Cheap Homes for Rent in Markham, ON from C$700 (77 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Showing Results 1-50, Page 1 of 2

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 Bathurst Manor neighborhood priced from C$1,869. Alpine Apartments in the Willowdale West Newtonbrook West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,995. 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
Alpine Apartments1 Beds, 1 Baths1BR,1BAC$1,995
3030 Pharmacy AvOne Bedroom1BR,1BAC$1,995
Valencia Towers1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$2,039
Bathville Towers1 Bedroom1BR,1BAC$2,045
Bentley Apartments1 Beds, 1 Baths1BR,1BAC$2,075
Royale Towers1 Bedroom1BR,1BAC$2,095
110 Inverlochy BoulevardOne bedroom,one bathroom1BR,1BAC$2,100
111 Inverlochy BoulevardOne bedroom,one bathroom, balcony1BR,1BAC$2,100
Royal Court1 Bedroom1BR,1BAC$2,110

Best Value Apartments for Rent in Markham, ON

As of April 08, 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 2 Bedroom(s) and 1 Bathroom(s) Model at Valencia Towers starting at C$2,799 with a C$2.77 price per square foot in the Bathurst Manor 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
Valencia Towers2 Bedroom(s) and 1 Bathroom(s)2BR,1BAC$2.77
6161 Bathurst St2 Bedroom2BR,1BAC$2.58
Bathville Towers1 Bedroom1BR,1BAC$2.33
Deerford Road Apartments2 Beds, 1 Baths2BR,1BAC$2.86
3050 Pharmacy AvenueOne Bedroom plus Den1BR,1.5BAC$2.80
Willowdale Apartments1 bedroom1BR,1BAC$2.43
225 Van Horne Apartments2 Bedroom2BR,1BAC$2.92
110 Inverlochy BoulevardOne bedroom,one bathroom1BR,1BAC$2.73
111 Inverlochy BoulevardOne bedroom,one bathroom, balcony1BR,1BAC$2.73

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

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$3,599. There are also 456 Single Family Homes for rent, Condos, and Townhome rentals currently available in Markham ranging from C$700 to C$8,500.

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$8,500 with an average monthly rent of C$3,888.

How much are larger Three and Four Bedroom Rentals in Markham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Markham range from C$3,049 to C$3,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$750 to C$4,800. Four Bedroom Single-Family rentals are also available starting from C$2,500 and Four Bedroom Apartments start at C$3,395.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.