What's the average rent in Peterborough, ON?

Rental Market Trends in Peterborough, ON

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Peterborough, ON is $1,950 per month, which is about the same as the national average rent of $1,932 per month.

AVERAGE RENT

$1,950

4.8%$89 increase month-over-month

-5.3%-$109 decrease year-over-year

AVAILABLE RENTALS

113

APARTMENTS

$1,876

HOUSES

$2,800

TOWNHOUSES

$1,795

As of November 2026, townhomes are the most affordable rental option in Peterborough, ON at $1,795 per month, while houses are the most expensive at $2,800 per month. Apartments average $1,876 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,500
2 Bedrooms	$1,895
3 Bedrooms	$2,175
4 Bedrooms	$2,900
All	$1,950

As of November 2026, the average rent for a 1 bedroom rental in Peterborough, ON is $1,500 per month, followed by $1,895 for a 2 bedroom rental, $2,175 for a 3 bedroom rental, and $2,900 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,300
2 Bedrooms	$1,450
3 Bedrooms	$2,400
4 Bedrooms	$2,767
All	$1,795

As of November 2026, the average rent for a 1 bedroom townhome in Peterborough, ON is $1,300 per month, followed by $1,450 for a 2 bedroom townhome, $2,400 for a 3 bedroom townhome, and $2,767 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,875
3 Bedrooms	$2,100
4 Bedrooms	$650
All	$1,875

As of November 2026, the average rent for a 1 bedroom apartment in Peterborough, ON is $1,350 per month, followed by $1,875 for a 2 bedroom apartment, $2,100 for a 3 bedroom apartment, and $650 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$700
2 Bedrooms	$1,850
3 Bedrooms	$2,500
4 Bedrooms	$3,400
All	$2,800

As of November 2026, the average rent for a 1 bedroom house in Peterborough, ON is $700 per month, followed by $1,850 for a 2 bedroom house, $2,500 for a 3 bedroom house, and $3,400 for a 4 bedroom house.