Cheap Apartments for Rent in Homestead, FL from $400 (27 Rentals)

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

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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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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Riverwalk I Apartments
1 to 3 Bedroom Apartments

Riverwalk I Apartments

330 NE 18th AveHomestead, FL 33033
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Sunrise Commons
2 to 3 Bedroom Apartments

Sunrise Commons

26600 SW 146th CtHomestead, FL 33032
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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.

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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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Winchester Gardens
1 to 3 Bedroom Apartments

Winchester Gardens

16440 SW 304th StHomestead, FL 33033
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Colony Lakes
1 to 3 Bedroom Apartments

Colony Lakes

1500 E Mowry DrHomestead, FL 33033
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Orchid Estates
1 to 3 Bedroom Apartments

Orchid Estates

26400 SW 147th AveHomestead, FL 33032

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.

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25 NE 12th St
1 Bedroom Apartments

25 NE 12th St

25 NE 12th StHomestead, FL 33030

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Harbour Springs
1 to 3 Bedroom Apartments

Harbour Springs

26655 SW 142nd AveNaranja, FL 33032
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Cameron Creek
2 Bedroom Apartments

Cameron Creek

1720 NW 3rd TerFlorida City, FL 33034
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1027 NW 9th Ave
2 to 3 Bedroom Apartments

1027 NW 9th Ave

1027 NW 9th AveFlorida City, FL 33034
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La Joya Estates
1 to 3 Bedroom Apartments

La Joya Estates

14261 SW 267th StNaranja, FL 33032
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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: 06/29/2025

Current apartment rentals in the Homestead, FL area range in price from $975 to $14,500 with an overall median price of $5,849. The three Homestead neighborhoods with the lowest median rent pricing are Downtown Homestead at $1,500, Southwest Homestead at $1,500, and Princeton at $1,000. 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$3,824$1,500101
Southwest Homestead$3,824$1,50041
Princeton$4,950$1,000238
Modello$6,000$1,25036
Homestead/South Dade$8,250$9751382
Outer Homestead South Dade$8,250$9751318

Cheapest Available Homestead Apartments for Rent

 

The cheapest available apartment rental in Homestead, FL is a 1 Bed unit found at Gardens of Homestead in the Outer Homestead South Dade neighborhood priced from $1,274. Malibu Gardens in the Outer Homestead South Dade neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,317. Here is today’s list of the most affordable Homestead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274
Malibu GardensUNIT B2BR,1BA$1,317
Princeton Crossings1 Bedroom1BR,1BA$1,319
Naranja Grand I - Now Leasing1 Bedroom 70%1BR,1BA$1,539
Lanai Landings1/11BR,1BA$1,600

Best Value Apartments for Rent in Homestead, FL

As of June 29, 2025 the best value apartment in the Homestead area is the $1.73 price per square foot TH4 Model at Seascape Pointe Townhomes in the in the Outer Homestead South Dade neighborhood starting from $2,600. The second greatest value Homestead apartment is the 2551 SE 16th Ter Model at 2551 SE 16th Ter, Unit 202 starting at $2,150 with a $1.82 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 TownhomesTH44BR,3BA$1.73
2551 SE 16th Ter, Unit 2022551 SE 16th Ter3BR,2BA$1.82
1663 SE 27th Dr, Unit 2021663 SE 27th Dr3BR,2BA$1.81
Ambar Key Homes2 Beds, 2.5 baths2BR,2.5BA$1.71
Venice At Crystal LakesMonet II2BR,2BA$1.89
South Pointe Apartments2/22BR,2BA$2.05
29724 SW 168th Ct, Unit Furnished Studio29724 SW 168th Ct1BR,1BA$1.00
Malibu GardensUNIT B2BR,1BA$1.53
16646 SW 299th Ter, Unit Yodaimy16646 SW 299th Ter1BR,1BA$1.88
Princeton Crossings1 Bedroom1BR,1BA$1.83

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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

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

The lowest price for a Cheap One Bedroom Homestead Apartment is $1,274 at Gardens of Homestead.

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 $1,317 at Malibu Gardens.

What is the most affordable Homestead Three Bedroom Apartment?

The best deal on a cheap Homestead Three Bedroom Apartment rental is at Princeton Crossings and starts from $1,742.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.