
Cheap Homes for Rent in the Downtown Homestead Neighborhood of Homestead, FL from $900 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Homestead area of Homestead.


42 SE 1st Rd, Unit 2

616 SW 8th Ave

1310 NW 9th Pl

105 NW 7th Ave

1055 N Franklin Ave

960 N Franklin Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1017 Washington Cir

1139 Independence Trail

1218 NW 8th Pl

408 NE 18th Ave

83 NE 13th Ave

31 NE 13th Ave

1080 N Franklin Ave, Unit 1080E
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Downtown Homestead, Homestead, FL Local Guide

How much does it cost to rent a home in Downtown Homestead?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Homestead 2 Bedroom Homes for Rent | $2,025 | $1,500 | $2,900 |
| Downtown Homestead 3 Bedroom Homes for Rent | $2,651 | $1,750 | $3,800 |
| Downtown Homestead 4 Bedroom Homes for Rent | $3,343 | $2,400 | $4,700 |
| Downtown Homestead 5 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Downtown Homestead Neighborhood of Homestead, FL.
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Downtown Homestead, Homestead, FL Local Guide
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Landings at Homestead | 1 Bedroom | 1BR,1BA | $962 |
| Gardens of Homestead | 1 Bed 1 Bath | 1BR,1BA | $1,274 |
| Orchid Grove | 1x1 | 1BR,1BA | $1,352 |
| Winchester Gardens | 2 Bed 1 Bath | 2BR,1BA | $1,708 |
Best Value Apartments for Rent in Downtown Homestead, FL
As of August 30, 2026 the best value apartment in the Downtown Homestead area is the $1.77 price per square foot 620 SW 8th Ave Model at 620 SW 8th Ave in the in the Outer Homestead South Dade neighborhood starting from $1,700. The second greatest value Downtown Homestead apartment is the 117 NE 2nd Rd Model at 117 NE 2nd Rd, Unit 117 starting at $1,800 with a $2.00 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. |
|---|---|---|---|
| 620 SW 8th Ave | 620 SW 8th Ave | 1BR,1BA | $1.77 |
| 117 NE 2nd Rd, Unit 117 | 117 NE 2nd Rd | 2BR,1BA | $2.00 |
| Winchester Gardens | 2 Bed 1 Bath | 2BR,1BA | $2.26 |
| The Landings at Homestead | 2 Bedroom | 2BR,1BA | $2.44 |
| Gardens of Homestead | 2 Bed 1 Bath | 2BR,1BA | $2.39 |
| Orchid Grove | 1x1 | 1BR,1BA | $2.05 |
| 725 SW 1st Ave, Unit 1 | 725 SW 1st Ave | Studio ,1BA | $3.33 |
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.
Read ArticleReal 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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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.
Best Local Schools in Downtown Homestead, Homestead, FL
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Frequently Asked Questions about Downtown Homestead
What type of rentals are currently available in Downtown Homestead?
There are currently 277 Apartments for Rent in Downtown Homestead, FL with pricing that ranges from $1,000 to $6,654. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Homestead ranging from $900 to $4,700.
What is the current price range for Rental Homes in Downtown Homestead?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Homestead ranges from $900 to $4,700 with an average monthly rent of $2,604.
How much are larger Three and Four Bedroom Rentals in Downtown Homestead?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Homestead range from $1,869 to $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $3,650.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.