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August 2025 · Peterborough
Average Rent in Peterborough — August 2025
27 confirmed residential leases in Peterborough in August 2025. Average rent $2,427/month. Mixed conditions across property types.
Avg Lease Price $2,427/mo
Median Lease $2,550/mo
Avg Asking $2,425/mo
Lease / Ask 100.1%
Leased Over Asking 18.5%
Avg DOM 49 days
Total Leased
27
all residential
Avg Lease Price
$2,427
per month
Median Lease
$2,550
mid-point
Lease / Ask
100.1%
avg ratio
Over Asking
18.5%
of all leases
Avg DOM
49
days on market
Lease Prices by Property Type
Peterborough · August 2025
💰 Lease Price Summary
Average Lease $2,427/mo
Median Lease $2,550/mo
Avg Asking Rent $2,425/mo
Lowest Lease $1,350
Highest Lease $4,400
Lease / Ask Ratio 100.1%
📊 Market Activity
Leased over asking 18.5%
Leased at asking 63.0%
Leased under asking 18.5%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 18.5% over vs 18.5% under asking.
💰 Lease Price Summary
Average Lease $2,180/mo
Median Lease $2,199/mo
Avg Asking Rent $2,210/mo
Lowest Lease $1,800
Highest Lease $2,700
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 40.0%
Leased at asking 40.0%
Leased under asking 20.0%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 40% over vs 20% under asking.
💰 Lease Price Summary
Average Lease $2,773/mo
Median Lease $3,000/mo
Avg Asking Rent $2,807/mo
Lowest Lease $1,550
Highest Lease $4,400
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 72.7%
Leased under asking 27.3%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 27.3% under asking.
💰 Lease Price Summary
Average Lease $2,640/mo
Median Lease $2,700/mo
Avg Asking Rent $2,620/mo
Lowest Lease $2,199
Highest Lease $2,800
Lease / Ask Ratio 100.8%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 80.0%
Leased under asking 0.0%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $1,978/mo
Median Lease $1,910/mo
Avg Asking Rent $1,918/mo
Lowest Lease $1,350
Highest Lease $2,800
Lease / Ask Ratio 103.1%
📊 Market Activity
Leased over asking 25.0%
Leased at asking 62.5%
Leased under asking 12.5%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 25% over vs 12.5% under asking.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Selwyn | $2,750 | $2,750 | 100.0% | 60d | ⚖️ Balanced |
| Cavan Monaghan | $2,450 | $2,450 | 81.7% | 40d | 🧊 Renter-Friendly |
Frequently Asked Questions
Peterborough · August 2025
The average confirmed lease in Peterborough was $2,427/month in August 2025,
based on 27 MLS® transactions. The median was
$2,550/month.
Condos averaged $2,180/mo, freehold averaged $2,773/mo, and townhouses averaged $2,640/mo.
Units in Peterborough took an average of 49 days to lease in August 2025.
Freehold rentals averaged 53 days while condos averaged 43 days.
In August 2025, condos averaged $2,180/month while freehold rentals averaged $2,773/month —
a difference of $593/month.
Peterborough averaged $2,427/month in August 2025. Cavan Monaghan averaged $2,450/mo. See the full August 2025 Ontario lease summary →
Looking to rent in Peterborough?
Browse available rentals or connect with a local agent who knows the rental market.
Data note: Based on MLS® confirmed lease transaction data held in our system for Peterborough, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
