What's the average rent in Peterborough, ON?

Rental Market Trends in Peterborough, ON

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Peterborough, ON is $1,900 per month, which is 3% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,900

-2.6%-$50 decrease month-over-month

-8.7%-$181 decrease year-over-year

AVAILABLE RENTALS

108

APARTMENTS

$1,801

HOUSES

$2,900

TOWNHOUSES

$2,245

As of July 2026, apartments are the most affordable rental option in Peterborough, ON at $1,801 per month, while houses are the most expensive at $2,900 per month. Townhomes average $2,245 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,649
2 Bedrooms	$1,950
3 Bedrooms	$2,245
4 Bedrooms	$3,100
All	$1,900

As of July 2026, the average rent for a 1 bedroom rental in Peterborough, ON is $1,649 per month, followed by $1,950 for a 2 bedroom rental, $2,245 for a 3 bedroom rental, and $3,100 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$855
2 Bedrooms	$2,950
3 Bedrooms	$2,245
4 Bedrooms	$3,100
All	$2,245

As of July 2026, the average rent for a 1 bedroom townhome in Peterborough, ON is $855 per month, followed by $2,950 for a 2 bedroom townhome, $2,245 for a 3 bedroom townhome, and $3,100 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,500
2 Bedrooms	$1,950
3 Bedrooms	$2,100
4 Bedrooms	$2,400
All	$1,875

As of July 2026, the average rent for a 1 bedroom apartment in Peterborough, ON is $1,500 per month, followed by $1,950 for a 2 bedroom apartment, $2,100 for a 3 bedroom apartment, and $2,400 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$650
2 Bedrooms	$750
3 Bedrooms	$2,350
4 Bedrooms	$3,150
All	$2,900

As of July 2026, the average rent for a 1 bedroom house in Peterborough, ON is $650 per month, followed by $750 for a 2 bedroom house, $2,350 for a 3 bedroom house, and $3,150 for a 4 bedroom house.