Last updated on June 8, 2026

Average rent in
Penetanguishene, ON

Median rent

Median rent in Penetanguishene

$1,650/mo

decreased by5%

vs previous year

The average rent in Penetanguishene is $1,650 per month as of June 2026. This is 15% below the national average rent, or $300 less per month.

$2.78

average price per square foot

Total rentals

Available rentals in Penetanguishene

9

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Penetanguishene rentals at each price point

80%60%40%20%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Penetanguishene, ON, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Penetanguishene, ON

Average rent prices in Penetanguishene have decreased by 3% over the last month and have decreased by 5% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Penetanguishene, ON

Rent prices in Penetanguishene vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Penetanguishene is $1,675, whereas a house costs $1,895. 1-bedroom apartments in Penetanguishene run $1,675 on average, while 2-bedroom apartments are $1,850.

Listings

1 bedroom

$1,500

1%

11%

2 bedroom

$1,575

No Change

14%

3 bedroom

$2,500

No Change

-

1 bedroom

Average rent

$1,500

Last 30 days

1%

Last year

11%

2 bedroom

Average rent

$1,575

Last year

14%

3 bedroom

Average rent

$2,500

The table above reflects average rent prices in Penetanguishene, ON, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Penetanguishene, ON compare to other cities?

Compare median rent prices in Penetanguishene and Brock by all bedroom counts and property types.

Penetanguishene

Median rent price$1,650
decreased by15%

lower than the national median

Median rent price$1,997
increased by2%

higher than the national median

Takeaway

The median rent for all rentals in Penetanguishene, ON is 17% lower than the median rent in Brock, ON.

Discover rentals in Penetanguishene, ON

Owen Apartments - Photo 1 of 1

3d ago

8.8

Very good

Owen Apartments

51 Owen St, Penetanguishene, ON L9M 1N3

1–2 beds

1 bath

$1,625–$1,850

Apartment for rent

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Frequently asked questions for Penetanguishene, ON

Quick answers to common questions about the Penetanguishene rental market.

How much is rent in Penetanguishene?

The average rent in Penetanguishene is $1,650 per month as of June 6, 2026.

Is rent up or down in Penetanguishene?

Average rent prices in Penetanguishene have decreased by 3% over the last month and have decreased by 5% since last year.

How does Penetanguishene rent compare to the national average?

Rent in Penetanguishene is 15% below the national average, which means renters are paying approximately $300 less per month.

What salary do I need to afford rent in Penetanguishene?

To comfortably afford rent in Penetanguishene, you'd need to earn approximately $66,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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