Bedroom count
Property type
Last updated on November 3, 2026
Average rent in
Red Deer, AB
Average rent in
Last updated on November 3, 2026
Bedroom count
Property type
Key takeaways for renters
Where Red Deer rent stands today
Red Deer, AB rent rose 2.1% year over year, with a current median of $1,429/month. Renters today are paying $30 more per month on average than last year, following a modest month-over-month decline of 0.6%.
Compared to national trends
Red Deer sits 24.8% more affordable than the $1,900/month national median, with 60 total rentals offering a smaller but accessible market for renters.
Rent ranges by bedroom
Studios in Red Deer run around $1,148/month, 1-bedrooms around $1,325/month, 2-bedrooms around $1,450/month, 3-bedrooms around $1,839/month, and 4+ bedrooms reach $2,750/month, giving renters a wide range of options across bedroom tiers.
Neighborhood spotlight
Johnstone Park rents fell 40.1% year over year to $1,495/month across 23 rentals. This decline contrasts with the citywide rise of 2.1%, showing a localized cooldown in this neighborhood.
Median rent
Median rent in Red Deer
$1,429/mo
2%vs previous year
The average rent in Red Deer is $1,429 per month as of October 2026. This is 25% below the national average rent, or $471 less per month.
average price per square foot
Total rentals
Available rentals in Red Deer
60
for rent on Zumper.com as of October 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 1% 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 $1,365, whereas a house costs $1,760. 1-bedroom apartments in Red Deer run $1,325 on average, while 2-bedroom apartments are $1,450.
Listings | ||||
|---|---|---|---|---|
Studio | $1,147 |  8% | 4% | |
1 bedroom | $1,325 | No Change | 2% | |
2 bedroom | $1,450 | No Change | 4% | |
3 bedroom | $1,839 | 5% | 10% | |
4 bedroom | $2,750 | No Change | 25% |
Listings | ||
|---|---|---|
Bower | $1,450 | |
Downtown Red Deer | $1,285 | |
Highland Green | $1,455 | |
Highland Green Estates | $1,595 | |
Normandeau | $1,414 | |
Pines | $1,450 | |
Riverside Meadows | $1,395 | |
South Hill | $1,450 | |
Timberlands | $1,395 | |
Vanier East | $1,511 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,365 | 4% | 1% | |
Condos | $1,700 | 55% | - | |
Houses | $1,760 | 4% | 8% | |
Rooms | $750 | No Change | - |
Studio
Average rent
$1,147
Last 30 days
8%
Last year
4%
1 bedroom
Average rent
$1,325
Last year
2%
2 bedroom
Average rent
$1,450
Last year
4%
3 bedroom
Average rent
$1,839
Last 30 days
5%
Last year
10%
4 bedroom
Average rent
$2,750
Last year
25%
Downtown Red Deer
Average rent
$1,285
Riverside Meadows
Average rent
$1,395
South Hill
Average rent
$1,450
Highland Green
Average rent
$1,455
Highland Green Estates
Average rent
$1,595
Bower
Average rent
$1,450
Normandeau
Average rent
$1,414
Timberlands
Average rent
$1,395
Vanier East
Average rent
$1,511
Pines
Average rent
$1,450
Apartments
Average rent
$1,365
Last 30 days
4%
Last year
1%
Condos
Average rent
$1,700
Last 30 days
55%
Houses
Average rent
$1,760
Last 30 days
4%
Last year
8%
Rooms
Average rent
$750
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
25%lower than the national median
5%lower than the national median
Takeaway
The median rent for all rentals in Red Deer, AB is 21% lower than the median rent in Airdrie, AB.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,800
2%$1,210
6%$1,783
4%$1,536
1%$1,679
1%$1,660
5%$1,499
$1,250
10%$1,270
1%$1,965
16%$2,036
1%Discover rentals in Red Deer, AB
1m ago
South Hill apartment for rent in Red Deer
5913 50 Ave, Red Deer, AB T4N 4C4
Studio
0 baths
$220–$600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Downtown Red Deer apartment for rent in Red Deer
2 beds
1 bath
$1,050
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Oct 28
4d ago
5305, 5325, 5405, 5425 47A Avenue, Red Deer, AB T4N 3R6
2 beds
1 bath
$1,192
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
4d ago
Highland Green apartment for rent in Red Deer
2 beds
1 bath
$1,195
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 29
4h ago
70 Thomlison Ave, Red Deer, AB T4P 3H7
1–2 beds
1–2 baths
$1,625–$1,875
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
7h ago
39 Van Slyke Way, Red Deer, AB T4R 0S3
1–2 beds
1 bath
$1,573–$1,895
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
4h ago
301A Timothy Dr, Red Deer, AB T4P 0P2
1–2 beds
1–2 baths
$1,365–$1,695
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Downtown Red Deer house for rent in Red Deer
1 bed
1 bath
$1,595
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Oct 16
7h ago
39 Van Slyke Way, Red Deer, AB T4R 0S3
1–2 beds
1 bath
$1,573–$1,895
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
12h ago
3920 50 Ave, Red Deer, AB T4N 3Z1
Studio–2 beds
1 bath
$1,091 –$1,503
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
2d ago
2450 22 St, Red Deer, AB T4R 0P6
2–3 beds
1 bath
$1,598–$1,998
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
5d+ ago
4250 54 Ave, Red Deer, AB T4N 6W9
3 beds
1 bath
$1,688–$1,959
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
12h ago
4820 47 Ave, Red Deer, AB T4N 6B9
1 bed
1 bath
$1,075
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
16h ago
7108 104-7108 Parke Ave., Red Deer, AB T4P 1M9
2 beds
1 bath
$1,529
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Oct 5
1d ago
3424 52 Ave, Red Deer, AB T4N 6N2
2 beds
1 bath
$1,429–$1,479
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Feb 8
1d ago
5423 57 St, Red Deer, AB T4N 2K8
2 beds
1 bath
$1,309–$1,519
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Oct 29
2d ago
2450 22 St, Red Deer, AB T4R 0P6
2–3 beds
1 bath
$1,598–$1,998
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
4h ago
301A Timothy Dr, Red Deer, AB T4P 0P2
1–2 beds
1–2 baths
$1,365–$1,695
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
4h ago
70 Thomlison Ave, Red Deer, AB T4P 3H7
1–2 beds
1–2 baths
$1,625–$1,875
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
8h ago
3110 47 Ave, Red Deer, AB T4N 3P2
2–3 beds
1 bath
$1,725–$1,910
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House 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 $1,429 per month as of October 31, 2026.
Is rent up or down in Red Deer?
Average rent prices in Red Deer have decreased by 1% 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 25% below the national average, which means renters are paying approximately $471 less per month.
Which neighborhoods are most affordable in Red Deer?
The most affordable neighborhoods in Red Deer are Downtown Red Deer ($1,285/mo), Riverside Meadows ($1,395/mo), and Timberlands ($1,395/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 $57,000/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?
January offers the lowest rents in Red Deer, with approximately 9% savings compared to August peak pricing. December is also less competitive with lower demand, while August and May see the highest competition and prices.
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).