Markham, ON rental market

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Last updated August 8, 2025

Rental market summary

The average rent for all bedrooms and all property types in Markham, ON is $2,700.

Average rent

$2,700

Month-over-month change

+$100

Year-over-year change

-$200

Available rentals

861

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $700 to $20,000.

Rent frequencies
Rent priceNumber of rental properties
$6001
$7001
$8008
$90011
$1,0002
$1,1009
$1,2009
$1,30014
$1,40024
$1,50030
$1,60028
$1,70036
$1,80043
$1,90057
$2,00037
$2,10033
$2,20060
$2,30068
$2,40090
$2,50083
$2,60032
$2,70022
$2,80031
$2,90046
$3,00032
$3,10040
$3,20056
$3,30047
$3,40051
$3,50050
$3,60033
$3,70041
$3,80031
$3,90036
$4,00026
$4,10012
$4,20016
$4,3008
$4,40021
$4,50019
$4,6005
$4,7005
$4,8007
$4,90015
$5,000+37

Average rent price over time

In the last year, rent has decreased by $200 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$3,060$2,850
Feb$2,850$2,749
Mar$2,750$2,700
Apr$2,700$2,650
May$2,600$2,780
Jun$2,600$2,550
Jul$2,750$2,599
Aug$2,850$2,700
Sep$3,000No data
Oct$3,000No data
Nov$2,980No data
Dec$2,900No data

Market temperature

The Markham, ON rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Markham, ON is 29% higher than the national average.

Markham, ONvs.

$2,700

$2,100

Rent in Markham, ON

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Frequently asked questions

1. What is the average rent in Markham, ON?

The average rent in Markham, ON is $2,700.

2. How much does it cost to rent a house in Markham, ON?

Houses in Markham, ON rent between $700 - $20,000 with an average rent of $2,700.

3. How has the rent in Markham, ON changed in the last year?

In the last year, the rent in Markham, ON decreased by $200

4. How much has the rent in Markham, ON increased/decreased in the last month?

In the last month, the rent in Markham, ON increased by $100

5. How many available rentals are there in Markham, ON?

There are currently 861 rentals available in Markham, ON.

6. How do rent prices in Markham, ON compare with the national average?

The average rent in Markham, ON is $2,700 — 28.57% higher the national average of $2,100.