The median home in Homestead, Florida is valued at $433,703, down 4.8% year over year. Typical monthly rent is $2,400, producing a price-to-rent ratio of 15.1x — near the national average of 18x. Homestead is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Miami-Fort Lauderdale-Pompano Beach, FL stress score, crash risk, and 12-month forecast →

Home Value$433,703

-4.8%

Rent$2,400/mo

AFFORDABILITY

Enter your income for Homestead.

Income (annual)

Down Payment

$86,741 on $433,703

Out of reach — 45.7% of income

Need $122,314/yr to afford.

PITI$2,854

P/I45.7%

Afford$266K

Gap-$168K

P&I $2,193Tax $311Ins $350

Renting $454/mo cheaper ($2,400 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Homestead with other housing markets across Florida.

Jupiter Island$9494K Golden Beach$7499K Fisher Island$6393K Lake Buena Vista$6088K Jupiter Inlet Colony$3619K Manalapan$3569K Golf$2871K Boca Grande$2635K

Full Miami-Fort Lauderdale-Pompano Beach, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Miami-Fort Lauderdale-Pompano Beach, FL metro.

View Miami-Fort Lauderdale-Pompano Beach, FL metro →

HOMESTEAD, FL