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

Average rent

$1,355
decreased by7%

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Great for

Eco-living
Social life
Pet owners

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Waskasoo Terrace Apartments - Photo 1 of 1

12h ago

8.8

Very good

Waskasoo Terrace Apartments

4744 54 St, Red Deer, AB T4N 2G3

On-site laundry | Assigned parking | Central heat

1 bed

1 bath

$1,075

Apartment for rent

Mainstreet Gaetz Core - Photo 1 of 1

12h ago

8.8

Very good

Mainstreet Gaetz Core

4920 47 St, Red Deer, AB T4N 1R5

On-site laundry | Balcony | Assigned parking

1 bed

1 bath

$1,025

Apartment for rent

Park Royal Manor - Photo 1 of 1

16h ago

8.8

Very good

Park Royal Manor

4514 48 Ave, Red Deer, AB T4N 3S7

On-site laundry | Balcony | Storage

1 bed

1 bath

$1,405

Apartment for rent

Lincoln House - Photo 1 of 1

20h ago

8.5

Very good

Lincoln House

4827 46 St, Red Deer, AB T4N 1M9

On-site laundry | Balcony

1 bed

1 bath

$1,355

Apartment for rent

Pembroke House - Photo 1 of 1

1d ago

8.5

Very good

Pembroke House

4815 46 St, Red Deer, AB T4N 1M9

On-site laundry | Balcony

1 bed

1 bath

$1,365

Apartment for rent

Mainstreet Waskasoo Apartments - Photo 1 of 1

1d ago

8.8

Very good

Mainstreet Waskasoo Apartments

4721 55 St, Red Deer, AB T4N 2H9

Balcony | Assigned parking | Central heat

1–2 beds

1 bath

$1,075–$1,300

Apartment for rent

Find rentals with popular amenities

On-Site Laundry

Assigned Parking

Balcony

Storage

Heather Lee - Photo 1 of 1

2d ago

8.5

Very good

Heather Lee

4734 55 St, Red Deer, AB T4N 2J1

Assigned parking

1–2 beds

1 bath

$1,325–$1,450

Apartment for rent

Charmarine East & West - Photo 1 of 1

2d ago

8.6

Very good

Charmarine East & West

4742 & 4742 55 Street, Red Deer, AB T4N 2J1

Assigned parking

1–2 beds

1 bath

$1,325–$1,450

Apartment for rent

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5307 48 Ave - Photo 1 of 1

2d ago

Downtown Red Deer apartment for rent in Red Deer

On-site laundry | Balcony | Oven

2 beds

1 bath

$1,195

Apartment for rent

Available May 2

2 Bedroom Unit with Large Balcony - Photo 1 of 1

2d ago

8.3

Very good

2 Bedroom Unit with Large Balcony

5307 48 Ave, Red Deer, AB T4N 3V2

2 beds

1 bath

$1,195

Apartment for rent

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Find sweet deals in Downtown Red Deer

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

Sprucevale - Photo 1 of 1

3d ago

8.8

Very good

Sprucevale

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

On-site laundry | Balcony | Storage

2 beds

1 bath

$1,554

Apartment for rent

Revy Townhomes - Photo 1 of 1

3d ago

8.8

Very good

Revy Townhomes

4250 54 Ave, Red Deer, AB T4N 6W9

In-unit laundry | On-site laundry | Balcony

3 beds

1 bath

$1,730–$1,880

House for rent

Valleyview Manor - Photo 1 of 1

3d ago

8.5

Very good

Valleyview Manor

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

On-site laundry

1 bed

1 bath

$1,305–$1,455

Apartment for rent

Exeter Court - Photo 1 of 1

3d ago

8.8

Very good

Exeter Court

4821 46 St, Red Deer, AB T4N 1M9

On-site laundry | Balcony

2 beds

1 bath

$1,374–$1,524

Apartment for rent

Plaza Apartments - Photo 1 of 1

3d ago

8.8

Very good

Plaza Apartments

5305, 5325, 5405, 5425 47A Avenue, Red Deer, AB T4N 3R6

On-site laundry | Balcony | On-site management

2 beds

1 bath

$1,150

Apartment for rent

4311 49 Ave - Photo 1 of 1

3d ago

Downtown Red Deer house for rent in Red Deer

Furnished | On-site laundry | Fitness center

Studio

1 bath

$1,195

House for rent

Available May 2

Find similar neighborhoods

4311 49 Ave - Photo 1 of 1

3d ago

Downtown Red Deer house for rent in Red Deer

Furnished | On-site laundry | Fitness center

1 bed

1 bath

$1,595

House for rent

Available May 2

4732 54 St - Photo 1 of 1

3d ago

Downtown Red Deer apartment for rent in Red Deer

4732 54 St, Red Deer, AB T4N 2G3

In-unit laundry | On-site laundry | Balcony

1 bed

1 bath

$1,195

Apartment for rent

Available May 2

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1 Bedroom Apartment w/ In - Photo 1 of 1

3d ago

8.3

Very good

1 Bedroom Apartment w/ In

4732 54 St, Red Deer, AB T4N 2G3

In-unit laundry

1 bed

1 bath

$1,195

Apartment for rent

1-Bedroom Unit Available! All Utilities Included! Incentives Available - Photo 1 of 1

3d ago

8.3

Very good

1 bed

1 bath

$1,595

Apartment 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 | Central heat

1 bed

1 bath

$1,025

Apartment for rent

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Home > Apartments in Red Deer > Downtown Red Deer Apartments For Rent
Updated: May 2, 2026

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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 size of an apartment in Downtown Red Deer, AB?

The average size of a 1 bedroom apartment rental in Downtown Red Deer is 513 square feet. The average size of a 2 bedroom apartment rental in Downtown Red Deer is 574 square feet. The average size of a 3 bedroom apartment rental in Downtown Red Deer is 630 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 rentals29
💰Best rent deal4820 47 Ave
Popular amenities, ,
🍽With dishwasher
🏠With photos