Cheap Apartments for Rent in Peterborough, ON from C$1,600 (44 Rentals)

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

property at 1192 Whitefield Dr

1192 Whitefield Dr

PeterboroughONK9J 7P6

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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When Life Happens: Your Options for Ending a Rental Lease Early

Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Burnham Place
1 to 2 Bedroom Apartments

Burnham Place

380 Burnham StPeterborough, ON K9H 1T6
  • Utilities Included
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Kingswood II
Studio to 3 Bedroom Apartments

Kingswood II

1001 Talwood DrPeterborough, ON K9J 7T3
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Kingswood I
Studio to 3 Bedroom Apartments

Kingswood I

1200 Talwood DrPeterborough, ON K9J 7X3
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Kawartha Place
1 to 3 Bedroom Apartments

Kawartha Place

899 Clonsilla AvPeterborough, ON K9J 7G9
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Cambridge Court
Studio to 3 Bedroom Apartments

Cambridge Court

1189 Talwood DrPeterborough, ON K9J 7X4
Senior Living
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282 Romaine St
1 to 2 Bedroom Apartments

282 Romaine St

282 Romaine StPeterborough, ON K9J 2C5
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1211 Goodfellow
Studio to 3 Bedroom Apartments

1211 Goodfellow

1211 Goodfellow RdPeterborough, ON K9J 5X4
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Maplewood Court
2 to 3 Bedroom Apartments

Maplewood Court

1777 Stenson BlvdPeterborough, ON K9K 2H6
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 82 Jones Ave

82 Jones Ave

OshawaONL1G 2Z9
Showing Results 1-44, Page 1 of 1

Peterborough, ON Local Guide

Cheapest Available Peterborough Apartments for Rent

 

The cheapest available apartment rental in Peterborough, ON is a Studio unit found at 836 Talwood Dr priced from C$1,633. Parkhill has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,650. Here is today’s list of the most affordable Peterborough apartments for rent:

Apartment ListingModel NameBed/BathPriced From
836 Talwood DrStudioStudio,1BAC$1,633
Parkhill1 Bedroom1BR,1BAC$1,650
Tarawood Place1 Bed 1 Bath A1BR,1BAC$1,699
Kingswood II1 Bedroom1BR,1BAC$1,719
Kingswood I1 Bedroom1BR,1BAC$1,735
282 - 288 Romaine St.1 BEDROOM1BR,1BAC$1,799
Cambridge Court1 Bedroom1BR,1BAC$1,863
282 Romaine St2 BEDROOM2BR,1BAC$1,949
1211 Goodfellow2 Bedroom2BR,1BAC$1,949
475 George Street North1 Beds, 1 Baths1BR,1BAC$2,180

Best Value Apartments for Rent in Peterborough, ON

As of August 01, 2025 the best value apartment in the Peterborough area is the C$2.40 price per square foot 2 Bedroom Model at 1211 Goodfellow in the starting from C$1,949. The second greatest value Peterborough apartment is the 1 Bedroom Model at Parkhill starting at C$1,650 with a C$2.06 price per square foot . 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$2.40
Parkhill1 Bedroom1BR,1BAC$2.06
Kingswood II1 Bedroom1BR,1BAC$2.48
Kingswood I1 Bedroom1BR,1BAC$2.50
Cambridge Court1 Bedroom1BR,1BAC$2.82
Tarawood Place1 Bed 1 Bath A1BR,1BAC$2.68
475 George Street North1 Beds, 1 Baths1BR,1BAC$3.80
836 Talwood DrStudioStudio ,1BAC$3.08
282 - 288 Romaine St.1 BEDROOM1BR,1BAC$1,799.00

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Frequently Asked Questions about Cheap Peterborough Apartments

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$2,259.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.