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Affordable apartments in Margate, Florida

2 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

2 lihtc

Buildings

COLONIAL PARK

LIHTC
1300 BANKS RD, MARGATE, FL, 33063
Income-restricted units
159 of 160
Year placed in service
2003
Bedroom mix
104 1BR · 56 2BR

Estimated total housing cost: $2,350 rent + $169 utilities = $2,519/mo

Contact property management for current availability. Waitlists may apply.

ARBOR VIEW

LIHTC
3100 N STATE ROAD 7, MARGATE, FL, 33063
Income-restricted units
Not reported of 100
Year placed in service
2019
Bedroom mix
64 1BR · 36 2BR

Estimated total housing cost: $2,350 rent + $169 utilities = $2,519/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Florida

Residential electricity in Florida runs about 15.43¢/kWh, with a typical monthly residential electric bill near $169. Natural gas runs about $28.02/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for 33063

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$1,750n/a
1 bedroom$1,910n/a
2 bedroom$2,350$1,502
3 bedroom$3,240n/a
4 bedroom$3,840n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: hud_safmr.

HUD income limits : Broward County, FL

Miami-Fort Lauderdale-West Palm Beach, FL. FY2025. Area median income: $96,200.

Household size30% AMI50% AMI80% AMI
1 person$24,250$40,350$64,550
2 people$27,700$46,100$73,800
3 people$31,150$51,850$83,000
4 people$34,600$57,650$92,200
5 people$37,650$62,250$99,600
6 people$43,150$66,900$107,000
7 people$48,650$71,500$114,350
8 people$54,150$76,100$121,750

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Florida cities

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Margate cost-of-living and Fair Market Rent overview