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July 2026 · Markham
Average Rent in Markham — July 2026
560 confirmed residential leases in Markham in July 2026. Average rent $2,832/month. Mixed conditions across property types.
Avg Lease Price $2,832/mo
Median Lease $2,800/mo
Avg Asking $2,858/mo
Lease / Ask 99.1%
Leased Over Asking 6.8%
Avg DOM 26 days
Previous Months
Total Leased
560
all residential
Avg Lease Price
$2,832
per month
Median Lease
$2,800
mid-point
Lease / Ask
99.1%
avg ratio
Over Asking
6.8%
of all leases
Avg DOM
26
days on market
Lease Prices by Property Type
Markham · July 2026
💰 Lease Price Summary
Average Lease $2,832/mo
Median Lease $2,800/mo
Avg Asking Rent $2,858/mo
Lowest Lease $750
Highest Lease $6,500
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 6.8%
Leased at asking 58.9%
Leased under asking 34.3%
Avg Days on Market 26 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.8% over vs 34.3% under asking.
💰 Lease Price Summary
Average Lease $2,553/mo
Median Lease $2,400/mo
Avg Asking Rent $2,576/mo
Lowest Lease $1,850
Highest Lease $3,800
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 4.9%
Leased at asking 58.8%
Leased under asking 36.3%
Avg Days on Market 25 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.9% over vs 36.3% under asking.
💰 Lease Price Summary
Average Lease $3,280/mo
Median Lease $3,350/mo
Avg Asking Rent $3,307/mo
Lowest Lease $750
Highest Lease $6,500
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 9.0%
Leased at asking 60.4%
Leased under asking 30.6%
Avg Days on Market 29 days
Fast · 050Slow · 100+
⚖️ Balanced — 9% over vs 30.6% under asking.
💰 Lease Price Summary
Average Lease $3,152/mo
Median Lease $3,200/mo
Avg Asking Rent $3,183/mo
Lowest Lease $1,000
Highest Lease $4,600
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 9.2%
Leased at asking 55.8%
Leased under asking 35.0%
Avg Days on Market 24 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.2% over vs 35% under asking.
💰 Lease Price Summary
Average Lease $1,667/mo
Median Lease $1,600/mo
Avg Asking Rent $1,810/mo
Lowest Lease $1,200
Highest Lease $2,200
Lease / Ask Ratio 92.1%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 33.3%
Leased under asking 66.7%
Avg Days on Market 138 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 66.7% leased below asking. Avg 138 days on market.
Nearby Cities · July 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,771 | $2,500 | 99.7% | 22d | ⚖️ Balanced |
| Richmond Hill | $3,019 | $2,885 | 99.6% | 25d | ⚖️ Balanced |
| Pickering | $2,660 | $2,625 | 99.6% | 21d | ⚖️ Balanced |
| Whitchurch Stouffville | $2,938 | $3,100 | 98.8% | 26d | ⚖️ Balanced |
| Ajax | $2,645 | $2,895 | 99.9% | 28d | ⚖️ Balanced |
| Uxbridge | $3,140 | $3,200 | 100.0% | 11d | ⚖️ Balanced |
Frequently Asked Questions
Markham · July 2026
The average confirmed lease in Markham was $2,832/month in July 2026,
based on 560 MLS® transactions. The median was
$2,800/month.
Condos averaged $2,553/mo, freehold averaged $3,280/mo, and townhouses averaged $3,152/mo.
Units in Markham took an average of 26 days to lease in July 2026.
Freehold rentals averaged 29 days while condos averaged 25 days.
In July 2026, condos averaged $2,553/month while freehold rentals averaged $3,280/month —
a difference of $727/month.
Markham averaged $2,832/month in July 2026. Whitchurch Stouffville averaged $2,938/mo. Toronto averaged $2,771/mo. See the full July 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.
