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City in Ontario

Townhouses for rent in Peterborough

There are 6 townhouses for rent in Peterborough today, with a median rent of $1,375/mo (-31% vs. all rentals in Peterborough). The most active neighbourhoods are Town Ward 3, Northcrest Ward 5 and Monaghan Ward 2.

community-oriented family-friendly affordable

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.

Population of 81,032
Peterborough, Ontario — HOMEH neighbourhood guide

Peterborough, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Peterborough Townhouse Rentals

Photo of 883 Broadway Boulevard
For RentOpen HouseFinished Basement
Listed for:

Listed 4 days ago

$2,850

883 Broadway Boulevard

Peterborough (Northcrest Ward 5), ON K9H 0J1

3Bedrooms
4Bathrooms
1Garage
1.5K-2KSq Ft

Freehold TownhouseFor Rent

Photo of Unit 2ND FLOOR, 480 Donegal Street
For Rent
Listed for:

Listed 14 days ago

$1,300

Unit 2ND FLOOR, 480 Donegal Street

Peterborough (Town Ward 3), ON K9H 4L8

1Bedroom
1Bathroom
0Garage
< 700Sq Ft

Freehold TownhouseFor Rent

Photo of Unit 2ND FLOOR, 476 Donegal Street
For Rent
Listed for:

Listed 14 days ago

$1,300

Unit 2ND FLOOR, 476 Donegal Street

Peterborough (Town Ward 3), ON K9H 4L8

1Bedroom
1Bathroom
0Garage
< 700Sq Ft

Freehold TownhouseFor Rent

Photo of 478 Donegal Street
For RentSeparate Entrance
Listed for:

Listed 14 days ago

$1,450

478 Donegal Street

Peterborough (Town Ward 3), ON K9H 4L8

2Bedrooms
1Bathroom
0Garage
< 700Sq Ft

Freehold TownhouseFor Rent

Photo of Unit Upper, 284 Louden Terrace
For Rent
Listed for:

Listed 24 days ago

$2,400

Unit Upper, 284 Louden Terrace

Peterborough (Monaghan Ward 2), ON K9J 0C3

3Bedrooms
2Bathrooms
1Garage
1.5K-2KSq Ft

Freehold TownhouseFor Rent

Photo of Unit Bedroom 4, 1630 Hetherington Drive
For Rent
Listed for:

Listed May 12, 2026

$675

Unit Bedroom 4, 1630 Hetherington Drive

Peterborough (Northcrest Ward 5), ON K9L 0G6

1Bedroom
2Bathrooms
0Garage
1.5K-2KSq Ft

Freehold TownhouseFor Rent

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

$585,500

18% below Ontario

In Peterborough

$585,500

In Ontario

$716,900

Median monthly rent

$1,995/mo

20% below Ontario

In Peterborough

$1,995

In Ontario

$2,499

$323

Per square foot

≈ 24.5 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

380

Median $585,500

Houses 335 · Condos 45

For rent

65

Median $1,995

Houses 61 · Condos 4

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 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.

Great for first-time buyers families renters

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 yrs

    275th 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 yrs

    1,165th 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 yrs

    1,300th 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 yrs

    1,366th 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 yrs

    1,366th 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 yrs

    1,444th 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)

HOMEH Market Pulse Townhouses only Through September 2026 Moderate sales history

What townhouses in Peterborough actually sell for

At least 59 townhouses changed hands in Peterborough over the 12 months to September 2026. Half sold above $585,885 and half below, 3.9% lower than the 12 months before. A typical townhouse found its buyer in 35 days — 4 days slower than a year ago.

7 of the last 12 months had at least 5 closed townhouses 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 sold price
$586K
-3.9% year over year
Days to sell
35
4 days slower
Sales closed
59
last 12 months
Per square foot
$450
from 59 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one townhouse here differs from the next.

$942K$740K$538K$336K
Feb ’24Nov ’24Nov ’25Aug ’26
Median sold price Middle half of sales

What buyers actually paid

$972,600

on a $1,000,000 asking price — under ask by $27,400

−10%Asking price+10%
Of the asking price
97.3%
Sold over asking
8.5%

From 59 sales that closed here in the last 12 months.

What actually trades in Peterborough

A single median hides this: the mix of townhouses behind it, and what each kind costs.

59sales
  • Condo town$622K55.9%
  • Freehold town$540K44.1%

How fast it moves

Median days on market, month by month. Taller means slower.

Feb 2024Aug 2026

Terracotta marks the last 12 months.

Every month behind these charts — Peterborough, sales
Monthly closed sales in Peterborough
MonthClosedMedianMiddle halfDays% of ask
Aug 20265$660,000$655K – $703K2799.4%
Jun 202616$612,169$519K – $693K3697.2%
May 20267$535,000$518K – $630K2097.4%
Apr 202612$598,125$518K – $700K2397.9%
Feb 20265$610,000$505K – $610K2398.4%
Dec 20256$540,000$515K – $565K5596.0%
Nov 20258$532,500$378K – $664K6295.3%
Sep 202510$580,000$399K – $780K5197.5%
Aug 20257$588,000$507K – $741K4998.0%
Jul 20257$700,000$452K – $788K1598.5%
Apr 202510$572,450$530K – $900K1298.6%
Mar 202513$643,154$575K – $737K2998.1%
Jan 20255$595,000$395K – $615K4897.2%
Nov 20246$580,000$534K – $641K2198.4%
Sep 20245$805,000$625K – $815K1898.8%
Aug 20246$437,500$382K – $583K1598.3%
Jun 20245$535,000$530K – $590K14100.0%
May 20246$590,500$568K – $594K12100.1%
Mar 20245$615,000$565K – $630K1396.9%
Feb 20245$600,000$585K – $635K12100.9%

Compiled by HOMEH from sales 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 townhouse. Not an appraisal or an opinion of value.

Keep looking

More Rentals in Peterborough

65 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.