1% 2.0%
Miami Gardens $1,120 $1,420 0.1% 3.6%
West Palm Beach $1,050 $1,340 0.1% 2.8%
Pompano Beach $1,140 $1,450 -0.1% 2.4%
Miami Beach $1,000 $1,270 -0.4% -8.9%
Boca Raton $1,440 $1,820 0.3% 1.4%
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.