Margate City city: Median Gross Rent Trend
How Margate City city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,166
2023
$1,368
Total change
+$202
% change
+17.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,166 | — |
| 2019 | $1,315 | +$149 (12.8%) |
| 2020 | $1,370 | +$55 (4.2%) |
| 2021 | $1,337 | $33 (-2.4%) |
| 2022 | $1,298 | $39 (-2.9%) |
| 2023 | $1,368 | +$70 (5.4%) |