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Rental Market Trends in Burnaby, BC

What is the average rent in Burnaby, BC?

C$2,059/month

Average Rent

516 Sq Ft

Average Apartment Size

-1.3%

Decrease in the Last Year

As of May 2025, the average rent in Burnaby, BC was C$2,059/month. When you rent an apartment in Burnaby, you can expect to pay as little as C$1,886 to as much as C$3,270, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
C$1,886/month
410 Sq Ft
One Bedroom
C$2,059/month
516 Sq Ft
Two Bedroom
C$2,558/month
648 Sq Ft
Three Bedroom
C$3,270/month
1,098 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$2,175/month
133 Sq Ft
Two Bedroom
C$3,005/month
192 Sq Ft
Three Bedroom
C$3,579/month
342 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$2,465/month
595 Sq Ft
Two Bedroom
C$3,037/month
815 Sq Ft
Three Bedroom
C$3,750/month
1,128 Sq Ft

How much has average rent changed in Burnaby, BC?

In the past year, rent has decreased by 1.3%, which averages out to C$26 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Burnaby, BC
Last Updated May 2025
Above C$2,000
Most rental prices fall within this range
Rent Ranges in Burnaby, BC
Percentage*
Rent Range
0% Below C$700/month
0% C$700 - C$1,000/month
9% C$1,001 - C$1,500/month
29% C$1,501 - C$2,000/month
62% Above C$2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Burnaby?

Based on current rent prices, Burnaby is the most affordable neighborhood in Burnaby.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Burnaby
C$2,528/month
634 Sq Ft

What are the most expensive neighborhoods in Burnaby?

Based on current rent prices, Burnaby is the most expensive neighborhood in Burnaby.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Burnaby
C$2,528/month
634 Sq Ft

Which Burnaby neighborhoods have the most rentals available?

The neighborhood in Burnaby with the most apartments available is Burnaby .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Burnaby
C$2,528/month
634 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Burnaby, BC?

Because the average rent in Burnaby is C$2,059, you’ll want to make about C$6,863 per month or C$82,356 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

Burnaby, BC

621 Available Apartments for Rent

Search for Nearby Apartments

How does Burnaby, BC compare to other nearby cities and neighborhoods?

Use the tool below to compare Burnaby, BC 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.

Explore the Area Guide for Burnaby, BC

Apartment Averages

Burnaby

Burnaby, BC

Burnaby

Burnaby, BC

Studio
C$1,886/month
C$1,886/month
One Bedroom
C$2,054/month
C$2,054/month
Two Bedroom
C$2,560/month
C$2,560/month
Three Bedroom
C$3,270/month
C$3,270/month
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Nearby City Rent Trends

  • New Westminster Average Rent
  • Port Moody Average Rent
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  • Vancouver Average Rent
  • Richmond Average Rent
  • Port Coquitlam Average Rent
  • North Vancouver District Average Rent
  • Delta Average Rent

Apartment communities in Burnaby we think you'll love

Edmonds Heights

Edmonds Heights

7907 Edmonds St,
Burnaby, BC V3N 0J9

Studio - 3 Beds | C$1,975 - C$4,549

3583 Kingsway

3583 Kingsway

3583 Kingsway,
Vancouver, BC V5R 5L9

Studio - 2 Beds | C$2,099 - C$3,219

Meridian

Meridian

515 Cottonwood Av,
Coquitlam, BC V3J 2R4

1-3 Beds | C$2,505 - C$4,615

Red Sol

Red Sol

750 Robinson St,
Coquitlam, BC V3J 0P5

1-3 Beds | C$2,329 - C$3,558

Canada British Columbia Burnaby 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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