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modified
5 Hours Ago

Highlights

  • Pet Friendly

Location

4734 55 St, Red Deer, AB T4N 2J1, CAN|Downtown Red Deer
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Contact

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Management

Prokey Living

Leasing office

(403) 505-3959

Floor plans

1 Bed, 1 Bath1 bed1 bath621 sqft$1,325 /mo1 unit available
2 Bed, 1 Bath2 bed1 bath869 sqft$1,450 /mo1 unit available

Let's explore this property.

Amenities for Heather Lee

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.

$662–$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 built1978
Lease terms12 months
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About Heather Lee

Managed by Prokey Living
HomeApartments in Red DeerDowntown Red Deer Heather Lee

Welcome to Heather Lee Apartments, a quiet, well-established community offering affordable living in the heart of Red Deer. This low-density, well-maintained apartment building provides a safe and family-friendly environment for residents seeking both quality, and comfort. Heather Lee Apartments is a two-and-a-half storey walk-up building featuring cozy one and two bedroom suites designed with practical layouts and private balconies. Additionally, surface paved parking adds everyday convenience, while the buildings mature surroundings provide a peaceful residential atmosphere. With a limited number of suites, Heather Lee Apartments offers a sense of community and privacy that's hard to find, making it an ideal choice for individuals, couples, and small families looking for a comfortable place to call home in an established Red Deer neighbourhood. - Heat - Water - Sewage - Garbage Collection 1 Bed, 1 Bath 2 Bed, 1 Bath


Year Built: 1978

Go to property website

Heather Lee is great for:

Eco living

  • You can get around by foot in this area
  • Public transit available nearby
  • On-site recycling or composting options

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Rent trends 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 Heather Lee 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 4734 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

$53,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $53,000 annually to afford this 1-bedroom monthly rent price of $1,325.
For more information on rent affordability, visit our rent calculator.
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Internet available near Heather Lee

Getting around Red Deer near 4734 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 4734 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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