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January 2026 · Peterborough
Average Rent in Peterborough — January 2026
16 confirmed residential leases in Peterborough in January 2026. Average rent $2,380/month. Mixed conditions across property types.
Avg Lease Price $2,380/mo
Median Lease $2,175/mo
Avg Asking $2,392/mo
Lease / Ask 99.5%
Leased Over Asking 6.3%
Avg DOM 56 days
Previous Months
Total Leased
16
all residential
Avg Lease Price
$2,380
per month
Median Lease
$2,175
mid-point
Lease / Ask
99.5%
avg ratio
Over Asking
6.3%
of all leases
Avg DOM
56
days on market
Lease Prices by Property Type
Peterborough · January 2026
💰 Lease Price Summary
Average Lease $2,380/mo
Median Lease $2,175/mo
Avg Asking Rent $2,392/mo
Lowest Lease $1,100
Highest Lease $4,000
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 6.3%
Leased at asking 50.0%
Leased under asking 43.8%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.3% over vs 43.8% under asking.
💰 Lease Price Summary
Average Lease $2,550/mo
Median Lease $2,550/mo
Avg Asking Rent $2,600/mo
Lowest Lease $2,100
Highest Lease $3,000
Lease / Ask Ratio 98.1%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 50.0%
Leased under asking 50.0%
Avg Days on Market 46 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 46 days on market.
💰 Lease Price Summary
Average Lease $2,833/mo
Median Lease $2,995/mo
Avg Asking Rent $2,841/mo
Lowest Lease $1,950
Highest Lease $4,000
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 11.1%
Leased at asking 33.3%
Leased under asking 55.6%
Avg Days on Market 66 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 55.6% leased below asking. Avg 66 days on market.
💰 Lease Price Summary
Average Lease $2,050/mo
Median Lease $2,050/mo
Avg Asking Rent $2,050/mo
Lowest Lease $1,100
Highest Lease $3,000
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 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $1,598/mo
Median Lease $1,695/mo
Avg Asking Rent $1,600/mo
Lowest Lease $1,250
Highest Lease $1,750
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 75.0%
Leased under asking 25.0%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 25% under asking.
Nearby Cities · January 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Selwyn | $1,525 | $1,525 | 84.7% | 37d | 🧊 Renter-Friendly |
| Otonabee South Monaghan | $3,625 | $3,625 | 100.0% | 66d | ⚖️ Balanced |
| Trent Hills | $2,750 | $2,750 | 110.0% | 56d | 🔥 High Demand |
Frequently Asked Questions
Peterborough · January 2026
The average confirmed lease in Peterborough was $2,380/month in January 2026,
based on 16 MLS® transactions. The median was
$2,175/month.
Condos averaged $2,550/mo, freehold averaged $2,833/mo, and townhouses averaged $2,050/mo.
Units in Peterborough took an average of 56 days to lease in January 2026.
Freehold rentals averaged 66 days while condos averaged 46 days.
In January 2026, condos averaged $2,550/month while freehold rentals averaged $2,833/month —
a difference of $283/month.
Peterborough averaged $2,380/month in January 2026. Trent Hills averaged $2,750/mo. Selwyn averaged $1,525/mo. See the full January 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.
