Average Rent in Homestead, FL

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Current Versus Historical Homestead, FL Rents

Homestead rentals average $1,225 for a studio rental to $3,525 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $1,317 (-56.83%) year-over-year from $2,317 to $1,000. 1-bedroom rentals prices have increased by $58 (4.19%) year-over-year from $1,392 to $1,450. 2-bedroom rentals prices have increased by $101 (5.04%) year-over-year from $1,999 to $2,100. 3-bedroom rentals prices have increased by $25 (1.00%) year-over-year from $2,500 to $2,525. 4-bedroom rentals prices have increased by $417 (13.52%) year-over-year from $3,083 to $3,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 9.09% this month. 1-bedroom rents have gone down by 5.95% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone up by 2.40% this month. 4-bedroom rents have gone up by 5.00% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.76	$1,000	$2,317 (-56.83%)	$50 (1,916.13%)
1 BR	$2.14	$1,450	$1,392 (4.19%)	$1,333 (8.75%)
2 BR	$2.21	$2,100	$1,999 (5.04%)	$1,733 (21.15%)
3 BR	$1.85	$2,525	$2,500 (1.00%)	$2,355 (7.22%)
4+ BR	$1.81	$3,500	$3,083 (13.52%)	$2,927 (19.59%)

Historical Rents in Homestead, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Homestead

There are a total of 2 cities nearby Homestead. The average rent in Homestead is currently $2,725 per month. Our records show that Florida City, FL, with an average rent of $2,650, is the most affordable city nearby. In contrast, the most expensive city near Homestead, FL is Princeton, FL. Monthly rents here are on average $2,800 per month.

Let's compare Homestead, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 4.92% more expensive. Two bedrooms in Homestead, FL are about 11.31% more affordable. Finally, rent for three bedrooms are about 5.35% more affordable. Want more information? Check out the top 2 cities near Homestead, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Florida City, FL	N/A	$1,400	$2,325	$2,650
Princeton, FL	N/A	$1,500	$2,350	$2,800

Top Neighborhoods Near Homestead

There are a total of 1 neighborhoods in or near Homestead. We've included all of these top 1 neighborhoods in or near Homestead, FL in the following chart.

The average rent for these 1 neighborhoods in or near Homestead, FL is currently around $2,800 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Homestead's average rent, which is only $2,500. Out of all the neighborhoods in or near Homestead, Princeton has the most affordable average rent at $2,800 per month. Whereas, at $2,800 average rent per month, Princeton is the most expensive neighborhood in or near Homestead. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Princeton, FL	N/A	$1,500	$2,350	$2,800

Top Counties Near Homestead

There are a total of 1 counties located by Homestead, FL. The average rent for rentals in these counties is $2,800. That's roughly around $2 per sqft. The county that is the most affordable is Princeton-Goulds, FL. It's average rent per month is $2,800. Vice versa, with an average rent of $2,800, Princeton-Goulds, FL is the most expensive county by Homestead, FL.

Typically, rent for studios in Homestead, FL is 6.12% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Homestead, FL is 4.92% more affordable than other counties nearby. Finally, rent for two bedrooms in Homestead, FL is 4.76% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Princeton-Goulds, FL	$1,150	$1,600	$2,200	$2,800

Top Zipcodes Near Homestead

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Homestead Average Rents

What is the average rent price in Homestead, FL?

The average monthly rental price for Homestead, FL apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Homestead, FL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Homestead, FL.

How much is a studio apartment in Homestead, FL?

The average monthly rental price for studio apartments is $1,225 and an average price per square feet of $2.76. There are a total of 2 studio apartment listings currently available for rent in Homestead.

How much is a one bedroom apartment in Homestead, FL?

The average monthly rental price for one bedroom apartments is $1,525 and an average price per square feet of $2.14. There are a total of 12 one bedroom apartment listings currently available for rent in Homestead.

How much is a two bedroom apartment in Homestead, FL?

The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $2.21. There are a total of 63 two bedroom apartment listings currently available for rent in Homestead.

How have rent prices in Homestead, FL changed this year?

Rent prices for rentals in Homestead, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.57%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.01% year-over-year.

What is a reasonable rent price in Homestead, FL?

A reasonable rent price in Homestead, FL is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.