Burnaby · Burnaby
1 Bedroom House for Rent in Burnaby
$1,800 / month
A 700 ft² one-bedroom house in Burnaby, asking $1,800 a month. The listing mentions laundry in building, parking included and basement suite.
At $1,800 for 700 square feet, the asking rent works out to $2.57 per square foot.
That is $50 below the middle of the 230 comparable rentals we are tracking in Burnaby, where most ask between $1,600 and $2,200.
The details
Highlights
Ask before you view
The advertisement doesn’t say, and it matters:
- Which way does it face?
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, and it is cheaper than the city for the same size: a one-bedroom asks a median $1,850 here against $2,100 across Vancouver.
How this compares
What we’d expect it to ask
$1,761 / month
8 times in ten the answer lands between $1,445 and $2,130. That is the width of what we actually know, measured against listings this model had never seen, not a margin we chose.
Asking $1,800 is 2.2% above it, inside the ±9.8% this model cannot tell apart, so it is priced about where we’d expect.
What moves that number
Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.
Location
No SkyTrain station within walking distance, about 47 min to Waterfront.
How the score breaks down
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
$1,800 is $50 below the middle of the 230 one-bedrooms we are tracking in Burnaby right now ($1,850). Most of them ask between $1,600 and $2,200.
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
Laundry, parking, air conditioning, the bathroom count and whether the home sits below ground are priced in wherever the advertisement states them. The floor, the view, the light, the condition and the noise are not, and nothing we hold measures them: two identical floor plans, one renovated and one not, get the same estimate from us.
Where an advertisement says nothing, we price it as unsaid rather than as absent. A short ad is not a worse home, and scoring it as one would price the landlord’s writing instead of the flat.
The advertisement doesn’t say, and it matters:
- Which way does it face?
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.
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Worth reading before you view it
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