Legacy at Margate
5215 Coconut Creek Pky,
Margate, FL 33063
$2,075 - $2,695
1-3 Beds
Rental Market Trends in Margate, FL
What is the average rent in Margate, FL?
$1,905/month
Average Rent
769 Sq Ft
Average Apartment Size
+1.8%
Increase in the Last Year
As of June 2026, the average rent in Margate, FL is $1,905 per month. This is 16% higher than the national average rent price of $1,644/month, making Margate one of the most expensive cities in the US. When you rent an apartment in Margate, you can expect to pay about $1,317 per month for a studio, $1,905 for a one-bedroom apartment, and around $2,191 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,948 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Margate, FL?
In the past year, rent has increased by 1.8%, which averages out to $35 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025
2026
Rent Ranges in Margate, FL
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
20%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
47%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Margate?
Based on current rent prices, Holiday Springs is the most affordable neighborhood in Margate.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Margate?
Based on current rent prices, Holiday Springs is the most expensive neighborhood in Margate.
Neighborhood
Average Rent
Average Sq Ft
Which Margate neighborhoods have the most rentals available?
The neighborhood in Margate with the most apartments available is Holiday Springs .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Margate, FL?
Because the average rent in Margate is $1,905, you’ll want to make about $6,350 per month or $76,200 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Margate, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Margate, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$2,028/month
$2,028/month
Two Bedroom
$2,358/month
$2,358/month
Three Bedroom
$2,839/month
$2,839/month
Nearby City Rent Trends
Apartment communities in Margate we think you'll love
Property Management Companies in Margate, FL
Greystar
-
3,523
Communities
-
968,848
Units
-
898
Cities
3 Communities in Margate
ZRS Management
-
364
Communities
-
109,049
Units
-
141
Cities
3 Communities in Margate
Cruise Property Management, Inc
-
15
Communities
-
904
Units
-
10
Cities
3 Communities in Margate
AvalonBay
-
229
Communities
-
78,933
Units
-
148
Cities
2 Communities in Margate
Legacy Residential Group
-
17
Communities
-
3,633
Units
-
11
Cities
2 Communities in Margate
Willow Bridge
-
711
Communities
-
195,895
Units
-
335
Cities
1 Community in Margate
Mill Creek Residential
-
84
Communities
-
26,087
Units
-
54
Cities
1 Community in Margate
American Landmark
-
93
Communities
-
29,168
Units
-
51
Cities
1 Community in Margate
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.