Last updated on June 3, 2026

Average rent in
Margate, FL

Key takeaways for renters

  • Where Margate rent stands today

    Margate, FL rent rose 5.8% year over year to a current median of $1,900/month. Renters are paying $259 more per month on average than last year, with rent near but still below the peak of $2,100/month seen in late 2024.

  • Margate sits 2.6% more affordable than the $1,950/month national median, with a modest total rental inventory of 169 units. This positions Margate as a moderately priced market within the broader national rental landscape.

  • Price ranges

    Studios in Margate run at a median of $2,048/month, 1-bedrooms at $1,500/month, and 2-bedrooms at $1,900/month. Houses command a higher median rent of $2,900/month compared to apartments at $1,872/month, reflecting distinct price tiers for different property types.

  • Neighborhood spotlight

    Holiday Springs rents fell 33.1% year over year to $1,965/month across 23 rentals, marking a notable local cooldown compared to the citywide 5.8% rent increase. Coral Bay and North Margate also saw declines exceeding 20%, contrasting with Margate's overall rising rent trend.

Median rent

Median rent in Margate

$1,900/mo

increased by6%

vs previous year

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

$1.69

average price per square foot

Total rentals

Available rentals in Margate

169

for rent on Zumper.com as of May 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 remained the same over the last month and have increased by 6% 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 $1,872, whereas a house costs $2,900. 1-bedroom apartments in Margate run $1,500 on average, while 2-bedroom apartments are $1,950.

Listings

Studio

$2,047

1%

41%

1 bedroom

$1,500

1%

3%

2 bedroom

$1,900

1%

6%

3 bedroom

$3,200

3%

3%

4 bedroom

$4,100

1%

6%

Studio

Average rent

$2,047

Last 30 days

1%

Last year

41%

1 bedroom

Average rent

$1,500

Last 30 days

1%

Last year

3%

2 bedroom

Average rent

$1,900

Last 30 days

1%

Last year

6%

3 bedroom

Average rent

$3,200

Last 30 days

3%

Last year

3%

4 bedroom

Average rent

$4,100

Last 30 days

1%

Last year

6%

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$2,700
increased by38%

higher than the national median

Takeaway

The median rent for all rentals in Margate, FL is 30% lower than the median rent in Boynton Beach, FL.

Discover rentals in Margate, FL

1521 Nw 80th Ave #D - Photo 1 of 1

5d+ ago

Townhouse for rent in Margate

Townhouse - Margate, FL

1521 Nw 80th Ave #D, Margate, FL 33063

4 beds

2.5 baths

$1,250

House for rent

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

5d+ ago

Condo for rent in Margate

Condominium - 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

7205 W Atlantic Blvd #101 - Photo 1 of 1
Age restricted

5d+ ago

Oriole Gardens condo for rent in Margate

CONDOS - Margate, FL

7205 W Atlantic Blvd #101, Margate, FL 33063

2 beds

2 baths

$1,500

Condo for rent

Stay up to date with rental market insights

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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 May 30, 2026.

Is rent up or down in Margate?

Average rent prices in Margate have remained the same over the last month and have increased by 6% 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 ($1,710/mo), and Margate Gardens ($1,885/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?

Margate's 2025 rental market shows 1-bedroom apartments averaging around $1,500 per month, while 2-bedroom units average around $1,900 monthly. These figures represent the current market conditions across all property types in 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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