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City in Ontario
Multi-family homes for rent in Peterborough
There are 26 multi-family homes and income properties for rent in Peterborough today, with a median rent of $1,775/mo (-11% vs. all rentals in Peterborough). The most active neighbourhoods are Town Ward 3, Ashburnham Ward 4 and Otonabee Ward 1.
81,910 people lived in Peterborough at the 2021 Census, in 35,395 households. 59% of households owned their home and 41% rented. The most common homes were single-detached houses (57%) and low-rise apartments (18%). 64% of homes were built before 1981, and 5% since 2011. 85% of commuters went to work by car and 3% by public transit.
Peterborough, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Multi-Family Rentals in Peterborough
Day to dayLivability
55
Walkability
out of 100 · averaged over 49,569 past and present listings
Average walk score reported on listings here
5.1
Schools near listings
out of 10 · averaged over 49,569 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
$585,000
In Peterborough
$585,000
In Ontario
$716,900
Median monthly rent
$2,000/mo
In Peterborough
$2,000
In Ontario
$2,499
$323
Per square foot
≈ 24.4 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
380
Median $585,000
Houses 336 · Condos 44
For rent
63
Median $2,000
Houses 59 · Condos 4
Recently sold
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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 median home price at $599,999
- Good number of parks and recreational spaces
- Strong community feel with a population density of 1387.5 per km²
Keep in mind
- Limited public transit options
- Walkability score of 55, moderate for walking
The feel of the placeLifestyle
Daily life in Peterborough is relaxed with access to parks and local shops. Residents enjoy a community-oriented atmosphere.
Within the boundaryWhat's nearby
The boundary
60.7 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
103
Parks
171
Playgrounds
21
Grocery stores
107
Restaurants
37
Cafés
20
Gyms
3
Libraries
30
Pharmacies
Counted across all 60.7 km² of Peterborough. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
5.0/10
Average rating of the 28 rated schools in this area
30
Elementary
14
Secondary
St. Peter Catholic Secondary School
Catholic · Grades 9–12 · Peterborough Victoria Northum Clarington CDSB
6.7/106.7 over 5 yrs275th of 742 Ontario secondary schools
1,035 students · EQAO 2024-2025
ÉÉC Monseigneur-Jamot
Independent · French · Grades JK–8 · CSC MonAvenir
6.6/106.8 over 5 yrs1,165th of 3,045 Ontario elementary schools
245 students · EQAO 2024-2025
St. Paul Catholic Elementary School
Catholic · Grades JK–8 · Peterborough Victoria Northum Clarington CDSB
6.4/106.4 over 5 yrs1,300th of 3,045 Ontario elementary schools
330 students · EQAO 2024-2025
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
Edmison Heights Public School
Public · Grades JK–6 · Kawartha Pine Ridge DSB
6.2/106.8 over 5 yrs1,444th of 3,045 Ontario elementary schools
530 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Peterborough, 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
81,910
Population (2021)
61.1 km²
Area
1,341
People per km²
44.4
Median age
$76,801
Median income
59%
Own their home
2.3
People per household
35,395
Households
Every age
- Children (under 15)14.1%
- Working age (15–64)61.5%
- Seniors (65+)24.4%
What is built here
- Detached houses56.7%
- Semi-detached2.2%
- Townhouses8.2%
- Duplexes7.3%
- Low-rise apartments17.9%
- High-rise apartments7.3%
Own or rent
59%Owners
41%Renters
Across 35,395 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier37%
- 1961–198028%
- 1981–199012%
- 1991–20009%
- 2001–20054%
- 2006–20104%
- 2011–20153%
- 2016–20212%
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.
- 9.5%
- Born outside Canada
- 22.8%
- Hold a degree or higher
- 48.8%
- Employment rate
- 3.1%
- Commute by transit
- 84.8%
- Commute by car
- 1.7
- Children per family
- $68,459
- Median income after tax
- $90,286
- Average household income
- 13.1%
- Living on a low income
- $1,241/mo
- Renters pay, per month
- $1,158/mo
- Owners pay, per month
- $527,660
- Median home value at census
- 38%
- 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 130 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)
What multiplexes in Peterborough actually rent for
At least 43 multiplexes were leased in Peterborough over the 12 months to September 2026. Half leased above $1,680 and half below, 16.4% lower than the 12 months before. A typical multiplex found its tenant in 38 days — 7 days slower than a year ago.
1 of the last 12 months had at least 5 closed multiplexes sales in Peterborough. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.
- Median rent
- $1,680
- -16.4% year over year
- Days to lease
- 38
- 7 days slower
- Leases closed
- 43
- last 12 months
- Rent per square foot
- $2.05/mo
- from 19 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 multiplex here differs from the next.
What renters actually paid
$3,000/mo
on a $3,000 asking rent — right at the asking rent
- Of the asking rent
- 100.0%
- Leased over asking
- 0%
From 43 leases that closed here in the last 12 months.
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 — Peterborough, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 6 | $1,300 | $1,263 – $1,600 | 80 | 100.0% |
| Jul 2026 | 7 | $1,750 | $1,513 – $2,124 | 22 | 100.0% |
| Jun 2026 | 9 | $1,875 | $1,700 – $2,000 | 51 | 100.0% |
| Apr 2026 | 7 | $1,800 | $1,573 – $1,875 | 20 | 100.0% |
| Mar 2026 | 9 | $1,550 | $1,250 – $1,595 | 36 | 100.0% |
| Dec 2025 | 5 | $1,750 | $1,640 – $1,750 | 12 | 100.0% |
| Jul 2025 | 6 | $2,010 | $1,705 – $2,563 | 31 | 100.0% |
What people ask about Peterborough
How much is rent for a multiplex in Peterborough?
The median multiplex lease in Peterborough closed at $1,680 a month over the 12 months to September 2026, across at least 43 leases.
Compiled by HOMEH from leases reported closed in Peterborough 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 multiplex. Not an appraisal or an opinion of value.
More Rentals in Peterborough
63 homes are for rent in Peterborough. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.