Rental Market Trends in Markham, ON

What is the average rent in Markham, ON?Choose another area

The average rent in Markham, ON, as of January 2026, is approximately $675 per month for all property types. Rent prices can vary depending on the neighborhood and the type of rental property. Rent prices are influenced by factors like neighborhood popularity, proximity to amenities, and the overall housing market trends in the city.

USA
Market summary

Data is based on rental rates on sulekha.com. Last updated in January  2026.

Average Rental Price Over Time

How much has the average rent changed in Markham, ON?

The average rent for all property types is $675,which is 0% increase compared to the previous year.

  • 2023
  • 2024

Occupied Housing Units in Markham, ON

Property

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    Markham, ONvs
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    Answers to Your Rental Questions

    We've got answers to your most common questions about rentals, from property listings to pricing trends and everything in between.
    • What is the average rent in Markham, ON?

      The average rent in Markham, ON is around $675 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Markham, ON.

    • How many rentals are available in Markham, ON?

      Currently, there are 20 rental properties available in Markham, ON. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Markham, ON, you have plenty of choices to explore!

    • What are the best neighborhoods to rent in Markham, ON?

      If you're looking for budget-friendly neighborhoods in Markham, ON, consider these options:

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      These neighborhoods offer rental rates lower than the city's overall average, making them attractive options for renters.

    • What are the most affordable neighborhoods in Markham, ON?

      The most expensive neighborhoods in Markham, ON are:

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    • How much has the average rent changed in Markham, ON?

      Over the past year, the average rent in Markham, ON have increased by approximately 0%, which translates to $56 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.

    • How much has the rent in Markham, ON increased or decreased in the last month?

      The Average rent price in Markham, ON for January 2026 is $675, which is $43 less than in December.

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