Watergate, FL
Full City Profile · Florida · Broward County County
2.8
/5.0
C+
Fair
3,709
Population
8,831/sq mi density
$72,641
Median Income
$24,884 per capita
$214,200
Home Value
$630,081 Zillow
$2,109
Median Rent
33.0% income on rent
76°F
Avg Temperature
330 sunny days/yr
26
Violent Crime/100K
637 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$72,641 median income, 5.3% unemployment
A+
Affordability
5.0 / 5.0
$214,200 home value, $2,109/mo rent
F
Safety
1.0 / 5.0
26 violent crimes/100K
D
Education
1.8 / 5.0
10.0% bachelor's degree or higher
Housing Overview
Median Home Value
$214,200
24% below
US avg: $281,900
Median Rent
$2,109/mo
81% above
US avg: $1,163/mo
Homeownership Rate
63.9%
2% below US avg (65.4%)
Total Housing Units
1,324
Median year built: 1988
Home Value by Source
Census Median
$214,200
Zillow (ZHVI)
$630,081
Median Sale Price
$600,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.9%
Owner-Occupied
36.1%
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:
$2,109/mo
Market Indicators (Redfin)
Median Days on Market
89 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$446
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
33.0%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
63.9%
Complete Housing Data
Home Values
| Census Median Value | $214,200 |
| Zillow Home Value (ZHVI) | $630,081 |
| Median Sale Price | $600,000 |
| Price Per Sq Ft | $446 |
Rent
| Census Median Rent | $2,109 |
| 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 | 89 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $446 |
Ownership & Stock
| Owner-Occupied | 63.9% |
| Renter-Occupied | 36.1% |
| Homeownership Rate | 63.9% |
| Total Housing Units | 1,324 |
| Median Year Built | 1988 |
| Rent Burden | 33.0% |
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