Last updated on June 27, 2026

Average rent in
Markham, ON

Median rent

Median rent in Markham

$2,200/mo

decreased by8%

vs previous year

The average rent in Markham is $2,200 per month as of June 2026. This is 13% above the national average rent, or $250 more per month.

$2.56

average price per square foot

Total rentals

Available rentals in Markham

33

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Markham rentals at each price point

80%60%40%20%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Markham, ON

Average rent prices in Markham have remained the same over the last month and have decreased by 8% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Markham, ON

Rent prices in Markham vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Markham is $2,220, whereas a house costs $2,950. 1-bedroom apartments in Markham run $1,977 on average, while 2-bedroom apartments are $2,259.

Listings

Studio

$1,867

No Change

24%

1 bedroom

$1,949

1%

6%

2 bedroom

$2,264

1%

7%

3 bedroom

$3,238

6%

26%

4 bedroom

$3,825

1%

23%

Studio

Average rent

$1,867

Last year

24%

1 bedroom

Average rent

$1,949

Last 30 days

1%

Last year

6%

2 bedroom

Average rent

$2,264

Last 30 days

1%

Last year

7%

3 bedroom

Average rent

$3,238

Last 30 days

6%

Last year

26%

4 bedroom

Average rent

$3,825

Last 30 days

1%

Last year

23%

The table above reflects average rent prices in Markham, ON, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Markham, ON compare to other cities?

Compare median rent prices in Markham and Ajax by all bedroom counts and property types.

Markham

Median rent price$2,200
increased by13%

higher than the national median

Median rent price$2,199
increased by13%

higher than the national median

Takeaway

The median rent for all rentals in Markham, ON is equal to the median rent in Ajax, ON.

Discover rentals in Markham, ON

Times Ave & Hwy 7 - Photo 1 of 1

2d ago

Commerce Valley townhouse for rent in Markham

House for rent

Available Jul 2

68 Main St N #501 - Photo 1 of 1

1d ago

Old Markham Village apartment for rent in Markham

Apartment for rent

11 Radford Crescent #BSMT - Photo 1 of 1

10h ago

Apartment for rent in Markham

Apartment for rent

Available Jun 27

7411 & 7433 Yonge St. and 20 & 30 Clarke Ave - Photo 1 of 1
Rent special

9h ago

8.3

Very good

7411 & 7433 Yonge St. and 20 & 30 Clarke Ave

7433 & 7433 Yonge St. And 20 & 30 Clarke Ave, Markham, ON L3T 2B7

1–3 beds

1 bath

$1,897–$2,959

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Markham, ON

Quick answers to common questions about the Markham rental market.

How much is rent in Markham?

The average rent in Markham is $2,200 per month as of June 27, 2026.

Is rent up or down in Markham?

Average rent prices in Markham have remained the same over the last month and have decreased by 8% since last year.

How does Markham rent compare to the national average?

Rent in Markham is 13% above the national average, which means renters are paying approximately $250 more per month.

Which neighborhoods are most affordable in Markham?

The most affordable neighborhoods in Markham are Unionville ($2,110/mo), Markham Village ($2,110/mo), and Berczy ($2,170/mo).

What salary do I need to afford rent in Markham?

To comfortably afford rent in Markham, you'd need to earn approximately $88,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Markham?

Markham's 2025 rental market shows 1-bedroom apartments averaging around $2,100 per month, while 2-bedroom units rent for around $2,500 monthly. These figures reflect current market conditions across the city's various neighborhoods.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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