Real Estate for Rent in Monaghan Ward 2, Peterborough, ON
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Neighbourhood in Peterborough
Monaghan Ward 2
Monaghan Ward 2 is a residential neighbourhood in Peterborough, Ontario. It features a mix of housing options and a family-friendly atmosphere.
Peterborough, Ontario
© Mapbox © OpenStreetMap
At a glance
Listed 12 days ago
Unit Lower Unit, 939 Dainard Drive
Peterborough (Monaghan Ward 2), ON K9K 2A7
DetachedFor Rent
Listed 16 days ago
Unit Main, 890 Weller Street
Peterborough (Monaghan Ward 2), ON K9J 4X8
Upper LevelFor Rent
Listed 18 days ago
620 Lemay Grove
Peterborough (Monaghan Ward 2), ON K9K 0H7
DetachedFor Rent
Listed 18 days ago
232 O'Neil Street
Peterborough (Monaghan Ward 2), ON K9K 0H1
DetachedFor Rent
Day to dayLivability
5.9
Schools near listings
out of 10 · averaged over 1,231 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 Monaghan Ward 2
$699,000
In Peterborough
$585,999
In Ontario
$714,900
Median monthly rent
$2,999/mo
In Monaghan Ward 2
$2,999
In Peterborough
$1,995
In Ontario
$2,500
$302
Per square foot
≈ 19.4 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
100
Median $699,000
Houses 94 · Condos 6
For rent
13
Median $2,999
Houses 12 · Condos 1
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-18. 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
- Family-friendly with good schools
- Many parks for outdoor activities
- Strong community feel
- Majority of homes are owner-occupied
Keep in mind
- Higher prices compared to city median
- Limited public transit options
The feel of the placeLifestyle
Residents enjoy a suburban lifestyle with access to schools and parks. Daily life is calm and community-focused.
Within the boundaryWhat's nearby
The boundary
10.8 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
14
Parks
27
Playgrounds
1
Grocery stores
3
Restaurants
2
Cafés
2
Gyms
4
Pharmacies
Counted across all 10.8 km² of Monaghan Ward 2. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
6.2/10
Average rating of the 5 rated schools in this area
6
Elementary
2
Secondary
St. Catherine Catholic Elementary School
Catholic · Grades JK–8 · Peterborough Victoria Northum Clarington CDSB
6.3/106.3 over 5 yrs1,366th of 3,045 Ontario elementary schools
610 students · EQAO 2024-2025
Westmount Public School
Public · Grades JK–8 · Kawartha Pine Ridge DSB
6.3/106.4 over 5 yrs1,366th of 3,045 Ontario elementary schools
475 students · EQAO 2024-2025
James Strath Public School
Public · Grades JK–8 · Kawartha Pine Ridge DSB
6.1/106.5 over 5 yrs1,525th of 3,045 Ontario elementary schools
720 students · EQAO 2024-2025
St. Teresa Catholic Elementary School
Catholic · Grades JK–8 · Peterborough Victoria Northum Clarington CDSB
6.1/105.4 over 5 yrs1,525th of 3,045 Ontario elementary schools
300 students · EQAO 2024-2025
Kawartha Heights Public School
Public · Grades JK–6 · Kawartha Pine Ridge DSB
6.0/106.0 over 5 yrs1,590th of 3,045 Ontario elementary schools
235 students · EQAO 2024-2025
Peterborough Regional Health Centre
Public · Grades 7–12 · Kawartha Pine Ridge DSB
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Monaghan Ward 2, 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
16,833
Population (2021)
11.3 km²
Area
1,486
People per km²
46.5
Median age
$103,778
Median income
80%
Own their home
2.6
People per household
6,255
Households
Every age
- Children (under 15)16.4%
- Working age (15–64)57.9%
- Seniors (65+)25.7%
What is built here
- Detached houses72.9%
- Semi-detached2%
- Townhouses13.4%
- Duplexes3.2%
- Low-rise apartments6.3%
- High-rise apartments2.1%
Own or rent
80%Owners
20%Renters
Across 6,255 households
When it was built
Mostly 1961–1980
- 1960 or earlier11%
- 1961–198031%
- 1981–199018%
- 1991–200011%
- 2001–20059%
- 2006–20108%
- 2011–20156%
- 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.
- 11.3%
- Born outside Canada
- 30.6%
- Hold a degree or higher
- 51.8%
- Employment rate
- 1.6%
- Commute by transit
- 90.8%
- Commute by car
- 1.8
- Children per family
- $89,496
- Median income after tax
- $121,589
- Average household income
- 6%
- Living on a low income
- $1,805/mo
- Renters pay, per month
- $1,224/mo
- Owners pay, per month
- $623,815
- Median home value at census
- 34.9%
- Renters spending 30%+ of income on housing
- 8.8%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 24 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, Photo: © Mapbox © OpenStreetMap
What homes in Monaghan Ward 2 actually rent for
53 homes were leased in Monaghan Ward 2 over the 12 months to September 2026. Half leased above $2,915 and half below, 2.7% lower than the 12 months before. A typical home found its tenant in 28 days — 7 days quicker than a year ago.
- Median rent
- $2,915
- -2.7% year over year
- Days to lease
- 28
- 7 days quicker
- Leases closed
- 53
- last 12 months
- Rent per square foot
- $1.66/mo
- from 51 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.
What renters actually paid
$2,984/mo
on a $3,000 asking rent — under ask by $16
- Of the asking rent
- 99.5%
- Leased over asking
- 1.9%
From 53 leases that closed here in the last 12 months.
Rent or buy in Monaghan Ward 2
18.9 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$661,405
231 sales
Median rent
$2,915/mo
53 leases
Gross rental yield
5.29%
before costs
Both figures come from deals that actually closed in Monaghan Ward 2 over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
What actually rents in Monaghan Ward 2
A single median hides this: the mix of homes behind it, and what each kind costs.
- Detached$2,94843.4%
- Other kinds, too few of each —56.6%
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Monaghan Ward 2, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 1 | Not enough leases this month to report a median | |||
| Aug 2026 | 6 | $3,025 | $2,300 – $3,484 | 33 | 100.0% |
| Jul 2026 | 8 | $2,675 | $2,388 – $3,175 | 23 | 100.0% |
| Jun 2026 | 3 | Not enough leases this month to report a median | |||
| May 2026 | 5 | $3,100 | $2,990 – $3,150 | 33 | 100.0% |
| Apr 2026 | 5 | $2,900 | $2,900 – $3,400 | 32 | 100.0% |
| Mar 2026 | 8 | $3,125 | $1,899 – $3,500 | 33 | 100.0% |
| Feb 2026 | 6 | $2,625 | $2,238 – $3,275 | 28 | 99.0% |
| Jan 2026 | 4 | Not enough leases this month to report a median | |||
| Dec 2025 | 1 | Not enough leases this month to report a median | |||
| Nov 2025 | 2 | Not enough leases this month to report a median | |||
| Oct 2025 | 4 | Not enough leases this month to report a median | |||
| Sep 2025 | 7 | $3,250 | $2,950 – $3,445 | 33 | 100.0% |
| Aug 2025 | 7 | $3,100 | $2,500 – $3,125 | 42 | 98.4% |
| Jul 2025 | 6 | $2,850 | $2,725 – $3,050 | 27 | 100.0% |
| Jun 2025 | 5 | $3,200 | $2,850 – $3,300 | 15 | 100.0% |
| May 2025 | 4 | Not enough leases this month to report a median | |||
| Apr 2025 | 8 | $2,725 | $2,524 – $2,950 | 16 | 100.0% |
| Mar 2025 | 7 | $3,300 | $3,300 – $3,500 | 38 | 100.0% |
| Feb 2025 | 6 | $3,250 | $3,125 – $3,338 | 40 | 97.0% |
| Jan 2025 | 8 | $2,700 | $2,400 – $3,325 | 42 | 100.0% |
| Dec 2024 | 8 | $3,150 | $2,750 – $3,385 | 57 | 94.7% |
| Nov 2024 | 5 | $2,300 | $2,200 – $2,400 | 55 | 100.0% |
| Oct 2024 | 5 | $3,150 | $3,000 – $3,250 | 19 | 94.6% |
| Sep 2024 | 13 | $3,000 | $2,600 – $3,150 | 26 | 100.0% |
| Aug 2024 | 17 | $3,150 | $3,000 – $3,500 | 36 | 100.0% |
| Jul 2024 | 14 | $2,975 | $2,813 – $3,400 | 46 | 100.0% |
| Jun 2024 | 8 | $3,075 | $2,875 – $3,200 | 40 | 100.0% |
| May 2024 | 7 | $2,800 | $2,675 – $3,150 | 30 | 100.0% |
| Apr 2024 | 6 | $2,875 | $2,375 – $3,375 | 31 | 100.0% |
| Feb 2024 | 2 | Not enough leases this month to report a median | |||
| Jan 2024 | 3 | Not enough leases this month to report a median | |||
| Dec 2023 | 3 | Not enough leases this month to report a median | |||
| Nov 2023 | 1 | Not enough leases this month to report a median | |||
11 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.
What people ask about Monaghan Ward 2
How much does a home cost in Monaghan Ward 2?
Homes in Monaghan Ward 2 sold for a median of $661,405 over the 12 months to September 2026, across 231 closed sales — half sold for more and half for less. That is 5.6% lower than the 12 months before it.
How long does it take to sell a home in Monaghan Ward 2?
A home in Monaghan Ward 2 took a median of 30 days on the market over the 12 months to September 2026. Homes there closed at 97.5% of the asking price on average, with 6.9% selling over asking.
How much is rent in Monaghan Ward 2?
The median lease in Monaghan Ward 2 closed at $2,915 a month over the 12 months to September 2026, across 53 leases.
Is it cheaper to rent or buy in Monaghan Ward 2?
A home in Monaghan Ward 2 costs about 18.9 years of the rent on one — the median price of $661,405 against a median rent of $2,915 a month, a gross yield of 5.29%. The shorter that number, the closer buying is to renting before financing costs.
What kind of homes sell in Monaghan Ward 2?
Over the 12 months to September 2026 the mix in Monaghan Ward 2 was detached (73.6% of sales, median $702,383) and freehold town (10.8% of sales, median $545,688).
Compiled by HOMEH from leases reported closed in Monaghan Ward 2 on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.
A condo here is its own market
4 condo apartments and 1 condo townhouse are on the market in Monaghan Ward 2 right now. Too few have closed here in the last year for us to publish a median we would stand behind.