
Cheap Homes for Rent in Markham, IL from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Markham.


14520 Harvey Ave

2426 183rd St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

12863 S Normal Ave

14001 S Western Ave

14643 Lamon Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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 | $1,796 | $1,300 | $2,250 |
| Markham 3 Bedroom Homes for Rent | $2,184 | $1,521 | $3,000 |
| Markham 4 Bedroom Homes for Rent | $2,393 | $1,400 | $3,025 |
| Markham 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
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 and Nearby
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 304 East 147th Street Harvey, IL 60426 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $900 |
| 14600 Pulaski Rd. | 2BR/1.0BA | 2BR,1BA | $1,350 |
Best Value Apartments for Rent in Markham, IL and Nearby
As of April 27, 2026 the best value apartment in the Markham area is the $2.05 price per square foot 17828 Park Ave Model at 17828 Park Ave, Unit 2 in the in the Stonebridge neighborhood starting from $2,250. The second greatest value Markham apartment is the 2BR/1.0BA Model at 14600 Pulaski Rd. starting at $1,350 with a $1.35 price per square foot in the Country Aire 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 2 | 17828 Park Ave | 3BR,2BA | $2.05 |
| 14600 Pulaski Rd. | 2BR/1.0BA | 2BR,1BA | $1.35 |
| 304 East 147th Street Harvey, IL 60426 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.50 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Markham, IL Rentals by Map
See the most popular apartments and homes in Markham, IL
Frequently Asked Questions about Markham
What type of rentals are currently available in Markham?
There are currently 158 Apartments for Rent in Markham, IL with pricing that ranges from $1,250 to $9,787. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Markham ranging from $1,275 to $4,000.
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 $1,275 to $4,000 with an average monthly rent of $2,337.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.