How much is the average rent in Peterborough, ON for 1-bedroom and 2-bedroom apartments?

The average rent for a 1-bedroom apartment in Peterborough is $762, while a 2-bedroom apartment costs around $1,998.

Are rents going up or down in Peterborough, ON?

Overall, the average rent prices in Peterborough have decreased by about 5%. However, while 1-bedroom rents have decreased significantly by 41%, 2-bedroom rents have increased by 3%.

When is the best time to look for an apartment in Peterborough, ON?

December is the best time to look for an apartment in Peterborough as rents are about 15% lower compared to September. October is the least competitive month, making it a good time to find a deal.

What are the best neighborhoods to rent an apartment in Peterborough, ON?

The best neighborhoods in Peterborough include Greenhill and Ashburnham Subdivision, which are highly sought-after due to their amenities and lifestyle offerings.

What areas of Peterborough, ON are best for budget-conscious renters?

While specific budget-conscious neighborhoods aren't mentioned, generally, looking for deals in less competitive months like October might help. Neighborhoods not listed as highly sought-after may offer more budget-friendly options.

Are there pet-friendly apartments in Peterborough, ON?

Yes, there are pet-friendly apartments in Peterborough, with 58.22% of listings accommodating pets.

Are utilities usually included in rent in Peterborough, ON?

Utilities are included in 13% of the rental listings in Peterborough.

Cheap Apartments for Rent in Peterborough, ON

25 rentals

5d+ ago

Cheap Kenner house for rent in Peterborough

588 Howden St #6, Peterborough, ON K9J 4B5

Affordable | On-site laundry | Air conditioning

1 bed

1 bath

$625

House for rent

Available Mar 1

Top amenities

Furnished

On-Site Laundry

5d+ ago

Cheap South Central house for rent in Peterborough

265 Sherbrooke Street - Property

265 Sherbrooke St, Peterborough, ON K9J 2N5

Affordable

2 beds

2 baths

$675

House for rent

Available Feb 1

Rent special

16h ago

8.4

Very good

836 Talwood Drive

836 Talwood Dr, Peterborough, ON K9J 7G8

Affordable | Assigned parking

1–3 beds

1 bath

$1,543–$1,971

Apartment for rent

Rent special

49m ago

8.4

Very good

1211 Goodfellow Road

1211 Goodfellow Rd, Peterborough, ON K9J 5X4

Affordable

1–2 beds

1 bath

$1,630–$1,877

Apartment for rent

Rent special

9h ago

9.4

Excellent

Time Square Apartments

211 & 211 Hunter St. E., Peterborough, ON K9H 7B5

Affordable | On-site laundry | Dishwasher

1–2 beds

1 bath

$1,670–$2,155

Apartment for rent

Available Dec 12

Top amenities

Elevator

On-Site Laundry

On-Site Management

Residents Lounge

Wheelchair Accessible

5d+ ago

8.5

Very good

282-288 Romaine Street

282 Romaine St, Peterborough, ON K9J 2C5

Affordable | Garage parking

1 bed

1 bath

$1,699

Apartment for rent

Nearby rental good for eco-living

$2,100–$3,790

North Central

Nearby rental good for pet owners

$2,000

700 Parkhill Rd W

Rent special

5h ago

9.4

Excellent

Kingswood II

1001 Talwood Dr, Peterborough, ON K9J 7T3

Affordable | On-site laundry | Garage parking

1–3 beds

1 bath

$1,721–$2,361

Apartment for rent

Top amenities

Assigned Parking

On-Site Laundry

On-Site Management

Storage

Rent special

5h ago

Excellent

Cambridge Court

1189 Talwood Crt, Peterborough, ON K9J 7X4

Affordable | On-site laundry | Garage parking

1–3 beds

1 bath

$1,799–$2,397

Apartment for rent

Top amenities

Elevator

On-Site Laundry

On-Site Management

Residents Lounge

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16h ago

9.1

Excellent

200 St Lukes Ave

200 St Lukes Ave, Peterborough, ON K9H 1E7

Affordable | On-site laundry | Storage

2 beds

1 bath

$1,800

Apartment for rent

Top amenities

Carpet

On-Site Laundry

On-Site Management

Residents Lounge

Wheelchair Accessible

Rent special

1h ago

Excellent

Delta Apartments

909 Clonsilla Ave, Peterborough, ON K9J 8B2

Affordable | On-site laundry | Garage parking

1–2 beds

1 bath

$1,875–$2,180

Apartment for rent

Available Dec 12

Top amenities

Elevator

On-Site Laundry

On-Site Management

Find sweet deals near Peterborough

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$1,671–$1,971

Greenhill

$1,800

Ashburnham Subdivision

$750

South Central

$1,398

North Central

2d ago

Cheap Downey apartment for rent in Peterborough

1123 Towerhill Crt, Peterborough, ON K9H 7M6

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,875

Apartment for rent

Available Apr 1

Top amenities

In-Unit Laundry

On-Site Laundry

Rent special

5h ago

9.4

Excellent

Kingswood I

1200 Talwood Crt, Peterborough, ON K9J 7X3

Affordable | On-site laundry | Garage parking

2–3 beds

1 bath

$1,899–$2,199

Apartment for rent

Available Jun 15

Top amenities

Assigned Parking

On-Site Laundry

On-Site Management

Storage

16h ago

8.5

Very good

421 Sheridan St

421 Sheridan St, Peterborough, ON K9H 7G2

Affordable | On-site laundry | Garage parking

1 bed

1 bath

$1,900

Apartment for rent

Top amenities

On-Site Laundry

2d ago

8.3

Very good

1100 Hilliard Street

1100 Hilliard St, Peterborough, ON K9H 5S2

Affordable

3 beds

1 bath

$1,999

House for rent

Rent special

4d ago

9.4

Excellent

Maplewood Court

1777 Stenson Blvd, Peterborough, ON K9K 2H6

Affordable | On-site laundry | Assigned parking

2 beds

1 bath

$1,999–$2,175

Apartment for rent

Available May 31

Top amenities

Assigned Parking

On-Site Laundry

1d ago

8.5

Very good

700 Parkhill Road West

700 Parkhill Rd W, Peterborough, ON K9J 7W9

Affordable | On-site laundry | Assigned parking

3 beds

1 bath

$2,000

House for rent

Top amenities

On-Site Laundry

On-Site Management

1d ago

Cheap North Central apartment for rent in Peterborough

Y Lofts

475 George St N, Peterborough, ON K9H 0J4

Affordable

1–3 beds

1–3 baths

$2,100–$3,790

Apartment for rent

1d ago

Cheap South Central apartment for rent in Peterborough

96 Aylmer St N, Peterborough, ON K9J 3J5

Affordable | In-unit laundry | Assigned parking

1 bed

1 bath

$2,150

Apartment for rent

Available Jun 1

Top amenities

Air Conditioning

Assigned Parking

Dishwasher

In-Unit Laundry

On-Site Laundry

5d+ ago

9.3

Excellent

1155 Goodfellow Road

1155 Goodfellow Rd, Peterborough, ON K9J 7X1

Affordable | On-site laundry | Storage

3 beds

1 bath

$2,200

Apartment for rent

Available Jul 1

Top amenities

Elevator

On-Site Laundry

On-Site Management

Storage

5d+ ago

Verified

1612 Cherryhill Rd, Peterborough, ON K9K 1A8

Affordable | In-unit laundry | Garage parking

3 beds

1 bath

$2,200

Apartment for rent

Available Mar 26

Top amenities

Dishwasher

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap house for rent in Peterborough

1252 Royal Drive, Peterborough, ON K9H 6R5

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$2,400

House for rent

Available Apr 15

Top amenities

Central Heat

Dishwasher

In-Unit Laundry

12h ago

Cheap townhouse for rent in Peterborough

44 Summer Lane #1, Peterborough, ON K9L 0G4

Affordable | In-unit laundry | Garage parking

3 beds

2.5 baths

$2,600

House for rent

Available Jun 1

Top amenities

In-Unit Laundry

5d+ ago

Verified

Lower- 274A William Street Peterborough Ontario K9J 5E4

274 William St, Peterborough, ON K9J 5E4

Affordable | In-unit laundry | Garage parking

5 beds

2 baths

$2,800

$2,650

Price drop

Apartment for rent

Available Apr 29

Top amenities

Air Conditioning

In-Unit Laundry

Microwave

On-Site Laundry

5d+ ago

Cheap Sir Sanford Fleming house for rent in Peterborough

1664 Forster Avenue, Peterborough, ON K9K 2G6

Affordable | In-unit laundry | Dishwasher

5 beds

3 baths

$3,600

House for rent

Available Apr 8

Top amenities

Carpet

Ceiling Fan

Dishwasher

In-Unit Laundry

5d+ ago

Cheap house for rent in Peterborough

612 Romaine St. - Property

612 Romaine St, Peterborough, ON K9J 2E4

Affordable | On-site laundry

8 beds

3 baths

$5,700

House for rent

Available May 1

Top amenities

On-Site Laundry

Showing 1 - 25 of 25 results

Home > Apartments in Peterborough > Peterborough Cheap Apartments For Rent

Updated: April 23, 2026

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