
Cheap Homes for Rent in Downtown Homestead Neighborhood of Homestead, FL from $1,300 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Homestead area of Homestead.


616 SW 8th Ave

849 NW 12th St

1413 NW 8th Ave

1150 N Liberty Ave

1135 N Franklin Ave

1319 NW 8th Pl

313 N Krome Ave, Unit B, Unit B
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.

1211 S Independence Dr

1149 Independence Trail

845 NW 12th St

980 Constitution Dr

1361 Sandpiper Blvd

805 N Franklin Ave

800 Independence Dr

960 N Franklin Ave
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.

67 NE 12th Ave

1301 S Franklin Ave

820 N Franklin Ave, Unit 820A, Unit 820A

1310 NW 6th Ave

1024 S Independence Dr, Unit A, Unit A

157 NE 12th Ave

124 NE 13th Ave

802 Constitution Dr
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.
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 | $2,026 | $1,600 | $2,750 |
| Downtown Homestead 3 Bedroom Homes for Rent | $2,511 | $1,795 | $3,300 |
| Downtown Homestead 4 Bedroom Homes for Rent | $3,359 | $2,600 | $4,450 |
| Downtown Homestead 5 Bedroom Homes for Rent | $3,600 | $3,000 | $4,000 |
| Downtown Homestead 6 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 24 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 San Sherri Villas Apartments priced from $916. The Landings at Homestead has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,213. Here are the most affordable Downtown Homestead apartments for rent in Homestead, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| San Sherri Villas Apartments | One Bedroom | 1BR,1BA | $916 |
| The Landings at Homestead | 3 Bedroom | 3BR,2BA | $1,213 |
| Gardens of Homestead | 1 Bed 1 Bath | 1BR,1BA | $1,274 |
| Orchid Grove | 1x1 | 1BR,1BA | $1,297 |
| Riverwalk I Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,349 |
Best Value Apartments for Rent in Downtown Homestead, FL
As of April 16, 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 448 NW 4th Ave in the in the Outer Homestead South Dade neighborhood starting from $1,800. The second greatest value Downtown Homestead apartment is the One Bedroom Model at San Sherri Villas Apartments starting at $916 with a $1.02 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. |
|---|---|---|---|
| 448 NW 4th Ave, Unit 448 NW 4th Ave | 448 NW 4th Ave | 1BR,1BA | $1.89 |
| San Sherri Villas Apartments | One Bedroom | 1BR,1BA | $1.02 |
| Riverwalk I Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.90 |
| Winchester Gardens | 2 Bed 1 Bath | 2BR,1BA | $2.04 |
| The Landings at Homestead | 2 Bedroom | 2BR,1BA | $2.20 |
| Solimar Apartment Homes | The Eclipse | 1BR,1BA | $2.30 |
| Gardens of Homestead | 1 Bed 1 Bath | 1BR,1BA | $1.85 |
| Orchid Grove | 1x1 | 1BR,1BA | $1.96 |
| 628 SW Krome Ter, Unit 3 | 628 SW Krome Ter | Studio ,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.
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.
Best Local Schools in Downtown Homestead, Homestead, FL
School data provided by Great Schools
Frequently Asked Questions about Downtown Homestead
What type of rentals are currently available in Downtown Homestead?
There are currently 268 Apartments for Rent in Downtown Homestead, FL with pricing that ranges from $900 to $6,069. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Homestead ranging from $1,350 to $6,500.
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 $1,350 to $6,500 with an average monthly rent of $3,249.
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

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.

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.

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.

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.