Loading homes in Cobourg…
No listings match these filters in this area.
Try zooming out or widening your filters.
City in Ontario
Homes for rent under $1M in Cobourg
26 homes in Cobourg are listed for rent under $1M, which is 100% of everything for rent. Multiplexes are the largest group.
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.
Cobourg, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Homes for Rent in Cobourg Under $1M
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
In Cobourg
$699,000
In Ontario
$716,900
Median monthly rent
$2,300/mo
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
195
Median $699,000
Houses 160 · Condos 35
For rent
26
Median $2,300
Houses 20 · Condos 6
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.
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 2026-10-26.
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 yrs201st 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 yrs1,101st 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 yrs1,590th 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 yrs1,729th 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 yrs453rd 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 yrs2,081st 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)
Common questions about homes for rent under $1M in Cobourg
How many homes in Cobourg rent for under $1M?
26 homes in Cobourg are listed for rent under $1M today, 100% of the 26 homes for rent. Their median rent is $2,300/mo.
All rentals in CobourgWhat kind of home can I rent in Cobourg for under $1M?
Under $1M, Cobourg has multiplexes (7), detached houses (6) and condo townhouses (4) for rent. Most range from studios to 4 bedrooms.
Multiplexes for rent in CobourgMore Rentals in Cobourg
26 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.