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 $1,596, a 4% increase compared to the previous year, when the average rent was $1,537. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Miami, FL.

Average Rent in Margate, FL

Last updated April 2021

Average Rent	Y-o-Y Change	Average Apartment Size
$1,596	4%	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

$701-$1,0001%
$1,001-$1,50039%
$1,501-$2,00053%
> $2,0007%

Margate, FL Occupied Housing Units

Renter-occupied Households41%
Owner-occupied Households58%

9,696 or 41% of the households in Margate, FL are renter-occupied while 13,610 or 58% are owner-occupied.

Margate, FL Rent Trends

Average Rent	Mar / 2018	Jul / 2018	Nov / 2018	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Nov / 2020	Apr / 2021
Margate, FL	$1,460	$1,465	$1,514	$1,498	$1,539	$1,540	$1,537	$1,543	$1,549	$1,596
National	$1,346	$1,355	$1,359	$1,356	$1,391	$1,398	$1,400	$1,390	$1,395	$1,407

Access comprehensive real estate data and information on Yardi Matrix

How Margate Compares to Other Cities

	Average Rent	Y-o-Y Change
Jacksonville	$1,173	5%
Miami	$1,754	2%
Kissimmee	$1,363	n/a
Tampa	$1,432	5%
Orlando	$1,432	n/a
Fort Lauderdale	$2,056	2%
West Palm Beach	$1,601	8%
Boca Raton	$2,127	2%
Hollywood	$1,484	1%
Hialeah	$1,429	3%
Margate	$1,596	4%

Fairways Of Carolina

$1,434 - $3,654

1-3 Beds
1-2 Baths
757 - 1,270 Sq.Ft.

Blue Isle Apartment Homes

$1,351 - $2,104

1-2 Beds
1-2 Baths
775 - 1,175 Sq.Ft.

1483 NW 65th Ave Margate, FL 33063

$2,495

3 Beds
2 Baths
1,475 Sq.Ft.

Coming Soon - 6600 Nw 23Rd St, Margate, FL, 33063

$2,150

3 Beds
2 Baths
1,865 Sq.Ft.

View more properties

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.