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September 2026 · Markham
Average Rent in Markham — September 2026
362 confirmed residential leases in Markham in September 2026. Average rent $2,854/month. Mixed conditions across property types.
Avg Lease Price $2,854/mo
Median Lease $2,850/mo
Avg Asking $2,885/mo
Lease / Ask 98.9%
Leased Over Asking 5%
Avg DOM 24 days
Previous Months
Total Leased
362
all residential
Avg Lease Price
$2,854
per month
Median Lease
$2,850
mid-point
Lease / Ask
98.9%
avg ratio
Over Asking
5%
of all leases
Avg DOM
24
days on market
Lease Prices by Property Type
Markham · September 2026
💰 Lease Price Summary
Average Lease $2,854/mo
Median Lease $2,850/mo
Avg Asking Rent $2,885/mo
Lowest Lease $980
Highest Lease $6,800
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 5.0%
Leased at asking 60.5%
Leased under asking 34.5%
Avg Days on Market 24 days
Fast · 050Slow · 100+
⚖️ Balanced — 5% over vs 34.5% under asking.
💰 Lease Price Summary
Average Lease $2,650/mo
Median Lease $2,450/mo
Avg Asking Rent $2,675/mo
Lowest Lease $1,500
Highest Lease $4,400
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 3.4%
Leased at asking 62.6%
Leased under asking 34.0%
Avg Days on Market 23 days
Fast · 050Slow · 100+
⚖️ Balanced — 3.4% over vs 34% under asking.
💰 Lease Price Summary
Average Lease $3,101/mo
Median Lease $3,300/mo
Avg Asking Rent $3,141/mo
Lowest Lease $980
Highest Lease $6,800
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 7.8%
Leased at asking 56.7%
Leased under asking 35.6%
Avg Days on Market 32 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.8% over vs 35.6% under asking.
💰 Lease Price Summary
Average Lease $3,136/mo
Median Lease $3,200/mo
Avg Asking Rent $3,167/mo
Lowest Lease $1,450
Highest Lease $4,300
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 6.8%
Leased at asking 59.1%
Leased under asking 34.1%
Avg Days on Market 19 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.8% over vs 34.1% under asking.
💰 Lease Price Summary
Average Lease $1,625/mo
Median Lease $1,625/mo
Avg Asking Rent $1,675/mo
Lowest Lease $1,200
Highest Lease $2,050
Lease / Ask Ratio 97.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 50.0%
Leased under asking 50.0%
Avg Days on Market 37 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 37 days on market.
Nearby Cities · September 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,798 | $2,525 | 99.8% | 21d | ⚖️ Balanced |
| Richmond Hill | $2,952 | $2,900 | 99.4% | 23d | ⚖️ Balanced |
| Pickering | $2,760 | $2,800 | 99.2% | 25d | ⚖️ Balanced |
| Whitchurch Stouffville | $2,723 | $3,000 | 99.7% | 24d | ⚖️ Balanced |
| Ajax | $2,721 | $2,825 | 99.8% | 33d | ⚖️ Balanced |
| Uxbridge | $2,725 | $2,725 | 96.5% | 35d | 🧊 Renter-Friendly |
Frequently Asked Questions
Markham · September 2026
The average confirmed lease in Markham was $2,854/month in September 2026,
based on 362 MLS® transactions. The median was
$2,850/month.
Condos averaged $2,650/mo, freehold averaged $3,101/mo, and townhouses averaged $3,136/mo.
Units in Markham took an average of 24 days to lease in September 2026.
Freehold rentals averaged 32 days while condos averaged 23 days.
In September 2026, condos averaged $2,650/month while freehold rentals averaged $3,101/month —
a difference of $451/month.
Markham averaged $2,854/month in September 2026. Richmond Hill averaged $2,952/mo. Toronto averaged $2,798/mo. See the full September 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.
