Airbnb Market Analytics, Statistics and Data in Burnaby, British Columbia, Canada
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Burnaby? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Burnaby:
How much do Airbnb hosts make on average per month in Burnaby?
The short-term rental market in Burnaby shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $1,533 per month
- Strong performing properties (top 25%) make $2,807 or more
- Best-in-class properties (top 10%) achieve $4,473+ monthly
- Entry-level properties (bottom 25%) typically earn around $778
Revenue Variations by Month
Occupancy Rates Throughout the Year in Burnaby
The market in Burnaby shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 51% occupancy rates
- Strong performing properties (top 25%) achieve 76% or higher
- Best-in-class properties (top 10%) reach 89%+occupancy
- Entry-level properties (bottom 25%) average around 22%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Burnaby
Daily rates in Burnaby vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $93 per night
- Strong performing properties (top 25%) secure $151 or more
- Best-in-class properties (top 10%) pull in $221+ per night
- Entry-level properties (bottom 25%) earn around $58
Daily Rate Variations by Month
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Seasonality patterns in Burnaby
Peak Season (August, July, June)
- Revenue peaks at $2600.19 per month
- Occupancy rates reach 62.81%
- Daily rates average $129.36
Shoulder Season
- Revenue averages $2145.64 per month
- Occupancy maintains 49.78%
- Daily rates hold at $124.44
Low Season (March, February, January)
- Revenue drops to $1549.04 per month
- Occupancy decreases to 42.35%
- Daily rates adjust to $119.84
Is it still profitable to do Airbnb in Burnaby in 2025?
Yes! Burnaby demonstrates moderate seasonality with good off-peak opportunities, featuring a healthy occupancy rate of 50% and solid monthly revenue averaging $2146 and With 467 active listings, the market shows established demand while maintaining room for growth. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Burnaby
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Metrotown | Burnaby's premier retail and entertainment hub, with easy access to public transit. It attracts both tourists and locals for shopping and dining, making it a prime area for Airbnb hosts. | Metropolis at Metrotown, Burnaby Village Museum, Central Park, Crystal Mall, Kisbey Park |
| Brentwood | A rapidly developing neighborhood with a mix of residential and commercial spaces. Known for its shopping centers and proximity to transit, it is ideal for business travelers and families. | Brentwood Town Centre, Willingdon Heights Park, Burnaby Lake Regional Park, Dawson Creek, Marble Arch Park |
| Deer Lake | A beautiful area with scenic parks and lakes, perfect for nature lovers. It attracts tourists seeking outdoor activities and relaxation, making it a unique Airbnb option. | Deer Lake Park, Burnaby Art Gallery, Burnaby Village Museum, Shadbolt Centre for the Arts, Lakeside Park |
| Burnaby Heights | Known for its charming shops and restaurants, this area offers a quaint, community atmosphere that appeals to travelers looking for a local experience. | Confederation Park, The Heights Gourmet, Burnaby Heights Park, Eileen Dailly Leisure Pool and Fitness Centre, Café Artigiano |
| Royal Oak | A family-friendly neighborhood with parks and recreational facilities. Its proximity to SkyTrain stations makes it convenient for tourists and visitors. | Royal Oak SkyTrain Station, Burnaby South Secondary School, Burnaby Rhododendron Garden, Maywood Park, Nelson Park |
| Capitol Hill | A picturesque neighborhood with stunning views of the city and mountains. Popular with visitors who appreciate scenic walks and local eateries. | Burnaby Mountain, Capitol Hill Park, Barnet Marine Park, Alpha Secondary School, Capitol Hill Sushi |
| Sperling-Duthie | A quiet residential neighborhood that appeals to families and those looking for a peaceful retreat. Its location near parks provides ample outdoor activities. | Sperling Park, Burnaby North Secondary School, Duthie Park, Burnaby Lake, Cameron Recreation Complex |
| Central Park | Offers a large green space in the middle of Burnaby with walking trails, playgrounds, and picnic areas, making it attractive for families and nature enthusiasts seeking respite. | Central Park, Swangard Stadium, Patterson SkyTrain Station, Golf Course, Willow Grove Park |
Do you need a license for Airbnb in Burnaby?
Most likely, Burnaby requires a license for Airbnb operations. With 39% of current listings showing licensing information, we recommend checking Burnaby's short-term rental regulations and starting the licensing process before listing your property.
Top Performing Airbnb Properties in Burnaby
4+ bed/5 bath Mountain View Home by Deer Lake
Entire Place • 4 bedrooms
Prestigious Heritage Residence Near Deer Lake
Entire Place • 4 bedrooms
Beautifully renovated home with a stunning view!
Entire Place • 4 bedrooms
Prime Metrotown @ New Soaring Sweet Place 2BD/2BA
Entire Place • 2 bedrooms
Brand New Luxury Custom Home near Metrotown
Entire Place • 4 bedrooms
Luxury 4 bed/2+ bath duplex
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Burnaby
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| W-Coco | 7 | $343,736 | 234 | 4.97/5.0 |
| Home | 8 | $256,581 | 233 | 4.81/5.0 |
| Dusan | 14 | $233,500 | 547 | 4.72/5.0 |
| Prachi / Hema/ Yatendra | 7 | $187,112 | 96 | 3.88/5.0 |
| Eddie | 9 | $183,948 | 125 | 3.57/5.0 |
| Tom | 11 | $143,973 | 72 | 2.48/5.0 |
| Lina | 9 | $140,393 | 887 | 4.36/5.0 |
| Tina & Owen | 4 | $122,832 | 101 | 4.89/5.0 |
| Jun | 3 | $109,730 | 205 | 4.97/5.0 |
| 元荣 | 2 | $106,031 | 50 | 4.99/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Burnaby
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (60.4%), with house and apartment & condo properties comprising 83.3% of inventory
- Untapped potential in boutique & hotels, outdoor & mobile segments (1.9% combined)
Room Capacity Distribution
Analysis of 467 properties in Burnaby shows that 1 bedroom properties are most prevalent, making up 43.3% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 67.7% of all listings.
Key Insights
- Most common: 1 bedroom (43.3%)
- Least common: 5+ bedrooms (1.5%)
- Market concentration: 67.7% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 467 properties in Burnaby reveals that 2 guests properties dominate the market, representing 31.5% of all listings. The average property accommodates 2.6 guests, with a clear trend towards smaller guest capacities. Properties accommodating 2 guests and 4 guests make up 52.9% of the market.
Key Insights
- Most common capacity: 2 guests (31.5% of market)
- Least common capacity: 7 guests (0.4% of market)
- Average guest capacity: 2.6 guests per property
- Market concentration: 52.9% in top 2 capacity sizes
- Market segmentation: Predominantly smaller guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 467 properties in Burnaby, the most common availability pattern is 271-366 days (40.3% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (25.9% of properties).
Key Insights
- Most common availability window: 271-366 days (40.3%)
- Most common booking duration: 91-180 days (25.9%)
- Properties with high availability (180+ days): 65.7%
- Properties with long-term bookings (180+ days): 35.1%
Minimum Stay Distributions
1 Night
78 listings
22% of total
2 Nights
65 listings
18.4% of total
3 Nights
54 listings
15.3% of total
4-6 Nights
23 listings
6.5% of total
7-29 Nights
26 listings
7.3% of total
30+ Nights
108 listings
30.5% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 40.4%
- Mid-length stays (4-6 nights) represent 6.5% of listings
- Monthly+ stays (30.5%) suggest a stable extended-stay market
- High market flexibility with 55.7% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
51 listings
14.3% of total
Moderate
89 listings
25% of total
Firm
84 listings
23.6% of total
Strict
132 listings
37.1% of total
Key Insights
- Strict is the preferred policy at 37.1% of listings
- Stricter policies (Firm & Strict) dominate at 60.7% of the market
- Strong market consensus around Strict policies
- Flexible policies are least common at 14.3% of listings
Recommendations
- The market supports stricter policies, with 60.7% using Firm or Strict terms
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in May, Jul, Jun, averaging 62 days
- Shortest booking windows are in Aug, Feb, Jan, averaging 35 days
- Summer shows the longest average booking window at 53 days, while Winter has the shortest at 40 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 53 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Aug-Jan when lead times are shortest
Popular Airbnb Amenities in Burnaby
Below is the distribution of amenities across listings in Burnaby:
Traveler Demographics
Key Insights
- Domestic travelers make up 52.7% of total guests, indicating a significant local market share.
- Primary international markets: United States (28%) and United Kingdom (2.9%)
- English is the top language at 69.5%, followed by Chinese (10.8%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 8.0%
Recommendations
- Target marketing campaigns for Vancouver and Calgary markets
- Develop localized content for United States and United Kingdom
- Prioritize English and Chinese language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Burnaby. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Canyon Creek | 10 | $7,161 | $312.93 | 62% |
| Lake Goodwin | 11 | $5,746 | $385.80 | 44% |
| Verlot | 11 | $4,969 | $253.44 | 60% |
| Cape George Colony Club | 10 | $4,893 | $260.17 | 60% |
| Sudden Valley | 65 | $4,811 | $308.53 | 53% |
| Lopez Island | 41 | $4,519 | $368.63 | 42% |
| Friday Harbor | 225 | $4,477 | $385.11 | 45% |
| Eastsound | 247 | $4,357 | $350.44 | 44% |
| Oak Harbor | 129 | $4,308 | $284.53 | 50% |
| Orcas Island | 14 | $4,287 | $537.83 | 38% |
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