Cheap Apartments for Rent in Peterborough, ON from $1,400 (36 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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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Time Square
$1,580 - $1,660Studio to 3 Bedroom Apartments

Time Square

201-211 Hunter St EPeterborough, ON K9H 7L6
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Kawartha Place
$1,600 - $2,1001 to 3 Bedroom Apartments

Kawartha Place

899 Clonsilla AvPeterborough, ON K9J 7G9
  • 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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Burnham Place
$1,7001 to 2 Bedroom Apartments

Burnham Place

380 Burnham StPeterborough, ON K9H 1T6
  • Utilities Included

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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Showing Results 1-36, 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 Cambridge Court priced from $1,527. Kingswood I has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,599. Here is today’s list of the most affordable Peterborough apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cambridge CourtStudioStudio,1BA$1,527
Kingswood I1 Bedroom1BR,1BA$1,599
Kawartha Place2 Bedroom2BR,1BA$1,600
Tarawood Place1 Bed 1 Bath A1BR,1BA$1,600
Parkhill2 Bedroom2BR,1BA$1,600
836 Talwood Dr1 Bedroom1BR,1BA$1,649
Time Square1 Beds, 1 Baths1BR,1BA$1,660
Burnham PlaceTwo Bedroom2BR,1BA$1,700
Kingswood II1 Bedroom1BR,1BA$1,715
1211 Goodfellow2 Bedroom2BR,1BA$1,775

Best Value Apartments for Rent in Peterborough, ON

As of February 02, 2026 the best value apartment in the Peterborough area is the $1.60 price per square foot 2 Bedroom Model at Kawartha Place in the starting from $1,600. The second greatest value Peterborough apartment is the Two Bedroom Model at Burnham Place starting at $1,700 with a $1.70 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.
Kawartha Place2 Bedroom2BR,1BA$1.60
Burnham PlaceTwo Bedroom2BR,1BA$1.70
Parkhill2 Bedroom2BR,1BA$1.60
1211 Goodfellow2 Bedroom2BR,1BA$2.18
Delta Apartments2 Beds, 1 Baths2BR,1BA$2.98
836 Talwood Dr1 Bedroom1BR,1BA$2.31
Kingswood I1 Bedroom1BR,1BA$2.30
Kingswood II1 Bedroom1BR,1BA$2.47
Tarawood Place1 Bed 1 Bath A1BR,1BA$2.53
Cambridge CourtStudioStudio ,1BA$3.12

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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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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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Peterborough, ON Rentals by Map

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See the most popular apartments and homes in Peterborough, ON

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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 $1,599 at Kingswood I.

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 $1,600 at Kawartha Place.

What is the most affordable Peterborough Three Bedroom Apartment?

The best deal on a cheap Peterborough Three Bedroom Apartment rental is at Tarawood Place and starts from $2,225.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.