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November 2025 · Peterborough
Average Rent in Peterborough — November 2025
23 confirmed residential leases in Peterborough in November 2025. Average rent $2,337/month. Mixed conditions across property types.
Avg Lease Price $2,337/mo
Median Lease $2,450/mo
Avg Asking $2,333/mo
Lease / Ask 100.1%
Leased Over Asking 13%
Avg DOM 55 days
Total Leased
23
all residential
Avg Lease Price
$2,337
per month
Median Lease
$2,450
mid-point
Lease / Ask
100.1%
avg ratio
Over Asking
13%
of all leases
Avg DOM
55
days on market
Lease Prices by Property Type
Peterborough · November 2025
💰 Lease Price Summary
Average Lease $2,337/mo
Median Lease $2,450/mo
Avg Asking Rent $2,333/mo
Lowest Lease $1,200
Highest Lease $3,500
Lease / Ask Ratio 100.1%
📊 Market Activity
Leased over asking 13.0%
Leased at asking 78.3%
Leased under asking 8.7%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 13% over vs 8.7% under asking.
💰 Lease Price Summary
Average Lease $2,942/mo
Median Lease $3,025/mo
Avg Asking Rent $2,866/mo
Lowest Lease $2,600
Highest Lease $3,200
Lease / Ask Ratio 102.6%
📊 Market Activity
Leased over asking 66.7%
Leased at asking 33.3%
Leased under asking 0.0%
Avg Days on Market 67 days
Fast · 050Slow · 100+
🔥 High demand — 66.7% leased above asking at a 102.63% lease-to-ask ratio.
💰 Lease Price Summary
Average Lease $2,516/mo
Median Lease $2,495/mo
Avg Asking Rent $2,526/mo
Lowest Lease $1,395
Highest Lease $3,500
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 78.6%
Leased under asking 14.3%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 14.3% under asking.
💰 Lease Price Summary
Average Lease $3,200/mo
Median Lease $3,200/mo
Avg Asking Rent $2,999/mo
Lowest Lease $3,200
Highest Lease $3,200
Lease / Ask Ratio 106.7%
📊 Market Activity
Leased over asking 100.0%
Leased at asking 0.0%
Leased under asking 0.0%
Avg Days on Market 31 days
Fast · 050Slow · 100+
🔥 High demand — 100% leased above asking at a 106.7% lease-to-ask ratio.
💰 Lease Price Summary
Average Lease $1,616/mo
Median Lease $1,425/mo
Avg Asking Rent $1,616/mo
Lowest Lease $1,200
Highest Lease $2,200
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 68 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · November 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Cavan Monaghan | $2,950 | $2,950 | 100.0% | 34d | ⚖️ Balanced |
| Otonabee South Monaghan | $3,767 | $3,750 | 98.8% | 46d | 🧊 Renter-Friendly |
| Trent Hills | $2,650 | $2,650 | 99.1% | 47d | 🧊 Renter-Friendly |
Frequently Asked Questions
Peterborough · November 2025
The average confirmed lease in Peterborough was $2,337/month in November 2025,
based on 23 MLS® transactions. The median was
$2,450/month.
Condos averaged $2,942/mo, freehold averaged $2,516/mo, and townhouses averaged $3,200/mo.
Units in Peterborough took an average of 55 days to lease in November 2025.
Freehold rentals averaged 46 days while condos averaged 67 days.
In November 2025, condos averaged $2,942/month while freehold rentals averaged $2,516/month —
a difference of $426/month.
Peterborough averaged $2,337/month in November 2025. Trent Hills averaged $2,650/mo. See the full November 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.
