5+ Days Ago
Highlights
Pet Friendly
Location
4721 55 St, Red Deer, AB T4N 2H9, CAN|Downtown Red Deer
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent Red DeerApartments for rent Downtown Red DeerApartments for rent Highland GreenApartments for rent South HillApartments for rent NormandeauApartments for rent West ParkApartments for rent Highland Green EstatesApartments for rent Riverside MeadowsApartments for rent Clearview MeadowsApartments for rent WestlakeApartments for rent GlendaleApartments for rent Oriole ParkApartments for rent InglewoodApartments for rent EastviewApartments for rent BowerApartments Near Me
Property Overview
This 1 Bedroom Unit in a mature area of Downtown receives a strong overall rating of 8 out of 10 from Zumper, indicating it's a top choice for renters. Its competitive pricing, excellent amenities, and prime location further enhance its appeal, earning it high scores of 9 in both price and location ratings. Additionally, the property features an impressive collection of 10 photos, providing valuable insights for prospective renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available- Pet friendly
Floor plans
| 1 bedroom 1 bathroom | 1 bed | 1 bath | $1,095 /mo | 1 unit available |
Let's explore this property.
Amenities for 1 Bedroom Unit in Mature Area of Downtown
Appliances
| Oven | Refrigerator |
| Stove |
Building
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
Advertisement
About 1 Bedroom Unit in Mature Area of Downtown
4721 55 Street, Red Deer Come check out this great 1 bedroom, 1 bathroom apartment located in the heart of downtown! You’ll love the convenience of being close to all amenities, including the bus station, hospital, grocery stores, schools, walking trails, and recreational centers. The unit offers plenty of natural light, spacious rooms, ample storage space, and even features a private balcony—perfect for enjoying your morning coffee or some fresh air. Rent is $1,095.00. Tenant is responsible for power. Security Deposit is $1,095.00. A 12 month lease & tenant insurance is required. Pets are welcome on approved pet application with a monthly fee of $25 per pet. Call The Realty Store Inc. o/a Realty Executives Alberta Elite to view. You can reach our office at 403-341-5554. Facebook: TheRealtyStoreRedDeer | Website: www therealtystore ca ***Photos may be of similar unit*** ***We always have group showings***
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 1 Bedroom Unit in Mature Area of Downtown is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1 Bedroom Unit in Mature Area of Downtown has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1 Bedroom Unit in Mature Area of Downtown stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 1 Bedroom Unit in Mature Area of Downtown is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1 Bedroom Unit in Mature Area of Downtown is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1 Bedroom Unit in Mature Area of Downtown does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
1 Bedroom Unit in Mature Area of Downtown provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1 Bedroom Unit in Mature Area of Downtown compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Pet friendly
- This property allows pets
Considerations
- Fewer storage options
- Limited cabinet or closet space
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Downtown Red Deer
1-bedroom apartments at 1 Bedroom Unit in Mature Area of Downtown cost about the same as the average rent price for 1-bedroom apartments in Downtown Red Deer.
Median rents as of Jan 31 2026.
Downtown Red Deer
Red Deer
| Month | Median Rent |
|---|---|
| November 2024 | $1,345 |
| December 2024 | $1,395 |
| January 2025 | $1,299 |
| February 2025 | $1,317 |
| March 2025 | $1,335 |
| April 2025 | $1,215 |
| May 2025 | $1,135 |
| June 2025 | $1,125 |
| July 2025 | $1,125 |
| August 2025 | $1,195 |
| September 2025 | $1,211 |
| October 2025 | $1,266 |
| November 2025 | $1,195 |
| December 2025 | $1,206 |
| January 2026 | $1,186 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,395 |
| December 2024 | $1,395 |
| September 2025 | $1,295 |
| October 2025 | $1,266 |
| November 2025 | $1,195 |
| December 2025 | $1,195 |
| January 2026 | $1,195 |
Affordability calculator
Can I afford to live at 4721 55 St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$43,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $43,800 annually to afford this 1-bedroom monthly rent price of $1,095.
For more information on rent affordability, visit our rent calculator.
Advertisement
Internet available near 1 Bedroom Unit in Mature Area of Downtown
Getting around Red Deer near 4721 55 St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 4721 55 St, Red Deer
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 4721 55 St
Central Alberta Co-op
4707 50 St
Real Canadian Superstore
A-5016 51 Ave
FreshCo
4408 50 Ave
Walmart Supercentre
6375 50 Ave
Sobeys
6380 50 Ave
Novia Mia Bridal
5116 52 St
Joe Fresh
5016 51 Ave
Rob-Rae Clothiers
4807 50 Ave
Great Strides
4804 50 Ave
Luksus Inc
5006 48 St
Coffee Noir
4818 49 St
Tim Hortons
1 Junction Dr
Starbucks
4408 50 Ave
Tim Hortons
4217 50 Ave
Meeting Waters Coffee-Roastery
5579 47 St
Murphs Bar & Grill
5020 47 Ave
Lucky's Lounge Ltd
4950 47 Ave
International Beer Haus-Stage
5008 48 St
Cheers
6017 54 Ave
The Keg Steakhouse + Bar
6365 50 Ave
Golden Sun Health Foods Ltd
5016 47 Ave
Joy in Health & Nutrition
5511 50 Ave
Cafe Millennium Inc
4909 49 St
R D Nutrition Inc
5560 45 St
Sugar-Free & More A
3434 50 Ave
Albert's Family Restaurant
5020 47 Ave
Murphs Bar & Grill
5020 47 Ave
KFC
4834 53 St
Family Pizza
4702 50 St
Red Deer Pizza & Fried Chicken
4810 50 St
SB 47 AV @ 55 ST
ROSEDALE
NB 47 AV@ 53 ST
ROSEDALE, Highland Green & Riverside Meado, Oriole Park to LTCHS, JOHNSTONE CROSSING & JOHNSTONE P
WB 54 ST @ 48 AV
Pines Alt School, Riverside Industrial
NB 48 AV @ 53 ST
Timberstone Evergreen & Clearvi, Pines Normandeau Riverside Mea, Oriole Park & Fairview to Centra, Oriole Park to LTCHS, Pines Alt School, Riverside Industrial
NB 47 AV @ 51 ST
ROSEDALE, Highland Green & Riverside Meado, Oriole Park to LTCHS, JOHNSTONE CROSSING & JOHNSTONE P
Compare similar properties nearby
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry