Rentometer, Inc. | Data as of 10/22/2025
Margate, located in the heart of Broward County, blends suburban comfort with easy access to South Florida’s vibrant lifestyle. Residents enjoy close proximity to the Atlantic shoreline, the bustling commercial corridors of Fort Lauderdale, and cultural attractions such as the Margate Regional Center and Riverwalk Park. The city’s well‑planned neighborhoods, tree‑lined streets, and a mix of retail, dining, and recreational options make it an appealing destination for families, young professionals, and retirees alike.
The rental market in Margate offers a balanced selection of both apartments and single‑family homes. One‑bedroom apartments typically sit in the $1600s, while two‑bedroom units move toward the $2000 range, and spacious three‑bedroom apartments can approach the $2800 range. For those seeking a house, one‑bedroom homes start in the $1200s, two‑bedroom homes often fall in the $2300s, and larger three‑ and four‑plus bedroom houses can exceed $3200 and $3800 respectively. This variety ensures that renters can find accommodations that match their budget and space requirements, whether they prefer the convenience of a managed community or the privacy of a standalone residence.
Key neighborhoods such as East Ocean Drive, West Margate, and the historic Uplands district each offer distinct character—from waterfront vistas and vibrant nightlife to quiet, family‑friendly streets near top‑rated schools. Easy access to major highways, public transit, and nearby shopping centers like the Margate Mall further enhance the livability of the area. Whether you’re drawn by the coastal lifestyle, the strong sense of community, or the diverse housing options, Margate provides a welcoming environment for renters seeking the best of South Florida living.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,666 | $1,600 | $1,300 - $2,435 | $1,500 - $1,763 |
| Apartment | 2 Bedroom | $1,970 | $1,912 | $1,649 - $2,940 | $1,800 - $2,100 |
| Apartment | 3 Bedroom | $2,750 | $2,812 | $1,899 - $3,350 | $2,685 - $3,000 |
| House | 1 Bedroom | $1,277 | $1,500 | $200 - $1,550 | $1,300 - $1,500 |
| House | 2 Bedroom | $2,308 | $2,450 | $890 - $3,275 | $1,995 - $2,600 |
| House | 3 Bedroom | $3,262 | $3,300 | $1,799 - $8,400 | $2,900 - $3,514 |
| House | 4+ Bedroom | $3,780 | $3,800 | $1,900 - $4,950 | $3,400 - $4,000 |
In the current period, the average rent in Margate was
$1,599 for 1 Bedroom,
$2,101 for 2 Bedroom,
$3,236 for 3 Bedroom, and
$3,730 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.