Is rehoming my dog a good decision?

I’ve had my dog for 3 years and got him when he was 8 weeks old. I love him more than anything, but recently my life has completely fallen apart. I moved into an apartment a year ago and I try to take my dog out frequently, but I work full time and broke up with my partner a couple months ago so he doesn’t get that much attention anymore. I feel horrible. I bought him an automatic feeder and a big water bowl so he won’t be hungry or thirsty when i’m gone. I’ve fallen into a deep depression and having to deal with my dog just makes it worse. I’d be giving him to a family friend that lives on a farm not too far from me, and i’m thinking i can go visit him sometimes and maybe even take him back once i get my life together and maybe a house with a yard for him. I’m crying my eyes out just thinking about it. Is this the right decision? I want him to have a good life and i just can’t give that to him right now. He’ll have so much more room on the farm and he will be with his dog mom. I feel like a terrible person. I just want him to be happy.