Burnaby rents ↓ 7.6% yearly for one-bedroom unfurnished units by July 2025.
All major Burnaby neighborhoods posted rent declines, including Central and South Slope.
Central Burnaby saw the steepest drop at ↓ 16.1% over the past year.
Even busy Metrotown rents fell over ↓ 9% yearly in July 2025.
Falling rents reflect shifting demand and economic pressure across Burnaby’s rental market.