Cheap Homes for Rent in Markham, ON from $800 (126 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 3

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 Willowdale East Newtonbrook East neighborhood priced from $1,749. Royale Towers in the Bayview Woods Steeles Hillcrest Vlg neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,785. Here is today’s list of the most affordable Markham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Willow DevelopmentsStudio, 1 bathStudio,1BA$1,749
Royale Towers1 Bedroom1BR,1BA$1,785
Alpine Apartments1 Beds, 1 Baths1BR,1BA$1,895
Fifeshire TowersJr. 1 Bdm1BR,1BA$1,899
Rosslyn Residence1 Bedroom1BR,1BA$1,900
Bentley Apartments1 Beds, 1 Baths1BR,1BA$1,920
Valencia Towers South1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1,969
110 Inverlochy BoulevardOne bedroom,one bathroom1BR,1BA$1,977
Willowdale Apartments1 bedroom1BR,1BA$1,985
Deerford Road Apartments1 Beds, 1 Baths1BR,1BA$1,995

Best Value Apartments for Rent in Markham, ON

As of January 31, 2026 the best value apartment in the Markham area is the $1.91 price per square foot 2 Beds, 1 Baths Model at 85 Henderson Avenue Townhomes in the in the Richmond Hill Vaughan King neighborhood starting from $2,695. The second greatest value Markham apartment is the 3 Bedroom Model at Wedgewood Place starting at $2,599 with a $2.34 price per square foot in the Willowdale East Newtonbrook East 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 Townhomes2 Beds, 1 Baths2BR,1BA$1.91
Wedgewood Place3 Bedroom3BR,1.5BA$2.34
1580 Sandhurst CircleTree bedroom with1.5 bathroom3BR,1.5BA$2.55
Rosslyn Residence2 Bedroom2BR,1BA$2.16
6171 Bathurst St2 Bedroom2BR,1BA$2.53
3050 Pharmacy AvenueTwo Bedroom Apartment2BR,1BA$2.61
Willowdale Apartments1 bedroom1BR,1BA$2.27
225 Van Horne Apartments2 Bedroom2BR,1BA$2.61
110 Inverlochy BoulevardOne bedroom,one bathroom1BR,1BA$2.57
Park Willow Developments1 Bedroom1BR,1BA$2.59

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Markham, ON Rentals by Map

Decorative image of map

See the most popular apartments and homes in Markham, ON

View Map
Markham, ON Apartments Map
View Map
Markham, ON Rental Homes Map

Frequently Asked Questions about Markham

What type of rentals are currently available in Markham?

There are currently 767 Apartments for Rent in Markham, ON with pricing that ranges from $1,699 to $4,197. There are also 734 Single Family Homes for rent, Condos, and Townhome rentals currently available in Markham ranging from $800 to $30,000.

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 $800 to $30,000 with an average monthly rent of $4,181.

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.