$2,000 Per Month
- 2 Beds
- 1 Bath
- Townhouse for Rent
581 Kathy Ln, Margate, FL 33068
Property Id: 2527523A stunning quadplex 2 bedroom 1 bath apartment in the heart of Margate East access to shopsCoin laundry onsite No HOA approval
(754) 354-4224
Frequently Asked Questions
How much does it cost to rent a townhouse in Margate, FL?
The median rent for a townhouse in Margate, FL is $2,300 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Margate, FL?
To comfortably afford the median rent in Margate, FL, a household needs to earn roughly $80,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,000 per month in Margate, FL, renters typically need to show $6,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Margate, FL?
In Margate, FL, the price-to-rent ratio is 15.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Margate, FL are best for renting a townhouse?
The best neighborhood for renting in Margate, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Holiday Springs, North Lauderdale Estates, Forest Hills, Coral Lake and Coral Gate, each with its own character and price range.
