Updated 5+ Days Ago
Location
5904 51 Ave, Red Deer, AB T4N 4H9, CAN|Riverside Meadows
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Property Overview
1 Bed, 1 Bath Apartment with Balcony! Ask about Incentives! scores strongly for value, location, and overall quality, with an expert rating of 8.3 out of 10 and a perfect price rating. It also offers solid amenities and a detailed, trustworthy description, while ranking in the 100th percentile for value for money compared with other properties in the area.
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 bathroom | 1 bed | 1 bath | $1,175 /mo | 1 unit available |
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Amenities for 1 Bed, 1 Bath Apartment with Balcony! Ask about Incentives!
Appliances
| Dishwasher | Oven |
| Refrigerator |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About 1 Bed, 1 Bath Apartment with Balcony! Ask about Incentives!
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Apartments in Red DeerRiverside Meadows 1 Bed, 1 Bath Apartment with Balcony! Ask about Incentives!
Apartments in Red DeerRiverside Meadows 1 Bed, 1 Bath Apartment with Balcony! Ask about Incentives!***50% Discount on your first months Rent*** 5904 – 51 Avenue in Riverside Meadows This 1 bedroom, 1 bathroom is close to the river, parks, schools and shopping! You will have a full kitchen with a dishwasher and microwave. The laundry is shared in the building. Small pets upon approval for $50 per pet, per month to a max of 2 pets. Rent is $1175.00 Security Deposit is $1175 Tenant responsible for Power & $50 flat fee for water and gas A 1 year lease is required along with tenant insurance Email or call The Realty Store Inc. o/a Realty Executives Alberta Elite to view. You can reach our office at 403-341-5554 or \[email protected\]. Twitter: @The\_RealtyStore | Facebook: TheRealtyStoreRedDeer | Email: \[email protected\] | Website:www therealtystore ca **Photos are for illustration purposes only.**
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 Bed, 1 Bath Apartment with Balcony! Ask about Incentives! is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1 Bed, 1 Bath Apartment with Balcony! Ask about Incentives! 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 Bed, 1 Bath Apartment with Balcony! Ask about Incentives! 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 Bed, 1 Bath Apartment with Balcony! Ask about Incentives! 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 Bed, 1 Bath Apartment with Balcony! Ask about Incentives! 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 Bed, 1 Bath Apartment with Balcony! Ask about Incentives! 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 Bed, 1 Bath Apartment with Balcony! Ask about Incentives! 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 Bed, 1 Bath Apartment with Balcony! Ask about Incentives! compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Riverside Meadows
1-bedroom apartments at 1 Bed, 1 Bath Apartment with Balcony! Ask about Incentives! cost about 6% less than the average rent price for 1-bedroom apartments in Riverside Meadows.
Median rents as of Jul 25 2026.
Riverside Meadows
Red Deer
| Month | Median Rent |
|---|---|
| August 2024 | $1,231 |
| September 2024 | $1,301 |
| October 2024 | $1,342 |
| November 2024 | $1,298 |
| December 2024 | $1,200 |
| January 2025 | $1,195 |
| February 2025 | $1,254 |
| March 2025 | $1,292 |
| April 2025 | $1,317 |
| May 2025 | $1,312 |
| June 2025 | $1,337 |
| July 2025 | $1,316 |
| August 2025 | $1,320 |
| September 2025 | $1,311 |
| October 2025 | $1,310 |
| November 2025 | $1,284 |
| December 2025 | $1,257 |
| January 2026 | $1,202 |
| February 2026 | $1,265 |
| March 2026 | $1,300 |
| April 2026 | $1,299 |
| May 2026 | $1,304 |
| June 2026 | $1,322 |
| July 2026 | $1,313 |
| Month | Median Rent |
|---|---|
| May 2025 | $1,279 |
| June 2025 | $1,300 |
| July 2025 | $1,294 |
| August 2025 | $1,231 |
| September 2025 | $1,244 |
| October 2025 | $1,100 |
| November 2025 | $1,153 |
| December 2025 | $1,050 |
| January 2026 | $1,050 |
| February 2026 | $1,295 |
| March 2026 | $1,269 |
| April 2026 | $1,243 |
| May 2026 | $1,245 |
| July 2026 | $1,268 |
Affordability calculator
Can I afford to live at 5904 51 Ave?
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
$47,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,000 annually to afford this 1-bedroom monthly rent price of $1,175.
For more information on rent affordability, visit our rent calculator.
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Neighborhood
Riverside Meadows | Red Deer, AB
Getting around Red Deer near 5904 51 Ave
Walking
6/10
Some shops and stores are within a few minutes.
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 5904 51 Ave, Red Deer
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 5904 51 Ave
Real Canadian Superstore
A-5016 51 Ave
Sobeys
6380 50 Ave
Walmart Supercentre
6375 50 Ave
North Hill Store
6314 59 Ave
Central Alberta Co-op
4707 50 St
Novia Mia Bridal
5116 52 St
Mark's
6320 50 Ave
Penningtons
6320 50 Ave
Skechers Warehouse Outlet
6319 50 Ave
Your Wedding Place
4946 53 Ave
Country Cupboard
5022 50 Ave
Tim Hortons
1 Junction Dr
Coffee Noir
4818 49 St
Starbucks
6730 Taylor Dr
Tim Hortons
4747 67 St
Cheers
6017 54 Ave
The Keg Steakhouse + Bar
6365 50 Ave
Murphs Bar & Grill
5020 47 Ave
Lucky's Lounge Ltd
4950 47 Ave
Leah's Bar & Grill
6315 Horn St
Joy in Health & Nutrition
5511 50 Ave
European Sausage & Deli
5108 52 St
Apple Teddy Ciders-Fruit JCS
6150 46A Ave
Red Deer Halal Meats & Asian Foods
5022 47 Ave
Golden Sun Health Foods Ltd
5016 47 Ave
Playground
Park
Park
Forest
Park
Burger Boy
6005 54 Ave
KFC
4834 53 St
Wizards Loft
5201 54 Ave
European Sausage & Deli
5108 52 St
Pho Thuy Dong Vietnamese
5108 52 St
SB GAETZ AV @ 59 ST
GAETZ AVENUE RAPID BUS, Normandeau & Pines to LTCHS, Normandeau North & Glendale to L, KENTWOOD to LTCHS, Riverside Industrial
NB 49 AV @ 59 ST
GAETZ AVENUE RAPID BUS, Normandeau & Pines to LTCHS, Normandeau North & Glendale to L, KENTWOOD to LTCHS, Pines Alt School
WB 60 ST @ GAETZ AV
WB RIVERSIDE DR @ 48 AV
Riverside Industrial
SB 54 AV @ 60 ST
Pines Normandeau Riverside Mea, Highland Green & Riverside Meado, GLENDALE - SOUTH EAST
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