Last updated on August 11, 2026

Average rent in
Markham, ON

Median rent

Median rent in Markham

$2,275/mo

decreased by3%

vs previous year

The average rent in Markham is $2,275 per month as of August 2026. This is 18% above the national average rent, or $350 more per month.

$2.80

average price per square foot

Total rentals

Available rentals in Markham

28

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Markham rentals at each price point

75%56%38%19%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 increased by 2% over the last month and have decreased by 3% 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 $2,299, whereas a house costs $3,200. 1-bedroom apartments in Markham run $1,977 on average, while 2-bedroom apartments are $2,329.

Listings

Studio

$1,867

10%

22%

1 bedroom

$1,977

4%

11%

2 bedroom

$2,344

No Change

5%

3 bedroom

$3,315

15%

9%

4 bedroom

$4,200

10%

9%

Studio

Average rent

$1,867

Last 30 days

10%

Last year

22%

1 bedroom

Average rent

$1,977

Last 30 days

4%

Last year

11%

2 bedroom

Average rent

$2,344

Last 30 days

No Change

Last year

5%

3 bedroom

Average rent

$3,315

Last 30 days

15%

Last year

9%

4 bedroom

Average rent

$4,200

Last 30 days

10%

Last year

9%

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$2,275
increased by18%

higher than the national median

Median rent price$2,239
increased by16%

higher than the national median

Takeaway

The median rent for all rentals in Markham, ON is 2% higher than the median rent in Ajax, ON.

Discover rentals in Markham, ON

28 Sycamore Drive - Photo 1 of 1

5d+ ago

Aileen Willow Brook apartment for rent in Markham

Apartment for rent

Available Aug 1

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

10h 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

$1,852–$2,937

Apartment for rent

170 Dudley Ave - Photo 1 of 1

12h ago

8.8

Very good

170 Dudley Ave

170 Dudley Ave, Markham, ON L3T 2E7

1–3 beds

1–2 baths

$1,975–$2,650

Apartment for rent

7471 Yonge Street Thornhill - Photo 1 of 1

4d ago

8.8

Very good

7471 Yonge Street Thornhill

7471 Yonge St, Markham, ON L3T 2B9

2 beds

1 bath

$2,250–$2,275

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 $2,275 per month as of August 8, 2026.

Is rent up or down in Markham?

Average rent prices in Markham have increased by 2% over the last month and have decreased by 3% since last year.

How does Markham rent compare to the national average?

Rent in Markham is 18% above the national average, which means renters are paying approximately $350 more per month.

Which neighborhoods are most affordable in Markham?

The most affordable neighborhoods in Markham are Commerce Valley ($2,129/mo), Greensborough ($2,199/mo), and Royal Orchard ($2,250/mo).

What salary do I need to afford rent in Markham?

To comfortably afford rent in Markham, you'd need to earn approximately $91,000/year, based on spending no more than 30% of your income on rent.

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

Based on Zumper's July 2026 data, one-bedroom apartments in Markham average around $1,980/month and two-bedrooms approximately $2,320/month.

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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