Cheap Homes for Rent in Markham, ON from C$700 (72 Rentals)

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Search the lowest-cost Homes available for rent right now in Markham.

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.

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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.

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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.

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Navigating 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.

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Markham, ON Local Guide

Cheapest Available Markham Apartments for Rent

 

The cheapest available apartment rental in Markham, ON is a Studio unit found at 225 Van Horne Apartments in the Bayview Woods Steeles Hillcrest Vlg neighborhood priced from C$1,795. Fifeshire Towers in the Bathurst Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,829. Here is today’s list of the most affordable Markham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
225 Van Horne ApartmentsBachelorStudio,1BAC$1,795
Fifeshire TowersJr. 1 Bdm1BR,1BAC$1,829
Wedgewood Place1 Bed, 1 bath1BR,1BAC$1,949
Royale Towers1 Bedroom1BR,1BAC$1,995
3030 Pharmacy AvOne Bedroom1BR,1BAC$1,995
Royal Court1 Bedroom1BR,1BAC$2,095
110 Inverlochy BoulevardOne bedroom,one bathroom1BR,1BAC$2,100
6161 Bathurst St1 Bedroom1BR,1BAC$2,149
Richmond Hill ApartmentsC31BR,1BAC$2,155
Park Willow Developments1 Bedroom1BR,1BAC$2,179

Best Value Apartments for Rent in Markham, ON

As of June 16, 2025 the best value apartment in the Markham area is the C$2.47 price per square foot 2 Bedroom(s) and 1 Bathroom(s) Model at Valencia Towers in the in the Bathurst Manor neighborhood starting from C$2,489. The second greatest value Markham apartment is the Two Bedroom Apartment Model at 3050 Pharmacy Avenue starting at C$2,599 with a C$2.83 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Valencia Towers2 Bedroom(s) and 1 Bathroom(s)2BR,1BAC$2.47
3050 Pharmacy AvenueTwo Bedroom Apartment2BR,1BAC$2.83
110 Inverlochy BoulevardOne bedroom,one bathroom1BR,1BAC$2.73
3030 Pharmacy AvOne Bedroom + Den1BR,1BAC$3.03
10 Bridletowne Circle 20, 30, 40 & 50 Aurora1 Bedroom1BR,1BAC$3.05
125 Bamburgh Circle1 Bedroom1BR,1BAC$3.13
Park Willow Developments1 Bedroom1BR,1BAC$3.14
6161 Bathurst St1 Bedroom1BR,1BAC$3.15
Wedgewood Place1 Bed, 1 bath1BR,1BAC$3.00
Royale Towers1 Bedroom1BR,1BAC$3.07

Quick Rent Budget Calculator

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Frequently Asked Questions about Markham

What type of rentals are currently available in Markham?

There are currently 768 Apartments for Rent in Markham, ON with pricing that ranges from C$890 to C$3,699. There are also 546 Single Family Homes for rent, Condos, and Townhome rentals currently available in Markham ranging from C$700 to C$12,500.

What is the current price range for Rental Homes in Markham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Markham ranges from C$700 to C$12,500 with an average monthly rent of C$4,041.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.