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The average monthly rent in Downtown Red Deer, Red Deer is down 1.02% compared to last month and down 16.77% year-over-year.
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18h ago
Downtown Red Deer house for rent in Red Deer
In-unit laundry | Elevator | Wheelchair accessible
1 bed
1 bath
$1,190
House for rent
Available Oct 31
18h ago
Downtown Red Deer apartment for rent in Red Deer
Elevator
2 beds
1 bath
$1,245
Apartment for rent
Available Oct 31
18h ago
Downtown Red Deer house for rent in Red Deer
In-unit laundry | Furnished | On-site laundry
1 bed
1 bath
$1,495
House for rent
Available Oct 31
18h ago
Downtown Red Deer house for rent in Red Deer
Furnished | On-site laundry | Fitness center
Studio
1 bath
$1,195
House for rent
Available Oct 31
19h ago
1 bed
1 bath
$1,095
Apartment for rent
19h ago
Studio
1 bath
$1,195
Apartment for rent
On-Site Laundry
Assigned Parking
Balcony
Storage
1d ago
Downtown Red Deer apartment for rent in Red Deer
1 bed
1 bath
$1,100
Apartment for rent
2d ago
5305, 5325, 5405, 5425 47A Avenue, Red Deer, AB T4N 3R6
On-site laundry | Balcony | On-site management
2 beds
1 bath
$1,300
Apartment for rent
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1d ago
1 bed
1 bath
$1,399
Apartment for rent
1d ago
3 beds
1 bath
$1,675–$1,799
House for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
1d ago
1 bed
1 bath
$1,419
Apartment for rent
1d ago
2 beds
1 bath
$1,334
Apartment for rent
1d ago
1 bed
1 bath
$1,389
Apartment for rent
5d+ ago
2 beds
1 bath
$1,449–$1,499
Apartment for rent
2d ago
1 bed
1 bath
$1,025
Apartment for rent
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Downtown Red Deer, Red Deer rent data for:
As of today, you'll find 21 apartments for rent in Red Deer, with a median rent price of $1,195 per month. Red Deer has seen a 17%—or $257—decrease in median rent price compared to the previous year.Average Rent
$1,195Year Over Year Change
-17%
$257
Rentals available, last 30 days
21
The average rent in Downtown Red Deer, Red Deer, AB, for rentals of all sizes and types, is $1,195, which is a 16.77% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Downtown Red Deer, Red Deer, AB is about $1,314. The average rent for 2-bedroom apartments in Downtown Red Deer, Red Deer, AB is $1,299, and studios are about $1,195 per month.
See more Downtown Red Deer, Red Deer, AB rent data on our rent research page.
Downtown Red Deer, Red Deer has a walk score of 6/10, so when you need to run errands or leave the neighborhood, consider heading out on foot. With a public transportation score of 6/10, you’ll have some opportunities to commute via metro bus or train.
Scores for Red Deer are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
Downtown Red Deer's rental market offers a good selection of listings, with an average of 14 rentals available each month. The majority of rentals are 1-bedroom and studio apartments, with a significant number of 3-bedroom apartments also available. Many of these apartments are pet-friendly, with over 87% allowing pets with some restrictions, making this a great neighborhood for pet owners. The area's central location and variety of rentals make it a popular choice for renters in Red Deer.
Downtown Red Deer is a hub for renters who prioritize social life and environmental sustainability.
The neighborhood's focus on eco-friendliness is evident in its use of non-toxic paint, rainwater harvesting, recycling programs, community solar projects, and incorporation of sustainable materials in construction. Low-flow fixtures and thermostats further contribute to a reduced carbon footprint. With a high walk score and excellent transit score, residents can easily navigate the area without relying on personal vehicles.
A vibrant social scene is also a hallmark of Downtown Red Deer, thanks to its strong street infrastructure, emphasis on safety, and convenient transit options. Whether you're looking to connect with friends, explore local culture, or simply enjoy the community atmosphere, this neighborhood has something for everyone. If a dynamic, eco-conscious lifestyle is what you're after, Downtown Red Deer is an excellent choice.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
The average rent for 1 bedroom apartments for rent in Downtown Red Deer is $1394 per month. There are 8 1 bedroom apartments for rent in Downtown Red Deer, AB.
The average rent for 2 bedroom apartments for rent in Downtown Red Deer is $1273 per month. Currently, there are 7 2 bedroom apartments for rent in Downtown Red Deer, AB.
The average rent for 3 bedroom apartments for rent in Downtown Red Deer is $1749 per month. As of today, there is 1 3 bedroom apartment for rent in Downtown Red Deer, AB.
The average rent price in Downtown Red Deer, AB for a 2 bedroom apartment is $1273 per month. Downtown Red Deer average rent price is below the average national apartment rent price which is $1750 per month for a 2 bedroom apartment. Aside from rent price, the cost of living in Downtown Red Deer is also important to know. Cost of living includes but is not limited to: groceries, gas, utilities, water, and electric.
The average size of a 1 bedroom apartment rental in Downtown Red Deer is 233 square feet. The average size of a 2 bedroom apartment rental in Downtown Red Deer is 319 square feet. The average size of a 3 bedroom apartment rental in Downtown Red Deer is 1260 square feet.
To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Downtown Red Deer average rent prices.
1 bedroom apartments are the most common type of rentals in Downtown Red Deer, Red Deer, AB right now.
3 bedroom apartments are the least common type of rentals in Downtown Red Deer, Red Deer, AB right now.
| 🔑Available apartment rentals | 25 |
|---|---|
| 💰Best rent deal | 4820 47 Ave |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |