Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Margate, FL Rental Market Trends
What is the average rent in Margate?
The average rent for an apartment in Margate is $2,077. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Margate, FL
Last updated June 2022
| Average Rent | Average Apartment Size |
|---|---|
| $2,077 | 988 sq. ft. |
What is the average apartment size in Margate?
The average size for a Margate, FL apartment is 988 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Margate, FL Apartment Rent Ranges
Margate, FL Occupied Housing Units
10,001 or 40% of the households in Margate, FL are renter-occupied while 14,576 or 59% are owner-occupied.
Margate, FL Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Jun / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Margate, FL | $1,498 | $1,539 | $1,540 | $1,537 | $1,543 | $1,549 | $1,596 | $1,716 | $1,982 | $2,077 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Margate Compares to Other Cities
| City | Average Rent |
|---|---|
| Jacksonville | $1,453 |
| Kissimmee | $1,700 |
| Orlando | $1,820 |
| Tampa | $1,834 |
| Cape Coral | $1,944 |
| Miami | $2,132 |
| Lakeland | $1,395 |
| St. Petersburg | $1,861 |
| Gainesville | $1,508 |
| West Palm Beach | $2,141 |
| Fort Lauderdale | $2,582 |
| Boca Raton | $2,838 |
| Pompano Beach | $1,990 |
| Plantation | $2,096 |
| Miami Beach | $2,625 |
| Boynton Beach | $2,283 |
| Hialeah | $1,660 |
| Miami Gardens | $1,712 |
| Coconut Creek | $2,302 |
| Deerfield Beach | $2,020 |
| Margate | $2,077 |
Most Popular Apartments in Margate
Fairways Of Carolina
2701 N Rock Island Rd, Margate, FL 33063- 1 BED
- 2 BEDS
- 3 BEDS
- $2,043+
- $2,355+
- $2,983+
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Margate apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.