5+ Days Ago
Highlights
Pet Friendly
Location
4721 55 St, Red Deer, AB T4N 2H9, CAN|Downtown Red Deer
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Property Overview
This 1 Bedroom Unit in a mature downtown area has achieved an impressive Zumper expert rating of 8.3, reflecting its strong appeal to renters. It excels in various categories, notably receiving a perfect score for price and a high rating for location, making it a top option for those seeking an excellent balance of value and convenience. With a solid array of amenities and clear transparency in its presentation, this property represents a competitive choice in today's market.
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
Less expensive- Images Available
- Pet friendly
Floor plans
| 1 bedroom 1 bathroom | 1 bed | 1 bath | $1,000 /mo | 1 unit available |
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Amenities for 1 Bedroom Unit in Mature Area of Downtown!
Appliances
| 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.
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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 |
|---|
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About 1 Bedroom Unit in Mature Area of Downtown!
4721 55 Street, Red Deer, Unit #109 Come check out this great one bedroom, 1 bathroom apartment in the heart of downtown; close to all amenities including the bus station, hospital, grocery stores, school, walking trails and recreational centers! The unit itself boasts lots of natural light, large rooms, and lots of storage space! Rent is $1,000.00. Tenant is responsible for power. Security Deposit is $1,000.00. 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.
8.3
/10
Very GoodWith a solid 8.3 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·10A 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! offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- 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
- Oven not listed
- In-unit oven not included in listing
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Rent trends in Downtown Red Deer
1-bedroom apartments at 1 Bedroom Unit in Mature Area of Downtown! cost about 9% less than the average rent price for 1-bedroom apartments in Downtown Red Deer.
Median rents as of Jan 24 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 | $1,202 |
| 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
$40,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $40,000 annually to afford this 1-bedroom monthly rent price of $1,000.
For more information on rent affordability, visit our rent calculator.
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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
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