What's the average rent in Markham, ON?

Rental Market Trends in Markham, ON

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Markham, ON is $2,430 per month, which is 25% higher than the national average rent of $1,948 per month.

AVERAGE RENT

$2,430

-2.0%-$50 decrease month-over-month

-13.2%-$370 decrease year-over-year

AVAILABLE RENTALS

655

APARTMENTS

$2,200

HOUSES

$3,500

TOWNHOUSES

$3,200

As of September 2026, apartments are the most affordable rental option in Markham, ON at $2,200 per month, while houses are the most expensive at $3,500 per month. Townhomes average $3,200 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,603
2 Bedrooms	$2,250
3 Bedrooms	$3,190
4 Bedrooms	$3,800
All	$2,430

As of September 2026, the average rent for a 1 bedroom rental in Markham, ON is $1,603 per month, followed by $2,250 for a 2 bedroom rental, $3,190 for a 3 bedroom rental, and $3,800 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,500
2 Bedrooms	$2,600
3 Bedrooms	$3,250
4 Bedrooms	$3,580
All	$3,200

As of September 2026, the average rent for a 1 bedroom townhome in Markham, ON is $1,500 per month, followed by $2,600 for a 2 bedroom townhome, $3,250 for a 3 bedroom townhome, and $3,580 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,790
2 Bedrooms	$2,300
3 Bedrooms	$3,000
4 Bedrooms	$3,300
All	$2,250

As of September 2026, the average rent for a 1 bedroom apartment in Markham, ON is $1,790 per month, followed by $2,300 for a 2 bedroom apartment, $3,000 for a 3 bedroom apartment, and $3,300 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,300
2 Bedrooms	$1,750
3 Bedrooms	$3,233
4 Bedrooms	$3,950
All	$3,500

As of September 2026, the average rent for a 1 bedroom house in Markham, ON is $1,300 per month, followed by $1,750 for a 2 bedroom house, $3,233 for a 3 bedroom house, and $3,950 for a 4 bedroom house.