In an aspect of the method, a received data packet is decoded in order to determine a packet error rate value, and an average package error value for N received data packets is updated based on the determined packet error rate value. The updated average packet error rate value is then compared against a threshold value and a data rate request is issued based on this comparison. In another aspect, a response to a transmitted data packet is received, the response being related to an average packet error rate value. The average packet error rate value is compared against a threshold and a data rate is modified based on the comparison. In each of the above aspects, a data rate control margin that is used to overcome channel estimate errors resulting from transmission delays may be dynamically adjusted, e.g., in real time, in order to optimize system resources.