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There are currently 37 for rent bungalow listings in Markham, Ontario with an average price of $3,035 CAD.

Listings:
37
Avg. Price:
$3,035
Map View
54 Ladyslipper Court Main2nd, Markham, ON L3T 2S7 - Property 1
FOR LEASE
$3,000/mo
54 Ladyslipper Court Main2nd, Markham
3 bed • 1 bath • 2 parking
6 Bakerdale Road Bsmt, Markham, ON L3P 1J4 - Property 1
FOR LEASE
$2,000/mo
6 Bakerdale Road Bsmt, Markham
2 bed • 1 bath • 2 parking
79 Normark Drive, Markham, ON L3T 3R3 - Property 1
FOR LEASE
$1,500/mo
79 Normark Drive, Markham
2 bed • 1 bath • 1 parking
6 Albert Street, Markham, ON L3P 2T2 - Property 1
FOR LEASE
$3,800/mo
6 Albert Street, Markham
5 bed • 2 bath • 4 parking
42 Fred Varley Drive, Markham, ON L3R 1S3 - Property 1
FOR LEASE
$3,900/mo
42 Fred Varley Drive, Markham
4 bed • 3 bath • 6 parking
56 Highland Park Boulevard, Markham, ON L3T 1B3 - Property 1
FOR LEASE
$2,000/mo
56 Highland Park Boulevard, Markham
2 bed • 1 bath • 1 parking
100 Grandview Avenue Bsmt, Markham, ON L3T 1H6 - Property 1
FOR LEASE
$2,200/mo
100 Grandview Avenue Bsmt, Markham
2 bed • 1 bath • 1 parking
82 Charnwood Place, Markham, ON L3T 5H3 - Property 1
FOR LEASE
$4,500/mo
82 Charnwood Place, Markham
5 bed • 4 bath • 4 parking
78 Whistler(Bsmt) Court, Markham, ON L3R 4S9 - Property 1
FOR LEASE
$750/mo
78 Whistler(Bsmt) Court, Markham
2 bed • 1 bath • 2 parking
98 Highland Park Boulevard, Markham, ON L3T 1B7 - Property 1
FOR LEASE
$3,200/mo
98 Highland Park Boulevard, Markham
6 bed • 2 bath • 3 parking
77 Parkway Avenue, Markham, ON L3P 2H1 - Property 1
FOR LEASE
$3,300/mo
77 Parkway Avenue, Markham
3 bed • 2 bath • 5 parking
7658 Ninth Line, Markham, ON L6B 1A8 - Property 1
FOR LEASE
$3,500/mo
7658 Ninth Line, Markham
3 bed • 2 bath • 17 parking

Markham Bungalow Market Trends & Statistics

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

Seller's Market(168.8% SNR)
Median Sold (6M)
$1,200,000
-5.3% YoY
Avg. Days on Market
28 Days
6-month closed average
Sold (6M) / Active
157 / 93
Closed vs active inventory
6M / 2Y Price Change
-4.3% (6M)
2Y trend: -6.4%
Nov 26: Median $1,250,000 • 15 sold • 29 DOMHover or tap points to inspect monthly data
$1.04M$1.13M$1.22M$1.31M$1.40MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Markham Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$1,200,00015728 days93
1 Year$1,250,00023529 days93
3 Years$1,300,00042928 days93
5 Years$1,300,00042928 days93

Bungalow Rental Market Dynamics in Markham

The bungalow rental market in Markham currently features 37 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 Markham provide exceptional comfort and privacy.

Prospective tenants in Markham 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 Markham

BedroomsAvg. PriceActive Listings
1 Bed$1,4426
2 Beds$1,9496
3 Beds$2,80916
4 Beds$3,6997
5+ Beds$5,1867

Markham Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in Markham 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 $9K. The average bungalow rental in Markham currently commands approximately $3K per month.

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

Secondary Suites, ADUs & Investment Potential in Markham

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Markham, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Markham 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 Markham exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.

Top Neighborhoods in Markham

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

NeighborhoodAvg. PriceListings
Royal Orchard$2,1619
Bullock$2,3497
Unionville$3,4905
Thornhill$3,1504
Grandview$2,6244
Sherwood-Amberglen$2,8754
Markham Village$3,2002
Bayview Glen$3,9502
German Mills$1,2001
Old Markham Village$3,8001

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

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Markham 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 Markham represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in Markham.

The average monthly lease price for a bungalow in Markham is currently $3K, 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.