Wetlands represent one of the world's most biodiverse and threatened ecosystem types and were diminished globally by about two‐thirds in the 20th century. There is continuing decline in wetland quantity and function due to infilling and other human activities. In addition, with climate change, warmer temperatures and changes in precipitation and evapotranspiration are reducing wetland surface and groundwater supplies, further altering wetland hydrology and vegetation. There is a need to automate inventory and monitoring of wetlands, and as a study system, we investigated the Shepard Slough wetlands complex, which includes numerous wetlands in urban, suburban, and agricultural zones in the prairie pothole region of southern Alberta, Canada. Here, wetlands are generally confined to depressions in the undulating terrain, challenging wetlands inventory and monitoring. This study applied threshold and frequency analysis routines for high‐resolution, single‐polarization (HH) RADARSAT‐2, synthetic aperture radar mapping. This enabled a growing season surface water extent hyroperiod‐based wetland classification, which can support water and wetland resource monitoring. This 3‐year study demonstrated synthetic aperture radar‐derived multitemporal open‐water masks provided an effective index of wetland permanence class, with overall accuracies of 89% to 95% compared with optical validation data, and RMSE between 0.2 and 0.7 m between model and field validation data. This allowed for characterizing the distribution and dynamics of 4 marsh wetlands hydroperiod classes, temporary, seasonal, semipermanent, and permanent, and mapping of the sequential vegetation bands that included emergent, obligate wetland, facultative wetland, and upland plant communities. Hydroperiod variation and surface water extent were found to be influenced by short‐term rainfall events in both wet and dry years. Seasonal hydroperiods in wetlands were particularly variable if there was a decrease in the temporary or semipermanent hydroperiod classes. In years with extreme rain events, the temporary wetlands especially increased relative to longer lasting wetlands (84% in 2015 with significant rainfall events, compared with 42% otherwise).