Cheap Apartments for Rent in Homestead, FL from $400 (212 Rentals)

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Search the lowest-cost Apartments available for rent right now in Homestead.

property at 15001 Leisure Dr

$1,150 - $1,300

Studio To 1 Bedroom Rentals

Available Now

15001 Leisure Dr

HomesteadFL33033

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 35303 SW 180th Ave

$1,400 - $2,150

Studio To 2 Bedroom Rentals

Available Now

35303 SW 180th Ave

HomesteadFL33034

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 13273 SW 272nd St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

13273 SW 272nd St

HomesteadFL33032
property at 16240 SW 286th St

$1,500 - $3,999

Studio To 4 Bedroom Rentals

Available Now

16240 SW 286th St

HomesteadFL33033
property at 2960 SE 23rd Ave

$1,500 - $3,300

1 To 3 Bedroom Rentals

Available Now

2960 SE 23rd Ave

HomesteadFL33035

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Homestead, FL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Homestead, FL

Pricing Updated: 04/09/2026

Current apartment rentals in the Homestead, FL area range in price from $850 to $15,000 with an overall median price of $5,591. The three Homestead neighborhoods with the lowest median rent pricing are Princeton at $900, Modello at $1,550, and Homestead/South Dade at $850. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Homestead Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Princeton$4,300$900206
Modello$5,250$1,55035
Homestead/South Dade$5,500$8501122
Outer Homestead South Dade$5,500$8501097
Downtown Homestead$6,500$1,35078
Southwest Homestead$6,500$1,50038

Cheapest Available Homestead Apartments for Rent

 

The cheapest available apartment rental in Homestead, FL is a 1 Bed unit found at San Sherri Villas Apartments in the Outer Homestead South Dade neighborhood priced from $916. The Landings at Homestead in the Outer Homestead South Dade neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,213. Here is today’s list of the most affordable Homestead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
San Sherri Villas ApartmentsOne Bedroom1BR,1BA$916
The Landings at Homestead3 Bedroom3BR,2BA$1,213
Mango Way ApartmentsSTUDIOStudio,1BA$1,245
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274
Orchid Grove1x11BR,1BA$1,297
Madison Point Apartments1 Bed, 1 bath1BR,1BA$1,330
Riverwalk I Apartments1 Bed 1 Bath1BR,1BA$1,349
Lanai Landings1/11BR,1BA$1,500
Winchester Gardens2 Bed 1 Bath2BR,1BA$1,541

Best Value Apartments for Rent in Homestead, FL

As of April 10, 2026 the best value apartment in the Homestead area is the $1.71 price per square foot 3 Beds - 2 1/2 Baths Townhome Model at Princeton Townhomes in the in the Outer Homestead South Dade neighborhood starting from $2,500. The second greatest value Homestead apartment is the 14561 SW 261st Ter Model at 14561 SW 261st Ter, Unit 1 starting at $2,600 with a $1.86 price per square foot in the Outer Homestead South Dade neighborhood. Here is today’s list of the best values for Homestead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Princeton Townhomes3 Beds - 2 1/2 Baths Townhome3BR,2.5BA$1.71
14561 SW 261st Ter, Unit 114561 SW 261st Ter3BR,2BA$1.86
Seascape Pointe TownhomesTH33BR,2.5BA$1.59
Ambar Trail3 Beds, 2 baths3BR,2BA$1.71
2551 SE 16th Ter, Unit 2022551 SE 16th Ter3BR,2BA$1.82
1663 SE 27th Dr, Unit 2021663 SE 27th Dr3BR,2BA$1.81
Venice At Crystal LakesPicasso II2BR,2BA$1.84
Sunrise Commons2 Bedroom 2 Bath2BR,2BA$1.69
San Sherri Villas ApartmentsOne Bedroom1BR,1BA$1.02
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1.85

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Homestead Overview

Ah, the Sunshine State! Brimming with ocean views, plenty of sea breezes and those oh-so-famous oranges, Florida is a hot destination the world over with good cause. Nestled within the Miami-Dade County region, Homestead is an on-the-move locale that should prove ideal for a wide variety of lifestyles.

Why live in Homestead, FL?

Offering easy access to a wide array of natural wonders such as the Everglades National Park, Homestead apartments are an excellent way to get familiar with the Sunshine State. From the city's fabled harbor bay to the assortment of lively eateries and live music hotspots that line downtown, this in-demand locale should remain a 'must-consider' for anyone eager to connect with a new place to call home in Florida.

Homestead, FL
Population: 70,477

Ranked #514

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Homestead Apartments

What is the Cheapest Studio apartment in Homestead?

Currently the most affordable Cheap Studio Apartment in Homestead is at Mango Way Apartments listed at $1,245.

How much is rent for a Cheap One Bedroom Homestead Apartment?

The lowest price for a Cheap One Bedroom Homestead Apartment is $916 at San Sherri Villas Apartments.

What is the lowest price for a Cheap Two Bedroom Homestead Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Homestead is starting from $1,541 at Winchester Gardens.

What is the most affordable Homestead Three Bedroom Apartment?

The best deal on a cheap Homestead Three Bedroom Apartment rental is at The Landings at Homestead and starts from $1,213.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.