Cheap Apartments for Rent in Homestead, FL from $400 (21 Rentals)

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

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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Mazal Investments 32
Studio to 2 Bedroom Apartments

Mazal Investments 32

251 NE 10th StHomestead, FL 33030
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Casa Matias
1 to 3 Bedroom Apartments

Casa Matias

14340 SW 260th StHomestead, FL 33032
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Sunrise Commons
1 to 3 Bedroom Apartments

Sunrise Commons

26600 SW 146th CtHomestead, FL 33032
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Malibu Gardens
1 to 4 Bedroom Apartments

Malibu Gardens

13800 SW 268th StHomestead, FL 33032
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Falcon Cove Apartments
Studio to 2 Bedroom Apartments

Falcon Cove Apartments

13300 Biscayne DrHomestead, FL 33033
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Riverwalk II
1 to 3 Bedroom Apartments

Riverwalk II

301 SE 6 AveHomestead, FL 33030
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Villa Biscayne
2 to 4 Bedroom Apartments

Villa Biscayne

15350 SW 284th StHomestead, FL 33083
property at 275 NW 13th Pl

275 NW 13th Pl

Florida CityFL33034
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Harbour Springs
1 to 3 Bedroom Apartments

Harbour Springs

26655 SW 142nd AveNaranja, FL 33032
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1027 NW 9th Ave
2 to 3 Bedroom Apartments

1027 NW 9th Ave

1027 NW 9th AveFlorida City, FL 33034
  • Utilities Included

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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: 12/07/2025

Current apartment rentals in the Homestead, FL area range in price from $512 to $14,970 with an overall median price of $5,098. The three Homestead neighborhoods with the lowest median rent pricing are Modello at $512, Princeton at $1,000, and Downtown Homestead at $713. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Homestead Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Modello$2,511$512125
Princeton$2,512$1,000183
Downtown Homestead$3,150$71344
Southwest Homestead$3,150$71324
Homestead/South Dade$9,635$512863
Outer Homestead South Dade$9,635$512853

Cheapest Available Homestead Apartments for Rent

 

The cheapest available apartment rental in Homestead, FL is a 2 Beds unit found at Naranja Grand II in the Modello neighborhood priced from $512. Naranja Grand I in the Modello neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $551. Here is today’s list of the most affordable Homestead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Naranja Grand IITwo Bedrooms2BR,2BA$512
Naranja Grand IOne Bedroom1BR,1BA$551
Solimar Apartment HomesThe Eclipse1BR,1BA$713
Riverwalk I ApartmentsOne Bedroom1BR,1BA$1,109
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274

Best Value Apartments for Rent in Homestead, FL

As of December 08, 2025 the best value apartment in the Homestead area is the $1.77 price per square foot TH4 Renovated Model at Seascape Pointe Townhomes in the in the Outer Homestead South Dade neighborhood starting from $2,650. The second greatest value Homestead apartment is the 1486 SE 26th Ter Model at 1486 SE 26th Ter, Unit key gare starting at $2,390 with a $1.59 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.
Seascape Pointe TownhomesTH4 Renovated4BR,3BA$1.77
1486 SE 26th Ter, Unit key gare1486 SE 26th Ter3BR,2BA$1.59
1663 SE 27th Dr, Unit 2021663 SE 27th Dr3BR,2BA$1.81
Ambar Key Homes2 Beds, 2.5 baths2BR,2.5BA$1.68
1663 SE 29th St # 109, Unit 1091663 SE 29th St # 1093BR,2BA$1.70
Colony Lakes3 Bedroom 2 Bath3BR,2BA$1.69
Naranja Grand IITwo Bedrooms2BR,2BA$0.56
Naranja Grand IOne Bedroom1BR,1BA$0.76
Cordova Estates1 Bed, 1 bath1BR,1BA$1.80
Solimar Apartment HomesThe Eclipse1BR,1BA$1.00

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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Quick Rent Budget Calculator

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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.

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

Explore Homestead, FL Rentals by Map

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Getting Around Homestead, FL

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

22 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Homestead Apartments

What is the price of a cheap apartment in Homestead?

The cheapest apartment in Homestead is Naranja Grand I which is listed at $551, while the average apartment in Homestead costs $5,098.

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 436 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 $658 which is $4,440 cheaper than the average rent for all rentals in Homestead.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.