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April 2026 · Markham
Average Rent in Markham — April 2026
435 confirmed residential leases in Markham in April 2026. Average rent $2,763/month. Mixed conditions across property types.
Avg Lease Price $2,763/mo
Median Lease $2,600/mo
Avg Asking $2,809/mo
Lease / Ask 98.4%
Leased Over Asking 6%
Avg DOM 45 days
Previous Months
Total Leased
435
all residential
Avg Lease Price
$2,763
per month
Median Lease
$2,600
mid-point
Lease / Ask
98.4%
avg ratio
Over Asking
6%
of all leases
Avg DOM
45
days on market
Lease Prices by Property Type
Markham · April 2026
💰 Lease Price Summary
Average Lease $2,763/mo
Median Lease $2,600/mo
Avg Asking Rent $2,809/mo
Lowest Lease $800
Highest Lease $7,500
Lease / Ask Ratio 98.4%
📊 Market Activity
Leased over asking 6.0%
Leased at asking 48.3%
Leased under asking 45.7%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 6% over vs 45.7% under asking.
💰 Lease Price Summary
Average Lease $2,526/mo
Median Lease $2,400/mo
Avg Asking Rent $2,561/mo
Lowest Lease $1,200
Highest Lease $6,400
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 5.1%
Leased at asking 54.3%
Leased under asking 40.6%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.1% over vs 40.6% under asking.
💰 Lease Price Summary
Average Lease $3,131/mo
Median Lease $3,200/mo
Avg Asking Rent $3,187/mo
Lowest Lease $800
Highest Lease $7,500
Lease / Ask Ratio 98.3%
📊 Market Activity
Leased over asking 12.2%
Leased at asking 40.0%
Leased under asking 47.8%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.2% over vs 47.8% under asking.
💰 Lease Price Summary
Average Lease $3,063/mo
Median Lease $3,200/mo
Avg Asking Rent $3,128/mo
Lowest Lease $1,200
Highest Lease $5,000
Lease / Ask Ratio 97.9%
📊 Market Activity
Leased over asking 1.8%
Leased at asking 38.2%
Leased under asking 60.0%
Avg Days on Market 54 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 60% leased below asking. Avg 54 days on market.
💰 Lease Price Summary
Average Lease $2,045/mo
Median Lease $1,790/mo
Avg Asking Rent $2,070/mo
Lowest Lease $1,600
Highest Lease $3,000
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 75.0%
Leased under asking 25.0%
Avg Days on Market 39 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 25% under asking.
Nearby Cities · April 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,646 | $2,450 | 99.1% | 49d | ⚖️ Balanced |
| Richmond Hill | $2,956 | $2,900 | 99.1% | 53d | ⚖️ Balanced |
| Pickering | $2,560 | $2,550 | 99.4% | 42d | ⚖️ Balanced |
| Whitchurch Stouffville | $2,848 | $2,850 | 98.0% | 51d | ⚖️ Balanced |
| Ajax | $2,631 | $2,750 | 100.0% | 50d | ⚖️ Balanced |
| Uxbridge | $2,450 | $2,250 | 97.4% | 40d | ⚖️ Balanced |
Frequently Asked Questions
Markham · April 2026
The average confirmed lease in Markham was $2,763/month in April 2026,
based on 435 MLS® transactions. The median was
$2,600/month.
Condos averaged $2,526/mo, freehold averaged $3,131/mo, and townhouses averaged $3,063/mo.
Units in Markham took an average of 45 days to lease in April 2026.
Freehold rentals averaged 44 days while condos averaged 44 days.
In April 2026, condos averaged $2,526/month while freehold rentals averaged $3,131/month —
a difference of $605/month.
Markham averaged $2,763/month in April 2026. Whitchurch Stouffville averaged $2,848/mo. Toronto averaged $2,646/mo. See the full April 2026 Ontario lease summary →
Looking to rent in Markham?
Browse available rentals or connect with a local agent who knows the rental market.
Data note: Based on MLS® confirmed lease transaction data held in our system for Markham, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
