2-Bedroom Apartment Rent in Margate, FL
Median asking rent for a 2-bedroom apartment in Margate, Florida as of July 2026. That's +6% higher than the citywide median of $2,154 and +38% above the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Margate
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Margate
Compare Margate's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Florida
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Valparaiso | $892 |
| 2 | Polk City | $952 |
| 3 | Bunnell | $999 |
| 4 | Palatka | $1,030 |
| 5 | Hernando | $1,090 |
| 6 | Lake City | $1,110 |
| 7 | Ave Maria | $1,115 |
| 8 | Crystal River | $1,115 |
| 9 | Auburndale | $1,130 |
| 10 | Bartow | $1,130 |
| 11 | Lake Alfred | $1,130 |
| 12 | Belleview | $1,140 |
| 13 | Lake Wales | $1,170 |
| 14 | Homosassa | $1,190 |
| 15 | Ocklawaha | $1,190 |
Most expensive cities for a 2-bedroom in Florida
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Highland Beach | $3,501 |
| 2 | Key Biscayne | $3,490 |
| 3 | Weston | $3,440 |
| 4 | Doral | $3,340 |
| 5 | Aventura | $3,260 |
| 6 | Parkland | $3,195 |
| 7 | Loxahatchee | $3,180 |
| 8 | Coral Gables | $3,045 |
| 9 | Miami Beach | $3,003 |
| 10 | Pembroke Pines | $3,000 |
| 11 | Lithia | $2,970 |
| 12 | The Hammocks | $2,960 |
| 13 | Bal Harbour | $2,910 |
| 14 | Plantation | $2,893 |
| 15 | The Crossings | $2,870 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 4 of these cities have cheaper 2-bedroom rents than Margate.
| City | Distance | 2-Bedroom rent | vs Margate |
|---|---|---|---|
| North Lauderdale, FL | 2.6 mi | $2,450 | +$170 (+7%) |
| Coconut Creek, FL | 2.8 mi | $2,625 | +$345 (+15%) |
| Coral Springs, FL | 3.8 mi | $2,545 | +$265 (+12%) |
| Tamarac, FL | 4.6 mi | $2,380 | +$100 (+4%) |
| Parkland, FL | 5 mi | $3,195 | +$915 (+40%) |
| Lauderdale Lakes, FL | 5.9 mi | $1,654 | $-626 (-27%) |
| Oakland Park, FL | 6 mi | $2,240 | $-40 (-2%) |
| Pompano Beach, FL | 6.1 mi | $2,348 | +$68 (+3%) |
| Lauderhill, FL | 7 mi | $2,180 | $-100 (-4%) |
| Deerfield Beach, FL | 7.1 mi | $2,485 | +$205 (+9%) |
| Sunrise, FL | 7.4 mi | $2,700 | +$420 (+18%) |
| Wilton Manors, FL | 8 mi | $1,966 | $-314 (-14%) |
2-Bedroom rent in Margate — common questions
How much is a 2-bedroom apartment in Margate?
As of July 2026, the median 2-bedroom apartment rent in Margate, Florida is $2,280 per month. This is +6% higher than the citywide median of $2,154.
What income do you need to afford a 2-bedroom in Margate?
Using the standard 30% rent-to-income rule, you would need an annual income of about $91,200 ($7,600/month gross), which works out to roughly $43.85/hour at a full-time job.
Is Margate expensive for a 2-bedroom compared to the rest of the US?
Margate's 2-bedroom median of $2,280 is +38% above the national 2-bedroom median of $1,655. It ranks in the 79th percentile of US cities tracked.
How does Margate rank for 2-bedroom rent in Florida?
Among the 282 cities in Florida with 2-bedroom data, Margate ranks #217 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Margate?
Yes — nearby cities with cheaper 2-bedroom rents include Lauderdale Lakes ($1,654), Oakland Park ($2,240), Lauderhill ($2,180).