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Margate, FL
Full City Profile · Florida · Broward County County
3.0
/5.0
B
Good
58,418
Population
6,669/sq mi density
$60,852
Median Income
$34,462 per capita
$286,200
Home Value
$318,898 Zillow
$1,662
Median Rent
42.2% income on rent
76°F
Avg Temperature
330 sunny days/yr
167
Violent Crime/100K
1,575 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$60,852 median income, 2.8% unemployment
A
Affordability
4.0 / 5.0
$286,200 home value, $1,662/mo rent
F
Safety
1.0 / 5.0
167 violent crimes/100K
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher
Housing Overview
Median Home Value
$286,200
2% above
US avg: $281,900
Median Rent
$1,662/mo
43% above
US avg: $1,163/mo
Homeownership Rate
77.1%
18% above US avg (65.4%)
Total Housing Units
27,911
Median year built: 1978
Home Value by Source
Census Median
$286,200
Zillow (ZHVI)
$318,898
Median Sale Price
$265,000
Median List Price
$220,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.1%
Owner-Occupied
22.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,662/mo
· Zillow rent:
$2,151/mo
Market Indicators (Redfin)
Median Days on Market
120 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
37
Price Drops
24.5%
of listings with price reduction
Price Per Sq Ft
$254
Active Inventory
474
homes for sale
Affordability & Housing Stock
Rent Burden
42.2%
of renters spending 30%+ of income on housing
36% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
77.1%
Complete Housing Data
Home Values
| Census Median Value | $286,200 |
| Zillow Home Value (ZHVI) | $318,898 |
| Median Sale Price | $265,000 |
| Median List Price | $220,000 |
| Price Per Sq Ft | $254 |
Rent
| Census Median Rent | $1,662 |
| Zillow Rent (ZORI) | $2,151 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 120 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 24.5% |
| Homes Sold | 37 |
| Active Inventory | 474 |
| Price Per Sq Ft | $254 |
Ownership & Stock
| Owner-Occupied | 77.1% |
| Renter-Occupied | 22.9% |
| Homeownership Rate | 77.1% |
| Total Housing Units | 27,911 |
| Median Year Built | 1978 |
| Rent Burden | 42.2% |