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There are currently 97 for rent bungalow listings in Richmond Hill, Ontario with an average price of $2,242 CAD.

Listings:
97
Avg. Price:
$2,242
Map View
458 Centre Street E Bsmt - Bachelor Suite #1, Richmond Hill, ON L4C 1B9 - Property 1
FOR LEASE
$1,000/mo
458 Centre Street E Bsmt - Bachelor Suite #1, Richmond Hill
1 bed • 1 bath • 1 parking•New
48 Estate Garden Drive (Lower-Walk Out Unit), Richmond Hill, ON L4E 3V5 - Property 1
FOR LEASE
$2,350/mo
48 Estate Garden Drive (Lower-Walk Out Unit), Richmond Hill
3 bed • 2 bath • 1 parking
445 Taylor Mills Drive N BASEMENT, Richmond Hill, ON L4C 2V1 - Property 1
FOR LEASE
$1,700/mo
445 Taylor Mills Drive N Basement, Richmond Hill
2 bed • 1 bath • 1 parking
63 Oxford Street, Richmond Hill, ON L4C 4L6 - Property 1
FOR LEASE
$2,980/mo
63 Oxford Street, Richmond Hill
4 bed • 1 bath • 6 parking
96 Baker Avenue Lower, Richmond Hill, ON L4C 1X4 - Property 1
FOR LEASE
$2,200/mo
96 Baker Avenue Lower, Richmond Hill
4 bed • 2 bath • 2 parking
207 Maple Avenue Main Level, Richmond Hill, ON L4C 2J4 - Property 1
FOR LEASE
$2,800/mo
207 Maple Avenue Main Level, Richmond Hill
3 bed • 1 bath • 5 parking
388 Becker Road Bsmt, Richmond Hill, ON L4C 2S2 - Property 1
FOR LEASE
$1,850/mo
388 Becker Road Bsmt, Richmond Hill
2 bed • 1 bath • 2 parking
368 Browndale Crescent, Richmond Hill, ON L4C 3J4 - Property 1
FOR LEASE
$2,700/mo
368 Browndale Crescent, Richmond Hill
3 bed • 1 bath • 2 parking
111 Mill Street, Richmond Hill, ON L4C 4A6 - Property 1
FOR LEASE
$3,500/mo
111 Mill Street, Richmond Hill
3 bed • 2 bath • 5 parking
271 Sussex Ave Avenue Bsmt, Richmond Hill, ON L4C 2G6 - Property 1
FOR LEASE
$1,800/mo
271 Sussex Ave Avenue Bsmt, Richmond Hill
2 bed • 1 bath • 1 parking
452 LYNETT Crescent MAIN, Richmond Hill, ON L4C 2V7 - Property 1
FOR LEASE
$2,900/mo
452 Lynett Crescent Main, Richmond Hill
3 bed • 1 bath • 2 parking
25 Gentry Crescent Main, Richmond Hill, ON L4C 2G8 - Property 1
FOR LEASE
$2,600/mo
25 Gentry Crescent Main, Richmond Hill
3 bed • 1 bath • 2 parking
...

Richmond Hill Bungalow Market Trends & Statistics

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

Seller's Market(94% SNR)
Median Sold (6M)
$1,080,000
+11.4% YoY
Avg. Days on Market
35 Days
6-month closed average
Sold (6M) / Active
109 / 116
Closed vs active inventory
6M / 2Y Price Change
+21.5% (6M)
2Y trend: -2.6%
Nov 26: Median $1,178,250 • 14 sold • 43 DOMHover or tap points to inspect monthly data
$910k$1.03M$1.16M$1.28M$1.41MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Richmond Hill Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$1,080,00010935 days116
1 Year$1,080,00017834 days116
3 Years$1,160,00033732 days116
5 Years$1,160,00033732 days116

Bungalow Rental Market Dynamics in Richmond Hill

The bungalow rental market in Richmond Hill currently features 97 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 Richmond Hill provide exceptional comfort and privacy.

Prospective tenants in Richmond Hill 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 Richmond Hill

BedroomsAvg. PriceActive Listings
1 Bed$1,36620
2 Beds$1,81834
3 Beds$2,81728
4 Beds$3,2988
5+ Beds$4,0874

Richmond Hill Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in Richmond Hill 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 $5K. The average bungalow rental in Richmond Hill currently commands approximately $2K per month.

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

Secondary Suites, ADUs & Investment Potential in Richmond Hill

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

Top Neighborhoods in Richmond Hill

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

NeighborhoodAvg. PriceListings
Crosby$1,93651
Mill Pond$2,75618
Harding$2,08315
Oak Ridges Lake Wilcox$2,6884
North Richvale$2,1503
Oak Ridges$2,6702
South Richvale$1,7002
Jefferson$4,8501
Langstaff$3,8501

Accessibility, Aging-in-Place & Downsizer Demand in Richmond Hill

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

Frequently Asked Questions

Everything you need to know about bungalows in Richmond Hill.

The average monthly lease price for a bungalow in Richmond Hill 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.