Penetanguishene, ON rental market

What is the average rent in Penetanguishene, ON?

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Last updated September 19, 2026

Rental market summary

The average rent for all bedrooms and all property types in Penetanguishene, ON is $2,590.

Average rent

$2,590

Month-over-month change

+$845

Year-over-year change

+$490

Available rentals

6

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,499 to $5,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,6002
$2,5002
$2,7001
$4,900+1

Average rent price over time

In the last year, rent has increased by $490 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$4,995$2,000
Feb$2,200$2,100
Mar$2,200$1,625
Apr$2,200$2,190
May$2,000$2,000
Jun$1,800$1,766
Jul$1,850$1,850
Aug$1,950$1,725
Sep$2,800$1,775
Oct$2,750No data
Nov$2,375No data
Dec$2,000No data

Market temperature

The Penetanguishene, ON rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Penetanguishene, ON is 29% higher than the national average.

Penetanguishene, ONvs.

$2,590

$2,000

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Frequently asked questions

1. What is the average rent in Penetanguishene, ON?

The average rent in Penetanguishene, ON is $2,590.

2. What is the average rent for a studio apartment in Penetanguishene, ON?

The average rent for a studio apartment in Penetanguishene, ON is $1,640 per month.

3. What is the average rent for a one-bedroom apartment in Penetanguishene, ON?

The average rent for a one-bedroom apartment in Penetanguishene, ON is $1,685 per month.

4. What is the average rent for a two-bedroom apartment in Penetanguishene, ON?

The average rent for a two-bedroom apartment in Penetanguishene, ON is $1,761 per month.

5. What is the average rent for a three-bedroom apartment in Penetanguishene, ON?

The average rent for a three-bedroom apartment in Penetanguishene, ON is $2,750 per month.

6. What is the average rent for a four-bedroom apartment in Penetanguishene, ON?

The average rent for a four-bedroom apartment in Penetanguishene, ON is $5,000 per month.

7. How much does it cost to rent a house in Penetanguishene, ON?

Houses in Penetanguishene, ON rent between $1,499 - $5,000 with an average rent of $2,590.

8. How has the rent in Penetanguishene, ON changed in the last year?

In the last year, the rent in Penetanguishene, ON increased by $490

9. How much has the rent in Penetanguishene, ON increased/decreased in the last month?

In the last month, the rent in Penetanguishene, ON increased by $845

10. How many available rentals are there in Penetanguishene, ON?

There are currently 6 rentals available in Penetanguishene, ON.

11. How do rent prices in Penetanguishene, ON compare with the national average?

The average rent in Penetanguishene, ON is $2,590 — 29.5% higher the national average of $2,000.

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