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December 2025 · Markham
Average Rent in Markham — December 2025
350 confirmed residential leases in Markham in December 2025. Average rent $2,852/month. Mixed conditions across property types.
Avg Lease Price $2,852/mo
Median Lease $2,775/mo
Avg Asking $2,896/mo
Lease / Ask 98.5%
Leased Over Asking 5.7%
Avg DOM 48 days
Total Leased
350
all residential
Avg Lease Price
$2,852
per month
Median Lease
$2,775
mid-point
Lease / Ask
98.5%
avg ratio
Over Asking
5.7%
of all leases
Avg DOM
48
days on market
Lease Prices by Property Type
Markham · December 2025
💰 Lease Price Summary
Average Lease $2,852/mo
Median Lease $2,775/mo
Avg Asking Rent $2,896/mo
Lowest Lease $750
Highest Lease $6,500
Lease / Ask Ratio 98.5%
📊 Market Activity
Leased over asking 5.7%
Leased at asking 53.1%
Leased under asking 41.1%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.7% over vs 41.1% under asking.
💰 Lease Price Summary
Average Lease $2,635/mo
Median Lease $2,500/mo
Avg Asking Rent $2,667/mo
Lowest Lease $1,900
Highest Lease $6,500
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 2.6%
Leased at asking 59.5%
Leased under asking 37.9%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 2.6% over vs 37.9% under asking.
💰 Lease Price Summary
Average Lease $3,139/mo
Median Lease $3,300/mo
Avg Asking Rent $3,197/mo
Lowest Lease $750
Highest Lease $6,200
Lease / Ask Ratio 98.2%
📊 Market Activity
Leased over asking 11.9%
Leased at asking 47.5%
Leased under asking 40.6%
Avg Days on Market 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.9% over vs 40.6% under asking.
💰 Lease Price Summary
Average Lease $3,036/mo
Median Lease $3,100/mo
Avg Asking Rent $3,090/mo
Lowest Lease $1,200
Highest Lease $4,450
Lease / Ask Ratio 98.2%
📊 Market Activity
Leased over asking 5.2%
Leased at asking 44.2%
Leased under asking 50.6%
Avg Days on Market 51 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50.6% leased below asking. Avg 51 days on market.
🏗
No multi-unit data for December 2025
Not enough multi-unit lease transactions in
Markham this month to generate a summary.
Nearby Cities · December 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,708 | $2,500 | 99.2% | 44d | ⚖️ Balanced |
| Richmond Hill | $3,001 | $2,950 | 99.0% | 44d | ⚖️ Balanced |
| Pickering | $2,665 | $2,700 | 99.8% | 44d | ⚖️ Balanced |
| Whitchurch Stouffville | $3,064 | $3,100 | 98.2% | 50d | ⚖️ Balanced |
| Ajax | $2,664 | $2,875 | 99.4% | 42d | ⚖️ Balanced |
| Uxbridge | $3,055 | $3,250 | 101.8% | 51d | ⚖️ Balanced |
Frequently Asked Questions
Markham · December 2025
The average confirmed lease in Markham was $2,852/month in December 2025,
based on 350 MLS® transactions. The median was
$2,775/month.
Condos averaged $2,635/mo, freehold averaged $3,139/mo, and townhouses averaged $3,036/mo.
Units in Markham took an average of 48 days to lease in December 2025.
Freehold rentals averaged 52 days while condos averaged 45 days.
In December 2025, condos averaged $2,635/month while freehold rentals averaged $3,139/month —
a difference of $504/month.
Markham averaged $2,852/month in December 2025. Richmond Hill averaged $3,001/mo. Toronto averaged $2,708/mo. See the full December 2025 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.
