
Cheap Homes for Rent in Markham, ON from $600 (303 Rentals)
Search the lowest-cost Homes available for rent right now in Markham.


110 Robinson St

104 Coppard Ave

104 Coppard Ave

241 Highglen Ave

241 Highglen Ave

123 Steeles Ave E

123 Steeles Ave E

70 Corinthian Blvd

70 Corinthian Blvd
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.

24 Cliffwood Rd

86 Puma Dr

86 Puma Dr

20 Mallaby Rd

20 Mallaby Rd

23 Pineway Blvd

23 Pineway Blvd

71 Grenbeck Dr

71 Grenbeck Dr

92 Monkhouse Rd
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.

92 Monkhouse Rd

67 Abitibi Ave

67 Abitibi Ave

97 Byng Ave

97 Byng Ave

90 Crittenden Square

90 Crittenden Square

275 Estelle Ave

275 Estelle Ave

45 Pineway Blvd
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.

45 Pineway Blvd

283 Port Royal Trail

283 Port Royal Trail

18 Nanaberry St

18 Nanaberry St

500 Drewry Ave

500 Drewry Ave

20 Colinayre Crescent

20 Colinayre Crescent

23 St Paschal Ct
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.

23 St Paschal Ct

23 St Paschal Ct

27 Albert Firman Ln

23 St Paschal Ct

27 Albert Firman Ln

110 Jack Monkman Crescent

110 Jack Monkman Crescent

62 Banstock Dr

62 Banstock Dr

81 Townsgate Dr
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.
Markham, ON Local Guide

How much does it cost to rent a home in Markham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Markham 2 Bedroom Homes for Rent | $2,244 | $1,200 | $5,500 |
| Markham 3 Bedroom Homes for Rent | $3,057 | $850 | $5,000 |
| Markham 4 Bedroom Homes for Rent | $3,545 | $700 | $5,595 |
| Markham 5 Bedroom Homes for Rent | $4,980 | $1,300 | $10,000+ |
| Markham 6 Bedroom Homes for Rent | $5,760 | $3,400 | $10,000+ |
| Markham 7 Bedroom Homes for Rent | $6,650 | $5,500 | $8,500 |
Browse Top Homes for Rent in Markham
Explore Markham
Markham, ON Local Guide
- Nearby Cities
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. Warren Court Apartments in the Don Valley Village Pleasant View neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,650. Here is today’s list of the most affordable Markham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Willow Developments | Studio, 1 bath | Studio,1BA | $1,599 |
| Warren Court Apartments | Bachelor | Studio,1BA | $1,650 |
| 6161 Bathurst St | 1 Bedroom | 1BR,1BA | $1,849 |
| 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 | $1,864 |
| Alpine Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,870 |
| Bentley Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,935 |
| 125 Bamburgh Circ | 1 Bedroom | 1BR,1BA | $1,949 |
| 111 Inverlochy Boulevard | One bedroom,one bathroom, balcony | 1BR,1BA | $1,977 |
Best Value Apartments for Rent in Markham, ON
As of May 01, 2026 the best value apartment in the Markham area is the $1.91 price per square foot 3 Beds, 1 Baths Model at 85 Henderson Avenue Townhomes in the in the Richmond Hill Vaughan King neighborhood starting from $3,190. The second greatest value Markham apartment is the 3 Bed Model at 20 Stonehill Crt starting at $2,295 with a $1.98 price per square foot in the LAmoreaux Steeles Milliken 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 | 3 Beds, 1 Baths | 3BR,1BA | $1.91 |
| 20 Stonehill Crt | 3 Bed | 3BR,1.5BA | $1.98 |
| 1580 Sandhurst Circle | Tree bedroom with1.5 bathroom | 3BR,1.5BA | $2.46 |
| Rosslyn Residence | 2 Bedroom | 2BR,1BA | $2.11 |
| 3050 Pharmacy Avenue | Two Bedroom Apartment | 2BR,1BA | $2.61 |
| Wedgewood Place | 2 Bedroom | 2BR,1BA | $2.60 |
| Willowdale Apartments | 1 bedroom | 1BR,1BA | $2.33 |
| Warren Court Apartments | 2 Bedroom | 2BR,1.5BA | $2.56 |
| 111 Inverlochy Boulevard | One bedroom,one bathroom, balcony | 1BR,1BA | $2.57 |
| Valencia Towers South | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.50 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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 ArticleCash 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 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 Markham
What type of rentals are currently available in Markham?
There are currently 773 Apartments for Rent in Markham, ON with pricing that ranges from $1,200 to $4,247. There are also 1311 Single Family Homes for rent, Condos, and Townhome rentals currently available in Markham ranging from $688 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 $688 to $18,000 with an average monthly rent of $3,674.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.