Updated 2 Hours Ago
Highlights
Pet Friendly
Location
4721 55 St, Red Deer, AB T4N 2H9, CAN|Downtown Red Deer
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Floor plans
| 1 Bedroom | 1 bed | 1 bath | 600 sqft | $1,049 /mo | 1 unit available | ||
| 2 Bedrooms | 2 bed | 1 bath | 825 sqft | $1,300 /mo | 1 unit available |
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Amenities for Mainstreet Waskasoo Apartments
Apartment Amenities
| Balcony | Carpet |
| Central Heat | Heat |
| Hot Water | Vinyl Plank Floors |
Appliances
| Fridge | Individual Thermostats |
| Stove |
Tech
| Internet Ready |
Building
| Cats OK | Controlled Entry |
| Dogs OK | No Smoking Allowed |
Grounds
| Assigned Parking | Energized Parking |
Neighborhood
| Convenience Store | Public Library |
| Public Transit | Shopping Center |
| Shopping Nearby |
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.
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Parking Policy
Surface Lot
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
| Year built | 1998 |
|---|---|
| Lease terms | 12 months |
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About Mainstreet Waskasoo Apartments
Managed by Mainstreet Equity Corp.
Property Description Mainstreet Waskasoo Apartments: Affordable Apartments for Rent in Waskasoo, Red Deer Looking for apartments for rent in Waskasoo, Red Deer that offer the perfect blend of quiet residential living and urban convenience? Mainstreet Waskasoo Apartments provides high-quality, affordable 0,1, 2, and 3-bedroom suites designed to fit your lifestyle and your budget. Whether you are a nature lover, a young professional, or a small family, our Waskasoo rentals offer the best value in Red Deer. Why Live at Mainstreet Waskasoo Apartments? Located in one of Red Deer’s most desirable mature neighborhoods, our property places you at the doorstep of the city’s best outdoor spaces. Mainstreet Waskasoo Apartments is just minutes away from the Waskasoo Park System, offering endless walking trails, bike paths, and scenic views of the Red Deer River. While many search for houses for rent in Red Deer, our apartments provide a more cost-effective and stress-free alternative. Enjoy the perks of professional management, 24/7 emergency maintenance, and inclusive amenities without the high costs of a single-family home. Property Features & Highlights: - Renovated Suites: Spacious 1, 2, and 3-bedroom floorplans with modern finishes. - Pet-Friendly: We welcome your furry companions! - Incentives: Heat and water are included in the rent to help you save on monthly utilities. - Security & Convenience: Secured entry, on-site laundry facilities, and energized parking stalls. - Unbeatable Location: Walking distance to downtown Red Deer, Gaetz Lakes Sanctuary, and the Golden Circle Senior Resource Centre. Experience the Best of Waskasoo, Red Deer Mainstreet Waskasoo Apartments is ideally situated for those who want a peaceful home base with easy access to transit and major roadways. With the Red Deer River trails nearby and the amenities of downtown just a short stroll away, you truly get the best of both worlds. Don’t miss out on your new home! Contact us today to schedule a viewing and see why Mainstreet Waskasoo Apartments is the top choice for Red Deer rentals. 1 Bedroom 2 Bedrooms Amenities - Convenience store - Fridge - Stove - Balconies - Carpeted floors - Individual thermostats - Public transit - Shopping nearby - Parks nearby - Internet ready - No Smoking allowed - Energized Parking - Secure entry - Vinyl Plank Floors - Public Library - Shopping Center - Shopping Nearby Utilities Heat, Water Community Discover the perfect blend of urban convenience and park-side living at Mainstreet Waskasoo Apartments. Located in the heart of Downtown Red Deer, these apartments offer a lifestyle of ease and accessibility. Enjoy your morning coffee on your private balcony before heading out, you’re just a 3-minute walk from the lush greenery of Galbraith Park and a short stroll to Coronation Park. Perfect for families and professionals alike, this location is a commuter's dream with public transit nearby and top-tier schools like Central Middle School and Ecole Lindsay Thurber within walking distance. Foodies will love being minutes away from local favorites like Pupuseria Cristy and Momo Sushi. With major shopping at Real Canadian Superstore and FreshCo. just minutes away, everything you need is right at your doorstep. Highlights: - Nature at Your Door: Minutes from Galbraith Park and Gaetz Lake Sanctuary. - Education Excellence: Close to Central Middle School and Red Deer Polytechnic. - ..
Year Built: 1998
Mainstreet Waskasoo Apartments is great for:
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Rent trends in Downtown Red Deer
1-bedroom apartments here are priced 16% lower than 1-bedrooms in Downtown Red Deer.
If you decide to upgrade your space, you can expect 2-bedrooms at Mainstreet Waskasoo Apartments to be 0% more than the average for similarly sized apartments in Downtown Red Deer.
Median rents as of Jul 11 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 |
| February 2026 | $1,119 |
| March 2026 | $1,051 |
| April 2026 | $1,257 |
| May 2026 | $1,295 |
| June 2026 | $1,220 |
| July 2026 | $1,241 |
| 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 |
| March 2026 | $1,095 |
| April 2026 | $1,270 |
| May 2026 | $1,296 |
| June 2026 | $1,257 |
| July 2026 | $1,245 |
Affordability calculator
Can I afford to live at 4721 55 St?
Bedrooms
Rent-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
$41,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,960 annually to afford this 1-bedroom monthly rent price of $1,049.
For more information on rent affordability, visit our rent calculator.
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Internet available near Mainstreet Waskasoo Apartments
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
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