Cheap Homes for Rent in Markham, ON from C$400 (33 Rentals)

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

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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 Park Willow Developments in the Bayview Woods Steeles Hillcrest Vlg neighborhood priced from C$1,869. Fifeshire Towers in the Bathurst Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,879. Here is today’s list of the most affordable Markham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Willow DevelopmentsStudio, 1 bathStudio,1BAC$1,869
Fifeshire TowersJr. 1 Bdm1BR,1BAC$1,879
3030 Pharmacy AvOne Bedroom1BR,1BAC$1,995
Bathville Towers1 Bedroom1BR,1BAC$2,045
Valencia Towers1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$2,049
Royale Towers1 Bedroom1BR,1BAC$2,085
Alpine Apartments1 Beds, 1 Baths1BR,1BAC$2,090
Willowdale Apartments1 bedroom1BR,1BAC$2,120
Bentley Apartments1 Beds, 1 Baths1BR,1BAC$2,130
6161 Bathurst St1 Bedroom1BR,1BAC$2,199

Best Value Apartments for Rent in Markham, ON

As of May 01, 2025 the best value apartment in the Markham area is the C$1.84 price per square foot 4 Beds, 1 Baths Model at 85 Henderson Avenue Townhomes in the in the Richmond Hill Vaughan King neighborhood starting from C$3,395. The second greatest value Markham apartment is the Two bedroom,one bathroom, balcony Model at 110 Inverlochy Boulevard starting at C$2,500 with a C$2.53 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.
85 Henderson Avenue Townhomes4 Beds, 1 Baths4BR,1BAC$1.84
110 Inverlochy BoulevardTwo bedroom,one bathroom, balcony2BR,1BAC$2.53
3050 Pharmacy AvenueTwo Bedroom Apartment2BR,1BAC$2.83
The Foresite2 Bedroom2BR,1BAC$3.01
Bathville Towers1 Bedroom1BR,1BAC$2.33
Deerford Road Apartments2 Beds, 1 Baths2BR,1BAC$2.75
Willowdale Apartments1 bedroom1BR,1BAC$2.43
3030 Pharmacy AvOne Bedroom + Den1BR,1BAC$3.03
Valencia Towers1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$2.75
Park Willow Developments1 Bed, 1 bath1BR,1BAC$2.95

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Frequently Asked Questions about Markham

What type of rentals are currently available in Markham?

There are currently 764 Apartments for Rent in Markham, ON with pricing that ranges from C$1,869 to C$3,629. There are also 479 Single Family Homes for rent, Condos, and Townhome rentals currently available in Markham ranging from C$460 to C$12,000.

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 C$460 to C$12,000 with an average monthly rent of C$3,724.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.