1556 Redwood Dr
PeterboroughONK9K 1B4
Cheap Homes for Rent in Peterborough, ON from $575 (28 Rentals)
Search the lowest-cost Homes available for rent right now in Peterborough.
805 Morphet Ave
PeterboroughONK9J 2X7
186 Collison Ave
PeterboroughONK9J 1A4
238 Spencleys Ln
PeterboroughONK9H 1R9
203-203 Rubidge St
PeterboroughONK9J 3N9
1260 Pulpit Rd
PeterboroughONK9K 1H5
260 Lansdowne St W
PeterboroughONK9J 1Y8
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1219 Cartier Blvd
PeterboroughONK9H 6S2
64 Lynch St
PeterboroughONK9J 5A9
926 Dainard Dr
PeterboroughONK9K 2A7
219 Stewart St
PeterboroughONK9J 3M6
688 Aylmer St N
PeterboroughONK9H 3X6
688 Aylmer St N
PeterboroughONK9H 3X6
812 Schneider Pl
PeterboroughONK9H 5S5
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
812 Schneider Pl
PeterboroughONK9H 5S5
212 Brock St, Unit 106
212 Brock St
PeterboroughONK9H 2P5
310 Mason Ave
PeterboroughONK9H 4W5
212 Brock St, Unit 106
212 Brock St
PeterboroughONK9H 2P5
646 Park St N
PeterboroughONK9H 4S3
450 Weller St
PeterboroughONK9H 2N6
450 Weller St
PeterboroughONK9H 2N6
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
164 Stewart St
PeterboroughONK9J 3M5
209 Stewart St
PeterboroughONK9J 3M6
209 Stewart St
PeterboroughONK9J 3M6
104 Aylmer St N, Unit Lower
104 Aylmer St N
PeterboroughONK9J 3J5
104 Aylmer St N, Unit Lower
104 Aylmer St N
PeterboroughONK9J 3J5
693 Hawley St
PeterboroughONK9J 4C7
693 Hawley St
PeterboroughONK9J 4C7
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Showing Results 1-28, Page 1 of 1
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 | $1,855 | $650 | $3,000 |
| Peterborough 3 Bedroom Homes for Rent | $1,567 | $575 | $2,900 |
| Peterborough 4 Bedroom Homes for Rent | $4,098 | $3,500 | $4,995 |
| Peterborough 5 Bedroom Homes for Rent | $1,925 | $650 | $3,200 |
| Peterborough 6 Bedroom Homes for Rent | $800 | $800 | $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 McDonnel Apartments priced from $1,141. 826 Fairbairn St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,600. Here is today’s list of the most affordable Peterborough apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McDonnel Apartments | Bachelor | Studio,1BA | $1,141 |
| 826 Fairbairn St | 2nd Floor | 2BR,1BA | $1,600 |
| Time Square Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,620 |
| Parkhill | 1 Bedroom | 1BR,1BA | $1,650 |
| 1001 Talwood Drive | 1 Bedroom | 1BR,1BA | $1,664 |
| 836 Talwood Dr | 2 Bedroom | 2BR,1BA | $1,671 |
| Tarawood Place | 2 Bed 1 Bath A | 2BR,1BA | $1,700 |
| 791 Sherbrooke St | 2 Beds, 1 bath | 2BR,1BA | $1,800 |
| 1211 Goodfellow Road | 2 Bedroom | 2BR,1BA | $1,824 |
| Delta Apartments | 1 Bedroom | 1BR,1BA | $1,915 |
Best Value Apartments for Rent in Peterborough, ON
As of September 11, 2026 the best value apartment in the Peterborough area is the $2.19 price per square foot 3 Bedroom Model at 1189 Talwood Court in the starting from $2,510. The second greatest value Peterborough apartment is the 2 Bedroom Model at 1200 Talwood Court starting at $1,999 with a $2.02 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. |
|---|---|---|---|
| 1189 Talwood Court | 3 Bedroom | 3BR,1.5BA | $2.19 |
| 1200 Talwood Court | 2 Bedroom | 2BR,1BA | $2.02 |
| 836 Talwood Dr | 2 Bedroom | 2BR,1BA | $1.88 |
| 288 Romaine | 2 BEDROOM | 2BR,1BA | $2.35 |
| 1211 Goodfellow Road | 2 Bedroom | 2BR,1BA | $2.24 |
| Parkhill | 1 Bedroom | 1BR,1BA | $2.06 |
| 1001 Talwood Drive | 1 Bedroom | 1BR,1BA | $2.52 |
| Tarawood Place | 1 Bed 1 Bath A | 1BR,1BA | $2.73 |
| Delta Apartments | 1 Bedroom | 1BR,1BA | $3.20 |
| McDonnel Apartments | Bachelor | Studio ,1BA | $3.10 |
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.
Read Article
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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
See the most popular apartments and homes in Peterborough, ON
Frequently Asked Questions about Peterborough
What type of rentals are currently available in Peterborough?
There are currently 92 Apartments for Rent in Peterborough, ON with pricing that ranges from $1,141 to $3,999. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterborough ranging from $575 to $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 $575 to $4,995 with an average monthly rent of $1,849.
How much are larger Three and Four Bedroom Rentals in Peterborough?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Peterborough range from $2,187 to $3,790, while Three Bedroom Homes, Condos, and Townhomes for rent range from $575 to $2,900. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,250.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.