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Apartments for Rent in Downtown Red Deer, Red Deer, AB

Average rent

$1,295
decreased by14%

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Great for

Eco-living
Social life
Pet owners

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Beautiful 2 Bedroom Unit in Parkvale!! - Photo 1 of 1

2d ago

8.3

Very good

Beautiful 2 Bedroom Unit in Parkvale!!

4601 48 Ave, Red Deer, AB T4N 3S8

2 beds

1 bath

$1,195

Apartment for rent

Bachelor Units Available! All Utilities Included! - Photo 1 of 1

2d ago

8.5

Very good

Bachelor Units Available! All Utilities Included!

4311 49 Ave, Red Deer, AB T4N 5Y7

Studio

1 bath

$1,195

Apartment for rent

Large 1 Bedroom Unit Close to All Amenities!! - Photo 1 of 1

3d ago

8.5

Very good

Large 1 Bedroom Unit Close to All Amenities!!

4744 54 St, Red Deer, AB T4N 2G3

In-unit laundry

1 bed

1 bath

$1,095

Apartment for rent

4744 54 St - Photo 1 of 1

5d+ ago

Downtown Red Deer apartment for rent in Red Deer

In-unit laundry | Oven

1 bed

1 bath

$1,095

Apartment for rent

Available Sep 18

Description

4744 54 Street – 402Come check out this beautiful one bedroom apartment in the heart of downtown close to all amenities including the bus station, hospital, grocery stores, school, walking trails and recreational centers! The unit has recently received a facelift with new flooring and a fresh coat of paint. Call The Realty Store to book your appointment!Rent is $1095.00. Tenant is responsible for power. Security Deposit is $1095.00SMALL PETS are welcome on approved pet application with a monthly fee of $25 per pet. Call The Realty Store Inc. o/a Realty Executives Alberta E

4601 48 Ave - Photo 1 of 1

5d+ ago

Downtown Red Deer apartment for rent in Red Deer

On-site laundry | Oven

2 beds

1 bath

$1,195

Apartment for rent

Available Sep 18

Description

4601 48 Avenue Unit 201, Red DeerThis charming 2-bedroom, 1-bathroom apartment in the heart of Parkvale offers a perfect blend of comfort and convenience. The kitchen is complete with modern appliances including a fridge, stove, and range hood, this home is available now! The interior exudes a fresh and inviting atmosphere, ideal for singles or couples seeking a cozy living space in a quiet building. Located in a vibrant neighborhood with easy access to local amenities and parks, there is shared laundry in the building. Don’t miss the opportunity to make this beautiful 3rd

4601 48 Ave - Photo 1 of 1

5d+ ago

Downtown Red Deer apartment for rent in Red Deer

On-site laundry | Oven

1 bed

1 bath

$1,195

Apartment for rent

Available Sep 18

Description

4601 48 Avenue Unit 203, Red DeerThis charming 1-bedroom, 1-bathroom apartment in the heart of Parkvale offers a perfect blend of comfort and convenience. The kitchen is complete with modern appliances including a fridge, stove, and range hood, this home is available now! The interior exudes a fresh and inviting atmosphere, ideal for singles or couples seeking a cozy living space in a quiet building. Located in a vibrant neighborhood with easy access to local amenities and parks, there is shared laundry in the building. Don’t miss the opportunity to make this beautiful 3rd

Find rentals with popular amenities

On-Site Laundry

In-Unit Laundry

Storage

Assigned Parking

4311 49 Ave - Photo 1 of 1

5d+ ago

Downtown Red Deer house for rent in Red Deer

In-unit laundry | Furnished | On-site laundry

1 bed

1 bath

$1,545

House for rent

Available Sep 18

Description

4311 49 Avenue, Red Deer, Unit 562Step inside and be greeted by an expansive living area that is perfect for relaxing. The large windows provide abundant natural light and views, while the high-end finishes and fixtures offer the ultimate in modern sophistication. Rent is inclusive of all utilities including, heat, water, electricity, internet and cable! One bedroom suite being offered at $1545.00 per month. You have the choice of having the unit furnished or unfurnished for no extra cost. Choose what works best for you, as these options can appeal to a wide range of indiv

4311 49 Ave - Photo 1 of 1

5d+ ago

Downtown Red Deer house for rent in Red Deer

Air conditioning | On-site laundry | Tv

Studio

1 bath

$1,195

House for rent

Available Sep 18

Description

4311 49th Ave, Red Deer – Bachelor UnitsWelcome to the beautifully remodeled NestEra. These charming and elegant bachelor suites boast multiple means of making your life easier! Remove the stress of remembering to pay utilities each month, as all your utilities are included in your rent! Also enjoy the added luxury of having both TV and Internet included. Those hot summer days will be a breeze in your air conditioned unit, and all units are equipped with a 50″ Smart TV as well!These units are great for if you are wanting to downsize, or just starting out on your own and wa

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Park Royal Manor - Photo 1 of 1
Rent special

2h ago

9.4

Excellent

Park Royal Manor

4514 48 Ave, Red Deer, AB T4N 3S7

On-site laundry | Balcony | Storage

1 bed

1 bath

$1,314

Apartment for rent

Exeter Court - Photo 1 of 1
Rent special

13h ago

9.4

Excellent

Exeter Court

4821 46 St, Red Deer, AB T4N 1M9

On-site laundry | Balcony

2 beds

1 bath

$1,414–$1,539

Apartment for rent

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Nearby rental good for social life

Nearby rental good for eco-living

Nearby rental good for wfh

Valleyview Manor - Photo 1 of 1
Rent special

13h ago

9.2

Excellent

Valleyview Manor

3901 50a Ave, Red Deer, AB T4N 4E5

On-site laundry

1 bed

1 bath

$1,319–$1,419

Apartment for rent

Revy Townhomes - Photo 1 of 1
Rent special

13h ago

9.4

Excellent

Revy Townhomes

4250 54 Ave, Red Deer, AB T4N 6W9

In-unit laundry | On-site laundry | Balcony

3 beds

1 bath

$1,675–$1,799

House for rent

Lexington Place - Photo 1 of 1

2d ago

9.3

Excellent

Lexington Place

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

Sprucevale - Photo 1 of 1
Rent special

5d+ ago

9.2

Excellent

Sprucevale

5516 47a Ave, Red Deer, AB T4N 3R8

On-site laundry | Balcony | Storage

2 beds

1 bath

$1,459

Apartment for rent

Hawkwood - Photo 1 of 1
Rent special

5d+ ago

9.4

Excellent

Hawkwood

4822 54 St, Red Deer, AB T4N 2G6

On-site laundry | Balcony | Storage

2 beds

1 bath

$1,324

Apartment for rent

5806 52 Ave - Photo 1 of 1

5d+ ago

Riverside Meadows apartment for rent in Red Deer

On-site laundry | Oven

1 bed

1 bath

$1,095

Apartment for rent

Available Sep 18

Description

5806 52 Avenue, Red DeerIncentive: On a 14th month lease get the first & last month rent free!!This charming 1 bedroom, 1 bathroom apartment is located across from the Red Deer river with gorgeous river views! The apartment comes with a fridge, stove and laundry in the building. The open concept living area is great for sitting and having a cozy movie night in!Rent is $1095.00. Tenant is responsible for power. Security deposit is $1095 00 small pets are welcomed with an approved application & monthly pet fee of $25.00 per pet.1 year lease is required, as well as tenant ins

Find sweet deals near Downtown Red Deer

These rentals are 10%-30% cheaper than the local average price for similar rentals.

Free Rent!! 1 Bedroom Apartments at Bridgeview!! - Photo 1 of 1

1d ago

8.3

Very good

Free Rent!! 1 Bedroom Apartments at Bridgeview!!

5806 52 Ave, Red Deer, AB T4N 4K4

1 bed

1 bath

$1,095

Apartment for rent

Hillside - Photo 1 of 1
Rent special

13h ago

9.4

Excellent

Hillside

3920 50 Ave, Red Deer, AB T4N 3Z1

In-unit laundry | On-site laundry

Studio–2 beds

1 bath

$1,025–$1,325

Apartment for rent

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Listings within 5 miles
Mainstreet Red Deer Apartments - Photo 1 of 1
Rent special

5d+ ago

8.8

Very good

Mainstreet Red Deer Apartments

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

42 Onaway Ave - Photo 1 of 1

5d+ ago

Oriole Park apartment for rent in Red Deer

In-unit laundry | On-site laundry | Balcony

3 beds

1 bath

$1,700

Apartment for rent

Available Sep 18

Description

42 Onaway Avenue, Red DeerLocated in the quiet and family-friendly neighborhood of Oriole Park in Red Deer, this spacious 3-bedroom, 1.5-bathroom suite offers a comfortable and convenient place to call home. The unit features in-suite laundry, a fridge and stove, and a private balcony — perfect for enjoying your morning coffee or unwinding in the evening. Fresh updates are underway, including brand-new flooring and a fresh coat of paint, all to be completed before September 15th, giving the home a clean and modern feel. With parks, schools, shopping, and public transit jus

3 Bedroom 1.5 Bathroom Unit in Oriole Park - Photo 1 of 1

3d ago

8.5

Very good

3 Bedroom 1.5 Bathroom Unit in Oriole Park

42 Onaway Ave, Red Deer, AB T4P 2S5

In-unit laundry

3 beds

1 bath

$1,700

Apartment for rent

Showing 1 - 21 of 21 results

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Home > Apartments in Red Deer > Downtown Red Deer Apartments For Rent
Updated: September 19, 2025

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Learn more about renting in Downtown Red Deer, Red Deer, AB

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 rentals21
💰Best rent deal3920 50 Ave
Popular amenities, ,
🏠With photos