Apartments for Rent in West Central Valley, Burnaby, BC

West Central Valley, Burnaby apartment availability

West Central Valley's rental market offers a good selection of listings, with an average of 44 rentals available each month. The majority of these rentals are 1-bedroom and 2-bedroom apartments, making it a suitable option for singles, couples, and small families. Many of these apartments come with desirable amenities, including dishwashers, fitness centers, and in-unit laundry, which are available in over 80% of the apartments. With its convenient location and range of amenities, West Central Valley is a popular choice for renters in Burnaby.

West Central Valley, Burnaby rental market trends

The West Central Valley neighborhood in Burnaby is experiencing a relatively stable rental market, with a modest year-over-year increase of 1.5% in average rent prices. As of 2024, the average monthly rent across all property types is around $3,251.

Breaking down the data by bed count, 1-bedrooms are renting for an average of $2,579, a 3.3% decrease from the previous year. 2-bedrooms are seeing a slight increase of 0.6%, averaging $3,383 per month. In contrast, 3-bedrooms have experienced a significant drop of 18.3%, now averaging $4,478. Studios have also seen a substantial decrease of 33.7%, with an average rent of $2,595.

In terms of seasonality, August is the most expensive month to rent, with prices 7.6% higher than in November, the least expensive month. Renters looking for a better deal may want to consider searching during the winter months when prices tend to be lower.

Why West Central Valley, Burnaby is a great place to live

West Central Valley is a top choice for renters prioritizing social living and fitness. According to data, the neighborhood's social scene thrives due to its well-designed street infrastructure, frequent transit options, and emphasis on safety. Additionally, shared community spaces foster a sense of connection among residents. Fitness enthusiasts will appreciate the abundance of wellness-focused amenities, including onsite pools, gyms, and fitness centers. Many buildings also incorporate health-promoting features like low-VOC materials, advanced HVAC systems, and soundproofing, making it easier for residents to maintain a healthy lifestyle. With its unique blend of social and wellness-focused amenities, West Central Valley stands out as a desirable neighborhood for those seeking a balanced lifestyle.