How many renters in Homestead, FL pay more than 30% of their income on rent?
64.1% (±6.3 points) of renting households in Homestead, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
57.0% spend 35% or more.
The median renting household spends 38.4% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 64.1% (±6.3 points)
- Paying 35% or more
- 57.0% (±5.5 points)
- Median share of income
- 38.4% (±3.1 points)
Rent as a share of income in Homestead
| Share of income spent on rent | Homestead | Miami-Dade County | Florida | United States |
|---|---|---|---|---|
| Less than 15% | 5.9% (±2.0 points) | 6.7% | 8.1% | 12.6% |
| 15% to 19.9% | 9.5% (±3.4 points) | 8.2% | 9.3% | 12.2% |
| 20% to 24.9% | 12.8% (±2.9 points) | 10.0% | 11.3% | 12.6% |
| 25% to 29.9% | 7.7% (±2.1 points) | 10.7% | 11.3% | 11.5% |
| 30% to 34.9% | 7.1% (±3.1 points) | 9.5% | 9.8% | 9.2% |
| 35% or more | 57.0% (±5.5 points) | 55.0% | 50.2% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Homestead against Miami-Dade County, its state and the nation
| Homestead | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Paying 30% or more | 64.1% (±6.3 points) | 64.5% (±0.9 points) | 60.0% (±0.4 points) | 51.1% |
| Paying 35% or more | 57.0% (±5.5 points) | 55.0% (±0.8 points) | 50.2% (±0.4 points) | 41.9% |
| Median share of income | 38.4% (±3.1 points) | 38.2% (±0.6 points) | 35.2% (±0.3 points) | 30.6% |
| Median renter household income | $48,503 (±$7,765) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median gross rent | $1,674 (±$57) | $1,829 (±$10) | $1,669 (±$5) | $1,413 |
In Homestead, the share of renters paying 30% or more of income is not measurably different from Miami-Dade County (64.5%).
It is not measurably different from Florida (60.0%).
It is higher than the national figure (51.1%).
In Miami-Dade County, Homestead ranks 42 of 67 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 292 of 843.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Homestead
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Homestead | — | 64.1% (±6.3 points) | — |
| Leisure City | 2.0 mi | 68.2% (±8.9 points) | Not measurably different |
| Florida City | 2.1 mi | 65.5% (±12.1 points) | Not measurably different |
| Naranja | 3.7 mi | 61.4% (±8.0 points) | Not measurably different |
| Homestead Base | 3.8 mi | 95.4% (±32.7 points) | Not measurably different |
| Princeton | 5.9 mi | 63.4% (±10.9 points) | Not measurably different |
| Goulds | 7.4 mi | 68.8% (±21.0 points) | Not measurably different |
| South Miami Heights | 9.2 mi | 63.4% (±8.2 points) | Not measurably different |
| Richmond West | 9.9 mi | 73.2% (±18.7 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Miami-Dade County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 36 | Key Biscayne | 65.7% (±13.8 points) |
| 37 | Florida City | 65.5% (±12.1 points) |
| 38 | Brownsville | 65.4% (±11.2 points) |
| 39 | Fountainebleau | 64.8% (±5.3 points) |
| 40 | Kendall West | 64.6% (±8.4 points) |
| 41 (tie) | Hialeah | 64.1% (±3.1 points) |
| 41 (tie) | Homestead | 64.1% (±6.3 points) |
| 43 | Sweetwater | 63.8% (±9.3 points) |
| 44 | Cutler Bay | 63.7% (±10.3 points) |
| 45 (tie) | Country Club | 63.6% (±6.0 points) |
| 45 (tie) | Miami Springs | 63.6% (±11.6 points) |
| 47 | Westchester | 63.5% (±6.4 points) |
| 48 (tie) | Princeton | 63.4% (±10.9 points) |
Showing 13 of 67 places in Miami-Dade County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Homestead
Are renters in Homestead rent-burdened?
64.1% of renting households in Homestead pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Homestead spend on rent?
The median renting household in Homestead, FL spends 38.4% (±3.1 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Homestead city, Florida
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Homestead city, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Homestead city, Florida
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Homestead city, Florida (place:32275, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Homestead at a glance
- Median rent in Homestead
- Rent by bedrooms in Homestead
- Renters and owners in Homestead
- Income and affordability in Homestead
- Home values in Homestead
- Homeowner costs in Homestead
- Property taxes in Homestead
- Types of homes in Homestead
- Bedrooms in Homestead
- Age of homes in Homestead
- Vacancy rate in Homestead
- Heating fuel in Homestead
- Commute and cars in Homestead
- Crime reported to police in Homestead
- Population growth in Homestead
- How long people stay in Homestead
- Crowding and facilities in Homestead
- Fair Market Rent in Homestead
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by rent burden
- Housing data for every place in Florida