
Cheap Homes for Rent in Markham, IL from $1,400 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Markham.


15247 Honore Ave

727 E 155th Ct

3208 Nelson Ave

16052 Halsted St

16044 Halsted St

16048 Halsted St
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.

916 Olive Rd

14512 Oakley Ave

14733 S Edbrooke Ave

14433 Springfield Ave

4800 157th St

16019 Circle Dr
The Art of the Rental Viewing: What to look for during a property tour
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.

15444 Albany 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 | $1,541 | $1,450 | $1,700 |
Markham 3 Bedroom Homes for Rent | $2,238 | $1,600 | $3,030 |
Markham 4 Bedroom Homes for Rent | $2,827 | $2,250 | $3,100 |
Markham 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Markham 6 Bedroom Homes for Rent | $3,450 | $3,450 | $3,450 |
Browse Top Homes for Rent in Markham
Explore Markham
Markham, IL Local Guide
- Markham Neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Available Markham Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
304 East 147th Street | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $910 |
15840 Marshfield Ave | 2 Beds, 1 bath | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Markham, IL
As of July 25, 2025 the best value apartment in the Markham area is the $1.44 price per square foot 14513 S Richmond Ave Model at 14513 S Richmond Ave, Unit 4 in the in the Country Aire neighborhood starting from $1,300. The second greatest value Markham apartment is the 1 Bedroom 1 Bath Apartment Model at 304 East 147th Street starting at $910 with a $1.65 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. |
---|---|---|---|
14513 S Richmond Ave, Unit 4 | 14513 S Richmond Ave | 2BR,1BA | $1.44 |
304 East 147th Street | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.65 |
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 162 Apartments for Rent in Markham, IL with pricing that ranges from $1,000 to $1,650. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Markham ranging from $1,450 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 $1,450 to $3,800 with an average monthly rent of $2,627.
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
Written by: Nicole Harms
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
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.