Last updated on October 17, 2026

Average rent in
Margate, FL

Key takeaways for renters

  • Where Margate rent stands today

    Margate, FL rent is essentially flat year over year, with a current median of $1,995/month. Renters are paying about the same as last year, with a negligible $1 difference per month on average.

  • Margate runs 5.0% more expensive than the $1,900/month national median, placing it slightly above average in cost among metros with 164 total rentals.

  • Rent ranges by bedroom

    Studios in Margate rent for $6,000/month, 1-bedrooms for $1,500/month, and 2-bedrooms for $1,900/month. Larger units like 3-bedrooms and 4+ bedrooms reach $3,280/month and $3,900/month respectively, offering a broad spectrum of price points for renters.

Median rent

Median rent in Margate

$1,995/mo

Flat

vs previous year

The average rent in Margate is $1,995 per month as of October 2026. This is 5% above the national average rent, or $95 more per month.

$1.50

average price per square foot

Total rentals

Available rentals in Margate

164

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Margate rentals at each price point

60%45%30%15%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Margate, FL

Average rent prices in Margate have remained the same over the last month and have remained the same 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, FL

Rent prices in Margate vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Margate is $1,900, whereas a house costs $3,200. 1-bedroom apartments in Margate run $1,611 on average, while 2-bedroom apartments are $1,895.

Listings

Studio

$6,000

25%

295%

1 bedroom

$1,500

1%

1%

2 bedroom

$1,900

No Change

2%

3 bedroom

$3,280

4%

4%

4 bedroom

$3,900

1%

4%

Studio

Average rent

$6,000

Last 30 days

25%

Last year

295%

1 bedroom

Average rent

$1,500

Last 30 days

1%

Last year

1%

2 bedroom

Average rent

$1,900

Last 30 days

No Change

Last year

2%

3 bedroom

Average rent

$3,280

Last 30 days

4%

Last year

4%

4 bedroom

Average rent

$3,900

Last 30 days

1%

Last year

4%

The table above reflects average rent prices in Margate, FL, 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, FL compare to other cities?

Compare median rent prices in Margate and Boynton Beach by all bedroom counts and property types.

Margate

Median rent price$1,995
increased by5%

higher than the national median

Median rent price$2,799
increased by47%

higher than the national median

Takeaway

The median rent for all rentals in Margate, FL is 29% lower than the median rent in Boynton Beach, FL.

Discover rentals in Margate, FL

7897 Golf Circle Dr #303 - Photo 1 of 1

5d+ ago

Condo for rent in Margate

Residential Lease, Margate, FL

7897 Golf Circle Dr #303, Margate, FL 33063

2 beds

2 baths

$1,400

601 S State Road 7 #2H - Photo 1 of 1
Age restricted

5d+ ago

Condo for rent in Margate

Residential Lease, Margate, FL

601 S State Road 7 #2H, Margate, FL 33068

2 beds

2 baths

$1,500

7797 Golf Circle Dr #102 - Photo 1 of 1
Age restricted

5d+ ago

Condo for rent in Margate

Residential Lease, Margate, FL

7797 Golf Circle Dr #102, Margate, FL 33063

2 beds

2 baths

$1,500

7837 Golf Circle Dr #310 - Photo 1 of 1
Age restricted

5d+ ago

Condo for rent in Margate

Residential Lease, Margate, FL

7837 Golf Circle Dr #310, Margate, FL 33063

2 beds

2 baths

$1,500

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, FL

Quick answers to common questions about the Margate rental market.

How much is rent in Margate?

The average rent in Margate is $1,995 per month as of October 10, 2026.

Is rent up or down in Margate?

Average rent prices in Margate have remained the same over the last month and have remained the same since last year.

How does Margate rent compare to the national average?

Rent in Margate is 5% above the national average, which means renters are paying approximately $95 more per month.

Which neighborhoods are most affordable in Margate?

The most affordable neighborhoods in Margate are Royal Palm Gardens ($1,600/mo), Oriole Gardens ($1,750/mo), and Holiday Springs ($2,122/mo).

What salary do I need to afford rent in Margate?

To comfortably afford rent in Margate, you'd need to earn approximately $80,000/year, based on spending no more than 30% of your income on rent.

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

December offers the best rental deals in Margate, with the lowest rents of the year and the least competition from other renters, while January sees the highest prices with roughly an 8% difference between peak and off-peak months.

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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