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Updated

Average Rent in Margate, FL

3 apartment buildings, 55 units. Real asking prices, refreshed daily.

Avg Rent

$2,388/mo

market average

Cheapest

$1,935/mo

Pinebrook Pointe

Properties

3

tracked daily

Units

55

available now

Margate, FL Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 3 properties in Margate, FL.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Margate, FL Rent Prices

All 3 properties ranked by lowest available rent.

Explore Each Property

Margate, FL Average Rent Prices 2026

The average rent in Margate, FL is $2,388 per month, based on 55 units across 3 apartment communities. Prices range from $1,935 at Pinebrook Pointe to $2,215 at Celebration Pointe.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
1 Bed $2,194/mo $1,935/mo 16
2 Bed $2,361/mo $2,215/mo 30
3 Bed $2,823/mo $2,720/mo 9

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in Margate, FL, and what they pay

Tracked one-bedroom rent in Margate, FL averages $2,194/mo, with two-bedroom units averaging $2,361/mo. At the local median household income of $60,852, that works out to 47% of gross income, a severely rent-burdened market by HUD standards.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Margate, FL at $1,662/mo. The current tracked market average runs 44% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Margate, FL while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Margate, FL?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$96,000/year

Based on the 30 percent rule, using our tracked average rent of $2,388/mo.

Comfortable income

$115,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,935/mo), you need to earn at least $77,000/year.

Median household income in Margate, FL is $60,852 , about 47% below the comfortable-living threshold.

Cost of living in Margate, FL

Overall prices in Margate, FL runs above the national average by about 12% (BEA Regional Price Parity index 112.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Margate, FL's regional price parities.

Category Monthly estimate
Rent (market average) $2,388
Utilities $673
Groceries $550
Transportation $1,605
Healthcare $783
Other goods and services $1,253
Estimated total $7,253/mo

Population

58,418

Median household income

$60,852

Census median rent

$1,662/mo

Rent as % of income

42.2%

Median age

45.7

Mean commute

29 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in Florida

How Margate, FL rent compares to other markets in the state.

City Avg Rent vs Margate, FL Properties
Miami, FL $3,306 +38% 28
Tampa, FL $2,897 +21% 22
Orlando, FL $2,077 -13% 22
Jacksonville, FL $1,659 -31% 21
Fort Lauderdale, FL $3,309 +39% 15
Kissimmee, FL $2,053 -14% 14

Frequently asked questions

What is the average rent in Margate, FL?

The average rent in Margate, FL is $2,388 per month, based on 55 units across 3 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Margate, FL?

The lowest available rent in Margate, FL starts at $1,935 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Margate, FL?

1-bedroom apartments in Margate, FL average $2,194/mo. The lowest listed 1-bedroom starts at $1,935/mo across 16 units tracked.

How much is a 2-bedroom apartment in Margate, FL?

2-bedroom apartments in Margate, FL average $2,361/mo. Units start from $2,215/mo across 30 units currently listed.

Rent Trends in Margate, FL

Track how apartment prices are changing over time.

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