2025 Compare Cities Housing:
Merritt Island, FL vs Margate, FL

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Highlights
- The median age of a home in Merritt Island is 10.4% older than the median age of a home in Margate.
 Merritt Island, FLMargate, FLUnited States
 Median Home Age48  Unlock42
 Median Home Cost  Unlock$300,200$338,100
 Home Appr. Last 12 months26.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock78.0%57.0%
 Home Appr. Last 10 yrs.211.6%  Unlock101.1%
 Property Tax Rate  Unlock$8.9$11.0
 Homes Owned65.2%  Unlock57.4%
 Housing Vacant  Unlock10.7%11.2%
 Homes Rented15.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Merritt Island, FLMargate, FLUnited States
 Average Rent  Unlock$2,600$1,840
 Studio Apartment$950  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,510$1,180
 2 Bedroom Home or Apartment$1,350  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,640$1,860
 4 Bedroom Home or Apartment$2,150  Unlock$2,160
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 Vacant Housing
 Merritt Island, FLMargate, FLUnited States
 Vacant For Rent  Unlock1.8%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.8%0.7%
 Vacant Sold0.5%  Unlock0.4%
 Vacant Vacation  Unlock5.2%3.6%
 Vacant Other4.6%  Unlock4.1%
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 Owner-Occupied Housing Value
 Merritt Island, FLMargate, FLUnited States
 Less Than $20,000  Unlock1.2%2.6%
 $20,000 to $39,9991.2%  Unlock2.4%
 $40,000 to $59,999  Unlock3.9%2.8%
 $60,000 to $79,9991.0%  Unlock3.9%
 $80,000 to $99,999  Unlock5.6%4.5%
 $100,000 to $149,9996.5%  Unlock11.3%
 $150,000 to $199,999  Unlock9.0%13.0%
 $200,000 to $299,99921.6%  Unlock20.1%
 $300,000 to $399,999  Unlock23.8%13.6%
 $400,000 to $499,99914.9%  Unlock8.3%
 $500,000 to $749,999  Unlock0.7%9.7%
 $750,000 to $999,9993.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9991.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
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 Housing Units By Year Built
 Merritt Island, FLMargate, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock3.6%13.6%
 2000 to 20098.6%  Unlock13.6%
 1990 to 1999  Unlock12.2%13.6%
 1980 to 198917.1%  Unlock13.2%
 1970 to 1979  Unlock45.4%14.8%
 1960 to 196910.7%  Unlock13.6%
 1950 to 1959  Unlock3.6%10.0%
 1940 to 19490.1%  Unlock4.7%
 1939 or Earlier  Unlock0.6%12.2%
Reviews for Merritt Island    5 Reviews

Over 11 years ago

It can get hot in the summer, but you get a breeze off the ocean most afternoons. If you live on the waterways, it seems to be a little cooler. Winters are  More

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Over 14 years ago

New to the area, but soon to know more. Florida is a sunshine state  More

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Over 17 years ago

Coming from Virginia, the Merritt Island architecture leaves a lot to be desired. Hurricane season (June - November) causes me a lot of  More

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Reviews for Margate    3 Reviews

Over 11 years ago

Butterfly World, is minutes away from Margate and the largest selection of butterflies, it is a must see. The Festival Flea Market is one of the best flea markets I've  More

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Over 14 years ago

I have lived here in Margate, FL for the past 7 years and I must say it has been very nice. The people here are nice and as far as the crime rate goes I must say I have  More

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Over 15 years ago

The crime statistics you see listed for Margate Florida are misleading, I have lived in Margate for years, I like many of Margate residents have had my home broken into  More

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