Cheap Apartments for Rent in Peterborough, ON from C$1,300 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in Peterborough.

property at 317 Park St N

317 Park St N

PeterboroughONK9J 3W6

Peterborough, ON Local Guide

Cheapest Available Peterborough Apartments for Rent

 

The cheapest available apartment rental in Peterborough, ON is a Studio unit found at Kingswood I in the Northeast Ontario neighborhood priced from C$1,399. Kingswood II in the Northeast Ontario neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$1,449. Here is today’s list of the most affordable Peterborough apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kingswood IStudioStudio,1BAC$1,399
Kingswood IIStudioStudio,1BAC$1,449
Parkhill1 Bedroom1BR,1BAC$1,650
836 Talwood Dr1 Bedroom1BR,1BAC$1,712
Kawartha Place1 Bedroom1BR,1BAC$1,750

Best Value Apartments for Rent in Peterborough, ON

As of March 22, 2025 the best value apartment in the Peterborough area is the C$2.38 price per square foot 2 Bedroom Model at 1211 Goodfellow in the in the Northeast Ontario neighborhood starting from C$1,917. The second greatest value Peterborough apartment is the 3 Beds, 3 Baths Model at 475 George Street North starting at C$4,490 with a C$5.59 price per square foot in the Northeast Ontario neighborhood. Here is today’s list of the best values for Peterborough apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1211 Goodfellow2 Bedroom2BR,1BAC$2.38
475 George Street North3 Beds, 3 Baths3BR,3BAC$5.59
Kawartha Place1 Bedroom1BR,1BAC$2.19
Parkhill1 Bedroom1BR,1BAC$2.06
Cambridge Court1 Bedroom1BR,1BAC$2.71
836 Talwood Dr1 Bedroom1BR,1BAC$2.58
Tarawood Place1 Bed 1 Bath A1BR,1BAC$2.80
Kingswood IStudioStudio ,1BAC$2.98
Kingswood IIStudioStudio ,1BAC$3.48
282 - 288 Romaine St.2 BEDROOM2BR,1BAC$1,999.00

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Frequently Asked Questions about Cheap Peterborough Apartments

What is the Cheapest Studio apartment in Peterborough?

Currently the most affordable Cheap Studio Apartment in Peterborough is at Kingswood I listed at C$1,399.

How much is rent for a Cheap One Bedroom Peterborough Apartment?

The lowest price for a Cheap One Bedroom Peterborough Apartment is C$1,650 at Parkhill.

What is the lowest price for a Cheap Two Bedroom Peterborough Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peterborough is starting from C$1,900 at Parkhill.

What is the most affordable Peterborough Three Bedroom Apartment?

The best deal on a cheap Peterborough Three Bedroom Apartment rental is at Kingswood I and starts from C$2,241.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.