
Cheap Apartments for Rent in the Downtown Homestead Neighborhood of Homestead, FL from $400 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Homestead area of Homestead.

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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.

Solimar Apartment Homes
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Downtown Homestead, Homestead, FL Local Guide

How much does it cost to rent an apartment in Downtown Homestead?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Homestead 1 Bedroom Apartments | $1,434 | $713 | $1,800 |
| Downtown Homestead 2 Bedroom Apartments | $1,695 | $839 | $2,000 |
| Downtown Homestead 3 Bedroom Apartments | $1,737 | $874 | $2,250 |
| Downtown Homestead 4 Bedroom Apartments | $3,150 | $2,800 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Homestead Neighborhood of Homestead, FL.
See all Apartments in HomesteadExplore Homestead
Downtown Homestead, Homestead, FL Local Guide
- Nearby Homestead neighborhoods
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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 Solimar Apartment Homes priced from $713. Riverwalk I Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,109. Here are the most affordable Downtown Homestead apartments for rent in Homestead, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Solimar Apartment Homes | The Eclipse | 1BR,1BA | $713 |
| Riverwalk I Apartments | One Bedroom | 1BR,1BA | $1,109 |
| Gardens of Homestead | 1 Bed 1 Bath | 1BR,1BA | $1,274 |
Best Value Apartments for Rent in Downtown Homestead, FL
As of November 14, 2025 the best value apartment in the Downtown Homestead area is the $1.69 price per square foot 3 Bedroom 2 Bath Model at Colony Lakes in the in the Outer Homestead South Dade neighborhood starting from $1,709. The second greatest value Downtown Homestead apartment is the Three Bedroom Farmworker Model at Riverwalk I Apartments starting at $1,848 with a $1.95 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colony Lakes | 3 Bedroom 2 Bath | 3BR,2BA | $1.69 |
| Riverwalk I Apartments | Three Bedroom Farmworker | 3BR,2BA | $1.95 |
| Winchester Gardens | Plan B | 2BR,1BA | $2.05 |
| Solimar Apartment Homes | The Eclipse | 1BR,1BA | $1.00 |
| Gardens of Homestead | 1 Bed 1 Bath | 1BR,1BA | $1.85 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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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Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Homestead, Homestead, FL
Ranked #3
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Homestead, Homestead, FL
School data provided by Great Schools
Getting Around the Downtown Homestead Neighborhood in Homestead, FL
Walk Score®
79 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
40 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Solimar Apartment Homes which is listed at $713, while the average apartment in Downtown Homestead costs $3,150.
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 13 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 $636 which is $2,514 cheaper than the average rent for all rentals in Downtown 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.



