Rent Trends for Apartments in Thunder Bay

March 2026

Bedroom count	Thunder Bay	vs Last Month
Studio	$1,220	No change
1 Bedroom	$1,600	up 4.92%
2 Bedroom	$1,800	down 13.59%
3 Bedroom	$2,250	up 2.51%

Median rent as of March 15, 2026

This March, we've analyzed our 40 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 remained the same at $1,600.

Cities Near Thunder Bay

Hancock Apartments Houghton Apartments Lake Linden Apartments

Top Neighborhoods in Thunder Bay

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Apartment Types in Thunder Bay

Pet Friendly Apartments in Thunder Bay Cheap Apartments in Thunder Bay Luxury Apartments in Thunder Bay Short Term Rentals in Thunder Bay

Find Your Dream Apartment for Rent in Thunder Bay

PadMapper has 40 condos, houses, and apartments for rent in Thunder Bay. Specifically, 1 studio apartments, 7 one-bedroom apartments, 5 two-bedroom apartments, 11 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.

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