If you're looking to rent a two-bedroom apartment or suite in Burnaby, it's going to cost even more.
According to the Rentals.ca National Rent Rankings for December 2021, the current price is roughly $2,414 and is an increase of 5.88% from last month and a 9.83% rise compared to a year ago.
A one-bedroom in Burnaby will require $1,696 monthly, the report says. It's a decrease of 3.58% from last month and a drop of 0.47% from one year ago.
Burnaby comes in at number 11 in the national rankings for this month.
Vancouver remains the highest in Canada with the average price of a one-bedroom sitting at $2,312 with a drop of 3.79% compared to last month, but an increase of 7.73% compared to one year ago.
A two-bedroom runs $2,998, which is a 1.93% decline monthly, but a whopping 10.71% increase from a year ago.
The top 10 city/area rental rankings for December according to Rentals.ca are:
- Vancouver, B.C.
- One-bedroom: $2,132
- Two-bedroom: $2,998
- Toronto, ON
- One-bedroom: $2,040
- Two-bedroom: $2,764
- Oakville, ON
- One-bedroom: $1,879
- Two-bedroom: $2,322
- Burlington, ON
- One-bedroom: $1,827
- Two-bedroom: $2,275
- Etobicoke, ON
- One-bedroom: $1,809
- Two-bedroom: $2,302
- Mississagua, ON
- One-bedroom: $1,796
- Two-bedroom: $2,142
- Barrie, ON
- One-bedroom: $1,746
- Two-bedroom: $1,989
- Markham, ON
- One-bedroom: $1,715
- Two-bedroom: $1,972
- Guelph, ON
- One-bedroom: $1,704
- Two-bedroom: $2,118
- Oshawa, ON
- One-bedroom: $,1701
- Two-bedroom: $1,783
Rankings are based on the average rent price of vacant one-bedroom units.
