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The average monthly rent in Downtown Red Deer, Red Deer is down 1.1% compared to last month and down 14.38% year-over-year.
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2d ago
2 beds
1 bath
$1,195
Apartment for rent
2d ago
Studio
1 bath
$1,195
Apartment for rent
3d ago
1 bed
1 bath
$1,095
Apartment for rent
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
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
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
On-Site Laundry
In-Unit Laundry
Storage
Assigned Parking
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
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
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2h ago
1 bed
1 bath
$1,314
Apartment for rent
13h ago
2 beds
1 bath
$1,414–$1,539
Apartment for rent
13h ago
1 bed
1 bath
$1,319–$1,419
Apartment for rent
13h ago
3 beds
1 bath
$1,675–$1,799
House for rent
2d ago
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
5d+ ago
2 beds
1 bath
$1,459
Apartment for rent
5d+ ago
2 beds
1 bath
$1,324
Apartment for rent
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
These rentals are 10%-30% cheaper than the local average price for similar rentals.
1d ago
1 bed
1 bath
$1,095
Apartment for rent
13h ago
Studio–2 beds
1 bath
$1,025–$1,325
Apartment for rent
5d+ ago
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
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
3d ago
3 beds
1 bath
$1,700
Apartment for rent
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Downtown Red Deer, Red Deer rent data for:
As of today, you'll find 12 apartments for rent in Red Deer, with a median rent price of $1,295 per month. Red Deer has seen a 14%—or $213—decrease in median rent price compared to the previous year.Average Rent
$1,295Year Over Year Change
-14%
$213
Rentals available, last 30 days
12
The average rent in Downtown Red Deer, Red Deer, AB, for rentals of all sizes and types, is $1,295, which is a 14.38% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Downtown Red Deer, Red Deer, AB is about $1,199. The average rent for 2-bedroom apartments in Downtown Red Deer, Red Deer, AB is $1,550, and studios are about $1,025 per month.
See more Downtown Red Deer, Red Deer, AB rent data on our rent research page.
Downtown Red Deer, Red Deer has a walk score of 6/10, so when you need to run errands or leave the neighborhood, consider heading out on foot. With a public transportation score of 6/10, you’ll have some opportunities to commute via metro bus or train.
Scores for Red Deer are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
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.
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.
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.
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.
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.
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.
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.
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.
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.
1 bedroom apartments are the most common type of rentals in Downtown Red Deer, Red Deer, AB right now.
3 bedroom apartments are the least common type of rentals in Downtown Red Deer, Red Deer, AB right now.
🔑Available apartment rentals | 21 |
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💰Best rent deal | 3920 50 Ave |
✨Popular amenities | , , |
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