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City in Ontario

Condos for rent under $700K in Cobourg

2 condos in Cobourg are listed for rent under $700K, which is 7% of everything for rent.

community-oriented relaxed family-friendly

20,519 people lived in Cobourg at the 2021 Census, in 9,130 households. 69% of households owned their home and 31% rented. The most common homes were single-detached houses (58%) and low-rise apartments (20%). 52% of homes were built before 1981, and 12% since 2011. 89% of commuters went to work by car and 1% by public transit.

Population of 20,519
Cobourg, Ontario — HOMEH neighbourhood guide

Cobourg, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Condos for Rent in Cobourg Under $700K

Photo of Unit 316, 325 University Avenue W
For RentNew Listing
Listed for:

Listed 6 days ago

$1,940

Unit 316, 325 University Avenue W

Cobourg, ON K9A 3S9

1 + 1Bedrooms
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 301, 941 Charles Wilson Parkway
For RentCorner Unit
Listed for:

Listed 14 days ago

$2,900

Unit 301, 941 Charles Wilson Parkway

Cobourg, ON K9A 0L2

2Bedrooms
2Bathrooms
1Parking
1K-1.2KSq Ft

Condo ApartmentFor Rent

Day to dayLivability

55

Walkability

out of 100 · averaged over 10,409 past and present listings

Average walk score reported on listings here

5.7

Schools near listings

out of 10 · averaged over 10,409 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

$699,000

2% below Ontario

In Cobourg

$699,000

In Ontario

$716,900

Median monthly rent

$2,300/mo

8% below Ontario

In Cobourg

$2,300

In Ontario

$2,499

$1,520

Per square foot

≈ 25.3 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

189

Median $699,000

Houses 157 · Condos 32

For rent

27

Median $2,300

Houses 17 · Condos 10

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

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 provincial median prices
  • Good number of parks and recreational areas
  • Community feel with a small population

Keep in mind

  • Walkability score is average at 55
  • Limited public transit options

The feel of the placeLifestyle

Daily life in Cobourg is relaxed, with access to parks and local shops. Residents enjoy a close-knit community atmosphere.

Great for first-time buyers families those seeking a quieter lifestyle

Within the boundaryWhat's nearby

The boundary

22.3 km²

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

40

Parks

29

Playgrounds

1

Transit stations

7

Grocery stores

34

Restaurants

12

Cafés

8

Gyms

1

Libraries

8

Pharmacies

Counted across all 22.3 km² of Cobourg. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.7/10

Average rating of the 8 rated schools in this area

8

Elementary

3

Secondary

  • St. Mary Catholic Secondary School

    Catholic · Grades 9–12 · Peterborough Victoria Northum Clarington CDSB

    7.1/106.5 over 5 yrs

    201st of 742 Ontario secondary schools

    835 students · EQAO 2024-2025

  • St. Michael Catholic Elementary School

    Catholic · Grades JK–8 · Peterborough Victoria Northum Clarington CDSB

    6.7/105.7 over 5 yrs

    1,101st of 3,045 Ontario elementary schools

    160 students · EQAO 2024-2025

  • Burnham Public School

    Public · Grades JK–6 · Kawartha Pine Ridge DSB

    6.0/105.3 over 5 yrs

    1,590th of 3,045 Ontario elementary schools

    275 students · EQAO 2024-2025

  • Terry Fox Public School

    Public · Grades JK–8 · Kawartha Pine Ridge DSB

    5.8/105.4 over 5 yrs

    1,729th of 3,045 Ontario elementary schools

    390 students · EQAO 2024-2025

  • Cobourg Collegiate Institute

    Public · Grades 9–12 · Kawartha Pine Ridge DSB

    5.6/106.3 over 5 yrs

    453rd of 742 Ontario secondary schools

    1,110 students · EQAO 2024-2025

  • C R Gummow Public School

    Public · Grades JK–8 · Kawartha Pine Ridge DSB

    5.2/106.3 over 5 yrs

    2,081st of 3,045 Ontario elementary schools

    795 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Cobourg, 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

20,519

Population (2021)

22.4 km²

Area

916

People per km²

53.8

Median age

$79,444

Median income

69%

Own their home

2.2

People per household

9,130

Households

Every age

  • Children (under 15)12.3%
  • Working age (15–64)53.6%
  • Seniors (65+)34.1%

What is built here

  • Detached houses57.6%
  • Semi-detached4.3%
  • Townhouses12.3%
  • Duplexes1.8%
  • Low-rise apartments19.6%
  • High-rise apartments3.9%

Own or rent

69%Owners

31%Renters

Across 9,130 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier28%
  • 1961–198024%
  • 1981–199011%
  • 1991–200012%
  • 2001–20056%
  • 2006–20107%
  • 2011–20157%
  • 2016–20215%

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.

12.8%
Born outside Canada
20.3%
Hold a degree or higher
44.4%
Employment rate
0.5%
Commute by transit
88.6%
Commute by car
1.7
Children per family
$70,818
Median income after tax
$97,289
Average household income
9.6%
Living on a low income
$1,448/mo
Renters pay, per month
$1,023/mo
Owners pay, per month
$596,932
Median home value at census
38.2%
Renters spending 30%+ of income on housing
11.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 34 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 condos for rent under $700K in Cobourg

How many condos in Cobourg rent for under $700K?

2 condos in Cobourg are listed for rent under $700K today, 7% of the 27 homes for rent. Their median rent is $2,420/mo.

All rentals in Cobourg 

What kind of condo can I rent in Cobourg for under $700K?

Under $700K, Cobourg has condo apartments (2) for rent.

Condos for rent in Cobourg 
Keep looking

More Rentals in Cobourg

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