Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Margate City area can be challenging. Home prices in Margate City are now at a median cost of $552,037, higher than the New Jersey average of $388,929.
The average cost of rent is $1,343/mo in Margate City, primarily driven by the current value of real estate in the Margate City area. While nearly 48.00% of residents own their homes outright in Margate City, 12.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Margate City is $9,827 per month. Households that rent pay about 13.67% of their income on rent here. Margate City's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Longport, NJ: higher priced homes
- Ventnor City, NJ: less expensive homes
- Linwood, NJ: less expensive homes
- Northfield, NJ: less expensive homes
- Atlantic City, NJ: less expensive homes
- Pleasantville, NJ: less expensive homes
- Somers Point, NJ: less expensive homes
- Ocean City, NJ: higher priced homes
- Egg Harbor Township, NJ: less expensive homes
- Brigantine, NJ: less expensive homes
Cities with Similar Populations
- Alva, OK: less expensive homes
- Barnesville, OH: less expensive homes
- Sturbridge, MA: less expensive homes
- St. Helena, CA: higher priced homes
- Woodside, CA: higher priced homes
- Appomattox, VA: less expensive homes
- North Beach, MD: less expensive homes
- North Berwick, ME: less expensive homes
- Norman Park, GA: less expensive homes
- Newport, VT: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood