Search the lowest-cost Apartments available for rent right now in Burnaby.
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.
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.
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Burnaby Studio Apartments | $1,891 | $1,450 | $2,250 |
| Cheap Burnaby 1 Bedroom Apartments | $2,238 | $1,485 | $6,300 |
| Cheap Burnaby 2 Bedroom Apartments | $3,142 | $1,635 | $10,000+ |
| Cheap Burnaby 3 Bedroom Apartments | $4,308 | $1,250 | $10,000+ |
| Cheap Burnaby 4 Bedroom Apartments | $9,233 | $1,420 | $10,000+ |
The cheapest available apartment rental in Burnaby, BC is a Studio unit found at Cameron Manor priced from $1,450. Uptown Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here is today’s list of the most affordable Burnaby apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cameron Manor | Bachelor | Studio,1BA | $1,450 |
| Uptown Apartments | Bachelor | Studio,1BA | $1,450 |
| Holly Tree Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,485 |
| Sherbrooke Manor Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,495 |
| Sunset Park Apartments | 1 BR | 1BR,1BA | $1,500 |
| Hillcrest Manor Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,520 |
| Colonial House Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,685 |
| Princeton Place Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,690 |
| The Laurels Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,690 |
As of April 26, 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 starting from $2,395. The second greatest value Burnaby apartment is the 2 Bedroom Model at Signature Square starting at $2,500 with a $2.31 price per square foot . 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 |
| Signature Square | 2 Bedroom | 2BR,2BA | $2.31 |
| Massey Place | 1 BR 1 BA | 1BR,1BA | $2.22 |
| The Laurels Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.32 |
| Shoreline | One Bedroom | 1BR,1BA | $2.57 |
| Redwood Manor | 1 Beds, 1 Baths | 1BR,1BA | $2.49 |
| Daylin Manor Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.56 |
| The Somerset Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.60 |
| Hillcrest Manor Apartments | 0 Beds, 1 Baths | Studio ,1BA | $2.47 |
| 52 4th St, Unit 52 4th Street | 52 4th St | 1BR,1BA | $2.48 |
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDiscover 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 ArticleMoving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleDiscover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleThe 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.
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Currently the most affordable Cheap Studio Apartment in Burnaby is at Cameron Manor listed at $1,450.
The lowest price for a Cheap One Bedroom Burnaby Apartment is $1,500 at Sunset Park Apartments.
Today's best deal for a Cheap Two Bedroom Apartment in Burnaby is starting from $2,050 at Cameron Manor.
The best deal on a cheap Burnaby Three Bedroom Apartment rental is at Mountain Park Residences and starts from $2,799.
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