2026 Affordability Data
Most Affordable Neighborhoods in Margate - 2026 Data
The median home value in Margate is $230,300, 18% below nat'l avg. Median rent is $1,574/month. With an affordability index of 87, Margate is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Margate, FL area.
Key Takeaways: Affordability in Margate
- 1The most affordable neighborhood in Margate is Sanford, with a median home value of $77,800.
- 2Margate's median home value is $230,300, 18% below nat'l avg (national: $281,900).
- 3Margate's affordability index is 87 (baseline 100), making it less affordable than the national average.
- 4Median rent in Margate is $1,574/month, 35% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Margate to find the most affordable areas based on home values, rent, and affordability index.
Margate Affordability Overview
Median Home Value
$230,300
18% below nat'l avg
Median Rent
$1,574/mo
35% above nat'l avg
Median Income
$52,284
30% below nat'l avg
Affordability Index
87
13% below nat'l avg
Most Affordable Neighborhoods in Margate (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | SanfordFL | $77,800 |
| 2 | SebringFL | $152,000 |
| 3 | West ParkFL | $305,400 |
| 4 | Lake WalesFL | $208,500 |
| 5 | WildwoodFL | $363,900 |
| 6 | Key Biscayne villageFL | $1,331,900 |
| 7 | Winter HavenFL | $220,800 |
| 8 | Miami Shores villageFL | $682,100 |
| 9 | BartowFL | $195,200 |
| 10 | Pinecrest villageFL | $1,129,900 |
| 11 | Belle GladeFL | $136,500 |
| 12 | Wellington villageFL | $492,300 |
| 13 | SeminoleFL | $279,000 |
| 14 | Palmetto Bay villageFL | $715,700 |
| 15 | MinneolaFL | $348,700 |
Detailed Neighborhood Profiles
Home Value: $77,800
Rent: $1,233/mo
Affordability: 258
Population: 1,397
Walk Score: 68/100
Home Value: $152,000
Rent: $776/mo
Affordability: 214
Population: 11,006
Home Value: $305,400
Rent: $776/mo
Affordability: 214
Population: 15,074
4
Home Value: $208,500
Rent: $776/mo
Affordability: 214
Population: 16,455
5
Home Value: $363,900
Rent: $776/mo
Affordability: 214
Population: 15,735
6
Home Value: $1,331,900
Rent: $776/mo
Affordability: 214
Population: 14,572
7
Home Value: $220,800
Rent: $776/mo
Affordability: 214
Population: 50,778
8
Home Value: $682,100
Rent: $776/mo
Affordability: 214
Population: 11,638
9
Home Value: $195,200
Rent: $776/mo
Affordability: 214
Population: 19,424
10
Home Value: $1,129,900
Rent: $776/mo
Affordability: 214
Population: 18,279
11
Home Value: $136,500
Rent: $776/mo
Affordability: 214
Population: 16,896
12
Home Value: $492,300
Rent: $776/mo
Affordability: 214
Population: 61,373
13
Home Value: $279,000
Rent: $776/mo
Affordability: 214
Population: 19,287
14
Home Value: $715,700
Rent: $776/mo
Affordability: 214
Population: 24,267
15
Home Value: $348,700
Rent: $776/mo
Affordability: 214
Population: 14,406
Frequently Asked Questions About Affordability in Margate
What is the most affordable neighborhood in Margate, FL?▾
Based on 2026 data, Sanford is the most affordable neighborhood in Margate with a median home value of $77,800. Kurby analyzed 15 neighborhoods in the Margate area to compile these rankings.
What is the median home price in Margate, FL?▾
The median home price in Margate is $230,300, which is 18% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Margate affordable compared to the national average?▾
Margate has an affordability index of 87, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Margate, FL?▾
The median monthly rent in Margate is $1,574. This is 35% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Margate?▾
The median household income in Margate is $52,284 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Margate are below the national average home price?▾
7 out of 15 ranked neighborhoods in Margate have a median home value below the national average of $281,900. The most affordable is Sanford at $77,800 (Source: Kurby, 2026).