Updated 1 Day Ago
Highlights
Pet Friendly
Location
5423 57 St, Red Deer, AB T4N 2K8, CAN|Riverside Meadows
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Property Overview
Riverbend Village Apartments earns strong marks overall, with a high expert rating, excellent value, standout amenities, and a convenient location. It is especially appealing for renters seeking utilities included and high-speed internet, while also standing out for its quality and detailed, trustworthy listing information.
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
Work-from-home
Floor plans
| 1 Bedroom | 1 bed | 1 bath | 576 sqft | $1,269 /mo | |||
| 2 Bedroom | 2 bed | 1 bath | 846 sqft | $1,459 /mo |
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Amenities for Riverbend Village Apartments
Apartment Amenities
| Heat | Utilities Included |
Appliances
| Fridge | Stove |
Tech
| Internet Ready |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Services
| On-Site Management |
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.
$499
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 1978 |
|---|---|
| Lease terms | 12 months |
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About Riverbend Village Apartments
RIVERBEND VILLAGE – Convenient Living Close to Shopping and Transit Affordable Suites Near Shops, Dining, and Everyday Essentials Welcome to Riverbend Village, a well-located rental community offering functional 1 and 2 bedroom suites with standard and upgraded options. Enjoy everyday convenience with shopping, dining, and entertainment just steps from home, along with easy access to major roadways and transit routes. Rent today and enjoy exclusive Boardwalk Resident Member rates on TELUS Optik TV and High-Speed Internet. Take advantage of a reduced $499 security deposit on select suites, affordable $1 laundry facilities, and added peace of mind with security-patrolled buildings. Highlights: - Located near shops, restaurants, and entertainment - Easy access to Gaetz Avenue and major bus routes - Close to parks, green spaces, and playgrounds - Functional layouts with standard and upgraded options - Outdoor parking available Comfort & Convenience: - 24/7 customer service and emergency maintenance - On-site cleaning, landscaping, and snow removal - On-site security and video surveillance Community Perks: - Free Resident Member events - Community involvement opportunities - Exclusive discounts with local businesses - $1 laundry facilities - Referral program Secure your suite today and enjoy a comfortable Red Deer rental experience. Follow @bwalkcommunity on Facebook and Instagram to see our latest offers. Please contact the site for more details. Exclusive discounts available with select local partners such as Sleep Country, plus a $50 NEO Financial credit card on us and more. Note: Information posted, including suite availability, security deposits, rental rates, and incentives, is subject to change without notice and may vary by suite type. Current residents can contact the Customer Service Representative to discuss lease renewal options. Suites and floor plans may not be as shown. Some conditions apply. Rental rates listed are net and include current incentives when applicable. Incentives advertised are for new applicants. Internal transfers are subject to conditions found within the Transfer Agreement. Enjoy everyday convenience with shopping, dining, and entertainment just steps from home, along with easy access to major roadways and transit routes. Utilities Included: - Heat
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.
9.3
/10
ExcellentRiverbend Village Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
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.
Riverbend Village Apartments 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.
Riverbend Village Apartments 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.
Riverbend Village Apartments 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·9A 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.
Riverbend Village Apartments has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
Riverbend Village Apartments 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.
Riverbend Village Apartments is great for:
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Rent trends in Riverside Meadows
1-bedroom apartments here are priced 2% lower than 1-bedrooms in Riverside Meadows.
If you decide to upgrade your space, you can expect 2-bedrooms at Riverbend Village Apartments to be 1% more than the average for similarly sized apartments in Riverside Meadows.
Median rents as of Sep 12 2026.
Riverside Meadows
Red Deer
| Month | Median Rent |
|---|---|
| September 2024 | $1,325 |
| October 2024 | $1,342 |
| November 2024 | $1,298 |
| December 2024 | $1,200 |
| January 2025 | $1,195 |
| February 2025 | $1,254 |
| March 2025 | $1,292 |
| April 2025 | $1,317 |
| May 2025 | $1,312 |
| June 2025 | $1,337 |
| July 2025 | $1,316 |
| August 2025 | $1,320 |
| September 2025 | $1,311 |
| October 2025 | $1,310 |
| November 2025 | $1,284 |
| December 2025 | $1,257 |
| January 2026 | $1,202 |
| February 2026 | $1,265 |
| March 2026 | $1,300 |
| April 2026 | $1,299 |
| May 2026 | $1,304 |
| June 2026 | $1,322 |
| July 2026 | $1,313 |
| August 2026 | $1,325 |
| September 2026 | $1,337 |
| Month | Median Rent |
|---|---|
| May 2025 | $1,279 |
| June 2025 | $1,300 |
| July 2025 | $1,294 |
| August 2025 | $1,231 |
| September 2025 | $1,244 |
| October 2025 | $1,100 |
| November 2025 | $1,153 |
| December 2025 | $1,050 |
| January 2026 | $1,050 |
| February 2026 | $1,295 |
| March 2026 | $1,269 |
| April 2026 | $1,243 |
| May 2026 | $1,245 |
| July 2026 | $1,268 |
| August 2026 | $1,263 |
| September 2026 | $1,282 |
Affordability calculator
Can I afford to live at 5423 57 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
$50,760/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,760 annually to afford this 1-bedroom monthly rent price of $1,269.
For more information on rent affordability, visit our rent calculator.
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Internet available near Riverbend Village Apartments
Neighborhood
Riverside Meadows | Red Deer, AB
Getting around Red Deer near 5423 57 St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
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 5423 57 St, Red Deer
Groceries
2/10
No grocery stores within walking distance
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
3/10
Few or no bars within walking distance
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