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$9751 Bedroom Apartments Available Now
Mainstreet Gaetz Core
4920 47 StRed Deer, AB T4N 1R5
Cheap Apartments for Rent in Red Deer, AB from $900 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Red Deer.
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$1,049 - $1,3001 to 2 Bedroom Apartments Available Now
Mainstreet Waskasoo Apartments
4721 55 StRed Deer, AB T4N 2H9
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$1,049 - $1,860Studio to 4 Bedroom Apartments Available Now
Hillside
3920 50 AveRed Deer, AB T4N 3Z1
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Rent Specials
$1,135 - $1,715Studio to 2 Bedroom Apartments Contact Us For Availability
Timberstone Village
301 Timothy DrRed Deer, AB T4P 0P1
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$1,175 - $1,6501 to 3 Bedroom Apartments Available Now
Mainstreet Red Deer Apartments
5120-5140 62 StRed Deer, AB T4N 6R1
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Rent Specials
$1,215 - $1,985Studio to 2 Bedroom Apartments Available Now
Timber Pointe Apartments
70 Thomlison AvRed Deer, AB T4P 0W3
4940-4951 51 St
Red DeerABT4N 2A7
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$900 - $1,149Studio to 2 Bedroom Apartments
Mainstreet South Hill Apartments
5011 39 StRed Deer, AB T4N 0Z6
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$999 - $1,450Studio to 2 Bedroom Apartments
Bradford Place
104 Boyce StRed Deer, AB T4R 1L4
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$999 - $1,450Studio to 2 Bedroom Apartments
Bristol Place
86 Bell StRed Deer, AB T4R 1M8
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$1,075 - $1,395Studio to 2 Bedroom Apartments
Sandpiper - Premium Suites
5820 58A StRed Deer, AB T4N 2M7
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$1,145 - $1,2291 to 2 Bedroom Apartments
Waskasoo Terrace Apartments
4744 54 StRed Deer, AB T4N 2G3
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$1,199 - $1,5291 to 2 Bedroom Apartments
Canyon Pointe Apartments
3424 52 AveRed Deer, AB T4N 6N2
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$1,199 - $1,4391 to 2 Bedroom Apartments
Taylor Heights Apartments
6209 60 StRed Deer, AB T4N 6M7
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,230 - $1,3551 Bedroom Apartments
Lincoln House
4827 46 StRed Deer, AB T4N 1N1
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$1,240 - $1,3651 Bedroom Apartments
Pembroke House
4815 46 StRed Deer, AB T4N 1M9
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$1,274 - $1,4141 Bedroom Apartments
Pembroke House
4816 46 StRed Deer, AB T4N 1N1
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$1,280 - $1,4551 Bedroom Apartments
Valleyview Manor
3901 50A AveRed Deer, AB T4N 4E5
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$1,280 - $1,4051 Bedroom Apartments
Park Royal Manor
4514 48th AveRed Deer, AB T4N 3S7
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$1,285 - $1,985Studio to 3 Bedroom Apartments
Highwood Apartments
25 Howarth StRed Deer, AB T4N 6J6
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$1,295 - $1,675Studio to 2 Bedroom Apartments
2020 Apartments
31B Timberstone WayRed Deer, AB T4P 0V5
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-21, 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 | $1,153 | $1,049 | $1,215 |
| Red Deer 1 Bedroom Apartments | $1,441 | $975 | $1,771 |
| Red Deer 2 Bedroom Apartments | $1,636 | $1,250 | $1,985 |
| Red Deer 3 Bedroom Apartments | $1,852 | $1,650 | $1,980 |
| Red Deer 4 Bedroom Apartments | $1,810 | $1,810 | $1,810 |
Browse Top Apartments in Red Deer
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Red Deer, AB Local Guide
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Cheapest Available Red Deer Apartments for Rent
The cheapest available apartment rental in Red Deer, AB is a Studio unit found at Mainstreet South Hill Apartments priced from $900. Mainstreet Gaetz Core has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Red Deer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mainstreet South Hill Apartments | Bachelors | Studio,1BA | $900 |
| Mainstreet Gaetz Core | 1 Bedroom | 1BR,1BA | $975 |
| Mainstreet Waskasoo Apartments | 1 Bedroom | 1BR,1BA | $1,049 |
| Waskasoo Terrace Apartments | 1 Bedroom | 1BR,1BA | $1,145 |
| Mainstreet Red Deer Apartments | 1-Bedroom | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Red Deer, AB
As of June 15, 2026 the best value apartment in the Red Deer area is the $1.26 price per square foot - 3 Bedroom Model at Kitson Close Townhomes in the starting from $1,829. 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 | $1.26 |
| Revy Townhomes | - 3 Bedroom | 3BR,1.5BA | $1.30 |
| Southwood Park | Elite 3 Bedroom | 3BR,1.5BA | $1.73 |
| Liberty Park Apartments | - 2 Bedroom | 2BR,2BA | $1.75 |
| Highwood Apartments | - 2 Bedroom | 2BR,1BA | $1.64 |
| Hawkwood | - 2 Bedroom | 2BR,1BA | $1.68 |
| Mainstreet Red Deer Apartments | 1-Bedroom | 1BR,1BA | $1.65 |
| Lincoln House | - 1 Bedroom | 1BR,1BA | $1.76 |
| Pembroke House | - 1 Bedroom | 1BR,1BA | $1.77 |
| 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.
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Real 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.
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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!
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See the most popular apartments and homes in Red Deer, AB
Red Deer, AB Area Reviews
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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 $975 at Mainstreet Gaetz Core.
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 $1,229 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 Southwood Park and starts from $1,725.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.