Burnaby · Burnaby (Lougheed) - RECEIVE FIRST MONTH'S RENT FREE
1 Bedroom Apartment for Rent in Burnaby
$2,325 / month
A 545 ft² one-bedroom in Burnaby, asking $2,325 a month. The listing mentions the City of Lougheed. It leaves 5 obvious questions unanswered, starting with: what floor is it on?
At $2,325 for 545 square feet, the asking rent works out to $4.27 per square foot.
That is $130 above the middle of the 726 comparable rentals we are tracking in Burnaby, where most ask between $1,991 and $2,300.
The details
Highlights
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.
How this compares
Location
5 min on foot to Lougheed Town Centre (Expo Line, Millennium Line), about 44 min to Waterfront.
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
$2,325 is $130 above the middle of the 726 one-bedrooms we are tracking in Burnaby right now ($2,195). Most of them ask between $1,991 and $2,300.
A straight count of asking prices in the area, with nothing adjusted for — it does not care that this one may be bigger, smaller or better placed than the rest.
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?
Counted 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.
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