Average Rent in Red Deer, AB and Rent Price Trends

Rent price summary for
Red Deer, AB

As of September 2025, the median rent for all bedroom counts and property types in Red Deer, AB is $1,467. This is -26% lower than the national average.

$2.51

average price per square foot

Median rent

$1,467

over the previous yearvs previous year

Total rentals

54

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Red Deer, AB is $1,467. This is -26% lower than the national average.

$2.51

average price per square foot

Rent ranges

57%

40%

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

$2,251-$3,000$2,251 - $3,000

Households

At this time, we don't have information to generate a distribution. Please check back soon.

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
Red Deer, AB
The monthly rent for an apartment in Red Deer, AB is $1,400. A 1-bedroom apartment in Red Deer, AB costs about $1,316 on average, while a 2-bedroom apartment is $1,421. Houses for rent in Red Deer, AB are more expensive, with an average monthly cost of $1,775.


1 bedroom	$1,319	1%	No Change
2 bedroom	$1,414	No Change	11%
3 bedroom	$1,722	No Change	3%
4 bedroom	$2,545	16%	2%
Studio	$1,162	9%	-

		Comparables
Clearview Meadows	$1,545
Downtown Red Deer	$1,295
Eastview Estates	$1,429
Highland Green	$1,395
Highland Green Estates	$1,477
Kentwood East	$1,400
Kentwood West	$1,605
Riverside Meadows	$1,349
South Hill	$1,499
Vanier East	$1,539


Apartments	$1,400	No Change	No Change
Condos	$1,345	1%	-
Houses	$1,775	3%	No Change
Rooms	$1,695	12%	-

Studio

Average rent

$1,162

Last 30 days

1 bedroom

Average rent

$1,319

Last 30 days

Last year

No Change

2 bedroom

Average rent

$1,414

Last 30 days

No Change

Last year

11%

3 bedroom

Average rent

$1,722

Last 30 days

No Change

Last year

4 bedroom

Average rent

$2,545

Last 30 days

16%

Last year

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.

Compare rent prices in Red Deer, AB to other cities

Median rent prices in Red Deer, AB for all bedroom counts and property types compared to Airdrie, AB.

Red Deer

Median rent price$1,467

26%

lower than the national median

Median rent price$1,704

14%

lower than the national median

Takeaway

The median rent for all rentals in Red Deer, AB is 14% lower than the median rent in Airdrie, AB.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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