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City in Ontario

Houses for sale under $1M in Cobourg

Looking for cheap houses for sale in Cobourg? 158 homes in Cobourg are listed for sale under $1M, which is 84% of everything for sale. Detached houses are the largest group.

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

Houses for Sale in Cobourg Under $1M

Day to dayLivability

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

Median $2,300

Houses 17 · Condos 10

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 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.

Parks

Playgrounds

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Libraries

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

Elementary

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 houses for sale under $1M in Cobourg

How many homes in Cobourg sell for under $1M?

158 homes in Cobourg are listed for sale under $1M today, 84% of the 189 homes for sale. Their median asking price is $666,900.

All homes for sale in Cobourg

What kind of home can I buy in Cobourg for under $1M?

Under $1M, Cobourg has detached houses (77), freehold townhouses (21) and condo apartments (19) for sale. Most range from studios to 5 bedrooms.

Houses for sale in Cobourg

Keep looking

More Homes for Sale in Cobourg

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