Is Homestead, FL a good place to invest in rental property?

Homestead, FL has a median modeled monthly cash flow of $-1,006 and a median cap rate of 3.5%, on a median sold price of $400,000. Prices changed -1.4% year over year.

What is the average cap rate in Homestead, FL?

The median cap rate across recently sold homes in Homestead, FL is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Homestead, FL?

The median sold price in Homestead, FL is $400,000 (about $248 per square foot).

Investing in Homestead, FL Real Estate

A data-driven snapshot of the Homestead, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$400,000Median sold price

$248Median $/sqft

3.5%Median cap rate

$-1,006Modeled cash flow / mo

-1.4%Appreciation YoY

175.8Months of supply

1,304Active listings

89Sold (last 12 mo)

What the Homestead numbers say

In Homestead, FL, the median home sold for $400,000 (about $248 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-1,006 of monthly cash flow. Sold prices moved -1.4% over the past year. Inventory sits at about 175.8 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Homestead cash-flowing listings

CashFlowRE ranks every for-sale home in Homestead, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Homestead deals, or browse the national market data.