Burnaby · burnaby/newwest

2 Bedroom Apartment for Rent in Burnaby

$2,200 / month

A 700 ft² two-bedroom in Burnaby, asking $2,200 a month. The listing mentions in-suite laundry. It leaves 5 obvious questions unanswered, starting with: are pets allowed?

At $2,200 for 700 square feet, the asking rent works out to $3.14 per square foot.

That is $36 below the middle of the 312 comparable rentals we are tracking in Burnaby, where most ask between $1,900 and $2,658.

The details

Rent$2,200
Bedrooms2
Size700 ft²
FloorNot stated
ExposureNot stated
LaundryNot stated
ParkingNot stated
Property typeNot stated
AvailableNot stated
AreaBurnaby

Highlights

In-suite laundry

Ask before you view

The advertisement doesn’t say, and it matters:

  • What floor is it on?
  • Which way does it face?
  • Is parking included or extra?
  • Are pets allowed?
  • When is it available?

Roughly where it is

Approximate — listings rarely give an exact address, so treat this as the block, not the door.

Renting in Burnaby

Burnaby is where most of Metro Vancouver's new towers actually got built. If you want a recent building with air conditioning and in-suite laundry, there is far more of it here than in Vancouver proper, and usually for less money.

TransitExpo Line through Metrotown and Edmonds; Millennium Line through Brentwood, Gilmore, Holdom and Lougheed. 20–25 minutes to downtown Vancouver.
Green spaceCentral Park, Deer Lake Park, Burnaby Lake, Confederation Park and Burnaby Mountain.

More about renting in Burnaby

How this compares

What we’d expect it to ask

$2,068 / month

8 times in ten the answer lands between $1,590 and $2,622. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.

Asking $2,200 is 6.4% above it — inside the ±11.8% this model cannot tell apart, so it is priced about where we’d expect.

Moderate confidence20 two-bedrooms within 2 kmTypically within 12.3%

What moves that number

This block asks less than the rest of the area−$226
700 ft², smaller than most two-bedrooms nearby (typically 880 ft²)−$225

Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.

Location

32 / 100fair

33 min on foot to Brentwood Town Centre (Millennium Line), about 48 min to Waterfront.

Walk to SkyTrain33 min walk to Brentwood Town Centre (Millennium Line), about 2050 m in a straight line2
Transit to downtownAbout 48 min to Waterfront: bus to Brentwood Town Centre, then Millennium Line then Expo Line, 1 transfer11
Town centre2.0 km from the centre of Brentwood — the nearest town centre to this address10
More than one lineOnly the Millennium Line is within walking distance0
Green space4 min walk to Confederation Park (42 ha)9

Scored from the map pin alone — rapid transit, town centres and parks, in straight lines. It knows nothing about the street, the hill, the building or the neighbours, and buses and the SeaBus are not in it, so places served by those score lower here than they deserve.

Against the ones next to it

$2,200 is $36 below the middle of the 312 two-bedrooms we are tracking in Burnaby right now ($2,236). Most of them ask between $1,900 and $2,658.

A straight count of asking prices in the area, with nothing adjusted for — unlike the estimate above, it does not care that this one is bigger or closer to a station.

What the estimate cannot see

Floor, view, condition, noise and everything inside the walls are missing from all but a handful of the advertisements we index, so none of them are priced in above. Two identical floor plans, one renovated and one not, get the same estimate from us.

The advertisement doesn’t say, and it matters:

  • What floor is it on?
  • Which way does it face?
  • Is parking included or extra?
  • Are pets allowed?
  • When is it available?

Estimated from the listings on this site, not a market survey, and from asking rents — what a home is advertised at, not what it lets for.

Similar in Burnaby

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