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Barrie ranked 3rd most expensive city to rent apartment, surpasses Toronto

A sign advertising a rental unit. (Shutterstock) A sign advertising a rental unit. (Shutterstock)
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Barrie, Ont. -

A one-bedroom apartment in Barrie is now going to cost renters more than a similar apartment in Toronto, according to PadMapper.com.

The online site reports a one-bedroom in the City of Barrie rose 4.8 per cent in July to an average of $1,730 - $20 more than what renters would pay in The Big Smoke.

The price of a two-bedroom in Barrie jumped 18.5 per cent since this time last year to $1,920.

Barrie now has the third-highest rental rate in the country, behind Vancouver and Burnaby.

Toronto dropped to fourth place for the first time ever.

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