150 Mill St
150 Mill St,
Carleton Place, ON K7C 1T4
2 Beds | $2,880
Rental Market Trends in Carleton Place, ON
Updated August 2026
The average rent in Carleton Place, ON is $1,801/month.
$1,801/month
Average Rent
310 Sq Ft
Average Size
-0.5%
Change / Year
19
Available Apartments
Carleton Place rent varies by unit size and layout:
- Studio apartments in Carleton Place average per month.
- One-bedroom apartments in Carleton Place average $1,801 per month.
- Two-bedroom apartments in Carleton Place average $2,259 per month.
- Three-bedroom apartments in Carleton Place average $2,168 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Carleton Place, ON?
In the past year, rent has decreased by 0.5%, which averages out to $9 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Carleton Place, ON
August 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
100%
Above $2,000/month
What salary do I need to live comfortably in Carleton Place, ON?
Because the average rent in Carleton Place is $1,801, you’ll want to make about $6,003 per month or $72,036 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Carleton Place, ON compare to other nearby cities and neighbourhoods?
Use the tool below to compare Carleton Place, ON to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Carleton Place We Think You'll Love
Frequently Asked Questions
What is the average rent in Carleton Place?
The average rent in Carleton Place is $1,801 per month, which is 3.3% higher than the national average of $1,744.
Are rents going up or down in Carleton Place?
Rents in Carleton Place, ON are decreasing, with prices down 0.5% year-over-year and $9 less per month.
What rent range is most common in Carleton Place?
In Carleton Place, ON, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.