Cheap Apartments for Rent in the Downtown Homestead Neighborhood of Homestead, FL from $400 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Homestead area of 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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Mazal Investments 32
Studio to 2 Bedroom Apartments

Mazal Investments 32

251 NE 10th StHomestead, FL 33030
  • Utilities Included
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Riverwalk II
1 to 3 Bedroom Apartments

Riverwalk II

301 SE 6 AveHomestead, FL 33030
  • Utilities Included
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25 NE 12th St
1 Bedroom Apartments

25 NE 12th St

25 NE 12th StHomestead, FL 33030

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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Monterey Pointe
1 to 3 Bedroom Apartments

Monterey Pointe

1400 E Mowry DrHomestead, FL 33033
property at 616 SW 8th Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

616 SW 8th Ave

HomesteadFL33030
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130 SW 4th Ave
1 to 2 Bedroom Apartments

130 SW 4th Ave

130 SW 4th AveHomestead, 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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property at 1413 NW 8th Ave

$1,400

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1413 NW 8th Ave

Florida CityFL33034

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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1027 NW 9th Ave
2 to 3 Bedroom Apartments

1027 NW 9th Ave

1027 NW 9th AveFlorida City, FL 33034
  • Utilities Included
Showing Results 1-44, Page 1 of 1

Downtown Homestead, Homestead, FL Local Guide

Cheapest Available Downtown Homestead Apartments for Rent

 

The cheapest available apartment rental in the Downtown Homestead area of Homestead, FL is a 1 Bed unit found at San Sherri Villas Apartments priced from $916. Gardens of Homestead has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,274. Here are the most affordable Downtown Homestead apartments for rent in Homestead, FL:

Apartment ListingModel NameBed/BathPriced From
San Sherri Villas ApartmentsOne Bedroom1BR,1BA$916
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274
Orchid Grove1x11BR,1BA$1,297
Riverwalk I Apartments1 Bed 1 Bath1BR,1BA$1,349
Winchester Gardens2 Bed 1 Bath2BR,1BA$1,541
Solimar Apartment HomesThe Eclipse1BR,1BA$1,644

Best Value Apartments for Rent in Downtown Homestead, FL

As of April 25, 2026 the best value apartment in the Downtown Homestead area is the $1.89 price per square foot 448 NW 4th Ave Model at 448 NW 4th Ave, Unit NW 4th Ave, Homestead FL in the in the Outer Homestead South Dade neighborhood starting from $1,800. The second greatest value Downtown Homestead apartment is the 2 Bed 1 Bath Model at Winchester Gardens starting at $1,541 with a $2.04 price per square foot in the Outer Homestead South Dade neighborhood. Here is today’s list of the best values for Downtown Homestead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
448 NW 4th Ave, Unit NW 4th Ave, Homestead FL448 NW 4th Ave1BR,1BA$1.89
Winchester Gardens2 Bed 1 Bath2BR,1BA$2.04
Riverwalk I Apartments1 Bed 1 Bath1BR,1BA$1.80
Solimar Apartment HomesThe Eclipse1BR,1BA$2.30
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1.85
Orchid Grove1x11BR,1BA$1.96
628 SW Krome Ter, Unit 3628 SW Krome TerStudio ,1BA$4.00

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Best Local Schools in
Downtown Homestead, Homestead, FL

School data provided by Great Schools

Frequently Asked Questions about Cheap Downtown Homestead Apartments

What is the price of a cheap apartment in Downtown Homestead?

The cheapest apartment in Downtown Homestead is Gardens of Homestead which is listed at $1,274, while the average apartment in Downtown Homestead costs $5,650.

What types of apartments are the cheapest in Downtown 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 10 regular apartments in Downtown 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 Downtown Homestead?

Cheap apartments in Downtown Homestead have an average cost of $443 which is $5,207 cheaper than the average rent for all rentals in Downtown 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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.