Peterborough · East City to Trent

Tenant placement in Peterborough, from downtown to Trent

We price, list, show and screen, then prepare the Ontario standard lease or a customized lease for your Peterborough rental. You approve the tenant. One flat fee of one month's rent plus HST, paid only when they sign.

Free · No obligation · $0 until your tenant signs · 10-Month replacement guarantee

5.0 on Google (2 reviews)100+ properties rented

In short

Zola places screened tenants in Peterborough houses, apartments and additional residential units. Peterborough licenses rental housing every year under By-law 17-067, including units with four bedrooms rented out and lodging houses, which matters near Trent University and Fleming College. You pay one month's rent plus HST when your tenant signs.

Peterborough rules to know before you rent

We don't have Peterborough reviews to show yet, so here are the City's own rules, and where to check them.

  • Rental licences, renewed every yearUnder Business Licence By-law 17-067, small and large rental dwelling units (from four bedrooms offered for rent) and small and large lodging houses (five or more bedrooms not rented as one household) need a licence, renewed every year.Source: City of Peterborough, rental premises licences, checked October 18, 2026
  • Additional units: recognized through permitsBasement apartments and other additional residential units are legally recognized through a building permit, a licence or a fire inspection. Units that existed by November 16, 1995 may be exempt from some current zoning rules.Source: City of Peterborough, additional residential units, checked October 18, 2026
  • Newer units and rent controlUnits first lived in after November 15, 2018 are exempt from Ontario's yearly guideline. Older units follow it: 1.9% for 2027.Source: Government of Ontario, residential rent increases, checked October 18, 2026

These are summaries to help you plan, not legal advice. Check the City's pages for your own property.

Renting in Peterborough: what we see

Peterborough is a university and college city on the Otonabee River, with a hospital, a lively downtown and steady demand from students and families.

Near Trent and Fleming

Houses and apartments in the north end near Trent University, and in the south end near Fleming College's Sutherland campus. Bigger student houses may need the City's rental licence, so we check bedroom counts before listing.

Downtown and East City

Older houses, duplexes and apartments above shops near the Otonabee, a short drive from Peterborough Regional Health Centre. Tenants ask about heating and parking first.

Family neighbourhoods

Houses and townhouses in the west end and around Kawartha Heights, rented to families who want schools and parks, often on longer leases.

Average asking rents in Peterborough, September 2026

UnitAsking rentvs. a year earlier
1-bedroom$1,692up 1.4%
2-bedroom$1,964up 0.2%

All listed units, every size: $1,926 a month on average.

Source: Rentals.ca and Urbanation, National Rent Report, published October 7, 2026, with September 2026 listings. These are asking rents on new listings, not what sitting tenants pay. Rents across Ontario

Peterborough rental rules at a glance

Rental licence or unit registration

Yearly licences for rentals with four or more bedrooms for rent and for lodging houses (By-law 17-067). Source: rental licence or unit registration

Checked October 18, 2026. Ontario-wide rules apply everywhere; we list only the local ones we found. Compare Peterborough with other Ontario cities

Where we work in Peterborough

We work across Peterborough by appointment and meet you and your applicants at the property.

  • Downtown
  • East City
  • Ashburnham
  • The Avenues
  • Northcrest
  • Westmount
  • Kawartha Heights
  • Otonabee
  • Monaghan

Nearby towns we also serve: Selwyn.

How it works in Peterborough

A free strategy call on day 1, with a rental market analysis for your area; professional photos and a listing live within 12 to 24 hours; then showings, screening and a signed lease, usually about three weeks in all. You pay one month's rent plus HST when your tenant signs.

437-448-6162 · info@zolapropertymanagement.com

The full process

Peterborough questions

Does my Peterborough rental need a licence?

If it's a rental unit with four or more bedrooms offered for rent, or a lodging house, yes, renewed every year under By-law 17-067. Smaller units don't fall into those classes.

When should I list a unit near Trent or Fleming?

Student demand peaks before the school year, so many leases start in May or September. We'll suggest a listing date on the strategy call.

What should a one-bedroom in Peterborough rent for?

It depends on the unit. One-bedroom asking rents averaged $1,692 in September 2026, up 1.4% from a year earlier. We price against comparable listings near you.

Free · No obligation · $0 until your tenant signs · 10-Month replacement guarantee

5.0 on Google (2 reviews)100+ properties rented

Other areas we serve in Peterborough, the Kawarthas and Northumberland