What's the average rent in Peterborough, ON?

Rental Market Trends in Peterborough, ON

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Peterborough, ON is $1,900 per month, which is 2% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,900

-3.5%-$70 decrease month-over-month

-11.6%-$249 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,914

HOUSES

$3,000

TOWNHOUSES

$1,945

As of September 2026, apartments are the most affordable rental option in Peterborough, ON at $1,914 per month, while houses are the most expensive at $3,000 per month. Townhomes average $1,945 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	$1,899
3 Bedrooms	$2,100
4 Bedrooms	$3,500
All	$1,900

As of September 2026, the average rent for a 1 bedroom rental in Peterborough, ON is $1,600 per month, followed by $1,899 for a 2 bedroom rental, $2,100 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$725
2 Bedrooms	$1,945
3 Bedrooms	$2,095
4 Bedrooms	—
All	$1,945

As of September 2026, the average rent for a 1 bedroom townhome in Peterborough, ON is $725 per month, followed by $1,945 for a 2 bedroom townhome, and $2,095 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	$1,899
3 Bedrooms	$2,100
4 Bedrooms	$2,250
All	$1,850

As of September 2026, the average rent for a 1 bedroom apartment in Peterborough, ON is $1,600 per month, followed by $1,899 for a 2 bedroom apartment, $2,100 for a 3 bedroom apartment, and $2,250 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$650
3 Bedrooms	$2,800
4 Bedrooms	$3,500
All	$3,000

As of September 2026, the average rent for a 2 bedroom house in Peterborough, ON is $650 per month, followed by $2,800 for a 3 bedroom house, and $3,500 for a 4 bedroom house.