5+ Days Ago
Location
3940 Rae St, Regina, SK S4S 3A2, CAN|Albert Park
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Property Overview
3940 Rae St achieves a strong overall Zumper expert rating of 7.7, highlighting its competitive pricing and exceptional amenities. The property's prime location receives an impressive rating of 9, offering easy access to nearby attractions and services, while its trustworthiness score of 7 indicates transparency in its management. Additionally, it ranks in the top percentile for value for money within the area, making it a standout choice for potential 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
Less expensive
Floor plans
| 1 Bedroom | 1 bed | 1 bath | $995 /mo | 1 unit available |
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Amenities for 3940 Rae St
Apartment Amenities
| Water |
Grounds
| Assigned Parking |
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
Deposit
One-time.
$995
OPTIONAL FEES
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Parking Policy
Surface Lot
Surface Lot
Parking Fee
Monthly. 2 surface lots max. Unassigned parking; 1 total spaces.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About 3940 Rae St
Please call or email for details
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.
7.7
/10
Very Good3940 Rae St is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A 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.
Scoring a 8/10, 3940 Rae St is a great option for renters looking for apartments in Albert Park. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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, 3940 Rae St 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.
3940 Rae St 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 3940 Rae St 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.
3940 Rae St 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 3940 Rae St compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Fewer storage options
- Limited cabinet or closet space
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
- No central heat
- Fewer climate control options
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Albert Park
1-bedroom apartments at 3940 Rae St cost about 20% less than the average rent price for 1-bedroom apartments in Albert Park.
Median rents as of Mar 7 2026.
Albert Park
Regina
| Month | Median Rent |
|---|---|
| March 2024 | $850 |
| April 2024 | $880 |
| May 2024 | $931 |
| June 2024 | $949 |
| July 2024 | $966 |
| August 2024 | $1,005 |
| September 2024 | $979 |
| October 2024 | $935 |
| November 2024 | $1,001 |
| December 2024 | $991 |
| January 2025 | $981 |
| February 2025 | $964 |
| March 2025 | $947 |
| April 2025 | $895 |
| May 2025 | $871 |
| June 2025 | $917 |
| July 2025 | $924 |
| August 2025 | $896 |
| September 2025 | $880 |
| October 2025 | $884 |
| November 2025 | $883 |
| December 2025 | $915 |
| January 2026 | $899 |
| February 2026 | $885 |
| March 2026 | $915 |
| Month | Median Rent |
|---|---|
| March 2024 | $800 |
| April 2024 | $806 |
| May 2024 | $858 |
| June 2024 | $858 |
| July 2024 | $858 |
| August 2024 | $1,024 |
| September 2024 | $1,051 |
| October 2024 | $1,014 |
| November 2024 | $1,064 |
| December 2024 | $1,064 |
| January 2025 | $1,026 |
| February 2025 | $1,051 |
| March 2025 | $1,064 |
| April 2025 | $1,064 |
| May 2025 | $1,064 |
| October 2025 | $925 |
| November 2025 | $970 |
| December 2025 | $1,051 |
| January 2026 | $1,064 |
| February 2026 | $1,052 |
| March 2026 | $1,036 |
Affordability calculator
Can I afford to live at 3940 Rae 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
$39,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 1-bedroom monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.
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Internet available near 3940 Rae St
Neighborhood
Albert Park | Regina, SK
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Regina near 3940 Rae St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 3940 Rae St, Regina
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
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 10-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
4/10
Some bars within walking distance
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