Average Rent in 33063, Margate, FL

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Current Versus Historical 33063, Margate, FL Rents

33063 rentals average $1,575 for a 1-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,150, or roughly $2 per square feet.
For the apartment units and housing in July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $3,686 (-99.39%) year-over-year from $3,708 to $23. 1-bedroom rentals prices have increased by $30 (1.85%) year-over-year from $1,620 to $1,650. 2-bedroom rentals prices have increased by $142 (7.23%) year-over-year from $1,958 to $2,100. 3-bedroom rentals prices have increased by $217 (7.14%) year-over-year from $3,033 to $3,250. 4-bedroom rentals prices have decreased by $187 (-4.68%) year-over-year from $3,987 to $3,800. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 95.25% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 2.19% this month. 3-bedroom rents have gone up by 3.17% this month. 4-bedroom rents have gone down by 0.44% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.17 $1,650 $1,620 (1.85%) $1,292 (27.74%)
2 BR $2.02 $2,100 $1,958 (7.23%) $1,608 (30.57%)
3 BR $2.39 $3,250 $3,033 (7.14%) $2,508 (29.57%)

Historical Rents in 33063, Margate, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33063

There are a total of 4 cities nearby 33063. The average rent in 33063 is currently $2,100 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Lauderhill, FL, with an average rent of $1,913, is the most affordable city nearby. In contrast, the most expensive city near 33063, Margate, FL is Oakland Park, FL. Monthly rents here are on average $2,200 per month.

Let's compare 33063, Margate, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33063, Margate, FL is inf% more affordable than other cities nearby. One bedrooms are about 7.94% more affordable. Two bedrooms in 33063, Margate, FL are about 3.57% more expensive. Finally, rent for three bedrooms are about 15.11% more expensive. Want more information? Check out the top 4 cities near 33063, Margate, FL in the following chart.
City Studio 1 Bed 2 Bed All
Lauderhill, FL $1,450 $1,600 $2,000 $1,913
Tamarac, FL N/A $1,700 $2,050 $2,000
Coral Springs, FL N/A $1,700 $2,000 $2,200
Oakland Park, FL $1,775 $1,750 $2,200 $2,200

Top Neighborhoods Near 33063

There are a total of 1 neighborhoods in or near 33063. We've included all of these top 1 neighborhoods in or near 33063, Margate, FL in the following chart.

The average rent for these 1 neighborhoods in or near 33063, Margate, FL is currently around $2,200 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 33063's average rent, which is only $2,150. Out of all the neighborhoods in or near 33063, Oakland Park has the most affordable average rent at $2,200 per month. Whereas, at $2,200 average rent per month, Oakland Park is the most expensive neighborhood in or near 33063. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Oakland Park, FL N/A $1,750 $2,200 $2,200

Top Counties Near 33063

There are a total of 1 counties located by 33063, Margate, FL. The average rent for rentals in these counties is $2,738. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Coral Springs-Margate, FL. It's average rent per month is $2,125. Vice versa, with an average rent of $3,350, Deerfield Beach, FL is the most expensive county by 33063, Margate, FL.

In comparison, rent for one bedroom listings in 33063, Margate, FL is 9.52% more affordable than other counties nearby. Finally, rent for two bedrooms in 33063, Margate, FL is 0.60% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Coral Springs-Margate, FL N/A $1,700 $2,000 $2,125
Deerfield Beach, FL N/A $1,750 $2,225 $3,350

Top Zipcodes Near 33063

There are a total of 6 zipcodes in or near 33063, Margate, FL. The average rent for all of these zipcodes is $2,050. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33313, Lauderhill, FL at $1,900 per month. In comparison, the zipcode with the most expensive average rent of $2,150 per month is 33065, Coral Springs, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 33063, Margate, FL is $1,687 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,025 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in 33063, Margate, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33065, Coral Springs, FL N/A $1,675 $1,950 $2,150
33069, Pompano Beach, FL N/A $1,700 $2,100 $2,100
33313, Lauderhill, FL N/A $1,575 $2,000 $1,900
33309, Tamarac, FL N/A $1,750 $2,150 $2,100
33319, Tamarac, FL $1,450 $1,650 $2,000 $1,938
33321, Tamarac, FL N/A $1,699 $2,050 $2,000

Frequently Asked Questions - 33063 Average Rents

What is the average rent price in 33063, Margate, FL?
The average monthly rental price for 33063, Margate, FL apartments for rent is approximately $2,150. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33063, Margate, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 33063, Margate, FL.
How much is a studio apartment in 33063, Margate, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 33063.
How much is a one bedroom apartment in 33063, Margate, FL?
The average monthly rental price for one bedroom apartments is $1,575 and an average price per square feet of $2.17. There are a total of 7 one bedroom apartment listings currently available for rent in 33063.
How much is a two bedroom apartment in 33063, Margate, FL?
The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $2.02. There are a total of 23 two bedroom apartment listings currently available for rent in 33063.
How have rent prices in 33063, Margate, FL changed this year?
Rent prices for rentals in 33063, Margate, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.99%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in 33063, Margate, FL?
A reasonable rent price in 33063, Margate, FL is around $1,720/month. You can search for these reasonably priced rental listings on RentHop.
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