Margate city: Median Gross Rent Trend
How Margate 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
$1,213
2023
$1,662
Total change
+$449
% change
+37%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,213 | — |
| 2019 | $1,311 | +$98 (8.1%) |
| 2020 | $1,330 | +$19 (1.4%) |
| 2021 | $1,416 | +$86 (6.5%) |
| 2022 | $1,513 | +$97 (6.9%) |
| 2023 | $1,662 | +$149 (9.8%) |