Cheap Apartments for Rent in the Downtown Homestead Neighborhood of Homestead, FL from $400 (60 Rentals)

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

property at 320 SW 11th Ave

$1,350 - $1,600

1 Bedroom Rentals

Available Now

320 SW 11th Ave

HomesteadFL33030
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385 NW 17th Ct, Unit 1
$1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450
1 Bedroom Apartment Available Now

385 NW 17th Ct, Unit 1

385 NW 17th CtHomestead, FL 33030
Affordability

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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property at 1280 S Franklin Ave

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050
Total Monthly Price
$2,050

3 Bedroom, 2 Bath Condo for Rent

Available Jul 1

1280 S Franklin Ave, Unit B

1280 S Franklin Ave
HomesteadFL33034

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
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Colony Lakes
1 to 3 Bedroom Apartments

Colony Lakes

1500 E Mowry DrHomestead, FL 33033
  • Utilities Included
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Riverwalk I Apartments
1 to 3 Bedroom Apartments

Riverwalk I Apartments

330 NE 18th AveHomestead, FL 33033
  • Utilities Included

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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Monterey Pointe
1 to 3 Bedroom Apartments

Monterey Pointe

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

$1,400

Total Monthly Price

Total Monthly Price

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

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

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 1361 Sandpiper Blvd

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

2 Bedroom, 2 Bath Home for Rent

Available Now

1361 Sandpiper Blvd

HomesteadFL33035

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

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 The Landings at Homestead priced from $962. 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
The Landings at Homestead1 Bedroom1BR,1BA$962
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274
Orchid Grove1x11BR,1BA$1,297
Winchester Gardens2 Bed 1 Bath2BR,1BA$1,708

Best Value Apartments for Rent in Downtown Homestead, FL

As of June 20, 2026 the best value apartment in the Downtown Homestead area is the $2.26 price per square foot 2 Bed 1 Bath Model at Winchester Gardens in the in the Outer Homestead South Dade neighborhood starting from $1,708. The second greatest value Downtown Homestead apartment is the 1 Bedroom Model at The Landings at Homestead starting at $962 with a $1.32 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.
Winchester Gardens2 Bed 1 Bath2BR,1BA$2.26
The Landings at Homestead1 Bedroom1BR,1BA$1.32
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1.85
Orchid Grove1x11BR,1BA$1.96
385 NW 17th Ct, Unit 1385 NW 17th Ct1BR,1BA$3.02

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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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 The Landings at Homestead which is listed at $962, while the average apartment in Downtown Homestead costs $7,292.

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 1 regular apartments in Downtown Homestead that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.