
Cheap Apartments for Rent in Burnaby, BC from $1,150 (146 Rentals)
Search the lowest-cost Apartments available for rent right now in Burnaby.


4653 Pender St

Burnaby Centre

Vista Terrace Apartments

Carrigan Court Apartments

Mountain Park Residences

Edmonds Heights

Dania Gardens Senior 55+ Housing

3811 Frances St

4864 Watling St
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.

4864 Watling St

5335 Irving St

5335 Irving St

4113 Trinity St

306 Esmond Av

8855 University Crescent, Unit 614

8855 University Crescent, Unit 614

4897 Patrick Pl

4897 Patrick Pl

1788 Gilmore Ave, Unit 906
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.

1788 Gilmore Ave, Unit 906

6080 Marine Dr

6080 Marine Dr

5807 Highfield Dr

4473 Oxford St

4345 Grange St, Unit 105

4345 Grange St, Unit 105

Sunset Park Apartments

3740 Albert St, Unit x

3740 Albert St, Unit x
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.

6819 Linden Av

Ashley House Apartments

Dow 3

Chateau Delon Apartments

Kingsview

7230 Kitchener St, Unit Suite

7230 Kitchener St, Unit Suite

7305 2nd St

The Daniel

Nelson Towers
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.

Halifax Towers Apartments

Arcola Manor

7143 McBride St

5599 Portland St

4035 Norland Ave

8362 13th Av

Carrigan Court Apartments

Park Crest

7210 Frances St

7210 Frances 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 | $1,836 | $1,450 | $2,225 |
| Cheap Burnaby 1 Bedroom Apartments | $2,203 | $1,500 | $4,770 |
| Cheap Burnaby 2 Bedroom Apartments | $3,029 | $1,350 | $7,147 |
| Cheap Burnaby 3 Bedroom Apartments | $3,477 | $1,150 | $5,762 |
| Cheap Burnaby 4 Bedroom Apartments | $1,420 | $1,420 | $1,420 |
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 3 Beds unit found at Cornerstone in the Burnaby neighborhood priced from $1,150. Holly Tree Apartments in the New Westminster neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,485. Here is today’s list of the most affordable Burnaby apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cornerstone | 3 Bedroom, 1 Bathroom | 3BR,1BA | $1,150 |
| Holly Tree Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,485 |
| The Somerset Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,535 |
| Cameron Manor Apartments | 1 bedroom | 1BR,1BA | $1,600 |
| Uptown Apartments | 1 bedroom | 1BR,1BA | $1,600 |
| Burnaby Centre | Studio | Studio,1BA | $1,625 |
| Sydney Place Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,650 |
| One Fifty Braid | Studios | Studio,1BA | $1,658 |
| The Laurels Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,665 |
| Sherbrooke Manor Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,680 |
Best Value Apartments for Rent in Burnaby, BC
As of September 09, 2026 the best value apartment in the Burnaby area is the $2.46 price per square foot Two Bedroom Loft Model at Shoreline in the in the New Westminster neighborhood starting from $3,200. The second greatest value Burnaby apartment is the 2 Beds, 1 Baths Model at St. Johns Apartments starting at $2,200 with a $2.33 price per square foot in the Port Moody 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. |
|---|---|---|---|
| Shoreline | Two Bedroom Loft | 3BR,3BA | $2.46 |
| St. Johns Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2.33 |
| Carrigan Court Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.29 |
| Koto - Student Rental | Type C1A-2 Bed | 2BR,1BA | $2.06 |
| Redwood Manor | 1 Beds, 1 Baths | 1BR,1BA | $2.49 |
| The Laurels Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.45 |
| The Westport Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.50 |
| Lynn Gary Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.57 |
| Chateau Delon Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.63 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Apartments.
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 $1,375 at Cornerstone.
What is the most affordable Burnaby Three Bedroom Apartment?
The best deal on a cheap Burnaby Three Bedroom Apartment rental is at Cornerstone and starts from $1,150.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.