Cheap Apartments for Rent in Homestead, FL from $400 (61 Rentals)

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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.

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 15001 Leisure Dr

$1,350 - $1,500

Studio To 1 Bedroom Rentals

Available Now

15001 Leisure Dr

HomesteadFL33033
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Mazal Investments 32
Studio to 2 Bedroom Apartments

Mazal Investments 32

251 NE 10th StHomestead, FL 33030
  • Utilities Included

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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Villa Biscayne
2 to 4 Bedroom Apartments

Villa Biscayne

15350 SW 284th StHomestead, FL 33083
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Orchid Estates
1 to 3 Bedroom Apartments

Orchid Estates

26400 SW 147th AveHomestead, FL 33032
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25 NE 12th St
1 Bedroom Apartments

25 NE 12th St

25 NE 12th StHomestead, FL 33030
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Veranda Senior Apartments
1 to 2 Bedroom Apartments

Veranda Senior Apartments

28355 SW 152nd AveHomestead, FL 33033
Senior Living
  • Utilities Included

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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Mirabella
1 to 3 Bedroom Apartments

Mirabella

12801 SW 252nd StHomestead, FL 33032
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Windmill Farms
1 to 3 Bedroom Apartments

Windmill Farms

12871 SW 242nd StHomestead, FL 33032
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Princeton Park
1 to 3 Bedroom Apartments

Princeton Park

13113 SW 248th StHomestead, FL 33032
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Casa Matias
1 to 3 Bedroom Apartments

Casa Matias

14340 SW 260th StHomestead, FL 33032
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Monterey Pointe
1 to 3 Bedroom Apartments

Monterey Pointe

1400 E Mowry DrHomestead, FL 33033
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Tuscany Place
1 to 3 Bedroom Apartments

Tuscany Place

25400 SW 137th AveHomestead, FL 33032
  • Utilities Included

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.

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: 02/23/2026

Current apartment rentals in the Homestead, FL area range in price from $750 to $10,877 with an overall median price of $5,464. The three Homestead neighborhoods with the lowest median rent pricing are Princeton at $900, Modello at $900, and Homestead/South Dade at $750. 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$2,704$900223
Modello$3,700$90038
Homestead/South Dade$5,276$750647
Outer Homestead South Dade$5,276$750644
Downtown Homestead$7,916$90017
Southwest Homestead$7,916$9506

Cheapest Available Homestead Apartments for Rent

 

The cheapest available apartment rental in Homestead, FL is a Studio unit found at Mango Way Apartments in the Outer Homestead South Dade neighborhood priced from $1,245. 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
Mango Way ApartmentsSTUDIOStudio,1BA$1,245
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274
Orchid Grove1 Bed, 1 bath1BR,1BA$1,307
Fair OaksA-11BR,1BA$1,312
Madison Point Apartments1 Bed, 1 bath1BR,1BA$1,330
Riverwalk I Apartments1 Bed 1 Bath1BR,1BA$1,349
Winchester Gardens3 Bed 2 Bath 50%3BR,2BA$1,458
Lanai Landings1/11BR,1BA$1,500
Woodland Grove1 Bedrooms A1BR,1BA$1,541

Best Value Apartments for Rent in Homestead, FL

As of February 23, 2026 the best value apartment in the Homestead area is the $1.49 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 TH3 Model at Seascape Pointe Townhomes starting at $2,100 with a $1.51 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$1.49
Seascape Pointe TownhomesTH33BR,2.5BA$1.51
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
Ambar Key Homes2 Beds, 2.5 baths2BR,2.5BA$1.59
Venice At Crystal LakesPicasso II2BR,2BA$1.84
Jubilee Courtyards3BR3BR,2BA$1.56
The Landings at Homestead2 Bedroom2BR,1BA$1.73
Circle Creek Apartments2 Beds, 2 baths2BR,2BA$1.81

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.

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

Explore Homestead, FL Rentals by Map

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Frequently Asked Questions about Cheap Homestead Apartments

What is the price of a cheap apartment in Homestead?

The cheapest apartment in Homestead is Gardens of Homestead which is listed at $1,274, while the average apartment in Homestead costs $5,464.

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 238 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 $595 which is $4,869 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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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.

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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.

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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.