What percentage of people rent in Homestead, FL?

Name: Renters and owners in Homestead, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

51.7% (±3.3 points) of the occupied homes in Homestead, FL are rented (2020–2024 American Community Survey).

That is 13,266 renting households against 12,372 that own their home.

In Homestead, the share of households that rent went from 59.1% in 2015–2019 to 51.7% in 2020–2024 (−7.4 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 51.7% (±3.3 points)
Renting households: 13,266 (±1,079)
Median renter income: $48,503 (±$7,765)

Who rents and who owns in Homestead

Tenure, estimate (90% margin of error)
	Homestead	Miami-Dade County	Florida	United States
Renter-occupied share	51.7% (±3.3 points)	47.8% (±0.5 points)	32.4% (±0.2 points)	34.8%
Renting households	13,266 (±1,079)	465,971 (±5,269)	2,834,163 (±17,461)	45,017,354
Owning households	12,372 (±852)	509,440 (±5,300)	5,918,647 (±31,594)	84,210,142
Average renter household size	3.1 (±0.2)	2.6 (±0.0)	2.5 (±0.0)	2.3
Average owner household size	3.3 (±0.2)	2.9 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$48,503 (±$7,765)	$53,660 (±$1,055)	$53,617 (±$353)	$52,966
Median owner household income	$86,275 (±$5,251)	$94,956 (±$1,395)	$88,144 (±$469)	$100,009

In Homestead, the renter share is higher than in Miami-Dade County (47.8%).

It is also higher than in Florida (32.4%).

It is higher than the national figure (34.8%).

In Miami-Dade County, Homestead ranks 19 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 85 of 857.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Homestead has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	59.1% (±2.7 points)	51.7% (±3.3 points)	−7.4 percentage points	Measurable decrease
Median gross rent	$1,267 (±$53)	$1,674 (±$57)	+32.1%	Up after inflation
Median household income	$47,508 (±$2,555)	$65,423 (±$3,803)	+37.7%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Homestead

Nearest places with a published estimate, compared with Homestead
Place	Distance	Households that rent	Compared with this place
Homestead	—	51.7% (±3.3 points)	—
Leisure City	2.0 mi	56.4% (±5.2 points)	Not measurably different
Florida City	2.1 mi	68.8% (±6.4 points)	Higher
Naranja	3.7 mi	75.5% (±4.5 points)	Higher
Homestead Base	3.8 mi	100.0% (±21.6 points)	Higher
Princeton	5.9 mi	30.7% (±4.7 points)	Lower
Goulds	7.4 mi	43.9% (±8.4 points)	Not measurably different
South Miami Heights	9.2 mi	37.9% (±3.3 points)	Lower
Richmond West	9.9 mi	16.2% (±3.2 points)	Lower

Nearby places with a measurably lower figure: Princeton, FL (30.7%), South Miami Heights, FL (37.9%), Richmond West, FL (16.2%).

Nearby places with a measurably higher figure: Florida City, FL (68.8%), Naranja, FL (75.5%), Homestead Base, FL (100.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Miami-Dade County, place by place

Rank	Place	Households that rent
12 (tie)	North Miami	56.5% (±2.7 points)
14	Leisure City	56.4% (±5.2 points)
15	Fountainebleau	56.1% (±3.2 points)
16	Country Club	54.3% (±3.2 points)
17	Doral	53.5% (±2.8 points)
18	Hialeah	53.4% (±1.4 points)
19	Homestead	51.7% (±3.3 points)
20	Bay Harbor Islands	51.1% (±7.9 points)
21	West Miami	49.7% (±5.7 points)
22	North Miami Beach	47.8% (±3.8 points)
23	Biscayne Gardens	47.1% (±4.8 points)
24	Kendall West	46.4% (±3.6 points)
25	West Perrine	46.3% (±8.3 points)

Showing 13 of 70 places in Miami-Dade County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Homestead

How many renters are there in Homestead?

Homestead has an estimated 13,266 (±1,079) renting households, 51.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Homestead?

In Homestead, the share of households that rent went from 59.1% in 2015–2019 to 51.7% in 2020–2024 (−7.4 percentage points), a measurable decrease.

How big are renting households in Homestead?

A renting household in Homestead has 3.1 people on average, against 3.3 in an owned home.

How much do renters earn in Homestead?

The median renting household in Homestead, FL has an income of $48,503 (±$7,765) a year, against $86,275 for households that own their home.

Sources

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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.