What's the average rent in Peterborough, ON?

Rental Market Trends in Peterborough, ON

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Peterborough, ON is $1,903 per month, which is 1% lower than the national average rent of $1,930 per month.

AVERAGE RENT

$1,903

-4.9%-$97 decrease month-over-month

-4.9%-$97 decrease year-over-year

AVAILABLE RENTALS

108

APARTMENTS

$1,849

HOUSES

$2,990

TOWNHOUSES

$1,875

As of May 2026, apartments are the most affordable rental option in Peterborough, ON at $1,849 per month, while houses are the most expensive at $2,990 per month. Townhomes average $1,875 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,950
3 Bedrooms	$2,200
4 Bedrooms	$2,800
All	$1,903

As of May 2026, the average rent for a 1 bedroom rental in Peterborough, ON is $1,350 per month, followed by $1,950 for a 2 bedroom rental, $2,200 for a 3 bedroom rental, and $2,800 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$825
2 Bedrooms	$1,875
3 Bedrooms	$1,900
4 Bedrooms	$2,395
All	$1,875

As of May 2026, the average rent for a 1 bedroom townhome in Peterborough, ON is $825 per month, followed by $1,875 for a 2 bedroom townhome, $1,900 for a 3 bedroom townhome, and $2,395 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,308
2 Bedrooms	$1,900
3 Bedrooms	$2,100
4 Bedrooms	$2,450
All	$1,895

As of May 2026, the average rent for a 1 bedroom apartment in Peterborough, ON is $1,308 per month, followed by $1,900 for a 2 bedroom apartment, $2,100 for a 3 bedroom apartment, and $2,450 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$650
2 Bedrooms	$675
3 Bedrooms	$3,000
4 Bedrooms	$3,200
All	$2,990

As of May 2026, the average rent for a 1 bedroom house in Peterborough, ON is $650 per month, followed by $675 for a 2 bedroom house, $3,000 for a 3 bedroom house, and $3,200 for a 4 bedroom house.