The Waterfront Apartments and Townhomes
611 E Waterfront Dr,
Munhall, PA 15120
1-3 Beds | $1,385 - $4,601
Rental Market Trends in Homestead, PA
What is the average rent in Homestead, PA?
$1,207/month
Average Rent
648 Sq Ft
Average Apartment Size
-0.3%
Decrease in the Last Year
As of January 2025, the average rent in Homestead, PA is $1,207 per month. This is 22% lower than the national average rent of $1,554/month, making renting in Homestead more affordable than most cities in the US. When you rent an apartment in Homestead, you can expect to pay about $1,287 per month for a studio, $1,207 for a one-bedroom apartment, and around $1,158 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $950 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Homestead, PA?
In the past year, rent has decreased by 0.3%, which averages out to $3 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Homestead, PA
Last Updated January 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
25%
$700 - $1,000/month
50%
$1,001 - $1,500/month
25%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Homestead?
Based on current rent prices, West Homestead is the most affordable neighborhood in Homestead.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Homestead?
Based on current rent prices, West Homestead is the most expensive neighborhood in Homestead.
Neighborhood
Average Rent
Average Sq Ft
Which Homestead neighborhoods have the most rentals available?
The neighborhood in Homestead with the most apartments available is West Homestead .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Homestead, PA?
Because the average rent in Homestead is $1,207, you’ll want to make about $4,023 per month or $48,276 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Homestead, PA compare to other nearby cities and neighborhoods?
Use the tool below to compare Homestead, PA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.