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There are currently 19 for rent bungalow listings in Waterloo, Ontario with an average price of $2,370 CAD.

Listings:
19
Avg. Price:
$2,370
Map View
553 Teakwood Drive B, Waterloo, ON N2L 4L5 - Property 1
FOR LEASE
$2,950/mo
553 Teakwood Drive B, Waterloo
4 bed • 1 bath • 3 parking•New
365 Dale Crescent, Waterloo, ON N2J 3Y6 - Property 1
FOR LEASE
$750/mo
365 Dale Crescent, Waterloo
2 bed • 2 bath • 5 parking•New
13 Lowell Street S (Basement), Waterloo, ON N1R 5C8 - Property 1
FOR LEASE
$1,700/mo
13 Lowell Street S (Basement), Waterloo
2 bed • 1 bath • 1 parking
31 Erbsville Court ROOM A, Waterloo, ON N2J 3Z4 - Property 1
FOR LEASE
$900/mo
31 Erbsville Court Room A, Waterloo
1 bed • 1 bath • 1 parking
31 Erbsville Court ROOM B, Waterloo, ON N2J 3Z4 - Property 1
FOR LEASE
$900/mo
31 Erbsville Court Room B, Waterloo
1 bed • 1 bath • 1 parking
31 Erbsville Court ROOM C, Waterloo, ON N2J 3Z4 - Property 1
FOR LEASE
$800/mo
31 Erbsville Court Room C, Waterloo
1 bed • 1 bath • 1 parking
615 Dogwood Lane, Waterloo, ON N2L 4Y2 - Property 1
FOR LEASE
$2,450/mo
615 Dogwood Lane, Waterloo
3 bed • 1 bath • 1 parking
615 Dogwood Lane, Waterloo, ON N2L 4Y2 - Property 1
FOR LEASE
$1,599/mo
615 Dogwood Lane, Waterloo
2 bed • 1 bath • 1 parking
7 Cardill Crescent Room A, Waterloo, ON N2L 3Y7 - Property 1
FOR LEASE
$850/mo
7 Cardill Crescent Room A, Waterloo
4 bed • 1 bath • 0 parking
7 Cardill Crescent, Waterloo, ON N2L 3Y7 - Property 1
FOR LEASE
$2,200/mo
7 Cardill Crescent, Waterloo
3 bed • 1 bath • 0 parking
276 Sunview Street, Waterloo, ON N2L 3V9 - Property 1
FOR LEASE
$3,575/mo
276 Sunview Street, Waterloo
5 bed • 2 bath • 5 parking
521 Havelock Drive, Waterloo, ON N2L 4N8 - Property 1
FOR LEASE
$1,800/mo
521 Havelock Drive, Waterloo
3 bed • 1 bath • 1 parking

Waterloo Bungalow Market Trends & Statistics

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

Seller's Market(332% SNR)
Median Sold (6M)
$745,000
-0.7% YoY
Avg. Days on Market
25 Days
6-month closed average
Sold (6M) / Active
166 / 50
Closed vs active inventory
6M / 2Y Price Change
-1.8% (6M)
2Y trend: -7.1%
Nov 26: Median $687,500 • 18 sold • 30 DOMHover or tap points to inspect monthly data
$640k$688k$735k$783k$830kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Waterloo Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$745,00016625 days50
1 Year$740,00024527 days50
3 Years$750,00046126 days50
5 Years$750,00046126 days50

Bungalow Rental Market Dynamics in Waterloo

The bungalow rental market in Waterloo currently features 19 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 Waterloo provide exceptional comfort and privacy.

Prospective tenants in Waterloo 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 Waterloo

BedroomsAvg. PriceActive Listings
2 Beds$1,5754
3 Beds$2,3586
4 Beds$2,8252
5+ Beds$3,5382

Waterloo Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in Waterloo is essential for competitive lease applications. Active MLS® inventory shows entry-level bungalow rentals starting at $2K, while renovated full-home properties and executive bungalows lease for up to $4K. The average bungalow rental in Waterloo currently commands approximately $2K per month.

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

Secondary Suites, ADUs & Investment Potential in Waterloo

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

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Waterloo.

The average monthly lease price for a bungalow in Waterloo 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.