Cheap Homes for Rent in Burnaby, BC from $1,000 (22 Rentals)

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Search the lowest-cost Homes available for rent right now in Burnaby.

property at 1701 Nanaimo St

$1,000

1 To 2 Bedroom Rentals

Available Now

1701 Nanaimo St

New WestminsterBCV3M 2G7

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.

property at 2708 Boundary Rd

$1,600 - $3,900

2 To 4 Bedroom Rentals

Available Now

2708 Boundary Rd

BurnabyBCV5M 3Z6

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

The Art of the Rental Viewing: What to look for during a property tour

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.

Burnaby, BC Local Guide

Cheapest Available Burnaby Apartments for Rent

 

The cheapest available apartment rental in Burnaby, BC is a Studio unit found at Cameron Manor priced from $1,400. 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 ListingModel NameBed/BathPriced From
Cameron ManorBachelorStudio,1BA$1,400
Uptown ApartmentsBachelorStudio,1BA$1,450
The Westport Apartments0 Beds, 1 BathsStudio,1BA$1,495
Sherbrooke Manor Apartments0 Beds, 1 BathsStudio,1BA$1,525
Sunset Park Apartments1 BR1BR,1BA$1,575

Best Value Apartments for Rent in Burnaby, BC

As of January 22, 2026 the best value apartment in the Burnaby area is the $2.14 price per square foot 1 Beds, 1 Baths Model at Hillcrest Manor Apartments in the starting from $1,650. The second greatest value Burnaby apartment is the 1 Beds, 1 Baths Model at The Laurels Apartments starting at $1,645 with a $2.27 price per square foot . Here is today’s list of the best values for Burnaby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hillcrest Manor Apartments1 Beds, 1 Baths1BR,1BA$2.14
The Laurels Apartments1 Beds, 1 Baths1BR,1BA$2.27
The Terraces on Tenth1 Beds, 1 Baths1BR,1BA$2.38
ShorelineOne Bedroom1BR,1BA$2.57
Redwood Manor1 Beds, 1 Baths1BR,1BA$2.43
Lynn Gary Apartments1 Beds, 1 Baths1BR,1BA$2.56
Chateau Delon Apartments1 Beds, 1 Baths1BR,1BA$2.58
The Somerset Apartments1 Beds, 1 Baths1BR,1BA$2.61
Hyland Manor Apartments1 Beds, 1 Baths1BR,1BA$2.60
52 4th St, Unit 52 4th Street52 4th St1BR,1BA$2.66

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Burnaby

What type of rentals are currently available in Burnaby?

There are currently 1928 Apartments for Rent in Burnaby, BC with pricing that ranges from $1,400 to $4,450. There are also 141 Single Family Homes for rent, Condos, and Townhome rentals currently available in Burnaby ranging from $1,000 to $6,500.

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 $1,000 to $6,500 with an average monthly rent of $3,109.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.