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Apartments for Rent in Downtown Red Deer, Red Deer, AB
The average monthly rent in Downtown Red Deer, Red Deer is down 1.1% compared to last month and down 14.38% year-over-year.
Average rent
14%Track prices
Great for
Average rent
14%Track prices
Great for
All rentals
11h ago
Downtown Red Deer apartment for rent in Red Deer
1 bed
1 bath
$1,095
Apartment for rent
3d ago
1 bed
1 bath
$1,545
Apartment for rent
5d+ ago
Downtown Red Deer apartment for rent in Red Deer
1 bed
1 bath
$1,195
Apartment for rent
3d ago
2 beds
1 bath
$1,459
Apartment for rent
3d ago
2 beds
1 bath
$1,324
Apartment for rent
4d ago
1 bed
1 bath
$1,314
Apartment for rent
Find rentals with popular amenities
On-Site Laundry
Assigned Parking
Storage
Balcony
4d ago
2 beds
1 bath
$1,414–$1,539
Apartment for rent
4d ago
1 bed
1 bath
$1,319–$1,419
Apartment for rent
Be the first to hear about new listings matching your search.
4d ago
3 beds
1 bath
$1,675–$1,799
House for rent
5d+ ago
4820 47 Ave, Red Deer, AB T4N 6B9
In-unit laundry | On-site laundry | Assigned parking
1 bed
1 bath
$1,025
Apartment for rent
5d+ ago
South Hill apartment for rent in Red Deer
1 bed
1 bath
$1,000
Apartment for rent
5d+ ago
Riverside Meadows apartment for rent in Red Deer
2 beds
1 bath
$1,295
Apartment for rent
5d+ ago
1 bed
1 bath
$1,095
Apartment for rent
3d ago
Studio–2 beds
1 bath
$1,025–$1,325
Apartment for rent
4d ago
3 beds
1 bath
$1,660–$1,835
House for rent
3d ago
3 beds
1 bath
$1,999
House for rent
Find sweet deals near Downtown Red Deer
These rentals are 10%-30% cheaper than the local average price for similar rentals.
4d ago
3424 52 Ave, Red Deer, AB T4N 6N2
On-site laundry | On-site management | Dishwasher
2 beds
1 bath
$1,399
Apartment for rent
Available Feb 15
4d ago
1 bed
1 bath
$1,359
Apartment for rent
Available Feb 1
4d ago
3710 52 Ave, Red Deer, AB T4N 4J5
Garage parking | On-site laundry | Assigned parking
1–2 beds
1 bath
$1,299–$1,429
Apartment for rent
Available Feb 15
15h ago
2 beds
1 bath
$1,589
Apartment for rent
4d ago
2 beds
1 bath
$1,400
Apartment for rent
3d ago
5130 & 5130 & 5140 62 Street, Red Deer, AB T4N 6N7
On-site laundry | Balcony | Assigned parking
1–2 beds
1 bath
$1,199–$1,299
Apartment for rent
11h ago
Oriole Park apartment for rent in Red Deer
3 beds
1 bath
$1,700
Apartment for rent
5d+ ago
27 Halman Cres, Red Deer, AB T4N 6J9
In-unit laundry | On-site laundry | Balcony
3 beds
1 bath
$1,785
House for rent
4d ago
1–2 beds
1 bath
$1,370–$1,425
Apartment for rent
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Learn more about renting in Downtown Red Deer, Red Deer, AB
Downtown Red Deer, Red Deer rent data for:
As of today, you'll find 12 apartments for rent in Red Deer, with a median rent price of $1,295 per month. Red Deer has seen a 14%—or $213—decrease in median rent price compared to the previous year.Apartments for rent
Average Rent
$1,295Year Over Year Change
-14%
$213
Rentals available, last 30 days
12
How has rent in Downtown Red Deer, Red Deer, AB changed in the last two years?
The average rent in Downtown Red Deer, Red Deer, AB, for rentals of all sizes and types, is $1,295, which is a 14.38% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Downtown Red Deer, Red Deer, AB is about $1,199. The average rent for 2-bedroom apartments in Downtown Red Deer, Red Deer, AB is $1,550, and studios are about $1,025 per month.
See more Downtown Red Deer, Red Deer, AB rent data on our rent research page.
How do residents get around Downtown Red Deer, Red Deer, AB?
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.
Walking
Cycling
Driving
Transit
Scores for Red Deer are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
Downtown Red Deer, Red Deer apartment availability
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.
Why Downtown Red Deer, Red Deer is a great place to live
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.
Methodology: How we got this data
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.
Downtown Red Deer Apartments for rent FAQ
What is the average rent for 1 bedroom apartments for rent in Downtown Red Deer, AB?
The average rent for 1 bedroom apartments for rent in Downtown Red Deer is $1145 per month. There are 7 1 bedroom apartments for rent in Downtown Red Deer, AB.
What is the average rent for 2 bedroom apartments for rent in Downtown Red Deer, AB?
The average rent for 2 bedroom apartments for rent in Downtown Red Deer is $1295 per month. Currently, there are 4 2 bedroom apartments for rent in Downtown Red Deer, AB.
What is the average rent for 3 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.
How expensive is it to rent an apartment in Downtown Red Deer, AB?
The average rent price in Downtown Red Deer, AB for a 2 bedroom apartment is $1295 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.
What is the average size of an apartment in Downtown Red Deer, AB?
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 364 square feet. The average size of a 3 bedroom apartment rental in Downtown Red Deer is 1260 square feet.
Can I afford an apartment for rent in Downtown Red Deer, AB?
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.
What type of apartment rental is most common in Downtown Red Deer, Red Deer, AB?
1 bedroom apartments are the most common type of rentals in Downtown Red Deer, Red Deer, AB right now.
What type of apartment rental is least common in Downtown Red Deer, Red Deer, AB?
3 bedroom apartments are the least common type of rentals in Downtown Red Deer, Red Deer, AB right now.
Looking for apartments in Downtown Red Deer, Red Deer, AB near you?
| 🔑Available apartment rentals | 25 |
|---|---|
| 💰Best rent deal | 5011 39 St |
| ✨Popular amenities | , , |
| 🏠With photos |