close
View Me
Rent Specials
$9501 Bedroom Apartments Available Now
Mainstreet Gaetz Core Apartments
4920 47 StRed Deer, AB T4N 1R5
Cheap Apartments for Rent in Red Deer, AB from $950 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Red Deer.
close
View Me
$1,049 - $1,860Studio to 4 Bedroom Apartments Available Now
Hillside
3920 50 AveRed Deer, AB T4N 3Z1
close
View Me
Rent Specials
$1,099 - $1,2501 to 2 Bedroom Apartments Available Now
Waskasoo Terrace Apartments
4744 54 StRed Deer, AB T4N 2G3
close
View Me
Rent Specials
$1,135 - $1,715Studio to 2 Bedroom Apartments Contact Us For Availability
Timberstone Village
301 Timothy DrRed Deer, AB T4P 0P1
close
View Me
Rent Specials
$1,215 - $1,855Studio to 2 Bedroom Apartments Available Oct 1
Timber Pointe Apartments
70 Thomlison AvRed Deer, AB T4P 0W3
close
View Me
Rent Specials
$1,250 - $1,3451 to 2 Bedroom Apartments Available Now
Mainstreet Red Deer Apartments
5120-5140 62 StRed Deer, AB T4N 6R1
17 Cardinal Ave
Red DeerABT4P 2S9
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
5519 Kerry Wood Dr
Red DeerABT4N 4X3
close
View Me
$1,049 - $1,2901 to 2 Bedroom Apartments
Mainstreet Waskasoo Apartments
4721 55 StRed Deer, AB T4N 2H9
close
View Me
$1,099 - $1,495Studio to 2 Bedroom Apartments
Sandpiper - Premium Suites
5820 58A StRed Deer, AB T4N 2M7
close
View Me
$1,149Studio to 2 Bedroom Apartments
Mainstreet South Hill Apartments
5011 39 StRed Deer, AB T4N 0Z6
close
View Me
$1,159 - $1,659Studio to 2 Bedroom Apartments
Cloverhill Terrace
5925 63 StRed Deer, AB T4N 6K7
close
View Me
$1,199 - $1,4991 to 2 Bedroom Apartments
Taylor Heights Apartments
6209 60 StRed Deer, AB T4N 6M7
close
View Me
$1,199 - $1,5591 to 2 Bedroom Apartments
Canyon Pointe Apartments
3424 52 AveRed Deer, AB T4N 6N2
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
close
View Me
$1,230 - $1,3551 Bedroom Apartments
Lincoln House
4827 46 StRed Deer, AB T4N 1N1
close
View Me
$1,239 - $1,5491 to 2 Bedroom Apartments
Inglewood Terrace Apartments
3710 52 AveRed Deer, AB T4N 4J5
close
View Me
$1,240 - $1,3651 Bedroom Apartments
Pembroke House
4815 46 StRed Deer, AB T4N 1M9
close
View Me
$1,269 - $1,5491 to 2 Bedroom Apartments
Riverbend Village Apartments
5423 57 StRed Deer, AB T4N 2K8
close
View Me
$1,269 - $1,679Studio to 3 Bedroom Apartments
Parke Avenue Square
7108 Parke AveRed Deer, AB T4P 1M9
close
View Me
$1,274 - $1,4141 Bedroom Apartments
Pembroke House
4816 46 StRed Deer, AB T4N 1N1
close
View Me
$1,280 - $1,4551 Bedroom Apartments
Valleyview Manor
3901 50A AveRed Deer, AB T4N 4E5
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
close
View Me
$1,290 - $1,4151 Bedroom Apartments
Park Royal Manor
4514 48th AveRed Deer, AB T4N 3S7
close
View Me
$1,295 - $1,995Studio to 3 Bedroom Apartments
Highwood Apartments
25 Howarth StRed Deer, AB T4N 6J6
Showing Results 1-23, Page 1 of 1
Red Deer, AB Local Guide
How much does it cost to rent an apartment in Red Deer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Red Deer Studio Apartments | $1,141 | $1,049 | $1,215 |
| Red Deer 1 Bedroom Apartments | $1,429 | $950 | $1,796 |
| Red Deer 2 Bedroom Apartments | $1,625 | $1,250 | $1,855 |
| Red Deer 3 Bedroom Apartments | $1,874 | $1,655 | $2,000 |
| Red Deer 4 Bedroom Apartments | $1,810 | $1,810 | $1,810 |
Browse Top Apartments in Red Deer
See all Apartments in Red DeerExplore Red Deer
Red Deer, AB Local Guide
- Nearby Cities
Cheapest Available Red Deer Apartments for Rent
The cheapest available apartment rental in Red Deer, AB is a 1 Bed unit found at Mainstreet Gaetz Core Apartments priced from $950. Mainstreet Waskasoo Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here is today’s list of the most affordable Red Deer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mainstreet Gaetz Core Apartments | 1 Bedroom | 1BR, 1BA | $950 |
| Mainstreet Waskasoo Apartments | 1 Bedroom | 1BR, 1BA | $1,049 |
| Hillside | - Bachelor | Studio, 1BA | $1,049 |
| Waskasoo Terrace Apartments | 1 Bedroom | 1BR, 1BA | $1,099 |
| Mainstreet South Hill Apartments | 1 Bedroom | 1BR, 1BA | $1,149 |
Best Value Apartments for Rent in Red Deer, AB
As of September 20, 2026 the best value apartment in the Red Deer area is the $1.27 price per square foot - 3 Bedroom Model at Kitson Close Townhomes starting from $1,839. The second greatest value Red Deer apartment is the - 3 Bedroom Model at Revy Townhomes starting at $1,730 with a $1.30 price per square foot. Here is today’s list of the best values for Red Deer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kitson Close Townhomes | - 3 Bedroom | 3BR, 1.5BA | $1.27 |
| Revy Townhomes | - 3 Bedroom | 3BR, 1.5BA | $1.30 |
| Riverfront Estates | - 3 Bedroom | 3BR, 1.5BA | $1.38 |
| Kyte Crescent Townhomes | - 3 Bedroom | 3BR, 1.5BA | $1.46 |
| Saratoga Tower | 2 Bedroom | 2BR, 1BA | $1.35 |
| Westridge Estates | 3 Bedroom Townhouse Premium | 3BR, 1BA | $1.77 |
| Exeter Court | - 2 Bedroom | 2BR, 1BA | $1.65 |
| Hawkwood | - 2 Bedroom | 2BR, 1BA | $1.68 |
| Mainstreet Red Deer Apartments | 1-Bedroom | 1BR, 1BA | $1.75 |
| Mainstreet Waskasoo Apartments | 1 Bedroom | 1BR, 1BA | $1.75 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Red Deer, AB Rentals by Map
See the most popular apartments and homes in Red Deer, AB
Red Deer, AB Area Reviews
Do you know the Red Deer area?
Let everyone know!
Write a Review
BetyanyJo • 4+ years in Red Deer
March 26, 2025Red deer AB, was once the ideal place to raise your children. But now regrettably it is not. It has become somewhat more dangerous as the homeless are becoming more and more every day 2017 homelessness was an average of 60 to 80 adults now over 360. Beds in shelters only 200. So there are 160 left without a bed every night.Yet the city pays to have their homes taken which is a tent. I don't understand why they think that the homeless want to live out in the middle of -30°, -40°even sometimes -50° c that is not ideal for any human being. Yet they take everything that is detrimental to staying warm away from them saying they can use the shelters, no if they're out there no they can't there are no beds for them. And for those who judge, I dare you to go spend just 7 days Out in the wilderness. you got to find a place where they can't find you. make sure you have snacks, and water. you can eat at the soup kitchens. And tell no one where you are. No more advice given. You are on your own.
Frequently Asked Questions about Cheap Red Deer Apartments
How much is rent for a Cheap One Bedroom Red Deer Apartment?
The lowest price for a Cheap One Bedroom Red Deer Apartment is $950 at Mainstreet Gaetz Core Apartments.
What is the lowest price for a Cheap Two Bedroom Red Deer Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Red Deer is starting from $1,250 at Waskasoo Terrace Apartments.
What is the most affordable Red Deer Three Bedroom Apartment?
The best deal on a cheap Red Deer Three Bedroom Apartment rental is at Revy Townhomes and starts from $1,730.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.