Bedroom count
Property type
Last updated on June 21, 2026
Average rent in
Red Deer, AB
Average rent in
Last updated on June 21, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Red Deer, AB rent has climbed modestly year over year, with a current median of $1,495/month, up $30 from last year. Month over month, rents have fallen 3.5%, indicating a recent decrease in rental prices.
Compared to national trends
Red Deer sits 23.3% more affordable than the $1,950/month national median, offering a more accessible rental market with 82 total rentals available across the city.
Price ranges
Studios in Red Deer rent for about $1,195/month, 1-bedrooms for $1,322/month, and 2-bedrooms for $1,495/month, with 4+ bedrooms reaching $3,000/month. Houses have a median rent of $1,769/month, while apartments are lower at $1,397/month.
Median rent
Median rent in Red Deer
$1,495/mo
2%vs previous year
The average rent in Red Deer is $1,495 per month as of June 2026. This is 23% below the national average rent, or $455 less per month.
average price per square foot
Total rentals
Available rentals in Red Deer
82
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Red Deer rentals at each price point
Rent trends in Red Deer, AB
Average rent prices in Red Deer have decreased by 4% over the last month and have increased by 2% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Red Deer, AB
Rent prices in Red Deer vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Red Deer is $1,397, whereas a house costs $1,769. 1-bedroom apartments in Red Deer run $1,312 on average, while 2-bedroom apartments are $1,450.
Listings | ||||
|---|---|---|---|---|
Studio | $1,195 |  6% | 8% | |
1 bedroom | $1,322 | 1% | 1% | |
2 bedroom | $1,495 | 1% | 1% | |
3 bedroom | $1,807 | 6% | 1% | |
4 bedroom | $3,000 | 38% | - |
Listings | ||
|---|---|---|
Clearview Meadows | $1,395 | |
Downtown Red Deer | $1,305 | |
Highland Green | $1,595 | |
Highland Green Estates | $1,325 | |
Kentwood East | $1,325 | |
Normandeau | $1,422 | |
Pines | $1,464 | |
Riverside Meadows | $1,455 | |
South Hill | $1,332 | |
West Park | $1,439 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,397 | 1% | No Change | |
Condos | $1,495 | 4% | - | |
Houses | $1,769 | 5% | No Change | |
Rooms | $3,000 | 16% | - |
Studio
Average rent
$1,195
Last 30 days
6%
Last year
8%
1 bedroom
Average rent
$1,322
Last 30 days
1%
Last year
1%
2 bedroom
Average rent
$1,495
Last 30 days
1%
Last year
1%
3 bedroom
Average rent
$1,807
Last 30 days
6%
Last year
1%
4 bedroom
Average rent
$3,000
Last 30 days
38%
Downtown Red Deer
Average rent
$1,305
South Hill
Average rent
$1,332
Riverside Meadows
Average rent
$1,455
Normandeau
Average rent
$1,422
Highland Green Estates
Average rent
$1,325
Clearview Meadows
Average rent
$1,395
Pines
Average rent
$1,464
Highland Green
Average rent
$1,595
West Park
Average rent
$1,439
Kentwood East
Average rent
$1,325
Apartments
Average rent
$1,397
Last 30 days
1%
Condos
Average rent
$1,495
Last 30 days
4%
Houses
Average rent
$1,769
Last 30 days
5%
Rooms
Average rent
$3,000
Last 30 days
16%
The table above reflects average rent prices in Red Deer, AB, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Red Deer, AB compare to other cities?
Compare median rent prices in Red Deer and Airdrie by all bedroom counts and property types.
Red Deer
23%lower than the national median
6%lower than the national median
Takeaway
The median rent for all rentals in Red Deer, AB is 19% lower than the median rent in Airdrie, AB.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,840
5%$1,290
4%$1,795
3%$1,500
2%$1,684
4%$1,425
13%$1,500
7%$1,210
1%$1,269
1%$1,665
3%$1,754
16%Discover rentals in Red Deer, AB
3d ago
80A Kelloway Cres, Red Deer, AB T4P 4G7
2 beds
1 bath
$1,195
Apartment for rent
5d+ ago
Kentwood East condo for rent in Red Deer
2 beds
1 bath
$1,195
Condo for rent
Available Jun 20
4d ago
3821 50 St, Red Deer, AB T4N 1W1
2 beds
1 bath
$1,245
Apartment for rent
5d+ ago
Eastview apartment for rent in Red Deer
2 beds
1 bath
$1,245
Apartment for rent
Available Jun 20
4d ago
3733 45 St, Red Deer, AB T4N None
1–3 beds
1–3 baths
$1,720–$2,550
House for rent
17h ago
70 Thomlison Ave, Red Deer, AB T4P 3H7
2 beds
2 baths
$1,855–$1,985
Apartment for rent
20h ago
50A Livingston Close, Red Deer, AB T4R 0T8
2 beds
1–2 baths
$1,798–$1,828
Apartment for rent
2d ago
39 Van Slyke Way, Red Deer, AB T4R 0S3
1–2 beds
1 bath
$1,530–$1,755
Apartment for rent
1d ago
3920 50 Ave, Red Deer, AB T4N 3Z1
1–2 beds
1 bath
$1,260–$1,495
Apartment for rent
2d ago
39 Van Slyke Way, Red Deer, AB T4R 0S3
1–2 beds
1 bath
$1,530–$1,755
Apartment for rent
17h ago
70 Thomlison Ave, Red Deer, AB T4P 3H7
2 beds
2 baths
$1,855–$1,985
Apartment for rent
20h ago
50A Livingston Close, Red Deer, AB T4R 0T8
2 beds
1–2 baths
$1,798–$1,828
Apartment for rent
6h ago
3424 52 Ave, Red Deer, AB T4N 6N2
1 bed
1 bath
$1,199
Apartment for rent
1d ago
5423 57 St, Red Deer, AB T4N 2K8
1–2 beds
1 bath
$1,299–$1,429
Apartment for rent
Available Oct 29
3d ago
6209 60 St, Red Deer, AB T4N 6M7
1–2 beds
1 bath
$1,339–$1,439
Apartment for rent
Available Feb 1
5d+ ago
4820 47 Ave, Red Deer, AB T4N 6B9
1 bed
1 bath
$1,075
Apartment for rent
17h ago
70 Thomlison Ave, Red Deer, AB T4P 3H7
2 beds
2 baths
$1,855–$1,985
Apartment for rent
20h ago
50A Livingston Close, Red Deer, AB T4R 0T8
2 beds
1–2 baths
$1,798–$1,828
Apartment for rent
1d ago
4920 47 St, Red Deer, AB T4N 1R5
1 bed
1 bath
$975
Apartment for rent
1d ago
4311 49 Ave, Red Deer, AB T4N 5Y7
Studio
1 bath
$1,195
Apartment for rent
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Frequently asked questions for Red Deer, AB
Quick answers to common questions about the Red Deer rental market.
How much is rent in Red Deer?
The average rent in Red Deer is $1,495 per month as of June 20, 2026.
Is rent up or down in Red Deer?
Average rent prices in Red Deer have decreased by 4% over the last month and have increased by 2% since last year.
How does Red Deer rent compare to the national average?
Rent in Red Deer is 23% below the national average, which means renters are paying approximately $455 less per month.
Which neighborhoods are most affordable in Red Deer?
The most affordable neighborhoods in Red Deer are Downtown Red Deer ($1,305/mo), Highland Green Estates ($1,325/mo), and Kentwood East ($1,325/mo).
What salary do I need to afford rent in Red Deer?
To comfortably afford rent in Red Deer, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Red Deer?
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.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).