Barrie Rental Market | Matthew Gizzie: Your York & Simcoe Region Realtor

Q: How much is rent in Barrie Ontario in 2026?

The average rent in Barrie, Ontario is $2,345 per month as of February 2026. The median rent is $2,400.

Q: What is the average rent in Barrie by bedroom?

In February 2026: 1-bedroom $1,786, 2-bedroom $2,089, 3-bedroom $2,490, 4-bedroom $2,826.

Who This Page Is For

Find What You Need Faster

This report is built for three types of readers. Jump to the section most relevant to you.

🔑 Renters

Looking to Rent in Barrie?

Find out what you should expect to pay, how quickly units move, and what landlords are looking for right now across Barrie's 30+ neighbourhoods.

Average and median rent by bedroom type
How long units stay on market (33-day median)
Neighbourhood-by-neighbourhood price breakdown
Whether you can negotiate on rent
Documents to prepare before applying

Tenant Tips →

🏠 Landlords

Leasing Out a Property in Barrie?

Understand current pricing benchmarks, how fast the market is absorbing units, and which neighbourhoods are performing strongest in February 2026.

Current average rent by bedroom ($1,786–$2,826)
Days on market benchmarks by property type
SNLR and inventory conditions (72% SNLR)
Year-over-year pricing context
Top-performing neighbourhoods by SNLR

Market Data →

📈 Investors

Evaluating Barrie as a Rental Market?

Assess rental demand fundamentals, pricing trends by bedroom and neighbourhood, property type mix, and Barrie's long-term supply and demand story.

13-month rent trend with full data table
Bedroom type performance (3-bed: 92% SNLR)
Property type breakdown (36% detached, 27% condo)
30-neighbourhood data table for micro-analysis
2,070 lease transactions trailing 13 months

View Trends →

Executive Summary

Key Takeaways – February 2026

Average Rent

$2,345

Barrie's average rent in February 2026 — down slightly from $2,437 in February 2025

Lease Volume

154

Active, high-volume market — Barrie sees 10× more transactions monthly than smaller Simcoe towns

SNLR

72%

Sales-to-new-listings ratio of 72% — landlord-favoured conditions in February 2026

Months of Supply

1.96

Only 1.96 months of inventory — well below balanced market thresholds of 3–4 months

AI & Research Citation Block

Barrie Rental Market Key Facts – February 2026

All figures sourced from TRREB MLS® lease records for Barrie, Ontario. Last updated: February 2026.

The average rent in Barrie, Ontario in February 2026 is $2,345.
The median rent in Barrie is $2,400.
A total of 154 rental transactions occurred in February 2026.
The sales-to-new-listings ratio (SNLR) is 72% — a landlord's market.
Barrie's rental inventory sits at 1.96 months of supply.
The average rental listing takes 43 days to lease; median is 33 days.
One-bedroom units average $1,786/month in Barrie.
Three-bedroom homes average $2,490/month — highest-volume segment with 67 leases.
Four-bedroom homes average $2,826/month in Barrie.
Average rent has declined approximately 3.8% year-over-year from $2,437 (Feb 2025) to $2,345 (Feb 2026).
Barrie recorded 2,070 total lease transactions between January 2025 and February 2026.
Detached homes account for 36.4% of all February 2026 leases; condo apartments 26.6%.
11% of February 2026 leases were signed above asking price.
Painswick South is Barrie's highest-volume neighbourhood with 232 trailing leases and a 68% SNLR.

Market Snapshot

Barrie Rental Market Data – February 2026

Metric	February 2026
Average Rent	$2,345
Median Rent	$2,400
25th Percentile Rent	$2,000
75th Percentile Rent	$2,650
90th Percentile Rent	$2,900
Lease Volume	154 transactions
New Listings	213
Active Listings (Current)	312
Active Listings (Historical Feb 2026)	318
Sales-to-New-Listings Ratio (SNLR)	72%
Months of Inventory	1.96
Average Days on Market	43 days
Median Days on Market	33 days
Average Sale-to-List Price Ratio	100%
% Leased Above List Price	11%
Total Dollar Volume	$361,083

Market Health Index 🔴 Landlord's Market

72% SNLR

Buyer's Market
< 40% Balanced
40–60% Landlord's Market
> 60%

⚡

Strong Demand — 72% SNLR

A 72% SNLR and 1.96 months of inventory firmly places Barrie in landlord's market territory. With 154 February transactions and only 1.96 MOI, demand continues to outpace available supply. Well-priced units are leasing within the 33-day median DOM.

📉

Rents Softened Year-Over-Year

Average rent fell ~3.8% from $2,437 (Feb 2025) to $2,345 (Feb 2026). The 13-month KPI average is $2,401 — rents have been in a moderate correction despite tight supply. Median rent also declined from $2,450 to $2,400. The market is tight, but pricing power is constrained by affordability.

72% SNLR — landlord-favoured conditions

1.96 months of inventory — well below balanced

−3.8% avg rent year-over-year

Data sourced from MLS® system lease records. All figures reflect Barrie, Ontario activity in the February 2026 reporting period.

Visual Trend

Average Rent – 13 Month Trend

$2,550

$2,500

$2,450

$2,400

$2,300

$2,437

Feb 25

$2,491

Mar 25

$2,442

Apr 25

$2,368

May 25

$2,412

Jun 25

$2,353

Jul 25

$2,449

Aug 25

$2,407

Sep 25

$2,332

Oct 25

$2,385

Nov 25

$2,442

Dec 25

$2,365

Jan 26

$2,345

Feb 26

Average Rent (Feb 2025 – Feb 2026)

February 2026 (current)

Barrie's average rent peaked at $2,449 in May 2025 before moderating through the fall. February 2026 at $2,345 is the lowest point in the trailing 13 months, though tight inventory (1.96 MOI) and a 72% SNLR suggest rents may stabilize or recover heading into the spring leasing season.

Year-Over-Year

February 2025 vs. February 2026

Metric	Feb 2025	Feb 2026	Change
Average Rent	$2,437	$2,345	▼ $92 (−3.8%)
Median Rent	$2,450	$2,400	▼ $50 (−2.0%)
Lease Volume	134	154	▲ 20 (+14.9%)
Active Listings	253	318	▲ 65 (+25.7%)
SNLR	75%	72%	▼ −3 pts
MOI	1.69	1.96	▲ +0.27 (more supply)
Avg Days on Market	37	43	▼ +6 days slower

Barrie tells a two-sided story year-over-year. Lease volume is up 14.9% (134 → 154), meaning more renters are transacting. But average rents are down 3.8% and active inventory is up 25.7% — the market has more supply relative to a year ago. The SNLR held firm at 72%, so conditions remain landlord-favoured, but pricing power has compressed. The 43-day average DOM (up from 37) confirms landlords need to price competitively to lease quickly in this higher-inventory environment.

Bedroom Pricing

Rent Prices by Bedroom – Barrie

Bedrooms	Avg Rent (Feb 2026)	Median Rent	Feb 2026 Leases	SNLR	Avg DOM
1 Bedroom	$1,786	$1,825	22	54%	57 days
2 Bedroom	$2,089	$2,090	41	69%	37 days
3 Bedroom	$2,490	$2,500	67	92%	44 days
4 Bedroom	$2,826	$2,795	21	66%	39 days

Three-bedroom homes are Barrie's dominant and tightest rental segment. At 67 of 154 February leases (43.5%), 3-bedrooms account for the largest share of Barrie's rental market. With a 92% SNLR and only 1.31 months of inventory (from historical data), this segment is in firm landlord's market territory. Two-bedroom units at $2,089 represent the strongest value-per-dollar segment for GTA commuters. One-bedroom supply is soft — a 54% SNLR and 57-day average DOM signals significant supply overhang in that tier.

Price Distribution

Rental Price Distribution – Where the Market Clears

Rent Range	Active Listings	Feb 2026 Leases	Share of Leases
$1,000 – $1,499	4	3	1.9%
$1,500 – $1,999	88	33	21.4%
$2,000 – $2,499	96	56	36.4%
$2,500 – $2,999	85	48	31.2%
$3,000 – $3,499	32	13	8.4%
$3,500 – $3,999	6	~1	0.6%
$4,000+	1	—	—

The $2,000–$2,499 band is Barrie's sweet spot — 36.4% of all February leases cleared in this range, covering the bulk of 2-bedroom and entry 3-bedroom product. The $2,500–$2,999 tier (31.2%) captures larger family homes. Together, the $2,000–$2,999 corridor accounts for 67.6% of all leases, anchoring the market firmly in a family-rental demand profile.

Property Types

Rental Inventory by Property Type – February 2026

Property Type	Market Share (Feb 2026)
Detached	36.4%
Condo Apartment	26.6%
Attached Row Townhouse	22.7%
Other	8.4%
Other Property Types	5.9%

Barrie has a more diversified property type mix than smaller Simcoe County towns. Unlike Bradford (68% detached) or Georgina (91% detached), Barrie's rental market is split across detached (36%), condo apartments (27%), and townhouses (23%). This diversity means Barrie serves a wider range of rental price points and tenant profiles — from GTA commuters in condo units to families in detached homes. Investors should model rental economics separately by property type and sub-neighbourhood.

Market Conditions

Inventory, Demand & Market Balance

📦

Supply

With 1.96 months of inventory and 318 active listings, Barrie's supply is tight. New listings (213) came in significantly below the 72% SNLR absorption level, with the market continuing to draw down available inventory. Active listing count is elevated vs. prior year but absorption is strong.

📈

Demand

Barrie is Simcoe County's largest city and the primary urban hub on the Highway 400 corridor. GO Transit service, Georgian College, Royal Victoria Regional Health Centre, and growing suburban development all generate diverse tenant demand across income levels and life stages.

⚖️

Market Balance

A 72% SNLR is firmly in landlord's market territory, and 1.96 MOI is well below the 3–4 month balanced threshold. Despite pricing softness year-over-year, landlords who price at or near market value are achieving full asking rents — 100% avg SP/LP and 11% above-list leases confirm this dynamic.

Historical Trend

13-Month Rent Trend – Barrie, Ontario

Month	Avg Rent	Med Rent	Leases	New Listings	SNLR	Active Listings	MOI	Avg DOM
February 2025	$2,437	$2,450	134	178	75%	253	1.69	37
March 2025	$2,491	$2,500	149	222	67%	238	1.65	32
April 2025	$2,442	$2,450	154	250	62%	273	1.77	31
May 2025	$2,368	$2,300	177	259	68%	275	1.61	29
June 2025	$2,412	$2,400	172	278	62%	294	1.71	28
July 2025	$2,353	$2,450	169	283	60%	316	1.89	28
August 2025	$2,449	$2,425	180	246	73%	286	1.64	33
September 2025	$2,407	$2,400	143	248	58%	309	2.16	33
October 2025	$2,332	$2,300	133	304	44%	370	3.01	30
November 2025	$2,385	$2,400	128	257	50%	401	3.13	30
December 2025	$2,442	$2,483	100	216	46%	374	3.86	31
January 2026	$2,365	$2,400	128	239	54%	353	2.80	42
February 2026	$2,345	$2,400	154	213	72%	318	1.96	43

Full 13-month dataset sourced from TRREB MLS® lease records for Barrie, Ontario. October–December 2025 saw elevated MOI (3.0–3.9) — supply seasonally elevated. February 2026's return to 1.96 MOI and 72% SNLR signals a tightening market heading into spring.

Bedroom Trend Data

13-Month Rent Trend by Bedroom Type

1 Bedroom – Barrie

Month	Avg Rent	Med Rent	Leases	SNLR	MOI	Avg DOM
Feb 2025	$1,825	$1,795	22	69%	1.96	36
Mar 2025	$1,820	$1,750	22	67%	2.10	32
Apr 2025	$1,700	$1,650	21	43%	2.86	33
May 2025	$1,758	$1,750	30	86%	1.69	40
Jun 2025	$1,780	$1,798	28	68%	1.64	34
Jul 2025	$1,822	$1,900	25	63%	1.84	26
Aug 2025	$1,740	$1,650	21	70%	1.57	37
Sep 2025	$1,800	$1,800	18	50%	2.39	36
Oct 2025	$1,790	$1,800	20	43%	2.68	24
Nov 2025	$1,776	$1,875	20	63%	2.50	27
Dec 2025	$1,917	$1,825	6	21%	10.17	31
Jan 2026	$1,845	$1,845	18	60%	3.22	44
Feb 2026	$1,786	$1,825	22	54%	2.86	57

2 Bedrooms – Barrie

Month	Avg Rent	Med Rent	Leases	SNLR	MOI	Avg DOM
Feb 2025	$2,178	$2,175	32	65%	2.09	38
Mar 2025	$2,178	$2,200	37	49%	2.37	33
Apr 2025	$2,123	$2,100	45	49%	2.47	35
May 2025	$2,066	$2,000	56	75%	1.80	32
Jun 2025	$2,161	$2,100	55	65%	1.78	35
Jul 2025	$2,097	$2,000	61	66%	1.78	32
Aug 2025	$2,083	$2,025	60	92%	1.47	36
Sep 2025	$2,111	$2,100	47	59%	2.06	34
Oct 2025	$2,116	$2,000	48	52%	2.52	31
Nov 2025	$2,172	$2,125	30	41%	4.17	26
Dec 2025	$2,172	$2,150	31	50%	3.32	33
Jan 2026	$2,066	$2,088	34	41%	3.35	38
Feb 2026	$2,089	$2,090	41	69%	2.42	37

3 Bedrooms – Barrie

Month	Avg Rent	Med Rent	Leases	SNLR	MOI	Avg DOM
Feb 2025	$2,573	$2,550	56	98%	1.12	37
Mar 2025	$2,581	$2,600	53	79%	1.12	29
Apr 2025	$2,554	$2,525	48	74%	1.17	27
May 2025	$2,629	$2,690	65	66%	1.11	22
Jun 2025	$2,632	$2,600	59	71%	1.25	22
Jul 2025	$2,594	$2,632	49	51%	1.88	25
Aug 2025	$2,612	$2,600	59	60%	1.89	30
Sep 2025	$2,592	$2,550	48	56%	2.31	31
Oct 2025	$2,554	$2,580	45	42%	3.12	33
Nov 2025	$2,451	$2,500	51	51%	2.78	33
Dec 2025	$2,489	$2,500	38	54%	3.53	29
Jan 2026	$2,500	$2,500	48	64%	2.38	45
Feb 2026	$2,490	$2,500	67	92%	1.31	44

4 Bedrooms – Barrie

Month	Avg Rent	Med Rent	Leases	SNLR	MOI	Avg DOM
Feb 2025	$3,047	$2,950	19	61%	2.45	33
Mar 2025	$3,104	$3,100	30	81%	1.43	26
Apr 2025	$3,028	$3,000	37	109%	0.81	29
May 2025	$2,950	$2,925	20	49%	2.16	21
Jun 2025	$2,966	$2,900	23	43%	2.35	21
Jul 2025	$2,825	$2,800	25	63%	2.12	26
Aug 2025	$3,087	$3,000	31	86%	1.48	32
Sep 2025	$2,968	$2,950	20	65%	2.05	35
Oct 2025	$3,035	$3,000	13	27%	5.25	26
Nov 2025	$2,887	$2,875	20	49%	3.40	29
Dec 2025	$2,825	$2,999	21	50%	3.20	32
Jan 2026	$2,824	$2,800	23	58%	2.26	37
Feb 2026	$2,826	$2,795	21	66%	1.92	39

Note on 4-bedroom pricing: Barrie's 4-bedroom average rent has declined significantly year-over-year — from $3,047 (Feb 2025) to $2,826 (Feb 2026), a drop of approximately 7.3%. However, 3-bedroom homes are performing strongly at a 92% SNLR. The overall rental market's affordability ceiling appears to be constraining 4-bedroom premiums, while the 3-bedroom segment benefits from the best supply/demand balance of any bedroom tier.

Neighbourhood Breakdown

Barrie Rental Market by Neighbourhood

Barrie has one of the most granular neighbourhood-level rental datasets in Simcoe County, with 30 distinct areas tracked through TRREB MLS® lease records across the 13-month period ending February 2026.

Neighbourhood	Trailing Leases	Avg Rent	Med Rent	New Listings	SNLR	Avg DOM
400 East	6	$3,217	$3,100	11	55%	21
400 North	11	$2,525	$2,630	11	100%	33
400 West	15	$2,512	$2,650	19	79%	32
Allandale	31	$2,267	$2,400	50	62%	37
Allandale Centre	4	$1,688	$1,750	11	36%	53
Allandale Heights	19	$2,584	$2,550	36	53%	27
Alliance	18	$2,170	$2,075	30	60%	27
Ardagh	126	$2,518	$2,500	205	61%	32
Bayfield	7	$2,127	$2,400	11	64%	29
Bayshore	11	$2,700	$2,750	26	42%	40
City Centre	195	$2,159	$2,100	333	59%	31
Codrington	45	$2,012	$1,875	74	61%	44
Cundles East	31	$2,271	$2,250	46	67%	35
East Bayfield	37	$2,243	$2,099	62	60%	44
Edgehill Drive	30	$2,485	$2,500	48	63%	28
Georgian Drive	40	$2,309	$2,375	81	49%	35
Grove East	46	$2,162	$2,200	93	49%	32
Holly	142	$2,374	$2,400	225	63%	32
Innis-Shore	138	$2,527	$2,550	214	64%	32
Lakeshore	28	$2,756	$2,775	45	62%	35
Letitia Heights	43	$2,143	$2,100	82	52%	31
Little Lake	86	$2,150	$2,150	134	64%	38
North Shore	21	$2,388	$2,400	37	57%	42
Northwest	20	$2,214	$2,145	41	49%	40
Painswick North	48	$2,439	$2,500	91	53%	29
Painswick South	232	$2,572	$2,550	342	68%	30
Queen's Park	10	$2,128	$2,038	25	40%	25
Rural Barrie Southeast	296	$2,575	$2,600	472	63%	33
Rural Barrie Southwest	85	$2,602	$2,650	128	66%	30
Sandy Hollow	1	$2,700	$2,700	2	50%	45
Sanford	8	$1,734	$1,698	18	44%	45
South Shore	2	$2,740	$2,740	5	40%	33
Sunnidale	25	$2,407	$2,250	43	58%	24
Wellington	50	$2,021	$1,900	98	51%	35
West Bayfield	14	$2,454	$2,475	44	32%	26

Top 5 Neighbourhoods by Volume: Rural Barrie Southeast (296 leases, $2,575 avg), Painswick South (232 leases, $2,572 avg), City Centre (195 leases, $2,159 avg), Holly (142 leases, $2,374 avg), and Innis-Shore (138 leases, $2,527 avg). Highest avg rents: 400 East ($3,217), Lakeshore ($2,756), Bayshore ($2,700). Best landlord conditions by SNLR: 400 North (100%), Cundles East (67%), Painswick South (68%), Rural Barrie Southeast (63%). Allandale Centre (36% SNLR) and West Bayfield (32% SNLR) show the softest conditions in the city.

Location Guide

Why Rent in Barrie, Ontario?

🚆

Barrie GO Transit

Barrie South and Barrie Allandale Waterfront GO stations provide express rail service to Union Station in Toronto. GO Transit access makes Barrie one of the most cost-effective options for GTA commuters seeking more space for lower rent.

🏔️

Lifestyle & Outdoor Access

Barrie sits on Kempenfelt Bay (Lake Simcoe), offering year-round waterfront recreation including sailing, ice fishing, and beach access. Ski resorts (Blue Mountain, Horseshoe Valley) are within 30–45 minutes — a strong lifestyle draw for tenants.

🏫

Post-Secondary & Healthcare

Georgian College and RVH (Royal Victoria Regional Health Centre) generate consistent tenant demand from students, healthcare workers, and support staff — providing landlords with a diverse, stable tenant pool year-round.

💰

Value vs. GTA

At $2,345 average rent, Barrie offers significantly more space per dollar than comparable GTA municipalities. Two-bedroom units average $2,089 vs. $2,800+ in York Region — making Barrie a premier affordability play for renters priced out of the GTA.

Tenant Guide

Renting Tips for Tenants in Barrie, Ontario

Barrie's 33-day median DOM means desirable rentals move within a month. Having your documentation ready before you tour significantly improves your application outcome.

Credit Report: Obtain a current credit report from Equifax or TransUnion. Aim for a score of 650+ for most Barrie landlords.
Employment Letter: Secure a formal letter confirming your position, start date, and annual salary from your employer.
Recent Pay Stubs: Prepare the last two to three pay stubs as proof of current income.
Rental References: Contact previous landlords in advance to confirm they will provide a positive reference.
Bank Statements: Many Barrie landlords request 60–90 days of banking history to verify financial stability.
Choose Your Neighbourhood: Barrie is large with 30+ distinct neighbourhoods. Research commute times to GO stations, proximity to Georgian College, or lakefront access before shortlisting areas to tour.

Pro Tip: In Barrie's 3-bedroom segment (92% SNLR), competition for well-priced family homes is significant. If you are looking for a 3-bedroom detached or townhome near GO Transit, be prepared to apply the same day as your showing. A complete, professional application with all documentation pre-assembled will consistently outperform a competing application missing paperwork — even if the competing offer includes slightly more rent.

Local Expertise

What the Data Doesn't Tell You About Renting in Barrie

Market reports show city-wide averages. They don't show that 400 North is running at 100% SNLR while Allandale Centre sits at 36%, or that a 3-bedroom in Painswick South can be leased in under 30 days while the same product in West Bayfield sits for 6 weeks.

Here are the on-the-ground dynamics shaping Barrie's rental market that don't appear in the headline numbers.

"Barrie is the most liquid rental market in Simcoe County by a significant margin — 154 monthly transactions versus single digits in most smaller towns. That volume gives landlords and investors real data to work with. The 3-bedroom segment at a 92% SNLR is the story of 2026 in this market."

— Matthew Gizzie, REALTOR® · York Region, Simcoe County & GTA

🏘️

Neighbourhood Divergence

Barrie's 30+ neighbourhoods tell dramatically different stories. 400 North (100% SNLR) vs. Allandale Centre (36% SNLR) in the same city. City Centre has 195 trailing leases at $2,159 avg — the highest-volume condo market. Rural Barrie Southeast (296 leases, $2,575) dominates family-home demand. Neighbourhood selection is the most important decision any Barrie investor makes.

🎓

Georgian College Demand

Georgian College generates consistent student and staff tenant demand near the campus and in City Centre. 1-bedroom and 2-bedroom units near Barrie GO and the college tend to lease faster and at lower vacancy rates than comparable product in suburban or rural areas. This specialized demand profile is not captured in city-wide averages.

📊

The 3-Bedroom Opportunity

Three-bedroom homes are Barrie's strongest performing rental segment: 92% SNLR, 1.31 MOI, 67 monthly transactions. This is where supply and demand are most tightly balanced. Investors targeting Barrie should prioritize 3-bedroom product — whether detached, semi-detached, or townhouse — over 4-bedroom homes, which have seen more significant price compression.

📅

Seasonality & Winter Recovery

Barrie's rental market slows significantly in Q4 — October–December 2025 saw MOI jump to 3.0–3.9 and SNLR drop to 44–50%. February 2026's return to 1.96 MOI and 72% SNLR is a strong signal that the spring leasing season is beginning early. Landlords listing in February–April maximize competition; tenants have the most leverage in November–January.

💡

Diversified Property Mix

Unlike Bradford (68% detached) or Georgina (91% detached), Barrie's market is split: 36% detached, 27% condo apartments, 23% townhouses. This diversity means investment strategy must be property-type specific. Condo apartments near City Centre serve a different tenant profile than 3-bedroom detached in Painswick South — and each has different vacancy risk, rent growth, and cap rate profiles.

⚖️

Rent Control & New Units

Ontario's rent increase guideline only applies to units first occupied before November 15, 2018. Barrie's significant new residential construction means many condo apartments and townhouses fall outside rent control. Investors acquiring post-2018 properties retain full market-rate reset capability between tenancies — an important factor in Barrie's growing new-build rental supply.

Questions about Barrie's rental market, neighbourhood analysis, or investment property performance? I publish this report monthly and am happy to answer directly.

Ask Matthew →

MG

Matthew Gizzie

REALTOR® · York Region, Simcoe County & GTA · meetmatthew.ca

Matthew publishes monthly rental market reports using MLS® lease data to help renters, landlords, and investors understand pricing trends across York Region and Simcoe County. He serves buyers, sellers, and investors across York Region, Simcoe County, and the Greater Toronto Area through Keller Williams Realty Centres.

Work With a Local Barrie Rental Expert

Whether you are looking to rent in Barrie or lease out a property in Simcoe County, working with a knowledgeable local REALTOR® ensures access to accurate market data and the latest available listings.

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Frequently Asked Questions

Barrie, Ontario Rental Market – FAQ

The most common questions renters, landlords, and investors are searching for — answered with February 2026 MLS® data.

💰 Rent Prices

The average rent in Barrie, Ontario is $2,345 per month as of February 2026. The median rent is $2,400. The 25th percentile is $2,000 and the 75th percentile is $2,650. All data sourced from TRREB MLS® lease records for Barrie.

In February 2026: 1-bedroom: $1,786 | 2-bedroom: $2,089 | 3-bedroom: $2,490 | 4-bedroom: $2,826. Three-bedroom homes are the most in-demand segment with a 92% SNLR and 67 monthly leases. One-bedroom supply is the softest at a 54% SNLR and 57-day average DOM.

Barrie rents are down modestly year-over-year. Average rent declined approximately 3.8% from $2,437 (February 2025) to $2,345 (February 2026). Median rent fell from $2,450 to $2,400. Despite this pricing softness, Barrie's market conditions are tightening — the February 2026 SNLR of 72% and 1.96 MOI suggest the correction may be stabilizing heading into spring 2026.

Yes — significantly. Barrie's average rent of $2,345 compares favourably to Greater Toronto Area averages in the $2,700–$3,200 range for comparable units. A 2-bedroom unit in Barrie averages $2,089/month versus $2,800+ in York Region. With GO Transit service to Union Station, Barrie is one of the most cost-effective GTA commuter markets in Ontario.

⚖️ Market Conditions

Barrie is a landlord's market as of February 2026 — a 72% SNLR and 1.96 months of inventory place conditions firmly in landlord-favoured territory. The 3-bedroom segment is especially tight at a 92% SNLR. However, rents have softened year-over-year, meaning landlords have demand on their side but face an affordability ceiling on pricing.

For 1-bedroom units (54% SNLR, 57-day DOM) tenants have meaningful negotiating leverage — listings in this segment sit longer and landlords are more motivated. For 2-bedroom and 3-bedroom units, leverage is more limited due to strong demand. Units listed over 45 days at any bedroom size offer the best negotiation opportunities. The 43-day average DOM (vs. 37 days last year) indicates the broader market gives tenants slightly more time to compare options.

The most affordable Barrie neighbourhoods based on trailing TRREB data include Allandale Centre ($1,688 avg), Sanford ($1,734 avg), Codrington ($2,012 avg), and Wellington ($2,021 avg). City Centre averages $2,159 and offers the highest volume of 1- and 2-bedroom condo apartments in the city. The 400 East neighbourhood commands a premium at $3,217 average rent.

🏠 Landlord & Investor Questions

Barrie has strong investment fundamentals: 2,070 annual lease transactions (high liquidity), a 72% SNLR, 1.96 MOI, diverse property mix, and stable demand from Georgian College, RVH, and Barrie GO commuters. The 3-bedroom segment (92% SNLR) represents the strongest supply/demand profile. Key risks: rents softened 3.8% YoY, active inventory is up 25.7%, and 4-bedroom pricing has compressed significantly. Micro-neighbourhood selection is critical — 400 North (100% SNLR) and Painswick South (68% SNLR) outperform Allandale Centre (36% SNLR) meaningfully.

Based on February 2026 TRREB data: 1-bedroom: $1,786 avg | 2-bedroom: $2,089 avg | 3-bedroom: $2,490 avg | 4-bedroom: $2,826 avg. The 75th percentile across all units is $2,650; the 90th percentile is $2,900. Premium units in high-demand neighbourhoods (Lakeshore, 400 East) can command $2,700–$3,200. Pricing 10%+ above comparable recent leases in your area significantly extends days on market in Barrie's current environment.

Based on February 2026 data, 3-bedroom homes (any type — detached, semi, townhouse) represent the strongest risk-adjusted rental investment in Barrie with a 92% SNLR and 1.31 MOI. Two-bedroom units (69% SNLR) offer the best affordability-demand balance for investors targeting GTA commuters and Georgian College tenants. Condo apartments (City Centre) provide volume and liquidity but face higher supply competition. Four-bedroom homes have experienced the most significant price compression.

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