Last updated on July 30, 2026

Average rent in
Margate City, NJ

Key takeaways for renters

  • The bottom line

    Margate City, NJ rent rose 22.5% year over year, with a current median of $12,250/month. Renters today are paying $2,559 more per month on average than last year.

  • Vs. national rents

    Margate City rents are 534.7% more expensive than the $1,930/month national median, placing it among the priciest markets in the country with a total of 138 rentals available.

  • Price ranges

    Studios in Margate City rent for about $11,000/month, 1-bedrooms around $5,500/month, 2-bedrooms $6,500/month, 3-bedrooms $15,000/month, and 4+ bedrooms $20,000/month. The bedroom tiers show a wide range of rental prices across the city.

Median rent

Median rent in Margate City

$12,250/mo

increased by23%

vs previous year

The average rent in Margate City is $12,250 per month as of July 2026. This is 535% above the national average rent, or $10,320 more per month.

$76.22

average price per square foot

Total rentals

Available rentals in Margate City

138

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Margate City rentals at each price point

70%53%35%18%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 20% over the last month and have increased by 23% 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 $7,000, whereas a house costs $17,000. 1-bedroom apartments in Margate City run $5,500 on average, while 2-bedroom apartments are $7,250.

Listings

Studio

$11,000

25%

70%

1 bedroom

$5,500

14%

15%

2 bedroom

$6,500

10%

6%

3 bedroom

$15,000

20%

35%

4 bedroom

$20,000

5%

17%

Studio

Average rent

$11,000

Last 30 days

25%

Last year

70%

1 bedroom

Average rent

$5,500

Last 30 days

14%

Last year

15%

2 bedroom

Average rent

$6,500

Last 30 days

10%

Last year

6%

3 bedroom

Average rent

$15,000

Last 30 days

20%

Last year

35%

4 bedroom

Average rent

$20,000

Last 30 days

5%

Last year

17%

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$12,250
increased by535%

higher than the national median

Median rent price$2,200
increased by14%

higher than the national median

Takeaway

The median rent for all rentals in Margate City, NJ is 457% higher than the median rent in Absecon, NJ.

Discover rentals in Margate City, NJ

9510 Amherst Ave - Photo 1 of 1

4d ago

Condo for rent in Margate City

SINGLE_FAMILY - Margate, NJ

9510 Amherst Ave, Margate City, NJ 08402

1 bed

1 bath

$1,200

Condo for rent

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

9411 Monmouth Ave #3 - Photo 1 of 1

4d ago

Condo for rent in Margate City

SINGLE_FAMILY - Margate, NJ

9411 Monmouth Ave #3, Margate City, NJ 08402

1 bed

1 bath

$1,250

Condo for rent

9400 Atlantic Ave #912 - Photo 1 of 1

5d+ 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

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 $12,250 per month as of July 25, 2026.

Is rent up or down in Margate City?

Average rent prices in Margate City have decreased by 20% over the last month and have increased by 23% since last year.

How does Margate City rent compare to the national average?

Rent in Margate City is 535% above the national average, which means renters are paying approximately $10,320 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 $490,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Margate City?

Based on our current listings data, Margate City has a median rent of approximately $14,320 per month. However, specific neighborhood breakdowns aren't available to identify the most budget-friendly areas within the city.

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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