Updated 1 Day Ago
Highlights
Pet Friendly
Location
4734 55 St, Red Deer, AB T4N 2J1, CAN|Downtown Red Deer
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Property Overview
Heather Lee earns a strong overall rating with standout scores for price, amenities, and location, suggesting excellent value and convenience. It also offers useful renter perks like included utilities, high-speed internet, outdoor spaces, and 18 photos that give a clearer look at the property.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Eco-friendly trash disposal- Extra storage
- Images Available
Great for
Work-from-home
Pet owners
Floor plans
| 1 Bed, 1 Bath | 1 bed | 1 bath | 621 sqft | $1,325 /mo | 1 unit available | ||
| 2 Bed, 1 Bath | 2 bed | 1 bath | 869 sqft | $1,450 /mo | 1 unit available |
Let's explore this property.
Amenities for Heather Lee
Apartment Amenities
| Balcony | Carpet |
| Heat | Hot Water |
| In-suite Storage | Trash Included |
| Tub/Shower | Utilities/Sewer |
| Vinyl Plank Floors | Window Coverings |
Appliances
| Fridge | Stove |
Tech
| Internet Ready |
Building
| Cats OK | Controlled Building |
| Dogs OK | No Smoking Allowed |
| Onsite Laundry |
Grounds
| Assigned Parking | Outdoor Space |
| Shared Yard | Storage |
Neighborhood
| Convenience Store | Public Transit |
| Shopping Nearby |
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. 1 total spaces.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 1978 |
|---|---|
| Lease terms | 12 months |
About Heather Lee
Managed by Prokey Living
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
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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, Heather Lee is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Heather Lee 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.
Heather Lee 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·10A 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.
Heather Lee stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Heather Lee 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 Heather Lee 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.
Heather Lee 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.
Heather Lee is great 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 Heather Lee compares to other nearby properties.
Positives
- Eco-friendly trash disposal
- This property has recycling pickup
- Extra storage
- In-unit features
- Images Available
- There are at least 10 photos of this property
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Rent trends in Downtown Red Deer
1-bedroom apartments here are priced 16% 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 6% more than the average for similarly sized apartments in Downtown Red Deer.
Median rents as of Oct 10 2026.
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 | $1,206 |
| January 2026 | $1,186 |
| February 2026 | $1,119 |
| March 2026 | $1,051 |
| April 2026 | $1,257 |
| May 2026 | $1,295 |
| June 2026 | $1,220 |
| July 2026 | $1,249 |
| August 2026 | $1,272 |
| September 2026 | $1,144 |
| October 2026 | $1,174 |
| 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 |
| January 2026 | $1,195 |
| March 2026 | $1,095 |
| April 2026 | $1,270 |
| May 2026 | $1,296 |
| June 2026 | $1,257 |
| July 2026 | $1,246 |
| August 2026 | $1,279 |
| September 2026 | $1,146 |
| October 2026 | $1,195 |
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.
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
Wide variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
5/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
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
7/10
Wide variety of bars within a short drive, including some within walking distance
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