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June 2026 · Markham
Average Rent in Markham — June 2026
506 confirmed residential leases in Markham in June 2026. Average rent $2,884/month. Mixed conditions across property types.
Avg Lease Price $2,884/mo
Median Lease $2,800/mo
Avg Asking $2,908/mo
Lease / Ask 99.2%
Leased Over Asking 9.9%
Avg DOM 24 days
Previous Months
Total Leased
506
all residential
Avg Lease Price
$2,884
per month
Median Lease
$2,800
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
9.9%
of all leases
Avg DOM
24
days on market
Lease Prices by Property Type
Markham · June 2026
💰 Lease Price Summary
Average Lease $2,884/mo
Median Lease $2,800/mo
Avg Asking Rent $2,908/mo
Lowest Lease $800
Highest Lease $7,500
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 9.9%
Leased at asking 58.3%
Leased under asking 31.8%
Avg Days on Market 24 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.9% over vs 31.8% under asking.
💰 Lease Price Summary
Average Lease $2,589/mo
Median Lease $2,500/mo
Avg Asking Rent $2,612/mo
Lowest Lease $1,550
Highest Lease $4,800
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 7.7%
Leased at asking 57.5%
Leased under asking 34.8%
Avg Days on Market 22 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.7% over vs 34.8% under asking.
💰 Lease Price Summary
Average Lease $3,231/mo
Median Lease $3,450/mo
Avg Asking Rent $3,256/mo
Lowest Lease $800
Highest Lease $7,500
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 13.9%
Leased at asking 59.6%
Leased under asking 26.5%
Avg Days on Market 28 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.9% over vs 26.5% under asking.
💰 Lease Price Summary
Average Lease $3,252/mo
Median Lease $3,300/mo
Avg Asking Rent $3,274/mo
Lowest Lease $1,499
Highest Lease $4,750
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 61.8%
Leased under asking 29.1%
Avg Days on Market 20 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 29.1% under asking.
💰 Lease Price Summary
Average Lease $1,760/mo
Median Lease $1,700/mo
Avg Asking Rent $1,760/mo
Lowest Lease $1,500
Highest Lease $2,200
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 80.0%
Leased under asking 0.0%
Avg Days on Market 34 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 0% under asking.
Nearby Cities · June 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,753 | $2,500 | 99.4% | 23d | ⚖️ Balanced |
| Richmond Hill | $3,033 | $3,000 | 99.3% | 27d | ⚖️ Balanced |
| Pickering | $2,731 | $2,750 | 99.7% | 28d | ⚖️ Balanced |
| Whitchurch Stouffville | $3,258 | $3,250 | 99.5% | 28d | ⚖️ Balanced |
| Ajax | $2,578 | $2,800 | 100.2% | 25d | ⚖️ Balanced |
| Uxbridge | $2,910 | $3,000 | 102.5% | 45d | ⚖️ Balanced |
Frequently Asked Questions
Markham · June 2026
The average confirmed lease in Markham was $2,884/month in June 2026,
based on 506 MLS® transactions. The median was
$2,800/month.
Condos averaged $2,589/mo, freehold averaged $3,231/mo, and townhouses averaged $3,252/mo.
Units in Markham took an average of 24 days to lease in June 2026.
Freehold rentals averaged 28 days while condos averaged 22 days.
In June 2026, condos averaged $2,589/month while freehold rentals averaged $3,231/month —
a difference of $642/month.
Markham averaged $2,884/month in June 2026. Uxbridge averaged $2,910/mo. Toronto averaged $2,753/mo. See the full June 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.
