Metropolitan Coral Springs
9000 Ramblewood Dr,
Coral Springs, FL 33071
1-3 Beds | $2,183 - $3,565
Rental Market Trends in Margate, FL
What is the average rent in Margate, FL?
$1,835/month
Average Rent
769 Sq Ft
Average Apartment Size
-3.9%
Decrease in the Last Year
As of March 2025, the average rent in Margate, FL is $1,835 per month. This is 18% higher than the national average rent price of $1,560/month, making Margate one of the most expensive cities in the US. When you rent an apartment in Margate, you can expect to pay about $1,277 per month for a studio, $1,835 for a one-bedroom apartment, and around $2,253 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,874 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Margate, FL?
In the past year, rent has decreased by 3.9%, which averages out to $70 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in Margate, FL
Last Updated March 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
21%
$1,001 - $1,500/month
36%
$1,501 - $2,000/month
43%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Margate?
Based on current rent prices, North Margate, Royal Palm Gardens and Margate Gardens are the most affordable neighborhoods in Margate.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Margate?
Based on current rent prices, Holiday Springs, Oriole Gardens and Margate Gardens are the most expensive neighborhoods in Margate.
Neighborhood
Average Rent
Average Sq Ft
Which Margate neighborhoods have the most rentals available?
The neighborhoods in Margate with the most apartments available are Holiday Springs, North Margate and Oriole Gardens .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Margate, FL?
Because the average rent in Margate is $1,835, you’ll want to make about $6,116 per month or $73,392 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Margate, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Margate, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
-
$1,924/month
Two Bedroom
-
$2,331/month
Three Bedroom
-
$2,395/month
Nearby City Rent Trends
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Property Management Companies in Margate, FL
Greystar
-
3,221
Communities
-
893,679
Units
-
827
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3 Communities in Margate
ZRS Management
-
297
Communities
-
88,410
Units
-
119
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3 Communities in Margate
Willow Bridge
-
699
Communities
-
188,863
Units
-
315
Cities
1 Community in Margate
Hawthorne Residential Partners
-
262
Communities
-
63,061
Units
-
120
Cities
1 Community in Margate
Windsor Communities
-
119
Communities
-
39,432
Units
-
66
Cities
1 Community in Margate
American Landmark
-
101
Communities
-
31,582
Units
-
56
Cities
1 Community in Margate
Northland
-
80
Communities
-
24,847
Units
-
43
Cities
1 Community in Margate
The Bainbridge Companies
-
52
Communities
-
16,874
Units
-
35
Cities
1 Community in Margate
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.