Average Rent in Homestead FL
6 apartment buildings, 18 units. Real asking prices, refreshed daily.
Avg Rent
$1,626/mo
Cheapest
$883/mo
Properties
6
Units
18
Analysis
Rent Price Breakdown
Compare pricing across all 6 properties in Homestead FL.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Homestead FL Rent Prices
All 6 properties ranked by lowest available rent.
Monterey Pointe Apartments
1400 E Mowry Dr, Homestead, FL 33033, USA
Bonita Pointe
613 E Palm Dr, Florida City, FL 33034, USA
Cannery Row at Redlands Crossing
14380 SW 261 St Ter, Naranja, FL 33032, USA
Portofino Plaza
650 NE 22nd Terrace, Homestead, FL 33033, USA
The Heights at Coral Town Park
14401 SW 268th St, Naranja, FL 33032, USA
The Preserve at Coral Town Park
26484 SW 142nd Ave, Naranja, FL 33032, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Monterey Pointe Apartments 1400 E Mowry Dr, Homestead, FL 33033, USA | $883 | $1,532 | $1.33 | 4.6 | 10 |
| 2 | Bonita Pointe 613 E Palm Dr, Florida City, FL 33034, USA | $1,587 | $1,745 | $1.67 | 4.4 | 8 |
| 3 | Cannery Row at Redlands Crossing 14380 SW 261 St Ter, Naranja, FL 33032, USA | -- | -- | -- | 4 | 0 |
| 4 | Portofino Plaza 650 NE 22nd Terrace, Homestead, FL 33033, USA | -- | -- | -- | 4.4 | 0 |
| 5 | The Heights at Coral Town Park 14401 SW 268th St, Naranja, FL 33032, USA | -- | -- | -- | 4.2 | 0 |
| 6 | The Preserve at Coral Town Park 26484 SW 142nd Ave, Naranja, FL 33032, USA | -- | -- | -- | 4.5 | 0 |
Explore Each Property
Monterey Pointe Apartments
4.61400 E Mowry Dr, Homestead, FL 33033, USA
Bonita Pointe
4.4613 E Palm Dr, Florida City, FL 33034, USA
Cannery Row at Redlands Crossing
414380 SW 261 St Ter, Naranja, FL 33032, USA
Portofino Plaza
4.4650 NE 22nd Terrace, Homestead, FL 33033, USA
The Heights at Coral Town Park
4.214401 SW 268th St, Naranja, FL 33032, USA
The Preserve at Coral Town Park
4.526484 SW 142nd Ave, Naranja, FL 33032, USA
Homestead FL Average Rent Prices 2026
The average rent in Homestead FL is $1,626 per month, based on 18 units across 6 apartment communities. Prices range from $883 at Monterey Pointe Apartments to $1,587 at Bonita Pointe.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $1,077/mo | $883/mo | 2 |
| 2 Bed | $1,552/mo | $1,526/mo | 7 |
| 3 Bed | $1,806/mo | $1,765/mo | 9 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Homestead FL, and what they pay
Tracked one-bedroom rent in Homestead FL averages $1,077/mo, with two-bedroom units averaging $1,552/mo. At the local median household income of $61,975, that works out to 31% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Homestead FL at $1,619/mo. The current tracked market average runs 0% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Homestead FL while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Homestead FL?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$65,000/year
30 percent rule -- using our average rent of $1,626/mo.
Comfortable income
$78,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($883/mo), you need to earn at least $35,000/year.
Median household income in Homestead FL is $61,975 , about 21% below the comfortable-living threshold.
Cost of living in Homestead FL
Overall prices in Homestead FL runs above the national average by about 12% (BEA Regional Price Parity index 112.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Homestead FL's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,626 |
| Utilities | $673 |
| Groceries | $550 |
| Transportation | $1,605 |
| Healthcare | $783 |
| Other goods and services | $1,253 |
| Estimated total | $6,491/mo |
Population
80,725
Median household income
$61,975
Census median rent
$1,619/mo
Rent as % of income
36.8%
Median age
32.3
Mean commute
37 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Florida
How Homestead FL rent compares to other markets in the state.
| City | Avg Rent | vs Homestead FL | Properties |
|---|---|---|---|
| Miami, FL | $3,120 | +92% | 30 |
| Tampa, FL | $2,801 | +72% | 26 |
| Orlando, FL | $2,085 | +28% | 22 |
| Jacksonville, FL | $1,695 | +4% | 21 |
| Pembroke Pines, FL | $2,654 | +63% | 18 |
| Port ST Lucie, FL | $2,248 | +38% | 17 |
Frequently asked questions
What is the average rent in Homestead FL?
The average rent in Homestead FL is $1,626 per month, based on 18 units across 6 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Homestead FL?
The lowest available rent in Homestead FL starts at $883 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in Homestead FL?
1-bedroom apartments in Homestead FL average $1,077/mo. The lowest listed 1-bedroom starts at $883/mo across 2 units tracked.
How much is a 2-bedroom apartment in Homestead FL?
2-bedroom apartments in Homestead FL average $1,552/mo. Units start from $1,526/mo across 7 units currently listed.
Rent Trends in Homestead FL
Track how apartment prices are changing over time.
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