Last updated on July 18, 2026

Average rent in
Margate, FL

Key takeaways for renters

  • The bottom line

    Margate, FL rent slipped 2.6% year over year, with a current median of $1,900/month. Renters today are paying $68 less per month on average than last year, despite a modest 0.7% month-over-month increase.

  • Margate is 2.6% more affordable than the $1,950/month national median, with 177 total rentals offering a relatively small but varied market for renters.

  • Rent ranges by bedroom

    Studios in Margate rent for $2,200/month, 1-bedrooms for $1,500/month, and 2-bedrooms for $1,898/month, with 3-bedrooms at $3,200/month and 4+ bedrooms at $3,900/month. These figures show the range renters can expect by bedroom size.

  • Neighborhood spotlight

    The Studio bedroom segment in Margate rose 51.7% year over year, contrasting with the overall citywide rent decline. This sharp increase signals a distinct trend in smaller unit demand.

Median rent

Median rent in Margate

$1,900/mo

decreased by3%

vs previous year

The average rent in Margate is $1,900 per month as of July 2026. This is 3% below the national average rent, or $50 less per month.

$1.32

average price per square foot

Total rentals

Available rentals in Margate

177

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Margate rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Margate, FL

Average rent prices in Margate have increased by 1% over the last month and have decreased by 3% 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 $1,895, whereas a house costs $3,100. 1-bedroom apartments in Margate run $1,500 on average, while 2-bedroom apartments are $1,895.

Listings

Studio

$2,200

27%

51%

1 bedroom

$1,500

No Change

5%

2 bedroom

$1,897

No Change

2%

3 bedroom

$3,200

3%

5%

4 bedroom

$3,900

2%

9%

Studio

Average rent

$2,200

Last 30 days

27%

Last year

51%

1 bedroom

Average rent

$1,500

Last 30 days

No Change

Last year

5%

2 bedroom

Average rent

$1,897

Last 30 days

No Change

Last year

2%

3 bedroom

Average rent

$3,200

Last 30 days

3%

Last year

5%

4 bedroom

Average rent

$3,900

Last 30 days

2%

Last year

9%

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$1,900
decreased by3%

lower than the national median

Median rent price$2,750
increased by41%

higher than the national median

Takeaway

The median rent for all rentals in Margate, FL is 31% lower than the median rent in Boynton Beach, FL.

Discover rentals in Margate, FL

7897 Golf Circle Dr #306 - Photo 1 of 1

5d+ ago

Condo for rent in Margate

CONDOS - Margate, FL

7897 Golf Circle Dr #306, Margate, FL 33063

2 beds

1 bath

$1,349

Condo for rent

1030 Country Club Dr #309 - Photo 1 of 1
Age restricted

5d+ ago

Condo for rent in Margate

CONDOS - Margate, FL

1030 Country Club Dr #309, Margate, FL 33063

2 beds

2 baths

$1,450

Condo for rent

1035 Country Club Dr #407 - Photo 1 of 1
Age restricted

5d+ ago

Condo for rent in Margate

CONDOS - Margate, FL

1035 Country Club Dr #407, Margate, FL 33063

2 beds

2 baths

$1,499

Condo for rent

1550 Nw 80th Ave - Photo 1 of 1

5d+ ago

Condo for rent in Margate

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, FL

Quick answers to common questions about the Margate rental market.

How much is rent in Margate?

The average rent in Margate is $1,900 per month as of July 11, 2026.

Is rent up or down in Margate?

Average rent prices in Margate have increased by 1% over the last month and have decreased by 3% since last year.

How does Margate rent compare to the national average?

Rent in Margate is 3% below the national average, which means renters are paying approximately $50 less per month.

Which neighborhoods are most affordable in Margate?

The most affordable neighborhoods in Margate are Royal Palm Gardens ($1,500/mo), Oriole Gardens ($1,760/mo), and Margate Gardens ($1,900/mo).

What salary do I need to afford rent in Margate?

To comfortably afford rent in Margate, you'd need to earn approximately $76,000/year, based on spending no more than 30% of your income on rent.

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

Based on Zumper's July 2026 data, one-bedroom apartments in Margate average around $1,530/month and two-bedrooms approximately $1,880/month.

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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