
Cheap Apartments for Rent in Markham, ON from $900 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Markham.


The Foresite

Dublin Street Apartments

Park Willow Developments

Valencia Towers South
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.

Fifeshire Towers

Rosslyn Residence

15 Tangreen Ct

6171 Bathurst 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.

Warren Court Apartments
Cash 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.
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 | $1,870 | $1,625 | $1,999 |
| Cheap Markham 1 Bedroom Apartments | $2,136 | $1,745 | $2,732 |
| Cheap Markham 2 Bedroom Apartments | $2,607 | $2,050 | $3,732 |
| Cheap Markham 3 Bedroom Apartments | $3,318 | $2,750 | $4,037 |
| Cheap Markham 4 Bedroom Apartments | $4,495 | $4,495 | $4,495 |
Browse Top Apartments in Markham
See all Apartments in MarkhamExplore Markham
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 $1,625. Royale Towers in the Bayview Woods Steeles Hillcrest Vlg neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,785. Here is today’s list of the most affordable Markham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Willow Developments | Studio, 1 bath | Studio,1BA | $1,625 |
| Royale Towers | 1 Bedroom | 1BR,1BA | $1,785 |
| Valencia Towers South | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,849 |
| Fifeshire Towers | Jr. 1 Bdm | 1BR,1BA | $1,899 |
| Rosslyn Residence | 1 Bedroom | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Markham, ON
As of December 13, 2025 the best value apartment in the Markham area is the $2.06 price per square foot 2 Beds, 1 Baths Model at 85 Henderson Avenue Townhomes in the in the Richmond Hill Vaughan King neighborhood starting from $2,895. The second greatest value Markham apartment is the Three Bedroom Model at 3030 Pharmacy Avenue starting at $3,300 with a $2.74 price per square foot in the Don Valley Village Pleasant View 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 | $2.06 |
| 3030 Pharmacy Avenue | Three Bedroom | 3BR,2BA | $2.74 |
| Wedgewood Place | 3 Bedroom | 3BR,1.5BA | $2.25 |
| 225 Van Horne Apartments | 3 Bedroom | 3BR,1.5BA | $2.65 |
| Rosslyn Residence | 2 Bedroom | 2BR,1BA | $2.16 |
| 6171 Bathurst St | 2 Bedroom | 2BR,1BA | $2.53 |
| Forest Manor | 1 Bedroom | 2BR,1.5BA | $2.73 |
| 110 Inverlochy Boulevard | One bedroom,one bathroom | 1BR,1BA | $2.72 |
| Valencia Towers South | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.48 |
| Park Willow Developments | 1 Bedroom | 1BR,1BA | $2.74 |
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 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 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 $1,785 at Royale 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 $2,050 at 225 Van Horne Apartments.
What is the most affordable Markham Three Bedroom Apartment?
The best deal on a cheap Markham Three Bedroom Apartment rental is at Wedgewood Place and starts from $2,499.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





