South Barrie Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 9 tracked properties across South Barrie, Barrie.
South Barrie Rental Market Overview
As of late September 2026, the South Barrie submarket in the municipality of Barrie—concentrated within postal forwarding sector L4N across 9 tracked residential developments—demonstrates an active equilibrium where landlord expectations and tenant lease executions align closely. Based on 4 closed leases recorded over the trailing 30 days, the effective average realized rent sits at $2,463 per month at an average rate of $2.26 per square foot. This performance matches the broader municipality of Barrie average of $2,463 per month, reflecting identical town-wide benchmarks.
Simultaneously, active market inventory comprises 15 available suites asking an average of $2,572 per month ($2.90 per square foot). This creates an asking-to-realized spread of $109 per month across current supply. Transaction activity spans a total historical sample of 29 closed leases, with 16 transactions completed over the trailing 90 days. Multi-residential demand is led primarily by 1-bedroom and multi-bedroom configurations, supported by consistent absorption across the submarket's tracked buildings.
Get a free rent estimate for any South Barrie condo
Analyze verified lease comps and active asking rates across 9 buildings in South Barrie.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across South Barrie
Closed Leases
Transactions that closed in September 2026 across South Barrie
South Barrie Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in September 2026.
South Barrie Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in South Barrie, Barrie.
| Action | |||||
|---|---|---|---|---|---|
Elements Condominiums 15 Kneeshaw Drive | $2,119/mo | $2.67/SF | 4leases | 1unit | Comps |
Bistro 6 - Fennel Two 5 Chef Lane | $2,163/mo | $2.35/SF | 4leases | 1unit | Comps |
Bistro 6 - Sumac 4 Spice Way | $2,275/mo | $2.39/SF | 2leases | 3units | Comps |
The Deanwood 70 Dean Avenue | $2,224/mo | $2.62/SF | 1lease | 5units | Comps |
Bistro 6 - Chili One 10 Culinary Lane | $2,600/mo | $2.00/SF | 1lease | 1unit | Comps |
Bistro 6 - Tumeric 8 Culinary Lane | $2,700/mo | $2.25/SF | 1lease | 1unit | Comps |
41 Pumpkin Corner Crescent 41 Pumpkin Corner Crescent | $1,600/mo | $2.91/SF | 1lease | 0units | Comps |
Bistro 6 - Chilli Two 1 Chef Lane | $2,150(ask) | $2.87 (ask) | 0leases | 2units | Comps |
32 Wagon Lane N 32 Wagon Lane N | $1,895(ask) | $3.45 (ask) | 0leases | 1unit | Comps |
15 Kneeshaw Drive
5 Chef Lane
4 Spice Way
70 Dean Avenue
10 Culinary Lane
8 Culinary Lane
41 Pumpkin Corner Crescent
1 Chef Lane
32 Wagon Lane N
Derived from verified closed lease contracts finalized during September 2026 across multi-residential buildings in South Barrie.
Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).
Total executed lease agreements. In boutique buildings with fewer than 2 monthly leases, comps automatically expand to a 90-day rolling window to preserve statistical validity.
The duration from public MLS listing publication to final binding agreement. Active supply reflects current vacant or upcoming units available for rent.
South Barrie Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for South Barrie
As of late September 2026, the South Barrie submarket in the municipality of Barrie—concentrated within postal forwarding sector L4N across 9 tracked residential developments—demonstrates an active equilibrium where landlord expectations and tenant lease executions align closely. Based on 4 closed leases recorded over the trailing 30 days, the effective average realized rent sits at $2,463 per month at an average rate of $2.26 per square foot. This performance matches the broader municipality of Barrie average of $2,463 per month, reflecting identical town-wide benchmarks.
Simultaneously, active market inventory comprises 15 available suites asking an average of $2,572 per month ($2.90 per square foot). This creates an asking-to-realized spread of $109 per month across current supply. Transaction activity spans a total historical sample of 29 closed leases, with 16 transactions completed over the trailing 90 days. Multi-residential demand is led primarily by 1-bedroom and multi-bedroom configurations, supported by consistent absorption across the submarket's tracked buildings.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in South Barrie is currently $2,463/month ($2.26/SF), with an average leasing velocity of 24 Days on Market. Compared to the overall Barrie municipal benchmark ($2,463/month), South Barrie trades at a 0% parity, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from 41 Pumpkin Corner Crescent ($1,600/mo) to Bistro 6 - Tumeric ($2,700/mo).
Month Over Month Trends
Short-term pricing movement in South Barrie shows a month-over-month rent adjustment of $363 per month, representing a 17.29% increase compared to the prior 30-day window where 5 closed leases averaged $2,100 per month ($2.59 per square foot). This upward shift is driven primarily by transaction mix changes and a higher volume of larger 2-bedroom and multi-bedroom suite leases executed during the current 30-day window, moving the realized average closer to upper-tier inventory benchmarks rather than underlying monthly unit deflation.
Longer Term Trends & Rental Dispersion
Mid-term and historical pricing stability across South Barrie is supported by consistent transaction data from the L4N postal sector. The 90-day realized average stands at $2,212 per month, holding steady against the 180-day average of $2,215 per month and the historical baseline of $2,209 per month. Overall rent dispersion across the submarket's 29 historical transactions reveals a minimum realized rent of $1,600 per month and a maximum of $2,700 per month.
The median realized rent sits at $2,224 per month, with the interquartile range spanning from a 25th percentile (p25) of $2,050 per month to a 75th percentile (p75) of $2,375 per month. This total IQR price spread of $325 per month illustrates a tight concentration of leasing values across the middle 50% of the submarket's tracked inventory.
Currently across South Barrie's 9 tracked multi-family properties, there are 15 active rental listings with an average asking rent of $2,572/month ($2.90/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,463/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Renters targeting South Barrie should anticipate a competitive leasing environment where properties average 24 days on the market before securing a tenant. Prospective applicants should aim for the submarket's middle 50% benchmark range, where realized monthly rents span from a 25th percentile of $2,050 to a 75th percentile of $2,375, anchored by an overall median rent of $2,224 per month. Stepping up in suite size incurs predictable cost adjustments: moving from a standard 1-bedroom unit (averaging $1,969 across 719 sqft) to a 1-bedroom plus den adds $124 per month (a 6.3% increase for 131 additional square feet). Advancing from a 1-bedroom to a standard 2-bedroom suite (averaging $2,325 across 1,075 sqft) requires a step-up of $356 per month (18.08%), while transitioning to a 2-bedroom plus den adds another $57 per month. Three-bedroom configurations average $2,625 per month across 1,300 square feet. Renters should verify whether reserved parking is bundled into asking rents, as unbundled lease comps indicate variable parking cost structures across tracked developments.
For Landlords
Landlords and condo investors operating in South Barrie must balance aspirational asking targets against verified closed lease benchmarks. With active listings averaging $2,572 per month against closed leases executing at $2,463 per month, an asking-to-realized spread of $109 per month exists across the submarket. Overpricing inventory beyond the 75th percentile benchmark of $2,375 per month risks extending vacancy beyond the submarket average of 24 days on the market. Given an absorption rate of 21.1% across 15 active listings, property owners should price units in strict alignment with recent L4N closed comps—particularly for 1-bedroom suites averaging $1,969 and 2-bedroom configurations averaging $2,325. Maintaining transparent lease terms regarding parking and utility allocations remains essential for securing qualified applicants swiftly.
For Realtors
Real Estate professionals representing clients in South Barrie's L4N postal sector must navigate available inventory comprising 15 active listings across 9 tracked residential developments. With market liquidity supported by an average days on market of 24 days—matching the broader Barrie municipal benchmark—agents should advise buyers and sellers that market velocity is steady and predictable. Managing list-to-lease spreads is critical, as active asking rents average $2,572 compared to closed realized rents of $2,463. Agents representing landlords should utilize the submarket's middle 50% IQR range ($2,050 to $2,375) to set realistic pricing expectations, while tenant agents can leverage the $109 asking-to-realized spread to negotiate favorable lease terms on properties lingering past the 24-day market average.
South Barrie Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating South Barrie, Barrie
What is the average rent for a condominium or apartment in South Barrie, Barrie?
South Barrie's average realized lease price is $2,463 per month ($2.26 per square foot), based on 4 recorded transactions over the trailing 30 days ending September 30, 2026. Most middle-market leases fall within an interquartile range of $2,050 (25th percentile) to $2,375 (75th percentile) per month, with an overall median rent of $2,224 per month. This performance matches the broader Barrie municipal average of $2,463 per month.
How much is a 1-bedroom apartment in South Barrie?
The average rent for a 1-bedroom apartment in South Barrie, Barrie is $1,969 per month ($2.75 per square foot) based on 9 closed leases over the trailing 180 days, while 1-bedroom plus den suites average $2,093 per month ($2.47 per square foot) based on 5 closed leases. Most 1-bedroom units lease between $1,900 (25th percentile) and $2,050 (75th percentile) per month, with an average size of 719 square feet.
How much is a 2-bedroom apartment in South Barrie?
The average rent for a 2-bedroom apartment in South Barrie, Barrie is $2,325 per month ($2.21 per square foot) based on 6 closed leases over the trailing 180 days, while 2-bedroom plus den suites average $2,382 per month ($2.16 per square foot) based on 7 closed leases. Most standard 2-bedroom units lease between $2,206 (25th percentile) and $2,356 (75th percentile) per month across an average of 1,075 square feet, representing a $356 (18.08%) monthly step-up from standard 1-bedroom layouts.
How much is a 3-bedroom apartment in South Barrie?
The average rent for a 3-bedroom apartment in South Barrie, Barrie is $2,625 per month ($2.02 per square foot), based on trailing 180-day data across 2 closed transactions. Three-bedroom suites in this submarket represent a scarce inventory segment, averaging 1,300 square feet with a middle 50% range spanning from $2,612 to $2,638 per month.
What are the most affordable and premium condo and apartment buildings in South Barrie?
Within South Barrie, Bistro 6 - Chili One commands the highest average lease rate at approximately $2,400 per month across 3 tracked transactions, while entry-level private transactions across tracked submarket inventory start at $1,600 per month.
How does rent in South Barrie compare to the overall Barrie average?
Rental rates in South Barrie closely mirror the wider Barrie municipal average, with both benchmarks sitting at $2,463 per month. Properties in South Barrie spend an average of 24 days on the market, matching the broader Barrie municipal average of 24 days.
What are the postal code FSAs for South Barrie?
Condo and apartment rentals in South Barrie primarily fall within postal forward sortation areas (FSAs) such as L4N.
How fast do rental units lease in South Barrie (Days on Market)?
Rental listings in South Barrie spend an average of 24 days on the market before leasing, based on 30-day tracking through September 30, 2026—matching the broader Barrie municipal benchmark of 24 days.
How should landlords price their rental listings in South Barrie to avoid vacancy loss?
With active listings averaging $2,572 against closed leases executing at $2,463—an asking-to-realized spread of $109 per month—landlords should price units in strict alignment with recent closed lease benchmarks rather than aspirational asking rates to prevent vacancy extending past the submarket average of 24 days.
How much more will a unit with a parking spot in South Barrie rent for versus a unit without one?
A distinct parking premium cannot be isolated from current data because most tracked listings either bundle parking into the lease or sample variations in unit size obscure the standalone rate.
Are parking spaces, lockers, and utilities included in South Barrie rents?
Standard lease agreements in Ontario require renters to set up separate accounts for suite hydro and heating/cooling power. Water service and common amenity upkeep are almost universally included in the owner's monthly maintenance fees.