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Market Overview
The rental market in Burnaby continues to draw attention from residents who want convenience, comfort, and access to everyday essentials. Right now, there are 110 active listings that match properties for rent, giving prospective renters a meaningful snapshot of what’s currently available. With an average price of $2,912, the area offers a range of possibilities for different lifestyles and budgets, while the average time on market of 28 days suggests how quickly homes are being leased once they’re listed. Recent movement in pricing, reflected by +20.7%, helps illustrate whether conditions are trending more competitive or more renter-friendly. Taken together, these indicators make it easier to understand the pace of the market and what to expect when planning a move. Whether someone is prioritizing space, location, or a particular property style, Burnaby remains a strong option to monitor for properties for rent.
Browse Listings
Visitors can explore 110 available properties for rent in Burnaby to compare layouts, building styles, and locations within the community. Inventory often includes a mix of options, from practical homes designed for easy day-to-day living to properties that emphasize extra space, natural light, or privacy. This flexibility is part of what makes the area appealing to people at different life stages and with different housing needs. Those who are actively searching can browse for rent to see what’s new, what has recently changed, and which listings best match their priorities. Filtering by 4+-bedroom or by properties can help narrow the search and surface the most relevant opportunities quickly.
Pricing Insights
Pricing for properties for rent in Burnaby is best understood by looking at both the overall average and the range of active listings. Another useful benchmark is the average price per square foot, which is $3. This metric can help renters compare value across different homes that may appear similar at first glance but differ in usable space, finish level, or layout efficiency. It also provides a practical way to evaluate choices when the budget is fixed but the preferred size or configuration is flexible. Reviewing the breakdown by bedroom count can further clarify how pricing tends to scale with space and suitability for roommates, families, or work-from-home needs.
Average Prices by Bedroom
Bedrooms Avg. Price Listings 1 Bed $2,071 28 2 Beds $2,758 52 3 Beds $4,109 22 4 Beds $4,950 2 5+ Beds $5,475 2 Living in the Area
Life in Burnaby is often defined by a comfortable balance between daily convenience and a sense of neighbourhood identity. Many residents choose the area for its overall livability—whether that means being closer to workplaces, having straightforward routes for commuting, or enjoying a setting that feels established and welcoming. The general character can range from quieter residential pockets to more active corridors, creating options for people who prefer calm surroundings as well as those who want to be nearer to shops and services.
Walkability can vary by micro-location, but the area is typically appreciated for having essential amenities within a reasonable distance, along with a community atmosphere that encourages people to settle in and stay awhile. For renters, this translates into flexibility: some households prioritize proximity to everyday errands, while others look for a bit more space and privacy. The local housing mix also helps support different lifestyles—those seeking low-maintenance living, those needing additional room, and those looking for a particular type of home within properties.
Ultimately, Burnaby tends to appeal to people who value practical access to the routines that matter most—work, school, recreation, and social time—without losing the feeling of living in a real neighbourhood. For anyone comparing multiple communities, spending time reviewing listings and considering how each location fits into a typical week is an effective way to identify the best match.
Market Trends
To better understand how conditions are changing over time, the following comparison highlights key performance indicators for properties for rent in Burnaby.
Market Trends
Period Avg. Price Listings Avg. DOM Current $2,912 110 28 days Last 12 Months $18,994 355 35 days Last 90 Days $2,876 242 146 days Top Areas
Burnaby often includes several smaller pockets that can feel distinct from one another. Exploring sub-areas can help renters focus on the environment and housing style that best fits their priorities.
Top Areas
Area Avg. Price Listings Avg. DOM Metrotown $2,808 34 28 days Brentwood $3,206 24 29 days Edmonds $2,784 13 30 days South Slope $2,857 7 17 days Lougheed $2,713 6 40 days Highgate $2,770 6 18 days Montecito $3,110 5 54 days UniverCity $2,575 4 27 days Burnaby Lake $4,050 3 5 days Central Burnaby $1,865 2 10 days Frequently Asked Questions
What is the average price of properties for rent in Burnaby?
The current average price is $2,912.
How many properties for rent are available in Burnaby right now?
There are 110 active listings that match properties for rent. Availability can change quickly, so checking back frequently is a helpful way to catch new listings and monitor price adjustments.
How long do rentals typically stay on the market in Burnaby?
On average, listings spend about 28 days on the market. A shorter average can indicate faster-moving conditions, while a longer average may suggest there is more time to compare options and book viewings before making a decision.
What’s the best way to narrow down listings for rent?
Start by focusing on the essentials—such as 4+-bedroom, preferred properties, and the budget range that aligns with $2,912. From there, comparing value using $3 and reviewing how each option fits a typical routine can help identify the most practical choice among the 110 current listings.
Some good places to grab a bite are Deer Lake Wonton House, Viva Sue Pizza or Subway. Venture a little further for a meal at one of the neighbourhood's restaurants. If you love coffee, you're not too far from Tim Hortons located at 5059 Canada Way. Groceries can be found at Wild West Coast Seafoods which is a 6-minute walk and you'll find Champlain Chiropractic Health a 6-minute walk as well. For those days you just want to be indoors, look no further than Burnaby Village Museum and Burnaby Art Gallery to keep you occupied for hours. Love being outside? Look no further than Wilton Avenue Park Site and Lubbock's Wood Park, which are both only steps away.
Getting around the area is made simple. There is Eastbound Canada Way @ Rugby St Bus Stop, a short walk, with route New West Station/brentwood Station, route Holdom Station/edmonds Station, and more nearby.