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City in Ontario

Homes for rent under $1M in Carleton Place

14 homes in Carleton Place are listed for rent under $1M, which is 100% of everything for rent. Freehold townhouses are the largest group.

family-friendly community-oriented quiet suburban

12,517 people lived in Carleton Place at the 2021 Census, in 5,210 households. 70% of households owned their home and 30% rented. The most common homes were single-detached houses (54%) and low-rise apartments (19%). 41% of homes were built before 1981, and 23% since 2011. 88% of commuters went to work by car and 0% by public transit.

Carleton Place, Ontario

Homes for Rent in Carleton Place Under $1M

Day to dayLivability

5.5

Schools near listings

out of 10 · averaged over 1,521 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$624,000

13% below Ontario

In Carleton Place

$624,000

In Ontario

$716,900

Median monthly rent

$2,800/mo

12% above Ontario

In Carleton Place

$2,800

In Ontario

$2,499

$164

Per square foot

≈ 18.6 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $624,000

Houses 75 · Condos 4

For rent

Median $2,800

Houses 12 · Condos 2

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable compared to province median prices
Plenty of parks for recreation

Keep in mind

No public transit options available
Prices are above the provincial median for sales

The feel of the placeLifestyle

Daily life in Carleton Place is relaxed, with access to parks and local amenities. It is a great place for families and those who enjoy a quieter community.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

10.1 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 10.1 km² of Carleton Place. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.6/10

Average rating of the 5 rated schools in this area

Elementary

Secondary

Notre Dame Catholic Separate School
Catholic · Grades 7–8 · CDSB of Eastern Ontario
6.8/107.0 over 5 yrs
254th of 3,045 Ontario elementary schools
230 students · EQAO 2024-2025
École élémentaire catholique J.-L.-Couroux
Independent · French · Grades JK–8 · CSDC du Centre-Est de l'Ontario
6.7/107.2 over 5 yrs
1,101st of 3,045 Ontario elementary schools
280 students · EQAO 2024-2025
Carleton Place High School
Public · Grades 9–12 · Upper Canada DSB
5.7/106.2 over 5 yrs
440th of 742 Ontario secondary schools
670 students · EQAO 2024-2025
Arklan Community Public School
Public · Grades JK–6 · Upper Canada DSB
5.0/105.3 over 5 yrs
2,196th of 3,045 Ontario elementary schools
400 students · EQAO 2024-2025
Caldwell Street Elementary School
Public · Grades JK–6 · Upper Canada DSB
3.9/105.6 over 5 yrs
2,601st of 3,045 Ontario elementary schools
385 students · EQAO 2024-2025
Carleton Place Intermediate School
Public · Upper Canada DSB
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Carleton Place, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

12,517

Population (2021)

9.9 km²

Area

1,259

People per km²

41.8

Median age

$89,848

Median income

70%

Own their home

2.4

People per household

5,210

Households

Every age

Children (under 15)17.9%
Working age (15–64)61.7%
Seniors (65+)20.4%

What is built here

Detached houses53.5%
Semi-detached12%
Townhouses14.6%
Duplexes0.5%
Low-rise apartments18.8%
Other attached homes0.5%

Own or rent

70%Owners

30%Renters

Across 5,210 households

When it was built

Mostly 1960 or earlier

1960 or earlier25%
1961–198016%
1981–199012%
1991–200012%
2001–20055%
2006–20105%
2011–20156%
2016–202117%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

7.8%
Born outside Canada: 20.7%
Hold a degree or higher: 59.3%
Employment rate: 0%
Commute by transit: 88.2%
Commute by car: 1.7
Children per family: $78,738
Median income after tax: $101,956
Average household income: 7.2%
Living on a low income: $1,491/mo
Renters pay, per month: $1,462/mo
Owners pay, per month: $481,711
Median home value at census: 37.4%
Renters spending 30%+ of income on housing: 10.3%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 17 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about homes for rent under $1M in Carleton Place

How many homes in Carleton Place rent for under $1M?

14 homes in Carleton Place are listed for rent under $1M today, 100% of the 14 homes for rent. Their median rent is $2,800/mo.

All rentals in Carleton Place

What kind of home can I rent in Carleton Place for under $1M?

Under $1M, Carleton Place has freehold townhouses (5), multiplexes (3) and detached houses (2) for rent. Most have 2 to 4 bedrooms.

Townhouses for rent in Carleton Place

Keep looking

More Rentals in Carleton Place

14 homes are for rent in Carleton Place. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.