Cheap Homes for Rent in Markham, IL from $1,200 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Markham.

14633 Keystone Ave

14121 S Stewart Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

14059 S Finley Ave

18249 Ravisloe Terrace

15824 Peggy Ln

935 Maple Ave

16052 Halsted St

16044 Halsted St

16048 Halsted St

15629 Homan Ave
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

14733 S Edbrooke Ave

14517 Oakley Ave
Markham, IL Local Guide

How much does it cost to rent a home in Markham?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Markham 2 Bedroom Homes for Rent | $1,932 | $1,475 | $3,195 |
Markham 3 Bedroom Homes for Rent | $2,270 | $1,500 | $3,000 |
Markham 4 Bedroom Homes for Rent | $2,825 | $1,675 | $3,100 |
Markham 5 Bedroom Homes for Rent | $3,375 | $2,950 | $3,800 |
Markham 6 Bedroom Homes for Rent | $3,625 | $3,450 | $3,800 |
Browse Top Homes for Rent in Markham
Explore Markham
Markham, IL Local Guide
- Markham Neighborhoods
- Nearby Cities
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Cheapest Available Markham Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
15840 Marshfield Ave | 2 Beds, 1 bath | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Markham, IL
As of June 10, 2025 the best value apartment in the Markham area is the $2.18 price per square foot 17828 Park Ave Model at 17828 Park Ave, Unit 3 in the in the Stonebridge neighborhood starting from $1,200. The second greatest value Markham apartment is the 1 Bed, 1 bath Model at 15840 Marshfield Ave starting at $1,400 with a $2.55 price per square foot in the College District neighborhood. Here is today’s list of the best values for Markham apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
17828 Park Ave, Unit 3 | 17828 Park Ave | 1BR,1BA | $2.18 |
15840 Marshfield Ave | 1 Bed, 1 bath | 1BR,1BA | $2.55 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Markham
What type of rentals are currently available in Markham?
There are currently 160 Apartments for Rent in Markham, IL with pricing that ranges from $1,000 to $3,100. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Markham ranging from $1,200 to $3,800.
What is the current price range for Rental Homes in Markham?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Markham ranges from $1,200 to $3,800 with an average monthly rent of $2,618.
How much are larger Three and Four Bedroom Rentals in Markham?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Markham range from $1,750 to $2,935, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,675 and Four Bedroom Apartments start at $2,915.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

The Art of the Rental Viewing: What to look for during a property tour
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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.