Bedroom count
Property type
Last updated on September 19, 2026
Average rent in
Red Deer, AB
Average rent in
Last updated on September 19, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Red Deer, AB rent slipped modestly year over year, with a current median of $1,450/month. Renters are paying $33 less per month on average than last year, while month-to-month rent is essentially flat.
Compared to national trends
Red Deer is 23.7% more affordable than the $1,900/month national median, with 58 total rentals providing a smaller but accessible market for renters.
Price ranges
Studios rent for about $1,134/month, 1-bedrooms for $1,325/month, 2-bedrooms for $1,449/month, 3-bedrooms for $1,795/month, and 4+ bedrooms reach $3,000/month. The bedroom distribution is weighted toward 2-bed units, which make up 42.9% of total rentals.
Neighborhood spotlight
Inglewood rents fell 50.2% year over year to $1,395/month across 21 rentals, contrasting with the more stable citywide market. This decline marks a notable local shift within Red Deer, AB.
Median rent
Median rent in Red Deer
$1,450/mo
1%vs previous year
The average rent in Red Deer is $1,450 per month as of September 2026. This is 24% below the national average rent, or $450 less per month.
average price per square foot
Total rentals
Available rentals in Red Deer
58
for rent on Zumper.com as of September 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 remained the same over the last month and have decreased by 1% 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 $1,429, whereas a house costs $1,750. 1-bedroom apartments in Red Deer run $1,325 on average, while 2-bedroom apartments are $1,449.
Listings | ||||
|---|---|---|---|---|
Studio | $1,134 | 5% |  5% | |
1 bedroom | $1,325 | No Change | 4% | |
2 bedroom | $1,449 | No Change | 1% | |
3 bedroom | $1,795 | 1% | 4% | |
4 bedroom | $3,000 | 11% | 15% |
Listings | ||
|---|---|---|
Bower | $1,499 | |
Downtown Red Deer | $1,325 | |
Eastview | $1,377 | |
Highland Green | $1,452 | |
Highland Green Estates | $1,439 | |
Kingsgate | $1,325 | |
Normandeau | $1,450 | |
Riverside Meadows | $1,412 | |
South Hill | $1,462 | |
Sunnybrook | $1,695 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,429 | No Change | No Change | |
Houses | $1,750 | 7% | No Change | |
Rooms | $1,197 | 19% | - |
Studio
Average rent
$1,134
Last 30 days
5%
Last year
5%
1 bedroom
Average rent
$1,325
Last 30 days
No Change
Last year
4%
2 bedroom
Average rent
$1,449
Last 30 days
No Change
Last year
1%
3 bedroom
Average rent
$1,795
Last 30 days
1%
Last year
4%
4 bedroom
Average rent
$3,000
Last 30 days
11%
Last year
15%
Downtown Red Deer
Average rent
$1,325
Riverside Meadows
Average rent
$1,412
South Hill
Average rent
$1,462
Eastview
Average rent
$1,377
Highland Green
Average rent
$1,452
Normandeau
Average rent
$1,450
Bower
Average rent
$1,499
Highland Green Estates
Average rent
$1,439
Kingsgate
Average rent
$1,325
Sunnybrook
Average rent
$1,695
Apartments
Average rent
$1,429
Last 30 days
No Change
Houses
Average rent
$1,750
Last 30 days
7%
Rooms
Average rent
$1,197
Last 30 days
19%
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
24%lower than the national median
3%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
$1,839
51%$1,295
6%$1,798
6%$1,520
3%$1,640
5%$1,600
9%$1,500
3%$1,300
13%$1,285
1%$1,900
5%$1,899
4%Discover rentals in Red Deer, AB
5d+ ago
West Park apartment for rent in Red Deer
2 beds
1 bath
$1,195
Apartment for rent
Available Sep 19
5d+ ago
Eastview apartment for rent in Red Deer
2 beds
1 bath
$1,245
Apartment for rent
Available Sep 19
5d+ ago
Riverside Meadows apartment for rent in Red Deer
2 beds
1 bath
$1,250
Apartment for rent
Available Sep 19
18h ago
3620 52 Ave, Red Deer, AB T4N 4J5
2 beds
1 bath
$1,395
Apartment for rent
17h ago
Timberlands house for rent in Red Deer
3 beds
3.5 baths
$3,500
House for rent
Available Sep 19
5d+ ago
Clearview Ridge townhouse for rent in Red Deer
2 beds
2.5 baths
$2,100
House for rent
Available Sep 19
3h ago
70 Thomlison Ave, Red Deer, AB T4P 3H7
1–2 beds
1–2 baths
$1,625–$1,855
Apartment for rent
2d ago
39 Van Slyke Way, Red Deer, AB T4R 0S3
1–2 beds
1 bath
$1,615–$1,845
Apartment for rent
2d ago
4250 54 Ave, Red Deer, AB T4N 6W9
3 beds
1 bath
$1,730–$1,980
House for rent
2d ago
3920 50 Ave, Red Deer, AB T4N 3Z1
Studio–2 beds
1 bath
$1,049–$1,545
Price drop
Apartment for rent
2d ago
39 Van Slyke Way, Red Deer, AB T4R 0S3
1–2 beds
1 bath
$1,615–$1,845
Apartment for rent
3h ago
50A Livingston Close, Red Deer, AB T4R 0T8
1–2 beds
1–2 baths
$1,628–$1,798
Apartment for rent
4d ago
4820 47 Ave, Red Deer, AB T4N 6B9
1 bed
1 bath
$1,075
Apartment for rent
5d+ ago
5423 57 St, Red Deer, AB T4N 2K8
1–2 beds
1 bath
$1,269–$1,459
Apartment for rent
Available Oct 29
3h ago
70 Thomlison Ave, Red Deer, AB T4P 3H7
1–2 beds
1–2 baths
$1,625–$1,855
Apartment for rent
14h ago
5925 63 St, Red Deer, AB T4N 6K7
1–2 beds
1 bath
$1,469–$1,579
Apartment for rent
2d ago
3920 50 Ave, Red Deer, AB T4N 3Z1
Studio
1 bath
$1,049–$1,174
Price drop
Apartment for rent
3h ago
50A Livingston Close, Red Deer, AB T4R 0T8
1–2 beds
1–2 baths
$1,628–$1,798
Apartment for rent
3h ago
70 Thomlison Ave, Red Deer, AB T4P 3H7
1–2 beds
1–2 baths
$1,625–$1,855
Apartment for rent
11h ago
4700 55 St, Red Deer, AB T4N 2H8
1 bed
1 bath
$1,031
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 $1,450 per month as of September 12, 2026.
Is rent up or down in Red Deer?
Average rent prices in Red Deer have remained the same over the last month and have decreased by 1% since last year.
How does Red Deer rent compare to the national average?
Rent in Red Deer is 24% below the national average, which means renters are paying approximately $450 less per month.
Which neighborhoods are most affordable in Red Deer?
The most affordable neighborhoods in Red Deer are Downtown Red Deer ($1,325/mo), Kingsgate ($1,325/mo), and Eastview ($1,377/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 $58,000/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).