5+ Days Ago
Highlights
Pet Friendly
Location
5307 48 Avenue, Red Deer, Alberta T4N 3V2, Canada|Downtown Red Deer
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Property Overview
The 2 Bedroom Units located Downtown receive a strong overall rating of 8.3 out of 10, highlighting their appeal to renters. Excellent pricing and competitive value, with a perfect score of 10 out of 10, complement the impressive amenities rated at 8 out of 10, contributing to a high standard of living. Additionally, the property's prime location, rated at 9 out of 10, provides convenient access to key attractions, while a trustworthiness rating of 7 out of 10 reflects transparency in its management.
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
| 2 bedroom 1 bathroom | 2 bed | 1 bath | $1,195 /mo | 1 unit available |
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Amenities for 2 Bedroom Units Located 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.
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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 2 Bedroom Units Located Downtown!
5307 48 Avenue, Red Deer Unit #2 This lovely 2 bedrooms and 1 bathroom apartment boasts large sized bedrooms with brand new flooring, a spacious living/dining room area with vinyl plank flooring and balcony. You have 1 off street parking stall & laundry is shared by all units. Rent is $1195.00. Tenant is responsible for power. Security Deposit is $1195.00. Pets are welcome on approved application with a monthly fee of $25 per pet. 1 year lease is required, as well as tenant insurance. 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 units** **We always have a group showing**
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, 2 Bedroom Units Located Downtown! is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 2 Bedroom Units Located 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.
2 Bedroom Units Located 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, 2 Bedroom Units Located 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.
2 Bedroom Units Located 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 2 Bedroom Units Located 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.
2 Bedroom Units Located 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 2 Bedroom Units Located 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
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Downtown Red Deer
2-bedroom apartments at 2 Bedroom Units Located Downtown! cost about 6% less than the average rent price for 2-bedroom apartments in Downtown Red Deer.
Median rents as of Dec 6 2025.
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 | $1,195 |
| 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 |
Affordability calculator
Can I afford to live at 5307 48 Avenue?
Bedrooms
2 bedroomsRent-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
$47,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,800 annually to afford this 2-bedrooms monthly rent price of $1,195.
For more information on rent affordability, visit our rent calculator.
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Internet available near 2 Bedroom Units Located Downtown!
Neighborhood
Downtown Red Deer | Red Deer, AB
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Red Deer near 5307 48 Avenue
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 5307 48 Avenue, Red Deer
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
4/10
Some bars within walking distance
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