Homestead, Florida Short-Term Rental Market
Homestead and the Miami-Dade County STR market posted $196 ADR, 51.3% occupancy and $2,834 monthly revenue in September 2026.
Quick Answer: Homestead, Florida is an active short-term rental market. average occupancy in the Miami market area is 51%. average monthly revenue in the Miami market area is $2,834. average daily rate in the Miami market area is $196. 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
This page covers short-term rental performance for Homestead, Florida, using the Miami-Dade County STR market as the reporting region. The same performance figures apply to Homestead and the other towns in the region, so every number below describes the county-level market rather than Homestead alone. Data runs through September 2026.
In September 2026 the average daily rate was $196 and occupancy was 51.3%. Average monthly revenue per listing came to $2,834. Compared with September 2025, occupancy rose 1.7%, ADR rose 10.2%, and revenue per listing slipped 0.9%, so the rate gains have not yet translated into higher revenue on a year-over-year basis.
Entire-home listings averaged $207 per night, above the all-listings average, while luxury listings reached $421 and professionally managed listings $218. Monthly revenue by property type was $3,367 for houses, $3,006 for entire places and $2,651 for apartments, which puts houses about $716 per month ahead of apartments.
The longer record shows how the market has moved. In 2017 it averaged 55.4% occupancy and a $148 ADR. Occupancy peaked at 67.0% in 2021. Year-to-date 2026 (nine months) shows 61.1% occupancy, a $266 ADR and $4,553 in average monthly revenue, against 61.7%, $240 and $4,161 for full-year 2025.
Bedroom, channel and listing-type counts and top operators are tracked at a shared regional level rather than uniquely for Homestead, so this profile omits them. Miami-Dade County drew 28.23 million visitors in 2024, a record high and 3.9% above 2023, which supplies the demand base behind these figures.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 62% |
| Feb | 71% |
| Mar | 71% |
| Apr | 58% |
| May | 59% |
| Jun | 58% |
| Jul | 61% |
| Aug | 56% |
| Sep | 52% |
| 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
Short-term rentals are permitted in the Miami-Dade area, but the rules are layered and enforcement is rated strict. The regulatory profile below covers the multi-jurisdiction Miami-Dade market. It does not give separate rules for the City of Homestead, so confirm local requirements with the city before buying or listing.
Permits: Operators need a Florida DBPR Vacation Rental License at the state level, plus a Miami-Dade County Certificate of Use, a County Business Tax Receipt, and municipal permits where applicable. The profile lists a permit cost of $420 with annual renewal. The state application fee is $50, and annual renewal for a single-unit dwelling is $170, expiring October 1. The occupancy tax is 12%, and operators must also register with the Florida Department of Revenue for sales and tourist tax. No annual night cap is listed, and neither owner-occupancy nor primary-residence status is required.
Zoning: In unincorporated Miami-Dade, rentals are permitted county-wide, but Estate and Low Density Residential zones require the responsible party to reside at the property more than 6 months per calendar year. Occupancy is capped at 2 persons per bedroom plus 2 additional, with a maximum of 12. County fines are $100 for a first violation, $1,000 for a second and $2,500 for a third or later within 24 months.
Elsewhere in the county the rules tighten. The City of Miami limits rentals to specific Miami 21 transect zones, and Miami Beach prohibits them in most residential districts. Florida’s 2024 session considered but did not pass a bill to standardize statewide rules.
Market Comparison
The Miami-Dade County STR market in September 2026 posted 51.3% occupancy and a $196 ADR. September is the seasonal low, so the snapshot understates the full year. Year-to-date 2026 shows 61.1% occupancy and a $266 ADR. The luxury tier earns $421 per night.
Growth is mixed. ADR is up 10.2% year over year and occupancy is up 1.7%, but revenue per listing is down 0.9%. The market is not a pure growth story. It is a rate-driven market with a pronounced seasonal dip.
The demand base is strong. Miami-Dade County welcomed 28.23 million visitors in 2024, 3.9% above 2023, with visitor spending of $22 billion. Of those visitors, 6.44 million were international and 12.97 million came from other US states.
Top operators are tracked at a shared regional level rather than uniquely for Homestead, so this profile omits them. Investors comparing Homestead with the other towns in this region should weigh purchase prices and local rules, since the performance figures are shared.
Frequently Asked Questions About Homestead, Florida
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What is the occupancy rate for short-term rentals in Homestead?
How much do short-term rentals earn per month in Homestead?
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Do I need a permit to run a short-term rental near Homestead?
How much does a home cost in Homestead for a short-term rental investment?
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