
Cheap Apartments for Rent in Burnaby, BC from $400 (188 Rentals)
Search the lowest-cost Apartments available for rent right now in Burnaby.


Burnaby Centre

Mountain Park Residences

Dania Gardens Senior 55+ Housing

2351 Beta Ave

Horizon Towers

7068 Jubilee Ave

306 Esmond Av

304 Rosser Ave

6837 Station Hill Dr, Unit 407
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

6837 Station Hill Dr, Unit 407

4864 Watling St

4864 Watling St

6080 Marine Dr

6080 Marine Dr

Linwood Court

Sunset Park Apartments

8227 14th Ave

7505 Kingsway

7505 Kingsway
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

3740 Albert St, Unit x

3740 Albert St, Unit x

6952 Curtis St

6952 Curtis St

16XX Ellesmere Ave

16XX Ellesmere Ave

4296 Dundas St

4473 Oxford St

5912 Hastings St, Unit 48

5912 Hastings St, Unit 48
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Dow 3

Ashley House Apartments

Kingsview

Chateau Delon Apartments

3773 Burke St

7495 Aubrey St

The Daniel

Nelson Towers

Halifax Towers Apartments

Panarama Tower
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

6478 Broadway

4792 Ridgelawn Dr

4792 Ridgelawn Dr

Carrigan Court Apartments

9080 University Crescent

7178 Collier St

7230 Kitchener St

7230 Kitchener St

5026 Dominion St

5026 Dominion St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Burnaby, BC Local Guide

How much does it cost to rent an apartment in Burnaby?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Burnaby Studio Apartments | $1,848 | $1,450 | $2,160 |
| Cheap Burnaby 1 Bedroom Apartments | $2,482 | $1,600 | $8,262 |
| Cheap Burnaby 2 Bedroom Apartments | $3,485 | $1,350 | $7,417 |
| Cheap Burnaby 3 Bedroom Apartments | $5,504 | $1,150 | $10,000+ |
| Cheap Burnaby 4 Bedroom Apartments | $3,064 | $1,420 | $4,708 |
Browse Top Apartments in Burnaby
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Burnaby, BC Local Guide
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Cheapest Available Burnaby Apartments for Rent
 The cheapest available apartment rental in Burnaby, BC is a Studio unit found at Holly Tree Apartments in the New Westminster neighborhood priced from $1,485. Linwood Court in the Burnaby neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,495. Here is today’s list of the most affordable Burnaby apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Holly Tree Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,485 |
| Linwood Court | Bachelor A | Studio,1BA | $1,495 |
| Sydney Place Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,595 |
| Cameron Manor | 1 bedroom | 1BR,1BA | $1,600 |
| Uptown Apartments | 1 bedroom | 1BR,1BA | $1,600 |
| Tantus Tower | 0 Beds, 1 Baths | Studio,1BA | $1,605 |
| Uptown West | Studio | Studio,1BA | $1,640 |
| Sherbrooke Manor Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,680 |
| Colonial House Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,685 |
| The Terraces on Tenth | 1 Beds, 1 Baths | 1BR,1BA | $1,690 |
Best Value Apartments for Rent in Burnaby, BC
As of July 25, 2026 the best value apartment in the Burnaby area is the $1.63 price per square foot 2 Bedroom Model at The Dockyards At Port Royal in the in the New Westminster neighborhood starting from $2,395. The second greatest value Burnaby apartment is the 3 Beds, 1 Baths Model at Hillcrest Manor Apartments starting at $3,150 with a $2.69 price per square foot in the New Westminster neighborhood. Here is today’s list of the best values for Burnaby apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Dockyards At Port Royal | 2 Bedroom | 2BR,2BA | $1.63 |
| Hillcrest Manor Apartments | 3 Beds, 1 Baths | 3BR,1BA | $2.69 |
| The Westport Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.25 |
| The Terraces on Tenth | 1 Beds, 1 Baths | 1BR,1BA | $2.47 |
| Redwood Manor | 1 Beds, 1 Baths | 1BR,1BA | $2.49 |
| The Laurels Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.50 |
| Daylin Manor Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.57 |
| Lynn Gary Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.57 |
| The Somerset Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.60 |
| Uptown Apartments | 1 bedroom | 1BR,1BA | $2.67 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Burnaby, BC Rentals by Map
See the most popular apartments and homes in Burnaby, BC
Frequently Asked Questions about Cheap Burnaby Apartments
What is the Cheapest Studio apartment in Burnaby?
Currently the most affordable Cheap Studio Apartment in Burnaby is at Holly Tree Apartments listed at $1,485.
How much is rent for a Cheap One Bedroom Burnaby Apartment?
The lowest price for a Cheap One Bedroom Burnaby Apartment is $1,600 at Cameron Manor.
What is the lowest price for a Cheap Two Bedroom Burnaby Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Burnaby is starting from $2,250 at Princeton Place Apartments.
What is the most affordable Burnaby Three Bedroom Apartment?
The best deal on a cheap Burnaby Three Bedroom Apartment rental is at Highpoint Rental and starts from $3,150.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.