Rentometer, Inc. | Data as of 10/22/2025
Homestead’s rental market offers a diverse mix of both apartments and single‑family homes, catering to a wide range of lifestyles and budgets. One‑ and two‑bedroom apartments typically fall within the $1300‑$1700 range, while larger three‑ and four‑plus bedroom units often reach the $2300‑$3200 bracket. For those preferring a house, one‑bedroom options are generally priced in the $1200‑$1400 range, with two‑bedroom homes averaging around the $2300s and spacious three‑ and four‑plus bedroom residences moving toward the $3000‑$3800 spectrum. This variety ensures that renters can find suitable accommodations whether they seek a compact urban apartment or a more expansive family home, all within Homestead’s welcoming community.
Beyond its competitive rental rates, Homestead boasts a unique blend of natural beauty and convenient amenities. Nestled near the Everglades and just a short drive from Biscayne National Park, residents enjoy easy access to outdoor recreation, wildlife tours, and scenic waterways. The city’s vibrant downtown area features local eateries, boutique shops, and cultural events that reflect South Florida’s rich heritage. Iconic landmarks such as the Homestead‑Miami Speedway and the historic Coral Castle add to the area’s appeal. Popular neighborhoods like Heritage Gardens, Quail Ridge, and the Riverfront district provide a mix of quiet suburban streets and lively community hubs, making Homestead an attractive destination for renters seeking both affordability and a high quality of life in the heart of Florida.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,380 | $1,274 | $1,200 - $1,598 | $1,234 - $1,598 |
| Apartment | 2 Bedroom | $1,666 | $1,675 | $950 - $2,100 | $1,645 - $1,900 |
| Apartment | 3 Bedroom | $2,359 | $2,250 | $1,848 - $3,000 | $2,150 - $2,600 |
| Apartment | 4+ Bedroom | $3,098 | $3,000 | $2,700 - $3,690 | $2,800 - $3,300 |
| House | 1 Bedroom | $1,251 | $1,310 | $750 - $1,600 | $1,100 - $1,500 |
| House | 2 Bedroom | $2,359 | $2,300 | $1,825 - $3,050 | $2,100 - $2,600 |
| House | 3 Bedroom | $2,959 | $2,900 | $1,850 - $5,100 | $2,600 - $3,200 |
| House | 4+ Bedroom | $3,732 | $3,520 | $2,155 - $8,650 | $3,200 - $4,100 |
In the current period, the average rent in Homestead was
$1,289 for 1 Bedroom,
$2,190 for 2 Bedroom,
$2,911 for 3 Bedroom, and
$3,561 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.