Updated 5+ Days Ago
Highlights
Pet Friendly
Location
5816 53 Ave, Red Deer, AB T4N 4L5, CAN|Riverside Meadows
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Property Overview
Riverfront Estates earns a strong overall impression with an 8.8/10 expert rating, standout marks for price, amenities, and location, and solid trustworthiness. It offers competitive value, a well-rounded living experience, and convenient access to nearby points of interest and transportation, making it an appealing option for 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
Pet owners
Floor plans
| - 3 Bedroom | 3 bed | 1.5 bath | 1,260 sqft | $1,740 /mo | 1 unit available |
Let's explore this property.
Amenities for Riverfront Estates
Apartment Amenities
| Balcony | Fireplace |
| Furnace | In-suite Storage |
| Walk-in Closet |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | In-Unit Laundry |
| Stove | Washer In-Suite |
Building
| Cats OK | Dogs OK |
| Onsite Laundry | Unfinished Basement |
Grounds
| Assigned Parking | Outside Green Space |
| Storage |
Neighborhood
| Public Transit | Schools 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
Security Deposit
One-time. Refundable.
Contact Property
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
| Lease terms | 12 months |
|---|
About Riverfront Estates
Managed by Avenue Living
Amenities: Walk-in Closets • Fenced Back Yard • In-suite Laundry Suite & Building: - Three-bedroom suites - Suites come with appliances such as stove and fridge - Spacious living rooms with fireplace - Dishwasher available - In-suite laundry - In-suite storage - Walk-in closets - Unfinished basement - Furnace - Balconies - Outside green space - Fenced back yard and front yard maintained by Avenue Living - Residents have access to surface parking for $20 per month Neighbourhood: - Quick access to QEII Highway, Hazlett Lake, Kentwood Park, Discovery Canyon, and Red Deer River - Short drive to Walmart Supercentre, Shoppers Drug Mart, Sobeys – Village Mall, and Save-On-Foods - Short drive to Parkland Mall, Red Deer Museum and Art Gallery - Nearby fitness and recreation facilities, Zen Den, and Totally Refreshed Steam and Spa - Close to Red Deer Regional Hospital Centre, and Taylor North Medical and Walk-In Clinic When you rent with Avenue Living, you’re choosing the advantage. Enjoy… - Pet friendly communities - 24-hour resident service - Three-day maintenance turnaround - Professional cleaning & landscaping - On-site management team - Refer-a-friend program - AND even more benefits that make renting with us simple! Special Offers: Talk to your leasing agent to learn about our limited time $250 Move-In Credit! (Credit is applied to first month's rent) Rent payment reporting to Equifax and flexible rent payments available | Powered by: [Zenbase](https myzenbase com avenueliving) Exclusive TELUS Offer: Save 25% on any Internet tier and Optik TV products as an ALC resident in Alberta Featured Resident Testimonial - "The layout of the unit suits us well and everything was clean" - Karen R. About the Property Welcome to your future home! Riverfront Estates apartments is an ideal location for families, young professionals, or students seeking a safe and convenient living experience in Red Deer. With local shopping, schools, and public transportation nearby, you'll always be close to what matters most. Discover why Riverfront Estates apartments is a desirable place to live, work, and play! We invite you to experience the comfort and convenience of living with Avenue Living. Whether you're looking for a cozy one-bedroom apartment or a spacious family townhome, our community offers a range of options to suit your needs. Schedule a tour today and see why this is the perfect apartment to call home. We look forward to welcoming you!
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, Riverfront Estates is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Riverfront Estates 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.
Riverfront Estates 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.
Riverfront Estates 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.
Riverfront Estates 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 Riverfront Estates 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.
Riverfront Estates 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.
Riverfront Estates 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 Riverfront Estates compares to other nearby properties.
Considerations
- Distance from grocery stores
- The nearest grocery store is 3.1 miles away
- Distance from transit
- More than 2.4 miles from public transportation
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Rent trends in Riverside Meadows
3-bedroom apartments at Riverfront Estates cost about the same as the average rent price for 3-bedroom apartments in Riverside Meadows.
Median rents as of Oct 24 2026.
Riverside Meadows
Red Deer
| Month | Median Rent |
|---|---|
| November 2024 | $1,286 |
| 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 | $1,331 |
| October 2026 | $1,325 |
| 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 |
| October 2026 | $1,181 |
Affordability calculator
Can I afford to live at 5816 53 Ave?
Bedrooms
3 bedroomsRent-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
$69,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $69,600 annually to afford this 3-bedrooms monthly rent price of $1,740.
For more information on rent affordability, visit our rent calculator.
Neighborhood
Riverside Meadows | Red Deer, AB
Getting around Red Deer near 5816 53 Ave
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 5816 53 Ave, Red Deer
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
3/10
Some bars within walking distance
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