Homestead, Florida Short-Term Rental Market
Homestead/Miami-Dade STRs averaged $282/night at 60.8% occupancy in April 2026 across a market of 31,000+ active listings.
Quick Answer: Homestead, Florida is an active short-term rental market. average occupancy in the Miami market area is 59%. average monthly revenue in the Miami market area is $4,239. average daily rate in the Miami market area is $275. the top operator in the Miami market area is Wehost with 505 listings. market score is 55/100 (grade C).
Market data reflects the Miami regional market, which includes Homestead. Regulations, taxes, and permit details below are specific to Homestead.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
The Homestead area is part of the Miami-Dade County STR market, one of the largest and most active short-term rental markets in the United States. Miami-Dade drew 28.23 million visitors in 2024, a record, generating $22 billion in visitor spending. The STR market reflects that scale: approximately 31,131 active listings, comprising 27,301 entire-place units (87.7% of supply), 3,434 private rooms, and 396 shared rooms.
In April 2026, the market posted a $282 average daily rate and 60.8% occupancy, generating $171.67 in RevPAR. Average monthly revenue per active listing was $4,881. Year-over-year, occupancy was up 0.8%, ADR gained 1.6%, and revenue grew 4.2%. By bedroom count, 1-bedroom listings dominate at 18,152 units, followed by 2-bedrooms (6,913), 3-bedrooms (3,058), 4-bedrooms (1,635), and 5-bedrooms (1,228). Platform distribution shows 18,560 Airbnb-only listings, 1,877 VRBO-only, and 10,694 on both channels. The market’s rental demand score of 76.0 and total market score of 55.1 reflect the competitive, high-volume nature of this market.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 62% |
| Feb | 71% |
| Mar | 71% |
| Apr | 58% |
| May | 59% |
| Jun | 58% |
| Jul | 62% |
| Aug | 56% |
| Sep | 53% |
| Oct | 57% |
| Nov | 58% |
| Dec | 64% |
Month-by-month nightly rates and revenue figures for Homestead are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Miami market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Miami market as a whole, which includes Homestead, so these counts are not Homestead-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Wehost | 505 | 6,443 | ★ 4.30 |
| 2 | Nomada Residences | 363 | 9,346 | ★ 4.75 |
| 3 | Miami Vacation Rentals | 353 | 19,593 | ★ 4.75 |
| 4 | Roami | 345 | 9,005 | ★ 4.59 |
| 5 | Stay Sol | 224 | 1,837 | ★ 4.19 |
What Kind of STR Should I Buy in Homestead?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Homestead are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 59.6% |
| vrbo | 6% |
| both | 34.4% |
Home Value Trends (Homestead)
Typical home values, median sale prices, and the 10-year price trend for Homestead are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Homestead — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Miami-Dade is one of the most complex STR regulatory environments in the United States, with rules varying by municipality. Operators must satisfy multiple layers of permitting regardless of location.
At the state level, a Florida DBPR Vacation Rental License is required for all rentals under 6 months (approximately $220 first year). Miami-Dade County (unincorporated areas) adds a Certificate of Use ($254.70 combined application and inspection fee) and a Business Tax Receipt, renewed annually. Occupancy in unincorporated Miami-Dade is capped at 2 persons per bedroom plus 2 additional, maximum 12. In Estate and Low Density Residential zones, the responsible party must reside at the property more than 6 months per calendar year.
In the City of Miami, STRs are restricted to Miami 21 transect zones that allow lodging use (primarily T5, T6, and commercial zones); single-family homes in low-density residential zones cannot legally operate short-term. Miami Beach is the most restrictive: STRs are banned in single-family residential districts and most multi-family zones, permitted only in the Entertainment District, North Beach Town Center, and specific high-density residential and condo-hotel zones.
The occupancy tax rate is 12%, applied in addition to other applicable state and local taxes. Total combined permit costs have been estimated at approximately $420/year for a compliant operator. Enforcement severity is classified as strict. Investors must identify the specific municipality and zoning district of a target property before assuming STR eligibility.
Market Comparison
Against U.S. STR benchmarks (approximately 55% median occupancy, approximately $220 median ADR), Miami-Dade’s April 2026 reading of 60.8% occupancy and $282 ADR both exceed national medians, with RevPAR of $171.67 substantially above a typical market. The 2025 annual average occupancy of 61.7% confirms consistently above-median utilization.
On the operator side, this is a professionally managed market at scale. Wehost leads with 505 listings and a 4.30 average rating (6,443 reviews). Nomada Residences follows with 363 listings and a 4.75 rating (9,346 reviews). Miami Vacation Rentals holds 353 listings at a 4.75 rating (19,593 reviews), the highest review count in the top tier. Roami has 345 listings at a 4.59 rating (9,005 reviews). The top five operators combined manage roughly 1,790 listings, about 5.8% of total supply, in a market where professional management is a competitive expectation rather than a differentiator at the top end.
Frequently Asked Questions About Homestead, Florida
What is the average daily rate for STRs in the Homestead/Miami-Dade area?
What occupancy rates do Miami-Dade short-term rentals achieve?
How much monthly revenue can a short-term rental in Miami-Dade generate?
Are short-term rentals legal in Homestead/Miami-Dade, FL?
What taxes apply to Miami-Dade short-term rentals?
What is the best season for Miami-Dade STR revenue?
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