Rental market snapshot for Margate, Florida

Margate, Florida Rental Property Market Overview

Margate, Florida is a city located in Broward County with a population of 58,001 as of 2021, according to the US Census. Margate is known for its beautiful beaches and parks, as well as its vibrant shopping and dining scene. The city is home to a variety of attractions, including the Margate Art Museum, the Margate Historical Museum, and the Margate Nature Center. Margate also has a variety of recreational activities, such as golfing, fishing, and boating. With its diverse population and many attractions, Margate is a great place to live and visit.

The average rent for an apartment in Margate is $2,469. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -1.2% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Margate Florida | Cost of Living

  • The most expensive ZIP Code in Margate is 33063 with an average price of $2,741
  • The cheapest ZIP Code in Margate is 33068 with an average price of $2,028

Margate ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
133063$2,741
233068$2,286

Live near Margate, Florida's Top Sights and Attractions

Firefighters Park is a family-friendly attraction located in a coastal town in Florida. It features a large playground with slides, swings, and other fun activities for children. There is also a picnic area with tables and grills, a walking path, and a fishing pier. The park is also home to a memorial honoring local firefighters who have served the community.

Vinson Park is a beautiful waterfront park located on the Atlantic Ocean. It features a large beach area with plenty of space to relax and enjoy the sun and sand. There are also several picnic areas, a playground, and a fishing pier. Visitors can also take advantage of the nearby boat ramp and launch their own vessels. The park also offers a variety of activities such as kayaking, paddle boarding, and jet skiing.

Fern Forest Nature Center is a lush, tropical paradise located in South Florida. It is a great place to explore and observe the diverse wildlife and plants that inhabit the area. The center features a variety of trails, boardwalks, and observation decks that provide visitors with a unique opportunity to observe the natural beauty of the area. The center also offers educational programs and activities for all ages, including guided nature walks, bird watching, and more.

Navy Recruiting Station Margate is a historic attraction located near the beach. It is a two-story building with a white façade and a red tile roof. Inside, visitors can explore the original furnishings and artifacts from the station's time as a recruiting center for the U.S. Navy. The station also features a museum, which showcases the history of the Navy in the area. Visitors can also take a tour of the grounds and learn about the station's role in the community.

David Park Margate is a picturesque waterfront park located on the shores of the Intracoastal Waterway. It features a boat ramp, fishing pier, picnic pavilions, playground, and a boardwalk with stunning views of the water. The park also offers a variety of recreational activities, including kayaking, canoeing, and paddleboarding. Visitors can also enjoy a variety of wildlife, including manatees, dolphins, and a variety of birds.

Oriole Park Margate Marina is a picturesque waterfront park located on the Intracoastal Waterway in sunny South Florida. Visitors can enjoy a variety of activities such as fishing, kayaking, paddle boarding, and boating. The park also features a boardwalk, picnic areas, and a playground. There is also a boat ramp and dockage available for visitors who wish to explore the area by water. The park is a great place to relax and take in the beautiful views of the surrounding area.

Coral Gate Park is a beautiful outdoor space located in Margate, Florida. It features a large lake surrounded by lush greenery, with a walking path that winds around the lake. The park also has a playground, picnic tables, and a gazebo. There are plenty of benches and shady spots to relax and enjoy the scenery. The park is a great place to take a leisurely stroll, have a picnic, or just relax and take in the beauty of nature.

Royal Palm Park Calypso Cove is a fun-filled water park located in Margate, Florida. It features a large pool with a lazy river, a splash pad, and a variety of slides and water attractions. There are also plenty of lounge chairs and umbrellas to relax in, as well as a snack bar and a gift shop. The park is perfect for families, with plenty of activities to keep everyone entertained.

Holiday Springs is an outdoor water park located in Margate, Florida. It features a variety of attractions, including a lazy river, a wave pool, a children's play area, and multiple water slides. Visitors can also enjoy a snack bar, a gift shop, and a picnic area. The park is open year-round and offers a variety of special events and activities throughout the year.

Serino Park is a beautiful outdoor space located in Margate, Florida. It features a variety of amenities, including a playground, picnic areas, a walking path, and a lake. The park also has a large open field, perfect for sports and other activities. The lake is stocked with fish, making it a great spot for fishing. The park is surrounded by lush greenery, providing a tranquil atmosphere for visitors to enjoy.

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Margate, Florida area median rent change by ZIP Code map

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How does Margate compare to other cities in Florida ?

citymedian price
Poinciana$1,945
Dunedin$2,170
Kenneth City$1,485
Maitland$2,185
Mount Dora$2,090
Englewood$2,400
Oakland Park$2,090
Key Largo$4,500
Indian Rocks Beach$4,200
Defuniak Springs$1,575

Average household income in Margate area graph - US Census

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The median household income in Margate in 2021 was $46,460. This represents a 1.7% change from 2011 when the median was $45,674.

#categorypercent
0Less than $10,0006.7%
1$10,000 to $14,9997.2%
2$15,000 to $19,9995.3%
3$20,000 to $24,9995.4%
4$25,000 to $29,9994.8%
5$30,000 to $34,9994.5%
6$35,000 to $39,9995.9%
7$40,000 to $44,9998.8%
8$45,000 to $49,9994.4%
9$50,000 to $59,9996.7%
10$60,000 to $74,99910.6%
11$75,000 to $99,99910.9%
12$100,000 to $124,9997.2%
13$125,000 to $149,9995.4%
14$150,000 to $199,9993.9%
15$200,000 or more2.3%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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