Cheap Homes for Rent in Markham, ON from $600 (301 Rentals)

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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.

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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.

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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.

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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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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.

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Markham, ON Local Guide

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 ListingModel NameBed/BathPriced From
Village Tower1 Bed 1 Bath A1BR,1BA$1,685
Royal Court1 Bedroom1BR,1BA$1,835
Fifeshire TowersJr. 1 Bdm1BR,1BA$1,849
Park Willow Developments1 Bedroom1BR,1BA$1,849
Rosslyn Residence1 Bedroom1BR,1BA$1,850
Valencia Towers South1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1,884
6161 Bathurst St1 Bedroom1BR,1BA$1,949
Bentley Apartments1 Beds, 1 Baths1BR,1BA$1,960
10 Bridletowne Circle 20, 30, 40 & 50 Aurora1 Bedroom1BR,1BA$1,999
125 Bamburgh Circ1 Bedroom1BR,1BA$1,999

Best Value Apartments for Rent in Markham, ON

As of June 15, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Romfield Circuit3 Bedroom3BR,1BA$1.79
85 Henderson Avenue Townhomes3 Beds, 1 Baths3BR,1BA$1.91
Bathville Towers3 Bedroom3BR,1.5BA$1.97
20 Stonehill Crt3 Bed3BR,1.5BA$1.98
Vanhorne2-Bedroom2BR,1BA$2.41
110 Inverlochy BoulevardTwo bedroom,one bathroom, balcony2BR,1BA$2.52
Rosslyn Residence1 Bedroom1BR,1BA$2.08
Willowdale Apartments1 bedroom1BR,1BA$2.29
Warren Court Apartments2 Bedroom2BR,1.5BA$2.50
Valencia Towers South1 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.

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Real 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.

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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Markham

What type of rentals are currently available in Markham?

There are currently 778 Apartments for Rent in Markham, ON with pricing that ranges from $920 to $8,639. There are also 1596 Single Family Homes for rent, Condos, and Townhome rentals currently available in Markham ranging from $689 to $18,000.

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 $689 to $18,000 with an average monthly rent of $3,923.

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

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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.

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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.

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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.

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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.