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There are currently 39 for rent bungalow listings in Newmarket, Ontario with an average price of $2,144 CAD.

Listings:
39
Avg. Price:
$2,144

Newmarket Bungalow Market Trends & Statistics

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

Seller's Market(201.7% SNR)
Median Sold (6M)
$850,000
-10.7% YoY
Avg. Days on Market
29 Days
6-month closed average
Sold (6M) / Active
119 / 59
Closed vs active inventory
6M / 2Y Price Change
-6.3% (6M)
2Y trend: -9.5%
Nov 26: Median $850,250 • 16 sold • 33 DOMHover or tap points to inspect monthly data
$790k$833k$875k$918k$960kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Newmarket Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$850,00011929 days59
1 Year$855,00019130 days59
3 Years$915,00039128 days59
5 Years$915,00039128 days59

Bungalow Rental Market Dynamics in Newmarket

The bungalow rental market in Newmarket currently features 39 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 Newmarket provide exceptional comfort and privacy.

Prospective tenants in Newmarket 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 Newmarket

BedroomsAvg. PriceActive Listings
1 Bed$1,69010
2 Beds$1,79018
3 Beds$2,38917
4 Beds$3,8002
5+ Beds$3,8652

Newmarket Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in Newmarket 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 $4K. The average bungalow rental in Newmarket currently commands approximately $2K per month.

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

Secondary Suites, ADUs & Investment Potential in Newmarket

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

Top Neighborhoods in Newmarket

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

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Newmarket.

The average monthly lease price for a bungalow in Newmarket 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.