Bedroom count
Property type
Last updated on June 18, 2026
Average rent in
Peterborough, ON
Average rent in
Last updated on June 18, 2026
Bedroom count
Property type
Key takeaways for renters
Where Peterborough rent stands today
Peterborough, ON rent rose 8.6% year over year, with a current median of $1,900/month. Renters are paying $164 more per month on average than last year, extending a climb toward the recent peak of $1,979/month in February 2026.
Compared to national trends
Peterborough sits 2.6% more affordable than the $1,950/month national median, with 61 total rentals offering a modest market size for renters.
Rent ranges by bedroom
Studios in Peterborough run around $1,250/month, 1-bedrooms around $1,682/month, and 2-bedrooms around $1,982/month. Larger units reach $2,450/month for 4+ bedrooms, covering a broad price spectrum.
Neighborhood spotlight
Downey rents climbed 125.8% year over year to $1,750/month across 12 rentals, contrasting with the citywide 8.6% rise. This sharp local increase marks Downey as a distinct market within Peterborough.
Median rent
Median rent in Peterborough
$1,900/mo
9%vs previous year
The average rent in Peterborough is $1,900 per month as of June 2026. This is 3% below the national average rent, or $50 less per month.
average price per square foot
Total rentals
Available rentals in Peterborough
61
for rent on Zumper.com as of June 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 2% over the last month and have increased by 9% 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 $1,982, whereas a house costs $700. 1-bedroom apartments in Peterborough run $1,721 on average, while 2-bedroom apartments are $1,982.
Listings | ||||
|---|---|---|---|---|
Studio | $1,250 |  7% | 5% | |
1 bedroom | $1,681 | 4% | 39% | |
2 bedroom | $1,982 | 3% | 1% | |
3 bedroom | $2,200 | 2% | 14% | |
4 bedroom | $2,450 | 2% | 20% |
Listings | ||
|---|---|---|
Ashburnham Subdivision | $1,815 | |
Bonnerworth | $1,999 | |
Downey | $1,750 | |
Greenhill | $1,888 | |
Highland | $1,982 | |
Kawartha | $1,755 | |
Kenner | $1,950 | |
North Central | $1,800 | |
Sir Sanford Fleming | $1,985 | |
South Central | $1,849 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,982 | 1% | No Change | |
Houses | $700 | 8% | No Change | |
Rooms | $790 | No Change | - |
Studio
Average rent
$1,250
Last 30 days
7%
Last year
5%
1 bedroom
Average rent
$1,681
Last 30 days
4%
Last year
39%
2 bedroom
Average rent
$1,982
Last 30 days
3%
Last year
1%
3 bedroom
Average rent
$2,200
Last 30 days
2%
Last year
14%
4 bedroom
Average rent
$2,450
Last 30 days
2%
Last year
20%
Greenhill
Average rent
$1,888
North Central
Average rent
$1,800
Ashburnham Subdivision
Average rent
$1,815
Highland
Average rent
$1,982
South Central
Average rent
$1,849
Sir Sanford Fleming
Average rent
$1,985
Kawartha
Average rent
$1,755
Kenner
Average rent
$1,950
Bonnerworth
Average rent
$1,999
Downey
Average rent
$1,750
Apartments
Average rent
$1,982
Last 30 days
1%
Houses
Average rent
$700
Last 30 days
8%
Rooms
Average rent
$790
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
13%higher than the national median
Takeaway
The median rent for all rentals in Peterborough, ON is 14% lower than the median rent in Ajax, ON.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,199
15%$2,299
13%$2,225
17%$1,922
8%$1,898
12%$2,200
2%$2,425
1%$1,950
3%$1,900
5%$2,500
4%$2,160
14%$1,900
15%Discover rentals in Peterborough, ON
5d+ ago
Kawartha house for rent in Peterborough
1556 Redwood Dr, Peterborough, ON K9K 1B4
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
Sunset house for rent in Peterborough
5 beds
1.5 baths
$625
House for rent
Available Jun 1
5d+ ago
House for rent in Peterborough
238 Spencley'S Lane #4, Peterborough, ON K9H 1R9
1 bed
1 bath
$650
House for rent
Available Jun 1
1d ago
475 George St N, Peterborough, ON K9H 0J4
1–3 beds
1–3 baths
$2,100–$3,790
Apartment for rent
5d+ ago
Sir Sanford Fleming house for rent in Peterborough
4 beds
3 baths
$3,600
House for rent
Available May 4
2d ago
1189 Talwood Crt, Peterborough, ON K9J 7X4
1–3 beds
1 bath
$1,830–$2,447
Apartment for rent
Available May 14
5d+ ago
365 Armour Road, Peterborough, ON K9H 7N8
2 beds
2 baths
$2,400
Apartment for rent
Available Feb 1
12h ago
1211 Goodfellow Rd, Peterborough, ON K9J 5X4
1–2 beds
1 bath
$1,680–$1,877
Apartment for rent
1d ago
475 George St N, Peterborough, ON K9H 0J4
1–3 beds
1–3 baths
$2,100–$3,790
Apartment for rent
1d ago
700 Parkhill Rd W, Peterborough, ON K9J 7W9
3 beds
1 bath
$1,900
House for rent
2d ago
211 & 211 Hunter St. E., Peterborough, ON K9H 7B5
Studio–2 beds
1 bath
$1,670–$2,135
Apartment for rent
Available Dec 12
5d+ ago
Apartment for rent in Peterborough
871 Chapel Rd, Peterborough, ON K9H 7N6
4 beds
2 baths
$2,800
$2,700
Price drop
Apartment for rent
Available May 2
5d+ ago
Bonnerworth apartment for rent in Peterborough
274 William St, Peterborough, ON K9J 5E4
5 beds
2 baths
$2,600
Apartment for rent
Available Apr 29
5d+ ago
Kawartha apartment for rent in Peterborough
1612 Cherryhill Rd, Peterborough, ON K9K 1A8
3 beds
1 bath
$2,200
Apartment for rent
Available Mar 26
2d ago
211 & 211 Hunter St. E., Peterborough, ON K9H 7B5
Studio–2 beds
1 bath
$1,670–$2,135
Apartment for rent
Available Dec 12
12h ago
1211 Goodfellow Rd, Peterborough, ON K9J 5X4
1–2 beds
1 bath
$1,680–$1,877
Apartment for rent
1d ago
475 George St N, Peterborough, ON K9H 0J4
1–3 beds
1–3 baths
$2,100–$3,790
Apartment for rent
2d ago
211 & 211 Hunter St. E., Peterborough, ON K9H 7B5
Studio–2 beds
1 bath
$1,670–$2,135
Apartment for rent
Available Dec 12
2d ago
909 Clonsilla Ave, Peterborough, ON K9J 8B2
1–2 beds
1 bath
$1,920–$2,265
Apartment for rent
Available Dec 12
Stay up to date with rental market insights
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
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 $1,900 per month as of June 13, 2026.
Is rent up or down in Peterborough?
Average rent prices in Peterborough have increased by 2% over the last month and have increased by 9% 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 $50 less per month.
Which neighborhoods are most affordable in Peterborough?
The most affordable neighborhoods in Peterborough are Downey ($1,750/mo), Kawartha ($1,755/mo), and North Central ($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 $76,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Peterborough?
Peterborough's 2025 rental market shows one-bedroom apartments averaging around $990 per month, while two-bedroom units average around $2,000 monthly. These figures reflect the current market conditions across the city's diverse neighborhoods.
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).