Peterborough, ON rental market

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Last updated August 8, 2025

Rental market summary

The average rent for all bedrooms and all property types in Peterborough, ON is $2,087.

Average rent

$2,087

Month-over-month change

+$12

Year-over-year change

+$34

Available rentals

117

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $550 to $5,250.

Rent frequencies
Rent priceNumber of rental properties
$5002
$60010
$7009
$8002
$9003
$1,0001
$1,4002
$1,5004
$1,6007
$1,7009
$1,80010
$1,90011
$2,00012
$2,1005
$2,2007
$2,3006
$2,4006
$2,50010
$2,6006
$2,7006
$2,8002
$2,9005
$3,0004
$3,1004
$3,2004
$3,3001
$3,4004
$3,5003
$3,6001
$3,8001
$3,9001
$4,1001
$4,4001
$4,5001
$5,000+1

Average rent price over time

In the last year, rent has increased by $34 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,150$2,000
Feb$2,099$1,999
Mar$2,150$1,999
Apr$2,100$1,974
May$2,050$2,000
Jun$2,300$1,950
Jul$2,150$2,099
Aug$2,150$2,100
Sep$2,072No data
Oct$2,011No data
Nov$2,000No data
Dec$2,000No data

Market temperature

The Peterborough, ON rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Peterborough, ON is 0.61% lower than the national average.

Peterborough, ONvs.

$2,087

$2,100

Rent in Peterborough, ON

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Frequently asked questions

1. What is the average rent in Peterborough, ON?

The average rent in Peterborough, ON is $2,087.

2. How much does it cost to rent a house in Peterborough, ON?

Houses in Peterborough, ON rent between $550 - $5,250 with an average rent of $2,087.

3. How has the rent in Peterborough, ON changed in the last year?

In the last year, the rent in Peterborough, ON increased by $34

4. How much has the rent in Peterborough, ON increased/decreased in the last month?

In the last month, the rent in Peterborough, ON increased by $12

5. How many available rentals are there in Peterborough, ON?

There are currently 117 rentals available in Peterborough, ON.

6. How do rent prices in Peterborough, ON compare with the national average?

The average rent in Peterborough, ON is $2,087 — less than 1% lower the national average of $2,100.