Peterborough, ON rental market

What is the average rent in Peterborough, ON?

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Last updated September 18, 2026

Rental market summary

The average rent for all bedrooms and all property types in Peterborough, ON is $1,850.

Average rent

$1,850

Month-over-month change

$0

Year-over-year change

-$249

Available rentals

122

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $575 to $4,995.

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Rent frequencies
Rent priceNumber of rental properties
$5002
$6008
$70010
$8004
$9001
$1,1001
$1,2008
$1,3007
$1,4001
$1,5003
$1,60012
$1,70020
$1,80019
$1,9008
$2,00011
$2,10014
$2,2004
$2,3002
$2,5003
$2,6002
$2,7004
$2,8007
$2,9008
$3,0004
$3,1002
$3,4004
$3,5004
$3,8001
$4,900+2

Average rent price over time

In the last year, rent has decreased by $249 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,000$2,049
Feb$1,999$2,005
Mar$1,999$1,999
Apr$1,974$1,954
May$2,000$2,000
Jun$1,950$1,949
Jul$2,099$1,900
Aug$2,100$1,875
Sep$2,092$1,875
Oct$2,162No data
Nov$2,050No data
Dec$2,100No data

Market temperature

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

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Peterborough, ON is 7% lower than the national average.

Peterborough, ONvs.

$1,850

$2,000

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Frequently asked questions

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

The average rent in Peterborough, ON is $1,850.

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

The average rent for a studio apartment in Peterborough, ON is $1,164 per month.

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

The average rent for a one-bedroom apartment in Peterborough, ON is $1,599 per month.

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

The average rent for a two-bedroom apartment in Peterborough, ON is $1,875 per month.

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

The average rent for a three-bedroom apartment in Peterborough, ON is $2,100 per month.

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

The average rent for a four-bedroom apartment in Peterborough, ON is $2,056 per month.

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

Houses in Peterborough, ON rent between $575 - $4,995 with an average rent of $1,850.

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

In the last year, the rent in Peterborough, ON decreased by $249

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

In the last month, the rent in Peterborough, ON did not change.

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

There are currently 122 rentals available in Peterborough, ON.

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

The average rent in Peterborough, ON is $1,850 — 7.5% lower the national average of $2,000.

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