Bedroom count
Property type
Last updated on August 2, 2026
Average rent in
Peterborough, ON
Average rent in
Last updated on August 2, 2026
Bedroom count
Property type
Key takeaways for renters
Where Peterborough rent stands today
Peterborough, ON rent rose 4.3% year over year, with a current median of $1,877/month. Renters today are paying $117 more per month on average than last year, with rents just 0.1% below the city's peak from February 2026.
Compared to national trends
Peterborough is 3.2% more affordable than the $1,940/month national median, with 59 total rentals providing a small but varied market for renters.
Rent ranges by bedroom
Studios in Peterborough run around $1,574/month, 1-bedrooms around $1,600/month, and 2-bedrooms around $1,977/month. Larger units like 3-bedrooms and 4+ bedrooms reach $2,247/month and $2,300/month respectively, covering a broad spectrum of household needs.
Neighborhood spotlight
South Central rents climbed 169.0% year over year to $1,950/month across 17 rentals. This surge contrasts with the citywide 4.3% rise, showing a localized spike rather than a market-wide trend.
Median rent
Median rent in Peterborough
$1,877/mo
4%vs previous year
The average rent in Peterborough is $1,877 per month as of August 2026. This is 3% below the national average rent, or $63 less per month.
average price per square foot
Total rentals
Available rentals in Peterborough
59
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Peterborough rentals at each price point
Rent trends in Peterborough, ON
Average rent prices in Peterborough have increased by 1% over the last month and have increased by 4% 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
Peterborough, ON
Rent prices in Peterborough vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Peterborough is $1,977, whereas a house costs $700. 1-bedroom apartments in Peterborough run $1,683 on average, while 2-bedroom apartments are $1,979.
Listings | ||||
|---|---|---|---|---|
Studio | $1,574 | No Change |  4% | |
1 bedroom | $1,600 | 1% | 23% | |
2 bedroom | $1,977 | No Change | No Change | |
3 bedroom | $2,247 | No Change | 9% | |
4 bedroom | $2,300 | 23% | 14% |
Listings | ||
|---|---|---|
Ashburnham Subdivision | $2,015 | |
Bonnerworth | $1,800 | |
Downey | $1,895 | |
Greenhill | $1,952 | |
Highland | $1,945 | |
Kawartha | $1,800 | |
Kenner | $1,920 | |
North Central | $1,799 | |
Sir Sanford Fleming | $1,947 | |
South Central | $1,950 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,977 | No Change | No Change | |
Houses | $700 | 19% | No Change | |
Rooms | $730 | No Change | - |
Studio
Average rent
$1,574
Last 30 days
No Change
Last year
4%
1 bedroom
Average rent
$1,600
Last 30 days
1%
Last year
23%
2 bedroom
Average rent
$1,977
Last 30 days
No Change
Last year
No Change
3 bedroom
Average rent
$2,247
Last 30 days
No Change
Last year
9%
4 bedroom
Average rent
$2,300
Last 30 days
23%
Last year
14%
Greenhill
Average rent
$1,952
North Central
Average rent
$1,799
Ashburnham Subdivision
Average rent
$2,015
South Central
Average rent
$1,950
Sir Sanford Fleming
Average rent
$1,947
Kawartha
Average rent
$1,800
Kenner
Average rent
$1,920
Bonnerworth
Average rent
$1,800
Downey
Average rent
$1,895
Highland
Average rent
$1,945
Apartments
Average rent
$1,977
Last 30 days
No Change
Houses
Average rent
$700
Last 30 days
19%
Rooms
Average rent
$730
The table above reflects average rent prices in Peterborough, 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 Peterborough, ON compare to other cities?
Compare median rent prices in Peterborough and Ajax by all bedroom counts and property types.
Peterborough
3%lower than the national median
17%higher than the national median
Takeaway
The median rent for all rentals in Peterborough, ON is 17% lower than the median rent in Ajax, ON.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,267
14%$2,124
26%$2,315
12%$2,022
6%$1,868
15%$2,287
8%$2,395
3%$1,925
1%$1,949
4%$2,550
5%$2,100
13%$1,924
18%Discover rentals in Peterborough, ON
5d+ ago
Kawartha house for rent in Peterborough
3 beds
2 baths
$575
House for rent
Available May 1
5d+ ago
Kenner house for rent in Peterborough
3 beds
3 baths
$600
House for rent
Available May 1
5d+ ago
House for rent in Peterborough
2 beds
2 baths
$650
House for rent
Available Aug 1
5d+ ago
House for rent in Peterborough
2 beds
2 baths
$650
House for rent
Available Jul 1
20h ago
Bonnerworth house for rent in Peterborough
3 beds
2 baths
$3,800
House for rent
Available Sep 1
4d ago
475 George St N, Peterborough, ON K9H 0J4
1–3 beds
1–3 baths
$2,100–$3,790
Apartment for rent
10h ago
1189 Talwood Crt, Peterborough, ON K9J 7X4
1–3 beds
1 bath
$1,799–$2,447
Apartment for rent
2d ago
365 Armour Road, Peterborough, ON K9H 7N8
2 beds
2 baths
$2,400
Apartment for rent
Available Feb 1
1d ago
1211 Goodfellow Rd, Peterborough, ON K9J 5X4
2–3 beds
1 bath
$1,827–$2,267
Apartment for rent
4d ago
475 George St N, Peterborough, ON K9H 0J4
1–3 beds
1–3 baths
$2,100–$3,790
Apartment for rent
22h ago
909 Clonsilla Ave, Peterborough, ON K9J 8B2
1–2 beds
1 bath
$1,920–$2,160
Price drop
Apartment for rent
Available Dec 12
1d ago
211 & 211 Hunter St. E., Peterborough, ON K9H 7B5
Studio–1 bed
1 bath
$1,640–$1,740
Apartment for rent
Available May 31
5d+ ago
Verified
2 beds
1 bath
$1,800
Apartment for rent
Available Aug 1
1d ago
211 & 211 Hunter St. E., Peterborough, ON K9H 7B5
Studio–1 bed
1 bath
$1,640–$1,740
Apartment for rent
Available May 31
1h ago
1200 Talwood Crt, Peterborough, ON K9J 7X3
1–3 beds
1 bath
$1,683–$2,249
Apartment for rent
21h ago
1777 Stenson Blvd, Peterborough, ON K9K 2H6
2–3 beds
1 bath
$1,999–$2,199
Apartment for rent
Available May 31
1d ago
1211 Goodfellow Rd, Peterborough, ON K9J 5X4
2–3 beds
1 bath
$1,827–$2,267
Apartment for rent
22h ago
909 Clonsilla Ave, Peterborough, ON K9J 8B2
1–2 beds
1 bath
$1,920–$2,160
Price drop
Apartment for rent
Available Dec 12
1d ago
211 & 211 Hunter St. E., Peterborough, ON K9H 7B5
Studio–1 bed
1 bath
$1,640–$1,740
Apartment for rent
Available May 31
1d ago
1100 Hilliard St, Peterborough, ON K9H 5S2
3 beds
1 bath
$1,999
House for rent
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Frequently asked questions for Peterborough, ON
Quick answers to common questions about the Peterborough rental market.
How much is rent in Peterborough?
The average rent in Peterborough is $1,877 per month as of August 1, 2026.
Is rent up or down in Peterborough?
Average rent prices in Peterborough have increased by 1% over the last month and have increased by 4% since last year.
How does Peterborough rent compare to the national average?
Rent in Peterborough is 3% below the national average, which means renters are paying approximately $63 less per month.
Which neighborhoods are most affordable in Peterborough?
The most affordable neighborhoods in Peterborough are North Central ($1,799/mo), Kawartha ($1,800/mo), and Bonnerworth ($1,800/mo).
What salary do I need to afford rent in Peterborough?
To comfortably afford rent in Peterborough, you'd need to earn approximately $75,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Peterborough?
Based on Zumper's July 2026 data, one-bedroom apartments in Peterborough average around $1,480/month and two-bedrooms approximately $1,990/month.
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).