Cheap Apartments for Rent in Homestead, FL from $400 (257 Rentals)

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

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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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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property at 2826 SE 16th Pl

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

3 Bedroom, 2 Bath Condo for Rent

Available Now

2826 SE 16th Pl, Unit 201

2826 SE 16th Pl
HomesteadFL33035

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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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.

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property at 320 SW 11th Ave

$1,550 - $1,600

1 Bedroom Rentals

Available Now

320 SW 11th Ave

HomesteadFL33030
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

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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Showing Results 1-50, Page 1 of 6

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: 07/09/2026

Current apartment rentals in the Homestead, FL area range in price from $800 to $12,637 with an overall median price of $8,981. The three Homestead neighborhoods with the lowest median rent pricing are Modello at $800, Downtown Homestead at $1,000, and Southwest Homestead at $1,150. 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$2,759$80041
Downtown Homestead$6,608$1,00023
Southwest Homestead$6,608$1,15012
Homestead/South Dade$12,637$800672
Outer Homestead South Dade$12,637$800659
Princeton$12,637$850241

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. Gardens of Homestead in the Outer Homestead South Dade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,274. Here is today’s list of the most affordable Homestead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cameron Creek1BR1BR,1BA$749
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274
Orchid Grove1x11BR,1BA$1,297
Malibu GardensUNIT C3BR,2BA$1,326
Madison Point Apartments1 Bed, 1 bath1BR,1BA$1,330
Ambar Trail1 Bedroom 1 Bath1BR,1BA$1,468
The Landings at Homestead1 Bedroom1BR,1BA$1,473
The Preserve at Coral Town ParkAngeles1BR,1BA$1,570
Circle Creek Apartments2 Beds, 2 baths2BR,2BA$1,571

Best Value Apartments for Rent in Homestead, FL

As of July 09, 2026 the best value apartment in the Homestead area is the $1.34 price per square foot 19479 SW 340th St Model at 19479 SW 340th St, Unit 19479 in the in the Outer Homestead South Dade neighborhood starting from $3,500. The second greatest value Homestead apartment is the TH4 Model at Seascape Pointe Townhomes starting at $2,626 with a $1.75 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.
19479 SW 340th St, Unit 1947919479 SW 340th St4BR,2.5BA$1.34
Seascape Pointe TownhomesTH44BR,3BA$1.75
1663 SE 27th Dr, Unit 2021663 SE 27th Dr3BR,2BA$1.81
Ambar Key2 Bedroom 2 Bathroom2BR,2BA$1.53
Malibu GardensUNIT C3BR,2BA$1.24
San Sherri Villas ApartmentsTwo Bedroom2BR,2BA$1.65
620 SW 8th Ave620 SW 8th Ave1BR,1BA$1.77
Sunrise Commons2 Bedroom 2 Bath2BR,2BA$1.69
Circle Creek Apartments2 Beds, 2 baths2BR,2BA$1.81
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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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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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 $1,571.

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 $8,981.

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 181 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 $333 which is $8,648 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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.