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OFFER:

Charmarine Free Early April Move-In! EXCLUSIVE OFFER Sign a Lease for May 1, 2026 and Enjoy a Free Early April Move-In! * *Terms & Conditions Apply

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1 Day Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

4740-4742 55 St, Red Deer, AB T4N 2J1, CAN|Downtown Red Deer
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Contact

pmc-logo

Management

Prokey Living

Leasing office

(403) 505-3959

Floor plans

BachelorStudio1 bath896 sqft$1,025 /mo1 unit available
1 Bed, 1 Bath1 bed1 bath666 sqft$1,325 /mo1 unit available
2 Bed, 1 Bath2 bed1 bath896 sqft$1,450 /mo1 unit available

Let's explore this property.

Amenities for Charmarine East & West

Apartment Amenities

HeatHot Water
Trash IncludedUtilities/Sewer

Building

Cats OKDogs OK

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.

$512–$725

OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

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

Year built1980
Lease terms12 months
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About Charmarine East & West

Managed by Prokey Living
HomeApartments in Red DeerDowntown Red Deer Charmarine East & West

Welcome to Charmarine East & West Apartments, a cozy community offering affordable living in the heart of Red Deer. This well-maintained three-and-a-half storey walk-up building provides a safe and family-friendly environment for residents seeking a charming home in a great location. Charmarine East & West features a diverse mix of studio, one-bedroom, and two-bedroom apartments, making it an ideal choice for long-term tenants to grow and thrive. The limited number of suites fosters a strong sense of community and privacy that makes it an ideal choice for individuals, couples, and small families looking for a comfortable place to call home. Charmarine Free Early April Move-In! EXCLUSIVE OFFER Sign a Lease for May 1, 2026 and Enjoy a Free Early April Move-In!* *Terms & Conditions Apply - Heat - Water - Sewage - Garbage Collection Bachelor 1 Bed, 1 Bath 2 Bed, 1 Bath


Year Built: 1980

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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.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, Charmarine East & West is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Charmarine East & West has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Charmarine East & West
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.
Charmarine East & West 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·9A 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.
Charmarine East & West goes above and beyond to provide sought-after conveniences and desirable perks, including assigned parking. Renters looking for popular or luxurious features will find them here—and for that reason, Charmarine East & West receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Charmarine East & West 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 Charmarine East & West does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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Rent trends in Downtown Red Deer

Studio apartments at Charmarine East & West cost about 21% less than the average rent price for studios in Downtown Red Deer.

1-bedroom apartments here are priced 14% higher than 1-bedrooms in Downtown Red Deer.

If you decide to upgrade your space, you can expect 2-bedrooms at Charmarine East & West to be 12% more than the average for similarly sized apartments in Downtown Red Deer.

Median rents as of Apr 11 2026.
Downtown Red Deer
Red Deer
A table of studio rental data trends in Red Deer
MonthMedian 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$1,186
February 2026$1,119
March 2026$1,051
April 2026$1,220
A table of studio rental data trends in Downtown Red Deer
MonthMedian 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
March 2026$1,095
April 2026$1,245

Affordability calculator

Can I afford to live at 4740-4742 55 St?

Bedrooms

Rent-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

$41,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $41,000 annually to afford this studio monthly rent price of $1,025.
For more information on rent affordability, visit our rent calculator.
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Internet available near Charmarine East & West

Getting around Red Deer near 4740-4742 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 4740-4742 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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