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The average rent in Downtown Red Deer, Red Deer, as of June 2026, is down 1% compared to last month and down 7.07% year-over-year.
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20h ago
3 beds
1 bath
$1,730–$1,980
House for rent
1d ago
Downtown Red Deer apartment for rent in Red Deer
Furnished | On-site laundry | Assigned parking
Studio
1 bath
$1,095
Apartment for rent
Available Jun 16
1d ago
Downtown Red Deer apartment for rent in Red Deer
Furnished | On-site laundry | Assigned parking
1 bed
1 bath
$1,495
Apartment for rent
Available Jun 16
1d ago
Downtown Red Deer apartment for rent in Red Deer
Studio
1 bath
$1,095
Apartment for rent
3d ago
1 bed
1 bath
$975
Apartment for rent
3d ago
4744 54 St, Red Deer, AB T4N 2G3
On-site laundry | Assigned parking | Central heat
1–2 beds
1 bath
$1,145–$1,229
Apartment for rent
Storage
Balcony
On-Site Laundry
Assigned Parking
3d ago
1 bed
1 bath
$1,455
Apartment for rent
4d ago
1 bed
1 bath
$1,365
Apartment for rent
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4d ago
1 bed
1 bath
$1,435
Apartment for rent
4d ago
2 beds
1 bath
$1,554
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
1 bed
1 bath
$1,081
Apartment for rent
5d+ ago
2 beds
1 bath
$1,295
Apartment for rent
5d+ ago
1–2 beds
1 bath
$1,325–$1,450
Apartment for rent
5d+ ago
5305, 5325, 5405, 5425 47A Avenue, Red Deer, AB T4N 3R6
On-site laundry | Balcony | On-site management
1 bed
1 bath
$1,054
Apartment for rent
5d+ ago
Studio–2 beds
1 bath
$900–$1,198
Apartment for rent
5d+ ago
4742 & 4742 55 Street, Red Deer, AB T4N 2J1
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$1,325
Apartment for rent
5d+ ago
1 bed
1 bath
$1,195
Apartment for rent
5d+ ago
1 bed
1 bath
$1,405
Apartment for rent
5d+ ago
Downtown Red Deer apartment for rent in Red Deer
On-site laundry | Dishwasher | Oven
2 beds
1 bath
$1,295
Apartment for rent
Available Jun 16
5d+ ago
Downtown Red Deer apartment for rent in Red Deer
On-site laundry | Elevator | Dishwasher
1 bed
1 bath
$1,081
Apartment for rent
Available Jun 16
5d+ ago
Downtown Red Deer apartment for rent in Red Deer
1 bed
1 bath
$1,195
Apartment for rent
Available Jun 16
23h ago
1 bed
1 bath
$1,075
Apartment for rent
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5 rentals
8 rentals
3 rentals
Downtown Red Deer, a neighborhood in Red Deer, AB, sees one-bedroom apartments averaging around $1,300 per month in 2025. These units offer the lowest entry point for renters in this market, with about 13 listings available monthly.
Two-bedroom apartments in Downtown Red Deer rent for around $1,400 per month in 2025. The neighborhood typically has about 8 two-bedroom listings available monthly, with units averaging around 604 sqft.
Three-bedroom apartments in Downtown Red Deer command around $1,700 per month in 2025, representing the highest prices in this Red Deer neighborhood. These larger units average around 1,222 sqft and typically have about 3 listings available monthly.
Downtown Red Deer's rental market averaged around $1,300 per month across all property types in 2025. Rent varies by unit size, with one-bedrooms starting around $1,300, two-bedrooms at around $1,400, and three-bedrooms reaching around $1,700 monthly.
Apartments in Downtown Red Deer average around 483 sqft across all unit types. One-bedroom units typically measure around 373 sqft, while two-bedrooms offer around 604 sqft and three-bedrooms provide around 1,222 sqft of living space.
One-bedroom apartments are the most common rental type in Downtown Red Deer, with about 13 listings available monthly. The neighborhood sees a total of about 28 listings per month across all unit types.
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.
Three-bedroom apartments have the fewest listings in Downtown Red Deer, with about 3 available monthly. Studio apartments are also limited, with about 4 listings typically available each month in this Red Deer neighborhood.
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 2026 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.
| 🔑Available apartment rentals | 32 |
|---|---|
| 💰Best rent deal | 4700 55 St |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |