
Cheap Homes for Rent in Peterborough, ON from C$500 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Peterborough.


260 Lansdowne St W

260 Lansdowne St

64 Lynch St

581 Barnes Crescent

1260 Pulpit Rd

588 Howden St

926 Dainard Dr

1556 Redwood Dr

2148 Springwood Rd

157 Milroy Dr

805 Morphet Ave

186 Collison Ave

890 Armour Rd

238 Spencleys Ln

1537 Ravenwood Dr

1103 Huntington Cir

201 Rubidge St

1209 Trentway Vista

1318 Amundsen Ave

219 Stewart St

612 Romaine St

260 Murray St

247 Franmor Dr
Peterborough, ON Local Guide
How much does it cost to rent a home in Peterborough?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peterborough 2 Bedroom Homes for Rent | C$2,219 | C$1,795 | C$4,000 |
Peterborough 3 Bedroom Homes for Rent | C$2,670 | C$2,350 | C$3,100 |
Peterborough 4 Bedroom Homes for Rent | C$3,070 | C$750 | C$4,995 |
Peterborough 6 Bedroom Homes for Rent | C$2,800 | C$2,800 | C$2,800 |
Browse Top Homes for Rent in Peterborough
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Peterborough, ON Local Guide
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Cheapest Available Peterborough Apartments for Rent
 The cheapest available apartment rental in Peterborough, ON is a Studio unit found at Kingswood I priced from C$1,399. Kingswood II has the second lowest priced unit, which is a Studio apartment currently listed from C$1,434. Here is today’s list of the most affordable Peterborough apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Kingswood I | Studio | Studio,1BA | C$1,399 |
Kingswood II | Studio | Studio,1BA | C$1,434 |
836 Talwood Dr | 1 Bedroom | 1BR,1BA | C$1,699 |
1211 Goodfellow | 1 Bedroom | 1BR,1BA | C$1,699 |
Tarawood Place | 1 Bed 1 Bath A | 1BR,1BA | C$1,750 |
Best Value Apartments for Rent in Peterborough, ON
As of April 04, 2025 the best value apartment in the Peterborough area is the C$5.59 price per square foot 3 Beds, 3 Baths Model at 475 George Street North in the starting from C$4,490. The second greatest value Peterborough apartment is the 1 Bedroom Model at Cambridge Court starting at C$1,873 with a C$2.70 price per square foot . Here is today’s list of the best values for Peterborough apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
475 George Street North | 3 Beds, 3 Baths | 3BR,3BA | C$5.59 |
Cambridge Court | 1 Bedroom | 1BR,1BA | C$2.70 |
836 Talwood Dr | 1 Bedroom | 1BR,1BA | C$2.56 |
Tarawood Place | 1 Bed 1 Bath A | 1BR,1BA | C$2.76 |
1211 Goodfellow | 1 Bedroom | 1BR,1BA | C$2.76 |
Kingswood I | 1 Bedroom | 1BR,1BA | C$3.22 |
Kingswood II | Studio | Studio ,1BA | C$3.45 |
282 - 288 Romaine St. | 2 BEDROOM | 2BR,1BA | C$1,999.00 |
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Frequently Asked Questions about Peterborough
What type of rentals are currently available in Peterborough?
There are currently 87 Apartments for Rent in Peterborough, ON with pricing that ranges from C$1,399 to C$4,500. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterborough ranging from C$550 to C$4,995.
What is the current price range for Rental Homes in Peterborough?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peterborough ranges from C$550 to C$4,995 with an average monthly rent of C$2,343.
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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.

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.