Average Rent in 33063, Margate, FL

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Current Versus Historical 33063, Margate, FL Rents

33063 rentals average $1,650 for a 1-bedroom rental to $4,100 for a 4-bedroom rental. The median price of all currently available listings is $2,000, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $274 (-23.36%) year-over-year from $1,174 to $900. 1-bedroom rentals prices have decreased by $50 (-2.94%) year-over-year from $1,700 to $1,650. 2-bedroom rentals prices have increased by $92 (4.74%) year-over-year from $1,933 to $2,025. 3-bedroom rentals prices have increased by $33 (1.14%) year-over-year from $2,917 to $2,950. 4-bedroom rentals prices have increased by $475 (12.93%) year-over-year from $3,675 to $4,150. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 2.06% this month. 2-bedroom rents have gone up by 0.83% this month. 3-bedroom rents have gone up by 2.61% this month. 4-bedroom rents have gone up by 5.51% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.14	$1,650	$1,700 (-2.94%)	$1,391 (18.63%)
2 BR	$1.97	$2,025	$1,933 (4.74%)	$1,658 (22.11%)
3 BR	$2.27	$2,950	$2,917 (1.14%)	$2,700 (9.26%)
4+ BR	$2.06	$4,150	$3,675 (12.93%)	$3,135 (32.38%)

Historical Rents in 33063, Margate, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 33063

There are a total of 7 cities nearby 33063. The average rent in 33063 is currently $2,100 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Lauderhill, FL, with an average rent of $1,950, is the most affordable city nearby. In contrast, the most expensive city near 33063, Margate, FL is North Lauderdale, FL. Monthly rents here are on average $2,450 per month.

Let's compare 33063, Margate, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 2.42% more affordable. Two bedrooms in 33063, Margate, FL are about 1.23% more expensive. Finally, rent for three bedrooms are about 3.23% more expensive. Want more information? Check out the top 7 cities near 33063, Margate, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Lauderhill, FL	$1,350	$1,500	$1,975	$1,950
Margate, FL	N/A	$1,600	$1,950	$2,000
Tamarac, FL	N/A	$1,650	$2,000	$2,075
Oakland Park, FL	$1,250	$1,690	$2,100	$2,100
Coral Springs, FL	$1,338	$1,713	$2,000	$2,150
Coconut Creek, FL	N/A	$1,763	$2,200	$2,300
North Lauderdale, FL	N/A	$1,712	$2,000	$2,450

Top Neighborhoods Near 33063

There are a total of 2 neighborhoods in or near 33063. We've included all of these top 2 neighborhoods in or near 33063, Margate, FL in the following chart.

The average rent for these 2 neighborhoods in or near 33063, Margate, FL is currently around $2,185 per month. Meaning, only two neighborhoods have a higher average rent than $2,185. Interestingly, the neighborhoods' average rent is higher than 33063's average rent, which is only $2,000. Out of all the neighborhoods in or near 33063, Oakland Park has the most affordable average rent at $2,100 per month. Whereas, at $2,270 average rent per month, Palm Aire is the most expensive neighborhood in or near 33063. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Oakland Park, FL	$1,250	$1,690	$2,100	$2,100
Palm Aire, Pompano Beach, FL	N/A	$1,625	$2,200	$2,270

Top Counties Near 33063

There are a total of 2 counties located by 33063, Margate, FL. The average rent for rentals in these counties is $2,475. That's roughly around $2 per sqft. The county that is the most affordable is Coral Springs-Margate, FL. It's average rent per month is $2,100. Vice versa, with an average rent of $2,850, Deerfield Beach, FL is the most expensive county by 33063, Margate, FL.

Typically, rent for studios in 33063, Margate, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 33063, Margate, FL is 7.12% more affordable than other counties nearby. Finally, rent for two bedrooms in 33063, Margate, FL is 7.41% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Coral Springs-Margate, FL	$1,325	$1,700	$2,000	$2,100
Deerfield Beach, FL	$1,410	$1,835	$2,350	$2,850

Top Zipcodes Near 33063

There is one zipcode in or near 33063, Margate, FL. The average rent for this zipcode is $2,170.

The following chart includes the zipcode in or near 33063, Margate, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33351, Sunrise, FL	N/A	$1,745	$2,100	$2,170

Frequently Asked Questions - 33063 Average Rents

What is the average rent price in 33063, Margate, FL?

The average monthly rental price for 33063, Margate, FL apartments for rent is approximately $2,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 33063, Margate, FL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 33063, Margate, FL.

How much is a studio apartment in 33063, Margate, FL?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 33063.

How much is a one bedroom apartment in 33063, Margate, FL?

The average monthly rental price for one bedroom apartments is $1,650 and an average price per square feet of $2.14. There are a total of 30 one bedroom apartment listings currently available for rent in 33063.

How much is a two bedroom apartment in 33063, Margate, FL?

The average monthly rental price for two bedroom apartments is $2,025 and an average price per square feet of $1.97. There are a total of 72 two bedroom apartment listings currently available for rent in 33063.

How have rent prices in 33063, Margate, FL changed this year?

Rent prices for rentals in 33063, Margate, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.23%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.01% year-over-year.

What is a reasonable rent price in 33063, Margate, FL?

A reasonable rent price in 33063, Margate, FL is around $1,600/month. You can search for these reasonably priced rental listings on RentHop.