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There are currently 24 for rent bungalow listings in London, Ontario with an average price of $2,214 CAD.

Listings:
24
Avg. Price:
$2,214

London Bungalow Market Trends & Statistics

Verified MLS® bungalow pricing, sales velocity, and historical inventory data.

Seller's Market(206% SNR)
Median Sold (6M)
$550,000
-5.2% YoY
Avg. Days on Market
33 Days
6-month closed average
Sold (6M) / Active
1,275 / 619
Closed vs active inventory
6M / 2Y Price Change
-5.1% (6M)
2Y trend: -7.1%
Nov 26: Median $526,000 • 143 sold • 39 DOMHover or tap points to inspect monthly data
$500k$523k$545k$568k$590kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

London Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$550,0001,27533 days619
1 Year$550,0001,97833 days619
3 Years$565,0004,19630 days619
5 Years$565,0004,19630 days619

Bungalow Rental Market Dynamics in London

The bungalow rental market in London currently features 24 verified single-storey lease listings on the MLS®. Offering tenants private fenced yards, multi-car driveways, and expansive single-level living without condo maintenance fees, detached bungalows in London provide exceptional comfort and privacy.

Prospective tenants in London can choose from traditional detached brick bungalows, raised bungalows with bright above-grade lower levels, and modern bungalofts featuring main-floor primary suites.

Average Prices by Bedroom in London

BedroomsAvg. PriceActive Listings
1 Bed$1,5427
2 Beds$1,78427
3 Beds$2,18654
4 Beds$2,59911
5+ Beds$3,34212

London Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in London is essential for competitive lease applications. Active MLS® inventory shows entry-level bungalow rentals starting at $1K, while renovated full-home properties and executive bungalows lease for up to $8K. The average bungalow rental in London currently commands approximately $2K per month.

Because land value represents the overwhelming majority of a bungalow's total equity in London, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.

Secondary Suites, ADUs & Investment Potential in London

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in London, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in London can readily accommodate legal secondary dwelling units, multi-generational in-law suites, or detached additional residential units (garden suites).

This dual-income capability provides substantial rental cash flow to offset mortgage costs, making bungalows in London exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.

Top Neighborhoods in London

Exploring sub-areas within London can help buyers compare average prices and active inventory across communities.

NeighborhoodAvg. PriceListings
East H$2,1998
South X$1,8458
East D$1,9938
South J$2,1467
East O$2,4656
East C$2,3856
East K$2,0875
North N$1,9985
East I$2,4505
South D$1,8755

Accessibility, Aging-in-Place & Downsizer Demand in London

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in London deliver unparalleled convenience for downsizers and retirees prioritizing accessible, single-level living. Combined with established neighbourhood amenities, proximity to GO transit corridors, top-rated school catchments, and lakefront or ravine conservation areas, purchasing a bungalow in London represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in London.

The average monthly lease price for a bungalow in London is currently $2K, based on real-time MLS® market inventory. Individual values vary depending on lot frontage and depth, interior renovations, and whether the lower level is finished with a legal separate-entrance suite.