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Rental Market Trends in Summerside, PE

What is the average rent in Summerside, PE?

$860/month

Average Rent

77 Sq Ft

Average Apartment Size

-0.3%

Decrease in the Last Year

As of April 2026, the average rent in Summerside, PE was $860/month. When you rent an apartment in Summerside, you can expect to pay as little as $822 to as much as $1,438, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$822/month
578 Sq Ft
One Bedroom
$860/month
77 Sq Ft
Two Bedroom
$1,054/month
717 Sq Ft
Three Bedroom
$1,438/month
796 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Summerside, PE?

In the past year, rent has decreased by 0.3%, which averages out to $2 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Summerside, PE
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Summerside, PE
Percentage*
Rent Range
0% Below $700/month
20% $700 - $1,000/month
80% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Summerside, PE?

Because the average rent in Summerside is $860, you’ll want to make about $2,866 per month or $34,392 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.

City

Summerside, PE

4 Available Apartments for Rent

Search for Nearby Apartments

How does Summerside, PE compare to other nearby cities and neighborhoods?

Use the tool below to compare Summerside, PE to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Summerside we think you'll love

20 MacKenzie Dr

20 MacKenzie Dr

20 MacKenzie Dr,
Summerside, PE C1N 4M1

$1,815

2 Beds

115-115 Bayview Dr

115-115 Bayview Dr

115-115 Bayview Dr,
Summerside, PE C1N 4A2

$1,095

Studio

47 King St

47 King St

47 King St,
Summerside, PE C1N 2S7

$925

1 Bed

115-115 Bayview Dr

115-115 Bayview Dr

115-115 Bayview Dr,
Summerside, PE C1N 4A2

$1,095

1 Bed

Canada Prince Edward Island Summerside Rental Trends

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.

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Equal Housing Opportunity