
Cheap Apartments for Rent in Markham, ON from $800 (372 Rentals)
Search the lowest-cost Apartments available for rent right now in Markham.


319 William Forster Rd

The Foresite

110 Robinson St

110 Robinson St

17 River Forest St

17 River Forest St

11 Marion Crescent

11 Marion Crescent

118 Robinson St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

68 Meadowview Ave

68 Meadowview Ave

11 Markville Rd

11 Markville Rd

30 Baintree St

30 Baintree St

25 Jeremy Dr

579 Fred McLaren Blvd

579 Fred McLaren Blvd

25 Jeremy Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

101 Summerdale Dr

101 Summerdale Dr

36 Grandview Ave

36 Grandview Ave

2213 Rodick Rd

2213 Rodick Rd

110 Jack Monkman Crescent

110 Jack Monkman Crescent

7 Pavillion St

435 Elson St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

75 Maitland Dr

7 Pavillion St

75 Maitland Dr

435 Elson St

41 Manila Ave

41 Manila Ave

29 Ashmore Crescent

104 Steeles Ave E

104 Steeles Ave E

29 Ashmore Crescent
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.

73 Crofting Cres

73 Crofting Cres

144 Royal Orchard Blvd

144 Royal Orchard Blvd

27 Karen Miles Crescent

27 Karen Miles Crescent

37 Sir Bodwin Pl

37 Sir Bodwin Pl

6 Robert St

3 Oakmoor Ln
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, 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 | $1,852 | $1,649 | $2,110 |
| Cheap Markham 1 Bedroom Apartments | $2,148 | $920 | $4,335 |
| Cheap Markham 2 Bedroom Apartments | $2,494 | $2,100 | $3,912 |
| Cheap Markham 3 Bedroom Apartments | $2,933 | $800 | $4,247 |
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Markham, ON Local Guide
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Cheapest Available Markham Apartments for Rent
 The cheapest available apartment rental in Markham, ON is a Studio unit found at Park Willow Developments in the Willowdale East Newtonbrook East neighborhood priced from $1,649. Fifeshire Towers in the Westminster Branson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,849. Here is today’s list of the most affordable Markham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Willow Developments | Bach | Studio,1BA | $1,649 |
| Fifeshire Towers | Jr. 1 Bdm | 1BR,1BA | $1,849 |
| Valencia Towers South | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,884 |
| Valencia Towers North | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,924 |
| Alpine Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,940 |
| 100 Sprucewood Ct | One Bedroom | 1BR,1BA | $1,949 |
| 10 Bridletowne Circle 20, 30, 40 & 50 Aurora | 1 Bedroom | 1BR,1BA | $1,949 |
| Bentley Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,955 |
| 110 Inverlochy Boulevard | One bedroom,one bathroom | 1BR,1BA | $1,977 |
| Deerford Road Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,990 |
Best Value Apartments for Rent in Markham, ON
As of September 11, 2026 the best value apartment in the Markham area is the $2.13 price per square foot 2 Beds, 1 Baths Model at 85 Henderson Avenue Townhomes in the in the Markham neighborhood starting from $2,995. The second greatest value Markham apartment is the 3 Bed Model at 20 Stonehill starting at $2,550 with a $2.19 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 | 2 Beds, 1 Baths | 2BR,1BA | $2.13 |
| 20 Stonehill | 3 Bed | 3BR,1.5BA | $2.19 |
| Warren Court Apartments | 3 Bedroom | 3BR,2BA | $2.23 |
| Vanhorne | 2-Bedroom | 2BR,1BA | $2.41 |
| 125 Bamburgh Circ | 2 Bedroom | 2BR,1BA | $2.42 |
| Bayview Square North | 2 Bedroom | 2BR,1BA | $2.51 |
| 3050 Pharmacy Avenue | One Bedroom plus Den | 1BR,1.5BA | $2.57 |
| Willowdale Apartments | 1 bedroom | 1BR,1BA | $2.34 |
| 110 Inverlochy Boulevard | One bedroom,one bathroom | 1BR,1BA | $2.57 |
| Valencia Towers South | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.53 |
Don'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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 $2,155 at Royale Towers.
What is the most affordable Markham Three Bedroom Apartment?
The best deal on a cheap Markham Three Bedroom Apartment rental is at Warren Court Apartments and starts from $2,500.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.