Cheap Apartments for Rent in Homestead, FL from $749 (268 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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725 SW 1st Ave, Unit 1
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500
Studio Apartment Available Now

725 SW 1st Ave, Unit 1

725 SW 1st AveHomestead, FL 33030
Affordability
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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.

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property at 2621 SE 12th Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 2 Bath Condo for Rent

Available Now

2621 SE 12th Rd, Unit 202

2621 SE 12th Rd
HomesteadFL33035
property at 2461 SE 16th Ter

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 2 Bath Condo for Rent

Available Now

2461 SE 16th Ter, Unit 201

2461 SE 16th Ter
HomesteadFL33035

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.

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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: 08/24/2026

Current apartment rentals in the Homestead, FL area range in price from $680 to $12,934 with an overall median price of $1,976. The three Homestead neighborhoods with the lowest median rent pricing are Downtown Homestead at $1,700, Southwest Homestead at $1,700, and Modello at $1,950. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Homestead Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Homestead$1,700$1,00032
Southwest Homestead$1,700$1,05025
Modello$1,950$80033
Princeton$1,950$850247
Outer Homestead South Dade$1,986$680929
Homestead/South Dade$1,990$680946

Cheapest Available Homestead Apartments for Rent

 

The cheapest available apartment rental in Homestead, FL is a 1 Bed unit found at Cameron Creek in the Outer Homestead South Dade neighborhood priced from $749. San Sherri Villas Apartments in the Outer Homestead South Dade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $894. Here is today’s list of the most affordable Homestead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cameron Creek1BR1BR,1BA$749
San Sherri Villas ApartmentsOne Bedroom1BR,1BA$894
The Landings at Homestead1 Bedroom1BR,1BA$962
Malibu GardensUNIT B2BR,1BA$1,145
Ambar Trail2 Bedroom 2 Bath2BR,2BA$1,149
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274
Madison Point Apartments1 Bed, 1 bath1BR,1BA$1,330
Orchid Grove1x11BR,1BA$1,352

Best Value Apartments for Rent in Homestead, FL

As of August 24, 2026 the best value apartment in the Homestead area is the $1.42 price per square foot 3 Bedroom 3 Bathroom Model at Ambar Key in the in the Outer Homestead South Dade neighborhood starting from $1,992. The second greatest value Homestead apartment is the TH3 Model at Seascape Pointe Townhomes starting at $2,267 with a $1.63 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.
Ambar Key3 Bedroom 3 Bathroom3BR,3BA$1.42
Seascape Pointe TownhomesTH33BR,2.5BA$1.63
Ambar Trail3 Bedroom 2 Bath3BR,2BA$1.51
Park ApartmentsTwo Bedrooms2BR,2BA$1.77
Redland CrossingsThe Ruby2BR,2BA$1.71
620 SW 8th Ave620 SW 8th Ave1BR,1BA$1.77
Sunrise Commons2 Bedroom 2 Bath2BR,2BA$1.69
San Sherri Villas ApartmentsOne Bedroom1BR,1BA$0.99
Malibu GardensUNIT B2BR,1BA$1.33
Cameron Creek1BR1BR,1BA$1.20

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Best Local Schools in
Homestead, FL

School data provided by Great Schools

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

Explore Homestead, FL Rentals by Map

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See the most popular apartments and homes in Homestead, FL

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Frequently Asked Questions about Cheap Homestead Apartments

What is a cheap apartment in Homestead?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Homestead is under $1,352.

What is the price of a cheap apartment in Homestead?

The cheapest apartment in Homestead is Cameron Creek which is listed at $749, while the average apartment in Homestead costs $1,976.

What types of apartments are the cheapest in Homestead?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 259 regular apartments in Homestead that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Homestead?

Cheap apartments in Homestead have an average cost of $327 which is $1,649 cheaper than the average rent for all rentals in Homestead.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.