How much is the average rent in Red Deer, AB for 1-bedroom and 2-bedroom apartments?

Red Deer's 2025 rental market shows one-bedroom apartments averaging around $1,300 per month, while two-bedroom units average around $1,400 monthly. These figures represent the current market across all property types in the city.

When is the best time to look for an apartment in Red Deer, AB?

January offers the best rental pricing in Red Deer, with rents approximately 9.5% lower than peak summer months. August sees the highest rents and most competitive market conditions, while December provides the least competitive environment with reduced demand relative to available inventory.

What are the best neighborhoods to rent an apartment in Red Deer, AB?

Highland Green and Highland Green Estates offer strong transit access and community-focused living with well-developed infrastructure. South Hill and Downtown Red Deer provide environmentally sustainable apartments with community solar projects, energy-efficient features, and excellent walk scores that support car-free living.

What areas of Red Deer, AB are best for budget-conscious renters?

Downtown Red Deer provides the most budget-friendly options with rentals 11% below the city median and a median rent around $1,310. South Hill also offers affordable choices at 3% below city median, while still maintaining access to sustainable living features and strong walkability.

Are there pet-friendly apartments in Red Deer, AB?

Red Deer offers excellent options for pet owners, with 64% of rental listings welcoming pets. This represents the most common amenity across the city's rental market, reflecting strong accommodation for animal-owning tenants throughout various neighborhoods and property types.

Are utilities usually included in rent in Red Deer, AB?

Utilities are rarely included in Red Deer rental prices, appearing in less than 1% of total listings across all bedroom types. Studios show the highest rate at approximately 1% of available units, while other bedroom sizes include utilities in fewer than 0.2% of listings.

Cheap Apartments for Rent in Red Deer, AB

25 rentals available

5d+ ago

Cheap Downtown Red Deer house for rent in Red Deer

Affordable | On-site laundry | Dishwasher

1 bed

1 bath

$1,081

House for rent

Available Jun 14

Top amenities

On-Site Laundry

5d+ ago

Cheap Kentwood East condo for rent in Red Deer

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,195

Condo for rent

Available Jun 14

Top amenities

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap Downtown Red Deer apartment for rent in Red Deer

4732 54 St, Red Deer, AB T4N 2G3

Affordable | In-unit laundry | Dishwasher

1 bed

1 bath

$1,195

Apartment for rent

Available Jun 14

Top amenities

In-Unit Laundry

On-Site Laundry

Storage

5d+ ago

Cheap Eastview apartment for rent in Red Deer

Affordable | On-site laundry | Balcony

2 beds

1 bath

$1,245

Apartment for rent

Available Jun 14

Top amenities

On-Site Laundry

5d+ ago

Cheap Riverside Meadows house for rent in Red Deer

Affordable | On-site laundry | Dishwasher

1 bed

1 bath

$1,250

House for rent

Available Jun 14

Top amenities

On-Site Laundry

2d ago

8.4

Very good

Hillside

3920 50 Ave, Red Deer, AB T4N 3Z1

Affordable | In-unit laundry

1–2 beds

1 bath

$1,260–$1,495

Price drop

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

Nearby rental good for eco-living

$1,758–$1,833

Red Deer County

Nearby rental good for pet owners

$1,329

100 Jordan Pky

5d+ ago

Cheap Downtown Red Deer apartment for rent in Red Deer

Affordable | On-site laundry | Dishwasher

2 beds

1 bath

$1,295

Apartment for rent

Available Jun 14

Top amenities

On-Site Laundry

5d+ ago

Cheap Downtown Red Deer apartment for rent in Red Deer

Affordable | Air conditioning | Furnished

Studio

1 bath

$1,300

Apartment for rent

Available Jun 14

Top amenities

Air Conditioning

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5d+ ago

Cheap Clearview Meadows apartment for rent in Red Deer

Affordable | In-unit laundry | Storage

2 beds

1 bath

$1,395

Apartment for rent

Available Jun 14

Top amenities

In-Unit Laundry

On-Site Laundry

Oven

5d+ ago

Cheap Pines house for rent in Red Deer

Affordable | Storage

3 beds

1 bath

$1,395

House for rent

Available May 22

Find sweet deals near Red Deer

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$1,396–$1,596

Riverside Meadows

$1,345–$1,495

South Hill

$975

Downtown Red Deer

5d+ ago

Cheap Normandeau apartment for rent in Red Deer

Affordable | In-unit laundry | Dishwasher

2 beds

1.5 baths

$1,395

Apartment for rent

Available Jun 14

Top amenities

Dishwasher

In-Unit Laundry

On-Site Laundry

Oven

5d+ ago

Excellent

6018 58A St

6018 58a St, Red Deer, AB T4N 5Z2

Affordable | In-unit laundry | Storage

3 beds

1 bath

$1,396–$1,596

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap Highland Green Estates townhouse for rent in Red Deer

Affordable | In-unit laundry | Storage

2 beds

1 bath

$1,495

House for rent

Available Jun 14

Top amenities

In-Unit Laundry

Swimming Pool

5d+ ago

Cheap Johnstone Park townhouse for rent in Red Deer

31 Av Jamieson, Red Deer, AB T4P 0H7

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,495

House for rent

Available Jun 14

Top amenities

In-Unit Laundry

3d ago

8.8

Very good

Vanier Woods

39 Van Slyke Way, Red Deer, AB T4R 0S3

Affordable | In-unit laundry | Garage parking

1–2 beds

1 bath

$1,570–$1,755

Apartment for rent

Top amenities

Dishwasher

Garage Parking

In-Unit Laundry

On-Site Laundry

Storage

5d+ ago

9.1

Excellent

37 Cosgrove Cres

37 Cosgrove Cres, Red Deer, AB T4P 2Z6

Affordable | In-unit laundry | Assigned parking

3 beds

2 baths

$1,595

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

1d ago

Cheap Eastview Estates apartment for rent in Red Deer

29 Eastman Cres #A, Red Deer, AB T4R 1X4

Affordable | In-unit laundry | On-site management

3 beds

1 bath

$1,600

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Management

5d+ ago

Cheap Oriole Park apartment for rent in Red Deer

Affordable | In-unit laundry | Storage

3 beds

1.5 baths

$1,600

Apartment for rent

Available Jun 14

Top amenities

In-Unit Laundry

On-Site Laundry

2d ago

8.8

Very good

Liberty Park Apartments

217 Lake St, Red Deer County, AB T4E 1B9

Affordable | In-unit laundry | Elevator

2 beds

2 baths

$1,688–$1,728

Apartment for rent

Top amenities

Elevator

In-Unit Laundry

On-Site Laundry

Liberty Park Townhomes & Carriage Homes - Photo 1 of 1

2d ago

8.5

Very good

Liberty Park Townhomes & Carriage Homes

221 Lake St, Red Deer County, AB T4E 1B9

Affordable | In-unit laundry | Garage parking

2 beds

2 baths

$1,758–$1,833

House for rent

Top amenities

Garage Parking

In-Unit Laundry

On-Site Laundry

3d ago

9.1

Excellent

Westridge Estates

54 54 Ave Crescent, Red Deer, AB T4N 4L7

Affordable | On-site management

2–3 beds

1 bath

$1,769–$1,869

House for rent

Available Feb 15

Top amenities

On-Site Management

5d+ ago

Cheap Bower house for rent in Red Deer

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$1,795

House for rent

Available Jun 14

Top amenities

Fireplace

Fitness Center

In-Unit Laundry

Oven

3d ago

Cheap Normandeau townhouse for rent in Red Deer

35 Nash St #C4, Red Deer, AB T4P 1X9

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$1,825

House for rent

Top amenities

Dishwasher

In-Unit Laundry

5d+ ago

Cheap townhouse for rent in Red Deer

2 Davis Close #2, Red Deer, AB T4R 2L4

Affordable | In-unit laundry | Dishwasher

3 beds

1.5 baths

$1,950

House for rent

Top amenities

Carpet

In-Unit Laundry

On-Site Management

5d+ ago

Cheap Glendale Park Estates house for rent in Red Deer

Affordable | In-unit laundry | Dishwasher

6 beds

3 baths

$2,495

House for rent

Available Jun 9

Top amenities

In-Unit Laundry

On-Site Laundry

Showing 1 - 25 of 25 results

Home > Apartments in Red Deer > Red Deer Cheap Apartments For Rent

Updated: June 14, 2026

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💸Lowest price	$1,081
🔑Available apartment rentals	25
💰Best rent deal	4707 50 St
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