Cost of one-bedroom apartment last month climbed in Barrie as renters nationwide feel the squeeze
Rents are up 20 per cent across the country since the pandemic low in 2021
Challenging times for those who rent to keep a roof over their head.
According to https://rentals.ca/national-rent-report, average rents across the country are up 20 per cent since the pandemic low in 2021.
Out of 35 municipalities surveyed, Barrie was 11th overall in the cost to rent a one-bedroom apartment, with an average price of $2,034, up 3.6 per cent in April compared to March, and 13.2 per cent year-over-year from April 2022.
The average price for a two-bedroom apartment in Barrie was $2,469, which was actually a 1.1 per cent drop last month compared to March, but up 18.5 per cent in April compared to a year ago.
The lowest price for a one-bedroom was in Regina at $1,091, while Vancouver led the pack at $2,787.
