Last updated on June 15, 2026

Average rent in
Margate City, NJ

Key takeaways for renters

  • The bottom line

    Margate City, NJ rent rose 10.0% year over year to a current median of $16,500/month. Despite this yearly increase, rent has cooled 16.7% month over month from a recent peak three months ago at $20,000/month.

  • Vs. national rents

    Margate City rent is 746.1% more expensive than the national median of $1,950/month. This positions Margate City among the priciest rental markets relative to the national landscape.

  • Rent ranges by bedroom

    Studios in Margate City rent for $4,000/month, 1-bedrooms for $8,500/month, 2-bedrooms for $7,500/month, 3-bedrooms for $19,000/month, and 4+ bedrooms for $20,000/month. The 1-bedroom segment rose 15.7% year over year while studios fell 30.4% and 2-bedrooms fell 30.2%.

  • Neighborhood spotlight

    The 3-bedroom segment in Margate City rose 20.6% year over year, diverging from the citywide increase of 10.0%. This difference shows variation within the market despite the overall citywide rent rise.

Median rent

Median rent in Margate City

$16,500/mo

increased by10%

vs previous year

The average rent in Margate City is $16,500 per month as of June 2026. This is 746% above the national average rent, or $14,550 more per month.

$87.86

average price per square foot

Total rentals

Available rentals in Margate City

109

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Margate City rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Margate City, NJ

Average rent prices in Margate City have decreased by 17% over the last month and have increased by 10% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Margate City, NJ

Rent prices in Margate City vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Margate City is $13,750, whereas a house costs $18,500. 1-bedroom apartments in Margate City run $7,000 on average, while 2-bedroom apartments are $12,000.

Listings

Studio

$4,000

38%

28%

1 bedroom

$8,500

1%

32%

2 bedroom

$7,500

9%

10%

3 bedroom

$19,000

2%

33%

4 bedroom

$20,000

10%

7%

Studio

Average rent

$4,000

Last 30 days

38%

Last year

28%

1 bedroom

Average rent

$8,500

Last 30 days

1%

Last year

32%

2 bedroom

Average rent

$7,500

Last 30 days

9%

Last year

10%

3 bedroom

Average rent

$19,000

Last 30 days

2%

Last year

33%

4 bedroom

Average rent

$20,000

Last 30 days

10%

Last year

7%

The table above reflects average rent prices in Margate City, NJ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Margate City, NJ compare to other cities?

Compare median rent prices in Margate City and Absecon by all bedroom counts and property types.

Margate City

Median rent price$16,500
increased by746%

higher than the national median

Median rent price$9,000
increased by362%

higher than the national median

Takeaway

The median rent for all rentals in Margate City, NJ is 83% higher than the median rent in Absecon, NJ.

Discover rentals in Margate City, NJ

9400 Atlantic Ave #312 - Photo 1 of 1

5d+ ago

Condo for rent in Margate City

CONDOS - Margate, NJ

9400 Atlantic Ave #312, Margate City, NJ 08402

Studio

1 bath

$1,200

Condo for rent

9505 Ventnor Ave #1 - Photo 1 of 1

5d+ ago

Condo for rent in Margate City

CONDOS - Margate, NJ

9505 Ventnor Ave #1, Margate City, NJ 08402

Studio

1 bath

$1,200

Condo for rent

9400 Atlantic Ave #912 - Photo 1 of 1

4d ago

Condo for rent in Margate City

CONDOS - Margate, NJ

9400 Atlantic Ave #912, Margate City, NJ 08402

Studio

1 bath

$1,300

Condo for rent

9506 Ventnor Ave #12 - Photo 1 of 1

5d+ ago

Condo for rent in Margate City

CONDOS - Margate, NJ

9506 Ventnor Ave #12, Margate City, NJ 08402

2 beds

1 bath

$1,300

Condo for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Margate City, NJ

Quick answers to common questions about the Margate City rental market.

How much is rent in Margate City?

The average rent in Margate City is $16,500 per month as of June 13, 2026.

Is rent up or down in Margate City?

Average rent prices in Margate City have decreased by 17% over the last month and have increased by 10% since last year.

How does Margate City rent compare to the national average?

Rent in Margate City is 746% above the national average, which means renters are paying approximately $14,550 more per month.

What salary do I need to afford rent in Margate City?

To comfortably afford rent in Margate City, you'd need to earn approximately $660,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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