Average rent in Peterborough
A 2 bedrooms unit in Peterborough rented for $1,513 a month on average in October 2025 (▲ 1.0% in a year), rank 54 of 189 centres for two-bedroom rent (1 = highest). Check that a listing is fair before you sign.
Average monthly rent, October 2025
Bachelor
Oct 2024: $956 · ▲ 3.6%
$9901 bedroom
Oct 2024: $1,207 · ▲ 2.1%
$1,2322 bedrooms
Oct 2024: $1,498 · ▲ 1.0%
$1,5133+ bedrooms
Oct 2024: $1,657 · ▲ 4.8%
$1,736Other centres in Ontario (2 bedrooms)
Toronto$2,045Ottawa-Gatineau (Ontario part)$1,916Kitchener-Cambridge-Waterloo$1,816Guelph$1,803Saugeen Shores$1,790Kincardine$1,767Kingston$1,763Oshawa$1,762Barrie$1,749The Nation$1,692Stratford$1,663Hamilton$1,659London$1,645Woodstock$1,645Collingwood$1,634
Affordability calculator →Questions and answers
What is the average rent in Peterborough?
Bachelor: $990, 1 bedroom: $1,232, 2 bedrooms: $1,513, 3+ bedrooms: $1,736 a month (CMHC, October 2025).
Is rent going up in Peterborough?
The average 2 bedrooms rent changed 1.0% between October 2024 and October 2025.
What rents are included?
Average rents in purpose-built row and apartment structures of three or more units, from CMHC's Rental Market Survey.
Source: Statistics Canada, Table 34-10-0133-01, CMHC average rents for areas with a population of 10,000 and over (Statistics Canada Open Licence).