Get to know
Thunder Bay
35
APARTMENTS
12
NEIGHBORHOODS
Rent Trends for Apartments in Thunder Bay
February 2026
| Bedroom count | Thunder Bay | vs Last Month |
|---|---|---|
| Studio | $1,220 | No change |
| 1 Bedroom | $1,525 |  down 4.69% |
| 2 Bedroom | $2,183 |  up 15.20% |
| 3 Bedroom | $2,200 | No change |
Median rent as of February 1, 2026
This February, we've analyzed our 35 listings in Thunder Bay to determine the rent trend. We're updating our tables in real time to give you the most up to date Thunder Bay median apartment rent prices by bedroom count.
The median rent for a studio apartment remained the same at $1,220, while the median rent for a 1 bedroom apartment increased by 5.17% to $1,525.
Cities Near Thunder Bay
Top Neighborhoods in Thunder Bay
Find Your Dream Apartment for Rent in Thunder Bay
PadMapper has 35 condos, houses, and apartments for rent in Thunder Bay. Specifically, 1 studio apartments, 4 one-bedroom apartments, 5 two-bedroom apartments, 9 three-bedroom apartments are currently available for rent.
We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.
Thunder Bay ON Cheap Apartments for Rent
Rent
LengthÂ
Bedrooms
Save
21 Results
$1,220–$1,320
Studio–1 Bedroom Apartments · Vickers Park, Thunder Bay
$1,450–$2,995
1–2 Bedrooms Apartments · Calgary, AB
$1,450
1 Bedroom · 1 Bathroom Apartment · Shuniah, Thunder Bay
5+ Days Ago
$1,450
1 Bedroom · 1 Bathroom Apartment · Vickers Park, Thunder Bay
5+ Days Ago
$1,500
2 Bedrooms · 1 Bathroom Apartment · Thunder Bay, ON
5 Hours Ago
$1,600
1 Bedroom · 1 Bathroom Apartment · Northwood, Thunder Bay
5 Hours Ago
$1,600
1 Bedroom · 1 Bathroom Apartment · Northwood, Thunder Bay
3 Days Ago
$1,700–$1,895
1–2 Bedrooms Apartments · Thunder Bay, ON
$1,895
3 Bedrooms · 1 Bathroom Apartment · Westfort, Thunder Bay
16 Hours Ago
$1,899–$1,999
3 Bedrooms Apartments · Westfort, Thunder Bay
$1,995
3 Bedrooms · 1 Bathroom Apartment · Green Acres, Thunder Bay
16 Hours Ago
$2,000
2 Bedrooms · 1 Bathroom Apartment · Simpson-Ogden, Thunder Bay
5+ Days Ago
$2,100
3 Bedrooms · 1 Bathroom Apartment · Academy Heights, Thunder Bay
5+ Days Ago
$2,195
3 Bedrooms Apartment · Westfort, Thunder Bay
$2,200
2 Bedrooms · 1 Bathroom Apartment · Thunder Bay, ON
5+ Days Ago
$2,200
2 Bedrooms · 1 Bathroom Apartment · Northwood, Thunder Bay
5+ Days Ago
$2,200
3 Bedrooms · 1 Bathroom Apartment · Court-Cumberland, Thunder Bay
5+ Days Ago
$2,300
3 Bedrooms Apartment · County Park, Thunder Bay
$2,400
3 Bedrooms · 1 Bathroom Apartment · Shuniah, Thunder Bay
5+ Days Ago
$2,450
2 Bedrooms · 1 Bathroom Apartment · Westfort, Thunder Bay
5+ Days Ago