5+ Days Ago
Location
111 Lockwood Rd, Regina, SK S4S 3G5, CAN|Albert Park
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Property Overview
Rainbow Tower stands out with an impressive expert rating of 8.8, reflecting its strong performance as a rental option. The property excels in price, amenities, and location ratings, highlighting its competitive pricing, abundance of amenities, and exceptional access to transportation and local attractions. Additionally, it supports environmental sustainability through features like nearby public transit, walkability, and on-site recycling, making it an appealing choice for environmentally conscious renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Eco living
Floor plans
| 1 Small Bedroom | 1 bed | 1 bath | 679 sqft | $1,375 /mo | 1 unit available |
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Amenities for Rainbow Tower
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Electric |
| Heat | Hot Water |
| In-suite Storage | Trash Included |
| Utilities/Sewer | View |
| Vinyl Plank Floors | Walk-in Closet |
| Window Coverings |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | Individual Thermostats |
| Stove |
Tech
| Cable Ready |
Building
| Elevator | Fitness Center |
| No Smoking Allowed | Onsite Laundry |
| Residents Lounge | Video Surveillance |
Grounds
| Assigned Parking | Outdoor Space |
| Shared Yard | Storage |
Services
| 24/7 Emergency Service |
Neighborhood
| 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.
$1,375
OPTIONAL FEES
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Parking Policy
Surface Lot
Surface Lot
Parking Fee
Monthly. 2 surface lots max. Unassigned parking; 1 total spaces.
$50
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 1970 |
|---|---|
| Lease terms | 12 months |
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About Rainbow Tower
The convenience of Albert Park is at your disposal with Southland Shopping Centre right across the street. Rainbow Towers are made up of one-bedroom and two-bedroom suites starting at $1,575.00. The smoke-free and pet-free community offers convenient access to dining, shopping, schools and parks. For a limited time, we are offering a rental incentive of your first months rent compltly free! Terms and Conditions apply. To apply online lease see our link: https colliersrentals com online-application ?building=111+Lockwood+Road%2C+Regina%2C+SK++S4S+3G5&application\_email=REMS Regina%40colliers com
Year Built: 1970
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, Rainbow Tower is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Rainbow Tower 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.
Rainbow Tower 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.
Rainbow Tower 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, 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.
Rainbow Tower 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 Rainbow Tower 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.
Rainbow Tower 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.
Rainbow Tower is great for:
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Rent trends in Albert Park
1-bedroom apartments at Rainbow Tower cost about 11% more than the average rent price for 1-bedroom apartments in Albert Park.
Median rents as of Dec 13 2025.
Albert Park
Regina
| Month | Median Rent |
|---|---|
| December 2023 | $880 |
| January 2024 | $874 |
| February 2024 | $872 |
| March 2024 | $850 |
| April 2024 | $880 |
| May 2024 | $931 |
| June 2024 | $949 |
| July 2024 | $966 |
| August 2024 | $1,005 |
| September 2024 | $979 |
| October 2024 | $935 |
| November 2024 | $1,001 |
| December 2024 | $991 |
| January 2025 | $981 |
| February 2025 | $964 |
| March 2025 | $947 |
| April 2025 | $895 |
| May 2025 | $871 |
| June 2025 | $917 |
| July 2025 | $924 |
| August 2025 | $896 |
| September 2025 | $880 |
| October 2025 | $884 |
| November 2025 | $883 |
| December 2025 | $889 |
| Month | Median Rent |
|---|---|
| December 2023 | $800 |
| January 2024 | $800 |
| February 2024 | $800 |
| March 2024 | $800 |
| April 2024 | $806 |
| May 2024 | $858 |
| June 2024 | $858 |
| July 2024 | $858 |
| August 2024 | $1,024 |
| September 2024 | $1,051 |
| October 2024 | $1,014 |
| November 2024 | $1,064 |
| December 2024 | $1,064 |
| January 2025 | $1,026 |
| February 2025 | $1,051 |
| March 2025 | $1,064 |
| April 2025 | $1,064 |
| May 2025 | $1,064 |
| October 2025 | $925 |
| November 2025 | $970 |
| December 2025 | $1,039 |
Affordability calculator
Can I afford to live at 111 Lockwood Rd?
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
$55,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,000 annually to afford this 1-bedroom monthly rent price of $1,375.
For more information on rent affordability, visit our rent calculator.
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Internet available near Rainbow Tower
Getting around Regina near 111 Lockwood Rd
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
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 111 Lockwood Rd, Regina
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
2/10
No high schools within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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