
Cheap Apartments for Rent in Markham, ON from $900 (360 Rentals)
Search the lowest-cost Apartments available for rent right now in Markham.


110 Robinson St

110 Robinson St

104 Coppard Ave

104 Coppard Ave

241 Highglen Ave

241 Highglen Ave

92 Monkhouse Rd

92 Monkhouse Rd

118 Robinson 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.

27 Albert Firman Ln

27 Albert Firman Ln

110 Jack Monkman Crescent

110 Jack Monkman Crescent

95 Miley Dr

95 Miley Dr

553 Vine Cliff Blvd

553 Vine Cliff Blvd

26 Carolina Rose Cres

26 Carolina Rose Cres
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.

54 Beck Dr

54 Beck Dr

9 Upton Crescent

26 Carolina Rose Cres

26 Carolina Rose Cres

9 Upton Crescent

46 Clover St

46 Clover St

114 Timbers Cir

1 Waterleaf Rd
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.

114 Timbers Cir

1 Waterleaf Rd

160 Elson St

160 Elson St

29 W Borough St

508 Roy Rainey Ave

508 Roy Rainey Ave

29 W Borough St

51 William Honey Crescent

51 William Honey Crescent
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.

41 Maria Rd

41 Maria Rd

435 Elson St

435 Elson St

25 Rocking Horse St

25 Rocking Horse St

18 Stone Mason Dr

727 Caboto Trail

727 Caboto Trail

203 Milliken Meadows Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Markham, ON Local Guide

How much does it cost to rent an apartment in Markham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Markham Studio Apartments | $3,588 | $1,649 | $10,000+ |
| Cheap Markham 1 Bedroom Apartments | $2,065 | $1,750 | $2,802 |
| Cheap Markham 2 Bedroom Apartments | $2,399 | $2,075 | $3,572 |
| Cheap Markham 3 Bedroom Apartments | $3,199 | $2,500 | $4,247 |
Browse Top Apartments in Markham
See all Apartments in MarkhamExplore Markham
Markham, ON Local Guide
- Nearby Cities
Cheapest Available Markham Apartments for Rent
 The cheapest available apartment rental in Markham, ON is a Studio unit found at Warren Court Apartments in the Don Valley Village Pleasant View neighborhood priced from $1,650. Park Willow Developments in the Willowdale East Newtonbrook East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,699. Here is today’s list of the most affordable Markham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Warren Court Apartments | Bachelor | Studio,1BA | $1,650 |
| Park Willow Developments | Studio | Studio,1BA | $1,699 |
| 6161 Bathurst St | 1 Bedroom | 1BR,1BA | $1,849 |
| Fifeshire Towers | Jr. 1 Bdm | 1BR,1BA | $1,849 |
| Rosslyn Residence | 1 Bedroom | 1BR,1BA | $1,850 |
| Valencia Towers South | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,864 |
| Alpine Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,870 |
| Bentley Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,935 |
| 125 Bamburgh Circ | 1 Bedroom | 1BR,1BA | $1,949 |
| 111 Inverlochy Boulevard | One bedroom,one bathroom, balcony | 1BR,1BA | $1,977 |
Best Value Apartments for Rent in Markham, ON
As of April 28, 2026 the best value apartment in the Markham area is the $1.91 price per square foot 3 Beds, 1 Baths Model at 85 Henderson Avenue Townhomes in the in the Richmond Hill Vaughan King neighborhood starting from $3,190. The second greatest value Markham apartment is the 3 Bed Model at 20 Stonehill Crt starting at $2,295 with a $1.98 price per square foot in the LAmoreaux Steeles Milliken 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. |
|---|---|---|---|
| 85 Henderson Avenue Townhomes | 3 Beds, 1 Baths | 3BR,1BA | $1.91 |
| 20 Stonehill Crt | 3 Bed | 3BR,1.5BA | $1.98 |
| 1580 Sandhurst Circle | Tree bedroom with1.5 bathroom | 3BR,1.5BA | $2.46 |
| Rosslyn Residence | 2 Bedroom | 2BR,1BA | $2.11 |
| Deerford Road Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2.43 |
| 3050 Pharmacy Avenue | Two Bedroom Apartment | 2BR,1BA | $2.61 |
| Wedgewood Place | 2 Bedroom | 2BR,1BA | $2.60 |
| Willowdale Apartments | 1 bedroom | 1BR,1BA | $2.33 |
| 111 Inverlochy Boulevard | One bedroom,one bathroom, balcony | 1BR,1BA | $2.57 |
| Valencia Towers South | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.50 |
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 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 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, ON Rentals by Map
See the most popular apartments and homes in Markham, ON
Frequently Asked Questions about Cheap Markham Apartments
How much is rent for a Cheap One Bedroom Markham Apartment?
The lowest price for a Cheap One Bedroom Markham Apartment is $1,849 at Fifeshire Towers.
What is the lowest price for a Cheap Two Bedroom Markham Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Markham is starting from $2,150 at Rosslyn Residence.
What is the most affordable Markham Three Bedroom Apartment?
The best deal on a cheap Markham Three Bedroom Apartment rental is at 20 Stonehill Crt and starts from $2,295.
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.
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.