5+ Days Ago
Location
5904 51 Ave, Red Deer, AB T4N 4H9, CAN|Riverside Meadows
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Floor plans
| 1 bedroom 1 bathroom | 1 bed | 1 bath | $1,250 /mo | 1 unit available |
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Amenities for 1 Bedroom, 1 Bathroom Apartment with a Balcony
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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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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 Bedroom, 1 Bathroom Apartment with a Balcony
5904 – 57 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 $1250.00 Security Deposit is $1250.00 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 Bedroom, 1 Bathroom Apartment with a Balcony is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1 Bedroom, 1 Bathroom Apartment with a Balcony 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, 1 Bathroom Apartment with a Balcony 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, 1 Bathroom Apartment with a Balcony 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, 1 Bathroom Apartment with a Balcony 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, 1 Bathroom Apartment with a Balcony 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, 1 Bathroom Apartment with a Balcony 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, 1 Bathroom Apartment with a Balcony compares to other nearby properties.
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 Bedroom, 1 Bathroom Apartment with a Balcony cost about 2% more than the average rent price for 1-bedroom apartments in Riverside Meadows.
Median rents as of Apr 11 2026.
Riverside Meadows
Red Deer
| Month | Median Rent |
|---|---|
| April 2024 | $1,238 |
| May 2024 | $1,262 |
| June 2024 | $1,283 |
| July 2024 | $1,298 |
| August 2024 | $1,240 |
| 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 | $1,280 |
| 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 | $1,237 |
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
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 1-bedroom monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.
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Internet available near 1 Bedroom, 1 Bathroom Apartment with a Balcony
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
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