Condos for Rent in Cedarwood, Markham, ON
Loading homes in Cedarwood…
No listings match these filters in this area.
Try zooming out or widening your filters.
Neighbourhood in Markham
Cedarwood
Cedarwood is a residential neighbourhood in Markham, Ontario. It offers a mix of housing options and a family-friendly environment.
At a glance
Listed 2 days ago
Unit 5, 39 New Delhi Drive S
Markham (Cedarwood), ON L3S 0E1
Condo ApartmentFor Rent
Listed 2 days ago
Unit 521, 7325 Markham Road
Markham (Cedarwood), ON L3S 0C9
Condo ApartmentFor Rent
Listed 3 days ago
Unit 814, 7325 Markham Road
Markham (Cedarwood), ON L3S 3J9
Condo ApartmentFor Rent
Listed 6 days ago
Unit 228, 7325 Markham Road
Markham (Cedarwood), ON L3S 0C9
Condo ApartmentFor Rent
Day to dayLivability
7.4
Schools near listings
out of 10 · averaged over 783 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$899,495
In Cedarwood
$899,495
In Markham
$1,088,000
In Ontario
$715,000
Median monthly rent
$2,325/mo
In Cedarwood
$2,325
In Markham
$2,490
In Ontario
$2,500
≈ 32.2 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
18
Median $899,495
Houses 12 · Condos 6
For rent
29
Median $2,325
Houses 20 · Condos 9
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-11. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Family-friendly atmosphere
- Strong community with many families
- Good school ratings
- Diverse housing options
- High home ownership rate
Keep in mind
- Prices are above the city median
- Limited public transit options
- Higher rent strain for renters
The feel of the placeLifestyle
Daily life in Cedarwood is calm and community-focused, with parks and schools nearby. It is suitable for families and those who enjoy a suburban feel.
Within the boundaryWhat's nearby
The boundary
2.4 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
4
Parks
3
Playgrounds
1
Grocery stores
2
Restaurants
1
Cafés
1
Pharmacies
Counted across all 2.4 km² of Cedarwood. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
7.4/10
Average rating of the 1 rated school in this area
1
Elementary
1
Secondary
Cedarwood Public School
Public · Grades JK–8 · York Region DSB
7.4/107.5 over 5 yrs626th of 3,045 Ontario elementary schools
615 students · EQAO 2024-2025
Ustudy Learning Center
Independent
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Cedarwood, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
9,737
Population (2021)
4.0 km²
Area
2,422
People per km²
35.6
Median age
$110,000
Median income
80%
Own their home
3.8
People per household
2,560
Households
Every age
- Children (under 15)19.2%
- Working age (15–64)69.3%
- Seniors (65+)11.5%
What is built here
- Detached houses55.2%
- Semi-detached17.9%
- Townhouses4.1%
- Duplexes6.2%
- High-rise apartments16.6%
Own or rent
80%Owners
20%Renters
Across 2,560 households
When it was built
Mostly 2001–2005
- 1960 or earlier1%
- 1961–19801%
- 1981–19901%
- 1991–200016%
- 2001–200532%
- 2006–201016%
- 2011–20156%
- 2016–202128%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 61.6%
- Born outside Canada
- 32.5%
- Hold a degree or higher
- 53.4%
- Employment rate
- 8.2%
- Commute by transit
- 87.9%
- Commute by car
- 1.9
- Children per family
- $98,000
- Median income after tax
- $129,400
- Average household income
- 7.7%
- Living on a low income
- $2,100/mo
- Renters pay, per month
- $2,340/mo
- Owners pay, per month
- $1,000,000
- Median home value at census
- 47.5%
- Renters spending 30%+ of income on housing
- 33.7%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 1 census area inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry
What condos in Cedarwood actually rent for
16 condos were leased in Cedarwood over the 12 months to September 2026. Half leased above $2,403 and half below, 9.6% lower than the 12 months before. A typical condo found its tenant in 32 days — 11 days slower than a year ago.
- Median rent
- $2,403
- -9.6% year over year
- Days to lease
- 32
- 11 days slower
- Leases closed
- 16
- last 12 months
- Rent per square foot
- $2.81/mo
- from 16 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.
What renters actually paid
$3,000/mo
on a $3,000 asking rent — right at the asking rent
- Of the asking rent
- 100.0%
- Leased over asking
- 0%
From 16 leases that closed here in the last 12 months.
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Cedarwood, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 5 | $2,300 | $2,250 – $2,330 | 26 | 100.0% |
| Jan 2026 | 5 | $2,600 | $2,350 – $2,750 | 52 | 100.0% |
| Oct 2025 | 6 | $2,325 | $2,300 – $2,613 | 19 | 100.0% |
| Sep 2025 | 5 | $2,400 | $2,350 – $2,900 | 18 | 97.5% |
| Aug 2025 | 5 | $2,699 | $2,600 – $2,900 | 19 | 100.0% |
| Jul 2025 | 5 | $2,850 | $2,350 – $2,850 | 27 | 100.0% |
| May 2025 | 5 | $2,500 | $2,350 – $2,700 | 14 | 100.0% |
| Apr 2025 | 5 | $2,650 | $2,650 – $2,900 | 14 | 100.0% |
| Mar 2025 | 5 | $2,700 | $2,350 – $2,700 | 25 | 100.0% |
| Feb 2025 | 5 | $2,800 | $2,600 – $2,800 | 27 | 100.0% |
| Aug 2024 | 10 | $2,825 | $2,538 – $2,975 | 29 | 100.0% |
| Jul 2024 | 6 | $2,600 | $2,350 – $2,888 | 36 | 100.0% |
| Jun 2024 | 5 | $2,800 | $2,750 – $2,950 | 39 | 97.4% |
What people ask about Cedarwood
How much is rent for a condo in Cedarwood?
The median condo lease in Cedarwood closed at $2,403 a month over the 12 months to September 2026, across 16 leases.
Compiled by HOMEH from leases reported closed in Cedarwood on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.