Apartments for Rent in Maywood, Burnaby, BC

Maywood, Burnaby apartment availability

Maywood's rental market offers a strong selection of listings, with an average of 69 rentals available each month. The majority of these rentals are 1-bedroom and 2-bedroom apartments, making up about 60% of the total listings in the area. Many of these apartments feature popular amenities such as a fitness center, dishwasher, and balcony, which are available in over 75% of the listings. With its diverse range of rentals and desirable amenities, Maywood is a great option for renters looking for a convenient and comfortable place to call home.

Maywood, Burnaby rental market trends

The Maywood neighborhood in Burnaby saw a slight decline in average monthly rent in 2024, with a year-over-year decrease of approximately 1.75%. The average rent for all bed types and properties now stands at around $3,098. Breaking it down by bed count, 1-bedrooms average $2,582 per month, representing a 3.03% decrease from the previous year. In contrast, 2-bedrooms experienced a modest 0.71% increase, with an average rent of $3,298. Studios average $2,320 per month, down 3.96% from the previous year.

In terms of seasonal trends, July typically sees the highest rent prices in Maywood, with a 9.3% increase compared to December, the month with the lowest rent. If you're looking for a new apartment, winter may be a good time to search, as prices tend to be lower. However, be aware that December is also the least competitive month, meaning there may be fewer rentals available. On the other hand, if you're looking for a specific type of apartment, you may face more competition during the summer months when demand is higher.

Why Maywood, Burnaby is a great place to live

Maywood, Burnaby stands out as a hub for environmentally conscious living and vibrant social life. With a strong focus on sustainability, this neighborhood offers a unique blend of eco-friendly features, including the use of non-toxic paint, rainwater harvesting, and energy-efficient appliances. Community solar projects and sustainable materials in construction further contribute to its green credentials. Maywood also caters to those who value social connections, with well-designed street infrastructure, frequent transit options, and shared community spaces. A high walk score and emphasis on safety make it an ideal setting for residents who enjoy exploring their community and connecting with others. For those seeking a balanced lifestyle that prioritizes both the planet and social connections, Maywood is an excellent choice.