Bedroom count
Property type
Last updated on November 2, 2026
Last updated on November 2, 2026
Bedroom count
Property type
Median rent in Peterborough
$1,950/mo
vs previous year
The average rent in Peterborough is $1,950 per month as of October 2026. This is 3% above the national average rent, or $50 more per month.
average price per square foot
Available rentals in Peterborough
48
for rent on Zumper.com as of October 2026
Share of Peterborough rentals at each price point
Average rent prices in Peterborough have increased by 1% over the last month and have increased by 4% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Peterborough vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Peterborough is $1,982, whereas a house costs $1,897. 1-bedroom apartments in Peterborough run $1,657 on average, while 2-bedroom apartments are $1,999.
Listings | ||||
|---|---|---|---|---|
Studio | $1,299 | 18% | 13% | |
1 bedroom | $1,620 | No Change | 13% | |
2 bedroom | $1,999 | 1% | No Change | |
3 bedroom | $2,258 | No Change | 2% | |
4 bedroom | $2,750 | No Change | 4% |
Listings | ||
|---|---|---|
Ashburnham Subdivision | $2,100 | |
Bonnerworth | $2,012 | |
Greenhill | $1,932 | |
Highland | $1,949 | |
Kawartha | $1,827 | |
Kenner | $2,100 | |
North Central | $1,999 | |
Sir Sanford Fleming | $1,982 | |
South Central | $1,656 | |
Sunset | $1,800 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,982 | 1% | 1% | |
Condos | $2,350 | 18% | - | |
Houses | $1,897 | 14% | 171% | |
Rooms | $740 | 12% | - |
Studio
Average rent
$1,299
Last 30 days
18%
Last year
13%
1 bedroom
Average rent
$1,620
Last year
13%
2 bedroom
Average rent
$1,999
Last 30 days
1%
3 bedroom
Average rent
$2,258
Last year
2%
4 bedroom
Average rent
$2,750
Last year
4%
Greenhill
Average rent
$1,932
Ashburnham Subdivision
Average rent
$2,100
North Central
Average rent
$1,999
Sir Sanford Fleming
Average rent
$1,982
Highland
Average rent
$1,949
South Central
Average rent
$1,656
Kawartha
Average rent
$1,827
Sunset
Average rent
$1,800
Bonnerworth
Average rent
$2,012
Kenner
Average rent
$2,100
Apartments
Average rent
$1,982
Last 30 days
1%
Last year
1%
Condos
Average rent
$2,350
Last 30 days
18%
Houses
Average rent
$1,897
Last 30 days
14%
Last year
171%
Rooms
Average rent
$740
Last 30 days
12%
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.
Compare median rent prices in Peterborough and Ajax by all bedroom counts and property types.
Peterborough
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in Peterborough, ON is 7% lower than the median rent in Ajax, ON.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Peterborough rental market.
The average rent in Peterborough is $1,950 per month as of October 31, 2026.
Average rent prices in Peterborough have increased by 1% over the last month and have increased by 4% since last year.
Rent in Peterborough is 3% above the national average, which means renters are paying approximately $50 more per month.
The most affordable neighborhoods in Peterborough are South Central ($1,656/mo), Sunset ($1,800/mo), and Kawartha ($1,827/mo).
To comfortably afford rent in Peterborough, you'd need to earn approximately $78,000/year, based on spending no more than 30% of your income on rent.
December offers the best rental deals in Peterborough, with rents running about 7.3% lower than October's peak prices. April and July see the most competition with higher demand, while October is the least competitive month.
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).