Last updated on September 26, 2026

Average rent in
Markham, ON

Median rent

Median rent in Markham

$2,300/mo

decreased by2%

vs previous year

The average rent in Markham is $2,300 per month as of September 2026. This is 21% above the national average rent, or $400 more per month.

$2.62

average price per square foot

Total rentals

Available rentals in Markham

27

for rent on Zumper.com as of September 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 2% 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 $2,249, whereas a house costs $3,750. 1-bedroom apartments in Markham run $1,952 on average, while 2-bedroom apartments are $2,329.

Listings

Studio

$1,600

10%

10%

1 bedroom

$1,949

5%

9%

2 bedroom

$2,349

2%

No Change

3 bedroom

$3,099

9%

4%

4 bedroom

$3,300

10%

28%

Studio

Average rent

$1,600

Last 30 days

10%

Last year

10%

1 bedroom

Average rent

$1,949

Last 30 days

5%

Last year

9%

2 bedroom

Average rent

$2,349

Last 30 days

2%

Last year

No Change

3 bedroom

Average rent

$3,099

Last 30 days

9%

Last year

4%

4 bedroom

Average rent

$3,300

Last 30 days

10%

Last year

28%

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$2,300
increased by21%

higher than the national median

Median rent price$2,169
increased by14%

higher than the national median

Takeaway

The median rent for all rentals in Markham, ON is 6% higher than the median rent in Ajax, ON.

Discover rentals in Markham, ON

Times Ave & Hwy 7 - Photo 1 of 1

5d+ ago

Commerce Valley townhouse for rent in Markham

28 Sycamore Drive - Photo 1 of 1

5d+ ago

Aileen Willow Brook apartment for rent in Markham

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

7m ago

8.6

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

$1,899–$2,999

170 Dudley Ave - Photo 1 of 1
Rent special

3d ago

8.8

Very good

170 Dudley Ave

170 Dudley Ave, Markham, ON L3T 2E7

2 beds

1 bath

$1,995–$2,200

Price drop

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 $2,300 per month as of September 19, 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 2% since last year.

How does Markham rent compare to the national average?

Rent in Markham is 21% above the national average, which means renters are paying approximately $400 more per month.

Which neighborhoods are most affordable in Markham?

The most affordable neighborhoods in Markham are Cornell ($2,010/mo), Grandview ($2,149/mo), and Aileen Willow Brook ($2,149/mo).

What salary do I need to afford rent in Markham?

To comfortably afford rent in Markham, you'd need to earn approximately $92,000/year, based on spending no more than 30% of your income on rent.

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

October sees the lowest rent in Markham with an 18% difference from April's peak prices. November and December are the least competitive months with lower overall demand, making them good times to search.

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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