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February 2026 · Peterborough
Average Rent in Peterborough — February 2026
11 confirmed residential leases in Peterborough in February 2026. Average rent $2,227/month. Mixed conditions across property types.
Avg Lease Price $2,227/mo
Median Lease $2,400/mo
Avg Asking $2,254/mo
Lease / Ask 98.8%
Leased Over Asking 9.1%
Avg DOM 71 days
Total Leased
11
all residential
Avg Lease Price
$2,227
per month
Median Lease
$2,400
mid-point
Lease / Ask
98.8%
avg ratio
Over Asking
9.1%
of all leases
Avg DOM
71
days on market
Lease Prices by Property Type
Peterborough · February 2026
💰 Lease Price Summary
Average Lease $2,227/mo
Median Lease $2,400/mo
Avg Asking Rent $2,254/mo
Lowest Lease $1,300
Highest Lease $2,950
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 63.6%
Leased under asking 27.3%
Avg Days on Market 71 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 27.3% under asking.
💰 Lease Price Summary
Average Lease $1,900/mo
Median Lease $1,900/mo
Avg Asking Rent $1,900/mo
Lowest Lease $1,900
Highest Lease $1,900
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 64 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,500/mo
Median Lease $2,500/mo
Avg Asking Rent $2,528/mo
Lowest Lease $1,899
Highest Lease $2,950
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 14.3%
Leased at asking 57.1%
Leased under asking 28.6%
Avg Days on Market 60 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.3% over vs 28.6% under asking.
🏘
No townhouse data for February 2026
Not enough townhouse lease transactions in
Peterborough this month to generate a summary.
💰 Lease Price Summary
Average Lease $1,700/mo
Median Lease $1,300/mo
Avg Asking Rent $1,733/mo
Lowest Lease $1,300
Highest Lease $2,500
Lease / Ask Ratio 98.1%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 66.7%
Leased under asking 33.3%
Avg Days on Market 97 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 33.3% under asking.
Nearby Cities · February 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Selwyn | $2,617 | $2,500 | 100.0% | 58d | ⚖️ Balanced |
| Otonabee South Monaghan | $2,500 | $2,500 | 100.0% | 119d | ⚖️ Balanced |
| Trent Hills | $2,200 | $2,200 | 95.7% | 172d | 🧊 Renter-Friendly |
Frequently Asked Questions
Peterborough · February 2026
The average confirmed lease in Peterborough was $2,227/month in February 2026,
based on 11 MLS® transactions. The median was
$2,400/month.
Condos averaged $1,900/mo, freehold averaged $2,500/mo.
Units in Peterborough took an average of 71 days to lease in February 2026.
Freehold rentals averaged 60 days while condos averaged 64 days.
In February 2026, condos averaged $1,900/month while freehold rentals averaged $2,500/month —
a difference of $600/month.
Peterborough averaged $2,227/month in February 2026. Otonabee South Monaghan averaged $2,500/mo. Trent Hills averaged $2,200/mo. See the full February 2026 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.
