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Average rent in Remainder of Peterborough CMA, Peterborough

The average 1-bedroom rent in Remainder of Peterborough CMA, Peterborough is $1,330 a month, and a 2-bedroom averages $1,567 (CMHC Rental Market Survey, October 2025). New leases cost more: the average 1-bedroom asking rent in Peterborough is $1,692 (Rentals.ca, September 2026).

What all renters pay (CMHC)

Unit sizeAverage monthly rent
Studio$983
1-bedroom$1,330
2-bedroom$1,567
3-bedroom+$1,623
All units$1,506

Across all unit sizes, rents here average $1,506, which is 6% above the Peterborough metro average of $1,422. If you pay much more than this for a similar unit, you might be overpaying, but newer buildings and recent leases usually cost more than these averages.

Source: CMHC Rental Market Survey, Oct 2025: average rent by bedroom and survey zone (purpose-built, all tenants). These are averages for purpose-built rental apartments and include long-time tenants, so new leases are usually higher.

What new renters are asked (Rentals.ca)

Unit sizeAverage asking rent
1-bedroom$1,692
2-bedroom$1,964

Source: Rentals.ca & Urbanation National Rent Report, Oct 2026: average asking rent by city and bedroom, September 2026. City-wide figure for Peterborough covering all listing types. If you moved in during 2024 or later, we compare you with these figures.

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Nearby zones in Peterborough