544 McDonnel St
PeterboroughONK9H 2X8
Cheap Apartments for Rent in Peterborough, ON from C$1,500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Peterborough.
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from C$1,5951 to 2 Bedroom Apartments Available Now
Parkhill
701 Parkhill Road WestPeterborough, ON K9J 6N8
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Rent Specials
from C$1,6991 to 3 Bedroom Apartments Available Now
Tarawood Place
2199 Walker AvePeterborough, ON K9L 1T8
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from C$1,7271 to 2 Bedroom Apartments Available Now
Kingswood I
1200 Talwood DrPeterborough, ON K9J 7X3
366 Simcoe St
PeterboroughONK9H 2J7
1269 Clonsilla Ave
PeterboroughONK9J 5Z1
668 Frank St
PeterboroughONK9J 4M9
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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from C$1,7991 to 2 Bedroom Apartments Available Now
282 - 288 Romaine St.
288 Romaine StPeterborough, ON K9J 2C5
1247 Clonsilla Ave
PeterboroughONK9J 6A7
1251 Clonsilla Ave
PeterboroughONK9J 5Z1
632 Union St
PeterboroughONK9H 3V5
1537 Ravenwood Dr
PeterboroughONK9K 2J4
260 Lansdowne St
PeterboroughONK9J 1Y8
1260 Pulpit Rd
PeterboroughONK9K 1H5
1241 Huntington Cir
PeterboroughONK9K 2B4
201 Rubidge St
PeterboroughONK9J 3N9
157 Milroy Dr
PeterboroughONK9H 7N7
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.
581 Barnes Crescent
PeterboroughONK9J 7Z2
1103 Huntington Cir
PeterboroughONK9K 2B1
805 Morphet Ave
PeterboroughONK9J 2X7
186 Collison Ave
PeterboroughONK9J 1A4
926 Dainard Dr
PeterboroughONK9K 2A7
265 Sherbrooke St
PeterboroughONK9J 2N5
219 Stewart St
PeterboroughONK9J 3M6
238 Spencleys Ln
PeterboroughONK9H 1R9
612 Romaine St
PeterboroughONK9J 2E4
1326 Hopewell Ave
PeterboroughONK9H 6T3
262 Murray St
PeterboroughONK9H 2T2
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503 Paterson St
PeterboroughONK9J 4P8
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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451 Water St
PeterboroughONK9H 3M2
64 Alexander Ave
PeterboroughONK9J 6B4
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
844 Sherbrooke St
PeterboroughONK9J 2R1
565 Barnes Crescent
PeterboroughONK9J 7Z2
110 Chandler Cres
PeterboroughONK9J 0K9
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540 Downie St
PeterboroughONK9H 4J8
7949 County Rd 2
CobourgONK9A 0X4
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Peterborough, ON Local Guide
How much does it cost to rent an apartment in Peterborough?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Peterborough Studio Apartments | C$1,500 | C$1,500 | C$1,500 |
| Cheap Peterborough 1 Bedroom Apartments | C$1,928 | C$1,595 | C$2,190 |
| Cheap Peterborough 2 Bedroom Apartments | C$2,004 | C$1,750 | C$2,500 |
| Cheap Peterborough 3 Bedroom Apartments | C$2,205 | C$1,900 | C$2,470 |
Browse Top Apartments in Peterborough
See all Apartments in PeterboroughExplore Peterborough
Peterborough, ON Local Guide
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Cheapest Available Peterborough Apartments for Rent
The cheapest available apartment rental in Peterborough, ON is a 1 Bed unit found at Parkhill priced from C$1,595. 836 Talwood Dr has the second lowest priced unit, which is a Studio apartment currently listed from C$1,647. Here is today’s list of the most affordable Peterborough apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkhill | 1 Bedroom | 1BR,1BA | C$1,595 |
| 836 Talwood Dr | Studio | Studio,1BA | C$1,647 |
| Tarawood Place | 1 Bed 1 Bath A | 1BR,1BA | C$1,699 |
| 1211 Goodfellow | 1 Bedroom | 1BR,1BA | C$1,714 |
| Kingswood I | 1 Bedroom | 1BR,1BA | C$1,727 |
| Kingswood II | 1 Bedroom | 1BR,1BA | C$1,729 |
| 282 Romaine St | 1 BEDROOM | 1BR,1BA | C$1,799 |
| 282 - 288 Romaine St. | 1 BEDROOM | 1BR,1BA | C$1,799 |
| Cambridge Court | 1 Bedroom | 1BR,1BA | C$1,868 |
| 475 George Street North | 1 Beds, 1 Baths | 1BR,1BA | C$2,180 |
Best Value Apartments for Rent in Peterborough, ON
As of June 15, 2025 the best value apartment in the Peterborough area is the C$1.99 price per square foot 1 Bedroom Model at Parkhill in the starting from C$1,595. The second greatest value Peterborough apartment is the 1 Bedroom Model at Kingswood I starting at C$1,727 with a C$2.49 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. |
|---|---|---|---|
| Parkhill | 1 Bedroom | 1BR,1BA | C$1.99 |
| Kingswood I | 1 Bedroom | 1BR,1BA | C$2.49 |
| Kingswood II | 1 Bedroom | 1BR,1BA | C$2.49 |
| Cambridge Court | 1 Bedroom | 1BR,1BA | C$2.69 |
| Tarawood Place | 1 Bed 1 Bath A | 1BR,1BA | C$2.68 |
| 1211 Goodfellow | 1 Bedroom | 1BR,1BA | C$2.75 |
| 475 George Street North | 1 Beds, 1 Baths | 1BR,1BA | C$3.81 |
| 836 Talwood Dr | Studio | Studio ,1BA | C$3.10 |
| 282 - 288 Romaine St. | 2 BEDROOM | 2BR,1BA | C$2,049.00 |
| 282 Romaine St | 1 BEDROOM | 1BR,1BA | C$1,799.00 |
Quick Rent Budget Calculator
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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$1,595 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$1,700 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 II and starts from C$2,375.
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.
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.