Zumper

OFFER:

$100 OFF FIRST MONTH FOR EARLY MOVE-IN $100 rent credit for first month rent for early move-in.

modified
5+ Days Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

5120 42 St, Olds, AB T4H 1X1, CAN
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Contact

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Management

Ripple Property Management

Leasing office

(587) 818-6798

Property Overview

5120 42 Street, Olds, AB earns a strong overall rating for its excellent value, standout amenities, and convenient location, while also presenting a clear and trustworthy listing. It also offers 17 photos and outdoor spaces, making it appealing for renters who want a better preview of the home and pet-friendly features.

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.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, 5120 42 Street, Olds, AB is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5120 42 Street, Olds, AB has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Images Available
  • Outdoor space

Great for

  • Pet owners

Floor plans

2 Bedroom2 bed1 bath638 sqft$1,700 /mo

Let's explore this property.

Amenities for 5120 42 Street, Olds, AB

Apartment Amenities

Hardwood FloorIn-suite Storage
Utilities IncludedWindow Coverings

Appliances

DishwasherDishwasher Available
FridgeIn-Unit Laundry
RefrigeratorStove and Oven
Washer In-Suite

Building

Cats OKControlled Access
Dogs OKOnsite Laundry

Grounds

Assigned ParkingFenced Yard
Outdoor SpaceStorage
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.

$1,700

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

Lease terms12 months
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About 5120 42 Street, Olds, AB

Managed by Ripple Property Management
Home 5120 42 Street, Olds, AB

FANTASTIC 2 BEDS/ 1 BATHS LOWER DUPLEX | FIRST MONTH $100 OFF VIDEO TOUR: https youtu be dF28Ai9jwh8 SHOWINGS: Conducted in an open-house format — book your appointment today! https showmojo com 79c3e9f0b2 l Prices, availability, and promotions are subject to change without notice. IMPORTANT INFORMATION: - Incentive Included: $100 off first month - Utilities Included: No Utilities Included - Parking: Private Park Pad - Pets: Pets Allowed, $75 fee per pet - Smoking: Non-Smoking - Storage: Shed as storage for only this unit - Laundry: In- Suite Laundry UTILITIES: Upper and Lower Suites have separate meters for utility and will be responsible for the consumption of their respective meters. They will reach out to the Municipality of Olds to set up Water and Waste. Other utilities, it is the responsibility of the tenant to choose a retailer. Here's a helpful tool you can use to get a rough estimate of utility costs. Just check out the link: https ucahelps alberta ca cost-comparison-tool UNIT FEATURES: - Large space living room offers window coverings and shelves - Small open concept kitchen with double Sinks & Plenty of cabinet storage - Kitchen offers dining room space - Kitchen Includes a dishwasher, Stove, and Fridge - Two private bedrooms with large Windows with Window coverings - The main bedroom has a larger closet - Fenced backyard with a shed only included for you! COMMUNITY FEATURES: This property is located in a vibrant community with easy access to: - Steps from Amenities: Close to grocery stores, coffee shops, and restaurants - Transit & Accessibility: Easy access to public transit - Fitness & Wellness: Nearby gyms, yoga studios, and river pathways for outdoor activities A LEADER IN CALGARY PROPERTY MANAGEMENT This property is managed by Ripple Property Management—a name synonymous with quality and trust. With 15 years of expertise and a commitment to excellence, we make property management and renting a seamless and enjoyable experience. View more properties managed by Ripple Property Management: https showmojo com 79c3e9f0b2 l


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 Good
With a solid 8.8 out of 10 overall, 5120 42 Street, Olds, AB is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5120 42 Street, Olds, AB 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 5120 42 Street, Olds, AB
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.
5120 42 Street, Olds, AB 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.
5120 42 Street, Olds, AB 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.
5120 42 Street, Olds, AB 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 5120 42 Street, Olds, AB 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.

5120 42 Street, Olds, AB is great for:

Pet owners

  • Outdoor spaces are available at this property

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 5120 42 Street, Olds, AB compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors

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Rent trends in Olds

2-bedroom apartments at 5120 42 Street, Olds, AB cost about 22% more than the average rent price for 2-bedroom apartments in Olds.

Median rents as of Jun 6 2026.
Olds
A table of 2-bedroom apartment rental data trends in Olds
MonthMedian Rent
March 2026$1,461
April 2026$1,570
May 2026$1,395
June 2026$1,395

Affordability calculator

Can I afford to live at 5120 42 St?

Bedrooms

2 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

$68,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $68,000 annually to afford this 2-bedrooms monthly rent price of $1,700.
For more information on rent affordability, visit our rent calculator.
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Internet available near 5120 42 Street, Olds, AB

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Olds near 5120 42 St

Walking

4/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 5120 42 St, Olds

Groceries

6/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

4/10
Variety of shops within a short drive

Cafes

4/10
Some cafés within a short drive

Restaurants

5/10
Variety of restaurants within a short drive

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Nightlife

4/10
Variety of bars within a short drive

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