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One-bedroom Burnaby rentals cost 16% more than one year ago

Burnaby has the second-highest average rent for a one-bedroom suite and the third-highest for a two-bedroom home in Canada. Prices for one-bedroom rentals in Burnaby have increased by 16%. However, there has been a monthly decrease of 2% for one-bedroom rentals and 2.1% for two-bedroom rentals. Vancouver remains the most expensive city to rent in Canada. The average cost for a one-bedroom suite nationally is $1,938 and $2,311 for a two-bedroom. Despite slight price increases, many homebuyers are interested in Burnaby's real estate market.

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