Foreclosure Homes in Margate, FL

Current Market Conditions in Margate, FL

The real estate market in Margate has seen a steady rise in home values over the past year, reflecting the overall trend in Broward County. While inventory levels remain tight, the demand for homes, particularly single-family residences, has kept prices stable. Investors are increasingly looking at Margate as a viable option due to its affordability compared to neighboring cities, appealing primarily to first-time homebuyers and families looking for a suburban feel.

The rental market is also thriving, with vacancy rates hovering around the national average, indicating a healthy demand for rental properties. Apartments and townhomes are popular among those who prefer low-maintenance living without sacrificing community connections.

Rent Prices In Margate, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Margate, FL, is on a rollercoaster ride. The average rent price in Margate, FL, is $1,575.00. Indeed, when looking to rent in Margate, FL, you can expect to pay as little as $880.00 or as much as $5,700.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in Margate, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.