Average Rent in Margate, FL

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Current Versus Historical Margate, FL Rents

Margate rentals average $1,375 for a 1-bedroom rental to $3,600 for a 4-bedroom rental. The median price of all currently available listings is $1,900, or roughly $23 per square feet.
For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $30 (2.37%) year-over-year from $1,265 to $1,295. 1-bedroom rentals prices have decreased by $189 (-12.70%) year-over-year from $1,489 to $1,300. 2-bedroom rentals prices have decreased by $7 (-0.35%) year-over-year from $1,902 to $1,895. 3-bedroom rentals prices have increased by $317 (10.03%) year-over-year from $3,158 to $3,475. 4-bedroom rentals prices have decreased by $142 (-3.79%) year-over-year from $3,742 to $3,600. 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 0.00% this month. 1-bedroom rents have gone down by 2.50% this month. 2-bedroom rents have gone down by 2.32% this month. 3-bedroom rents have gone up by 2.46% this month. 4-bedroom rents have gone down by 4.00% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $22.19 $1,300 $1,489 (-12.70%) $1,700 (-23.53%)
2 BR $22.50 $1,895 $1,902 (-0.35%) $1,920 (-1.30%)
3 BR $25.45 $3,475 $3,158 (10.03%) $3,033 (14.56%)
4+ BR $27.48 $3,600 $3,742 (-3.79%) $3,783 (-4.85%)

Historical Rents in Margate, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Margate

There are a total of 8 cities nearby Margate. The average rent in Margate is currently $2,125 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Lauderdale Lakes, FL, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near Margate, FL is Fort Lauderdale, FL. Monthly rents here are on average $2,500 per month.

Let's compare Margate, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 18.18% more affordable. Two bedrooms in Margate, FL are about 7.52% more affordable. Finally, rent for three bedrooms are about 10.86% more expensive. Want more information? Check out the top 8 cities near Margate, FL in the following table.
City Studio 1 Bed 2 Bed All
Lauderdale Lakes, FL $1,300 $1,400 $1,700 $1,600
Lauderhill, FL N/A $1,500 $1,925 $1,900
Oakland Park, FL $1,313 $1,600 $2,050 $2,000
Tamarac, FL N/A $1,500 $2,025 $2,050
Coral Springs, FL N/A $1,650 $1,990 $2,200
Coconut Creek, FL $475 $1,745 $2,200 $2,250
Wilton Manors, FL $1,300 $1,750 $2,300 $2,300
Fort Lauderdale, FL $1,500 $1,800 $2,600 $2,500

Top Neighborhoods Near Margate

There are a total of 3 neighborhoods in or near Margate. Some of these neighborhoods include Oakland Park, Wilton Manors, and Palm Aire. We've included all of these top 3 neighborhoods in or near Margate, FL in the following table.

The average rent for these 3 neighborhoods in or near Margate, FL is currently around $2,300 per month. Interestingly, the neighborhoods' average rent is higher than Margate's average rent, which is only $1,900. Out of all the neighborhoods in or near Margate, Oakland Park has the most affordable average rent at $2,000 per month. Whereas, at $2,363 average rent per month, Palm Aire is the most expensive neighborhood in or near Margate. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Oakland Park, FL $1,313 $1,600 $2,050 $2,000
Wilton Manors, FL $1,300 $1,750 $2,300 $2,300
Palm Aire, Pompano Beach, FL N/A $1,700 $2,200 $2,363

Top Counties Near Margate

There are a total of 3 counties located by Margate, FL. Some of these counties include Coral Springs-Margate, FL, Plantation, FL, and Deerfield Beach, FL. The average rent for rentals in these counties is $2,100. That's roughly around $24 per sqft. The county that is the most affordable is Coral Springs-Margate, FL. Its average rent per month is $2,100. Vice versa, with an average rent of $2,700, Deerfield Beach, FL is the most expensive county by Margate, FL.

In comparison, rent for one bedroom listings in Margate, FL is 16.36% more affordable than other counties nearby. Finally, rent for two bedrooms in Margate, FL is 5.54% more affordable than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Coral Springs-Margate, FL $1,300 $1,600 $1,990 $2,100
Plantation, FL $1,300 $1,590 $2,000 $2,100
Deerfield Beach, FL $1,500 $1,697 $2,475 $2,700

Top Zipcodes Near Margate

There are a total of 14 zipcodes in or near Margate, FL. The average rent for all of these zipcodes is $2,150. A total of 2 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33319, Tamarac, FL at $1,888 per month. In comparison, the zipcode with the most expensive average rent of $3,125 per month is 33433, Boca Raton, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Margate, FL is $1,544 per month. Or in other words, $25 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,025 per month. Which comes out to $24 per sqft. The following table includes the top 10 zipcodes in Margate, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33063, Margate, FL N/A $1,500 $1,970 $1,950
33065, Coral Springs, FL N/A $1,495 $1,975 $2,100
33069, Pompano Beach, FL N/A $1,725 $2,100 $2,263
33319, Tamarac, FL N/A $1,500 $1,950 $1,888
33433, Boca Raton, FL N/A $1,873 $2,600 $3,125
33309, Tamarac, FL $1,288 $1,600 $2,000 $1,950
33321, Tamarac, FL N/A $1,563 $2,050 $2,000
33311, Fort Lauderdale, FL $1,300 $1,525 $1,875 $2,100
33428, Sunshine Parkway, FL $900 $1,500 $2,200 $2,350
33068, North Lauderdale, FL $1,300 $1,200 $2,075 $2,295

Frequently Asked Questions - Margate Average Rents

What is the average rent price in Margate, FL?
The average monthly rental price for Margate, FL apartments for rent is approximately $1,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Margate, FL.
How much is a one bedroom apartment in Margate, FL?
The average monthly rental price for one bedroom apartments is $1,375 and an average price per square feet of $22.19. There are a total of 22 one bedroom apartment listings currently available for rent in Margate.
How much is a two bedroom apartment in Margate, FL?
The average monthly rental price for two bedroom apartments is $1,895 and an average price per square feet of $22.50. There are a total of 75 two bedroom apartment listings currently available for rent in Margate.
How have rent prices in Margate, FL changed this year?
Rent prices for rentals in Margate, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Margate, FL?
A reasonable rent price in Margate, FL is around $1,520/month. You can search for these reasonably priced rental listings on RentHop.