Metropolitan Coral Springs
9000 Ramblewood Dr,
Coral Springs, FL 33071
1-3 Beds | $2,027 - $3,863
Rental Market Trends in Margate, FL
What is the average rent in Margate, FL?
$1,861/month
Average Rent
769 Sq Ft
Average Apartment Size
+1.6%
Increase in the Last Year
As of December 2024, the average rent in Margate, FL is $1,861 per month. This is 19% 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 $1,282 per month for a studio, $1,861 for a one-bedroom apartment, and around $2,224 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,749 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 increased by 1.6%, which averages out to $31 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Margate, FL
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
29%
$1,001 - $1,500/month
29%
$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, Oriole Gardens, Margate Gardens and North Margate 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, Royal Palm Gardens and North Margate 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 Margate 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 $1,861, you’ll want to make about $6,203 per month or $74,436 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
-
$1,845/month
Two Bedroom
-
$2,230/month
Three Bedroom
-
$2,672/month
Nearby City Rent Trends
Apartment communities in Margate we think you'll love
Property Management Companies in Margate, FL
Greystar
-
3,191
Communities
-
884,840
Units
-
829
Cities
3 Communities in Margate
ZRS Management
-
277
Communities
-
82,212
Units
-
114
Cities
3 Communities in Margate
Willow Bridge
-
679
Communities
-
185,890
Units
-
310
Cities
1 Community in Margate
AvalonBay
-
185
Communities
-
65,758
Units
-
124
Cities
1 Community in Margate
Hawthorne Residential Partners
-
255
Communities
-
61,944
Units
-
116
Cities
1 Community in Margate
Windsor Communities
-
140
Communities
-
44,447
Units
-
74
Cities
1 Community in Margate
American Landmark
-
103
Communities
-
32,199
Units
-
57
Cities
1 Community in Margate
Northland
-
77
Communities
-
23,929
Units
-
43
Cities
1 Community in Margate
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Methodology
† 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.
* Percentages may not total 100 due to rounding.