Markham city: Median Gross Rent Trend
How Markham city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,121
2023
$1,689
Total change
+$568
% change
+50.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,121 | — |
| 2019 | $1,261 | +$140 (12.5%) |
| 2020 | $1,362 | +$101 (8%) |
| 2021 | $1,477 | +$115 (8.4%) |
| 2022 | $1,595 | +$118 (8%) |
| 2023 | $1,689 | +$94 (5.9%) |