Studio Apartment Rent in Margate, FL
Median asking rent for a studio apartment in Margate, Florida as of July 2026. That's +22% lower than the citywide median of $2,154 and +31% above the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Margate
Compare Margate's median rent across every apartment size.
Cheapest cities for a studio in Florida
| # | City | Studio rent |
|---|---|---|
| 1 | Pinewood | $360 |
| 2 | Palatka | $780 |
| 3 | Lake City | $840 |
| 4 | Belleview | $860 |
| 5 | Hernando | $860 |
| 6 | Crystal River | $865 |
| 7 | Treasure Island | $872 |
| 8 | Sebring | $875 |
| 9 | Auburndale | $910 |
| 10 | Bartow | $910 |
| 11 | Ocklawaha | $910 |
| 12 | Lake Alfred | $920 |
| 13 | Lake Placid | $930 |
| 14 | Cape Canaveral | $940 |
| 15 | Freeport | $940 |
Most expensive cities for a studio in Florida
| # | City | Studio rent |
|---|---|---|
| 1 | Key Biscayne | $2,560 |
| 2 | Weston | $2,547 |
| 3 | Doral | $2,450 |
| 4 | Aventura | $2,390 |
| 5 | Loxahatchee | $2,380 |
| 6 | Parkland | $2,365 |
| 7 | Windermere | $2,360 |
| 8 | Lithia | $2,350 |
| 9 | Coral Gables | $2,235 |
| 10 | West Miami | $2,220 |
| 11 | Pembroke Pines | $2,220 |
| 12 | Miami Beach | $2,203 |
| 13 | Royal Palm Beach | $2,178 |
| 14 | The Hammocks | $2,170 |
| 15 | Apollo Beach | $2,170 |
Nearby cities — studio rent
Considering nearby alternatives? 3 of these cities have cheaper studio rents than Margate.
| City | Distance | Studio rent | vs Margate |
|---|---|---|---|
| North Lauderdale, FL | 2.6 mi | $1,810 | +$120 (+7%) |
| Coconut Creek, FL | 2.8 mi | $1,945 | +$255 (+15%) |
| Coral Springs, FL | 3.8 mi | $1,885 | +$195 (+12%) |
| Tamarac, FL | 4.6 mi | $1,765 | +$75 (+4%) |
| Parkland, FL | 5 mi | $2,365 | +$675 (+40%) |
| Lauderdale Lakes, FL | 5.9 mi | $1,042 | $-648 (-38%) |
| Oakland Park, FL | 6 mi | $1,660 | $-30 (-2%) |
| Pompano Beach, FL | 6.1 mi | $1,740 | +$50 (+3%) |
| Lauderhill, FL | 7 mi | $1,610 | $-80 (-5%) |
| Deerfield Beach, FL | 7.1 mi | $1,840 | +$150 (+9%) |
| Sunrise, FL | 7.4 mi | $2,000 | +$310 (+18%) |
| Wilton Manors, FL | 8 mi | $1,769 | +$79 (+5%) |
Studio rent in Margate — common questions
How much is a studio apartment in Margate?
As of July 2026, the median studio apartment rent in Margate, Florida is $1,690 per month. This is +22% below the citywide median of $2,154.
What income do you need to afford a studio in Margate?
Using the standard 30% rent-to-income rule, you would need an annual income of about $67,600 ($5,633/month gross), which works out to roughly $32.50/hour at a full-time job.
Is Margate expensive for a studio compared to the rest of the US?
Margate's studio median of $1,690 is +31% above the national studio median of $1,290. It ranks in the 75th percentile of US cities tracked.
How does Margate rank for studio rent in Florida?
Among the 261 cities in Florida with studio data, Margate ranks #180 from cheapest to most expensive.
Are there cheaper studio options near Margate?
Yes — nearby cities with cheaper studio rents include Lauderdale Lakes ($1,042), Oakland Park ($1,660), Lauderhill ($1,610).