
Cheap Apartments for Rent in Markham, ON from $900 (316 Rentals)
Search the lowest-cost Apartments available for rent right now in Markham.


319 William Forster Rd

110 Robinson St

110 Robinson St

241 Highglen Ave

241 Highglen Ave

92 Monkhouse Rd

92 Monkhouse Rd

118 Robinson St

110 Jack Monkman 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.

110 Jack Monkman Crescent

2213 Rodick Rd

2213 Rodick Rd

33 Kenborough Ct

33 Kenborough Ct

98 James Scott Rd

307 Milliken Meadows Dr

307 Milliken Meadows Dr

98 James Scott Rd

46 Clover St
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.

46 Clover St

54 Aileen Rd

54 Aileen Rd

54 Aileen Rd

29 W Borough St

29 W Borough St

160 Elson St

160 Elson St

50 Dowling Cir

50 Dowling Cir
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.

11 Zeng Cheng Dr

11 Zeng Cheng Dr

508 Roy Rainey Ave

203 Milliken Meadows Dr

508 Roy Rainey Ave

203 Milliken Meadows Dr

18 Stone Mason Dr

18 Stone Mason Dr

47 Stella Dr

51 William Honey Crescent
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.

47 Stella Dr

51 William Honey Crescent

46 Solace Rd

46 Solace Rd

6 Rouge Fairway St

435 Elson St

435 Elson St

104 Steeles Ave E

3 Cornerstone Rd

54 Beck Dr
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.
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 | $1,929 | $1,929 | $1,929 |
| Cheap Markham 1 Bedroom Apartments | $2,092 | $920 | $4,050 |
| Cheap Markham 2 Bedroom Apartments | $2,615 | $2,035 | $8,006 |
| Cheap Markham 3 Bedroom Apartments | $3,164 | $2,500 | $4,267 |
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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 1 Bed unit found at Village Tower in the Bathurst Manor neighborhood priced from $1,685. Royal Court in the Richmond Hill Vaughan King neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,835. Here is today’s list of the most affordable Markham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Tower | 1 Bed 1 Bath A | 1BR,1BA | $1,685 |
| Royal Court | 1 Bedroom | 1BR,1BA | $1,835 |
| Fifeshire Towers | Jr. 1 Bdm | 1BR,1BA | $1,849 |
| Park Willow Developments | 1 Bedroom | 1BR,1BA | $1,849 |
| Rosslyn Residence | 1 Bedroom | 1BR,1BA | $1,850 |
| Valencia Towers South | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,884 |
| 6161 Bathurst St | 1 Bedroom | 1BR,1BA | $1,949 |
| Bentley Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,960 |
| 10 Bridletowne Circle 20, 30, 40 & 50 Aurora | 1 Bedroom | 1BR,1BA | $1,999 |
| 125 Bamburgh Circ | 1 Bedroom | 1BR,1BA | $1,999 |
Best Value Apartments for Rent in Markham, ON
As of June 12, 2026 the best value apartment in the Markham area is the $1.79 price per square foot 3 Bedroom Model at Romfield Circuit in the in the Richmond Hill Vaughan King neighborhood starting from $3,500. The second greatest value Markham apartment is the 3 Beds, 1 Baths Model at 85 Henderson Avenue Townhomes starting at $3,190 with a $1.91 price per square foot in the Richmond Hill Vaughan King 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. |
|---|---|---|---|
| Romfield Circuit | 3 Bedroom | 3BR,1BA | $1.79 |
| 85 Henderson Avenue Townhomes | 3 Beds, 1 Baths | 3BR,1BA | $1.91 |
| Bathville Towers | 3 Bedroom | 3BR,1.5BA | $1.97 |
| 20 Stonehill Crt | 3 Bed | 3BR,1.5BA | $1.98 |
| Vanhorne | 2-Bedroom | 2BR,1BA | $2.41 |
| 110 Inverlochy Boulevard | Two bedroom,one bathroom, balcony | 2BR,1BA | $2.52 |
| Rosslyn Residence | 1 Bedroom | 1BR,1BA | $2.08 |
| Willowdale Apartments | 1 bedroom | 1BR,1BA | $2.29 |
| Warren Court Apartments | 2 Bedroom | 2BR,1.5BA | $2.50 |
| 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 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 $1,685 at Village Tower.
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 $2,035 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 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.