
Cheap Homes for Rent in Burnaby, BC from $500 (94 Rentals)
Search the lowest-cost Homes available for rent right now in Burnaby.


4XXX Reid St

450 Walker St

450 Walker St

7068 Jubilee Ave

306 Esmond Av

304 Rosser Ave

6080 Marine Dr

6080 Marine Dr

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

8227 14th Ave

737 Robinson St

737 Robinson St

3683 E Hastings St

737 Robinson St

737 Robinson St

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.

7505 Kingsway

6952 Curtis St

3740 Albert St, Unit x

16XX Ellesmere Ave

16XX Ellesmere Ave

6952 Curtis St

3740 Albert St, Unit x

539 Amess St

3773 Burke St

720 Robinson St
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.

4296 Dundas St

4473 Oxford St

4792 Ridgelawn Dr

630 Clarke Rd

5912 Hastings St, Unit 48

2765 E 54th Ave

4792 Ridgelawn Dr

2765 E 54th Ave

5912 Hastings St, Unit 48

2723 Turner St
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.

2723 Turner St

611 Blackford St, Unit 212

611 Blackford St, Unit 212

7495 Aubrey St

515 11th St

555 Delestre Ave, Unit 309

555 Delestre Ave, Unit 309

901-901 Lougheed Hwy.

6478 Broadway

4990 McGeer 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 a home in Burnaby?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Burnaby 2 Bedroom Homes for Rent | $2,514 | $1,270 | $3,200 |
| Burnaby 3 Bedroom Homes for Rent | $3,568 | $2,300 | $8,300 |
| Burnaby 4 Bedroom Homes for Rent | $4,790 | $4,600 | $4,980 |
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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. Sydney Place Apartments in the Coquitlam neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,595. 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 |
| Sydney Place Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,595 |
| Uptown Apartments | 1 bedroom | 1BR,1BA | $1,600 |
| Cameron Manor | 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 Laurels Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,690 |
| The Terraces on Tenth | 1 Beds, 1 Baths | 1BR,1BA | $1,690 |
Best Value Apartments for Rent in Burnaby, BC
As of July 30, 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 1 Beds, 1 Baths Model at The Westport Apartments starting at $1,695 with a $2.25 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 |
| 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 | $2.49 |
| 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 | $2.61 |
| Chateau Delon Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.64 |
| 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 Burnaby
What type of rentals are currently available in Burnaby?
There are currently 1949 Apartments for Rent in Burnaby, BC with pricing that ranges from $1,150 to $46,733. There are also 332 Single Family Homes for rent, Condos, and Townhome rentals currently available in Burnaby ranging from $650 to $8,300.
What is the current price range for Rental Homes in Burnaby?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Burnaby ranges from $650 to $8,300 with an average monthly rent of $2,902.
How much are larger Three and Four Bedroom Rentals in Burnaby?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Burnaby range from $1,150 to $46,733, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $8,300. Four Bedroom Single-Family rentals are also available starting from $4,600 and Four Bedroom Apartments start at $1,420.
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.

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.

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.