
Cheap Apartments for Rent in Markham, ON from $900 (168 Rentals)
Search the lowest-cost Apartments available for rent right now in Markham.


319 William Forster Rd

110 Robinson St

110 Robinson St

17 River Forest St

241 Highglen Ave

92 Monkhouse Rd

37 Cartmel Dr

68 Meadowview Ave

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.

579 Fred McLaren Blvd

25 Jeremy Dr

68 Meadowview Ave

110 Jack Monkman Crescent

2213 Rodick Rd

7171 Yonge St, Unit 2415

48 Cartmel Dr

391 Stony Hill Blvd

435 Elson St

75 Maitland 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.

29 W Borough St

307 Milliken Meadows Dr

91 Tamarack Dr

29 Ashmore Crescent

104 Steeles Ave E

51 William Honey Crescent

261 Doubtfire Crescent

36 Bendamere Crescent

72 Calderbridge Crescent

6 Robert 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.

14 Pringle Ave

8 Terry Fox St

3 Cornerstone Rd

337 William Forster Rd

17 Trailsbrook Terrace

3 Oakmoor Ln

31 John Rolph St

87 Braeburn Dr

53 Meadowview Ave

82 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.

45 Henricks Rd

41 Ravengloss Dr

82 Fresno Ct

46 Tara Crescent

4 Finley Wy

37 Sir Bodwin Pl

656 Copper Creek Dr

30 Rougecrest Dr

6 Innisvale Dr

14 Hazelton 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, 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 | $1,831 | $1,599 | $2,150 |
| Cheap Markham 1 Bedroom Apartments | $2,085 | $920 | $4,200 |
| Cheap Markham 2 Bedroom Apartments | $2,487 | $2,100 | $3,912 |
| Cheap Markham 3 Bedroom Apartments | $3,144 | $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 Studio unit found at Park Willow Developments in the Willowdale East Newtonbrook East neighborhood priced from $1,599. 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 | $1,599 |
| 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 | $1,884 |
| Bentley Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,915 |
| The Foresite | Studio | Studio,1BA | $1,929 |
| Alpine Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,955 |
| Deerford Road Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,990 |
| 3030 Pharmacy Avenue | One Bedroom | 1BR,2BA | $1,995 |
| 125 Bamburgh Circ | 1 Bedroom | 1BR,1BA | $1,999 |
Best Value Apartments for Rent in Markham, ON
As of July 27, 2026 the best value apartment in the Markham area is the $2.18 price per square foot 2 Beds, 1 Baths Model at 85 Henderson Avenue Townhomes in the in the Markham neighborhood starting from $3,070. The second greatest value Markham apartment is the 2 Bedroom Model at Bathville Towers starting at $2,580 with a $2.35 price per square foot in the Bathurst Manor 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 | $2.18 |
| Bathville Towers | 2 Bedroom | 2BR,1BA | $2.35 |
| Bayview Square North | 2 Bedroom | 2BR,1BA | $2.51 |
| Rosslyn Residence | 1 Bedroom | 1BR,1BA | $2.08 |
| 3050 Pharmacy Avenue | One Bedroom plus Den | 1BR,1.5BA | $2.57 |
| Willowdale Apartments | 1 bedroom | 1BR,1BA | $2.48 |
| Warren Court Apartments | 2 Bedroom | 2BR,1.5BA | $2.50 |
| 1580 Sandhurst Circle | One bedroom plus den, with one batroom | 1BR,1BA | $2.60 |
| Valencia Towers South | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.53 |
| Park Willow Developments | 1 Bedroom | 1BR,1BA | $2.66 |
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
What is the Cheapest Studio apartment in Markham?
Currently the most affordable Cheap Studio Apartment in Markham is at Park Willow Developments listed at $1,599.
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 $2,100 at Warren Court Apartments.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.