
Cheap Apartments for Rent in Red Deer, AB from C$900 (86 Rentals)
Search the lowest-cost Apartments available for rent right now in Red Deer.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Navigating the Rental Market: Tips for First-Time Renters
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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 1 Bedroom Apartments | C$1,539 | C$1,489 | C$1,589 |
Red Deer 2 Bedroom Apartments | C$1,609 | C$1,495 | C$1,749 |
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Red Deer, AB Local Guide
- Nearby Cities
Cheapest Available Red Deer Apartments for Rent and Nearby
 The cheapest available apartment rental in Red Deer, AB is a Studio unit found at Hillside priced from C$1,025. Mainstreet Red Deer Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,250. Here is today’s list of the most affordable Red Deer apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hillside | Classic Suite - Bachelor | Studio,1BA | C$1,025 |
Mainstreet Red Deer Apartments | 1-Bedroom | 1BR,1BA | C$1,250 |
Sandpiper - Premium Suites | 1 Bedroom, 1 Bathroom | 1BR,1BA | C$1,299 |
Valleyview Manor | Classic Suite - 1 Bedroom | 1BR,1BA | C$1,319 |
Lincoln House | Renovated Suite - 1 Bedroom | 1BR,1BA | C$1,355 |
Highwood Apartments | Renovated Suite - 1 Bedroom | 1BR,1BA | C$1,370 |
Parke Avenue Square | 1 Bedroom | 1BR,1BA | C$1,399 |
Hawkwood | Renovated Suite - 2 Bedroom | 2BR,1BA | C$1,439 |
Timber Pointe Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | C$1,455 |
Vanier Woods | Premier Suite - 1 Bedroom | 1BR,1BA | C$1,489 |
Best Value Apartments for Rent in Red Deer, AB and Nearby
As of June 08, 2025 the best value apartment in the Red Deer area is the C$1.34 price per square foot Renovated Suite - 3 Bedroom Model at Kitson Close Townhomes in the starting from C$1,940. The second greatest value Red Deer apartment is the Renovated Suite - 3 Bedroom Model at Revy Townhomes starting at C$1,799 with a C$1.35 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 | Renovated Suite - 3 Bedroom | 3BR,1.5BA | C$1.34 |
Revy Townhomes | Renovated Suite - 3 Bedroom | 3BR,1.5BA | C$1.35 |
Kyte Crescent Townhomes | Classic Suite - 3 Bedroom | 3BR,1.5BA | C$1.44 |
Riverfront Estates | Classic Suite - 3 Bedroom | 3BR,1.5BA | C$1.36 |
Halman Heights Townhomes | Renovated Suite - 3 Bedroom | 3BR,1.5BA | C$1.52 |
Southwood Park | Elite 2 Bedroom | 2BR,1.5BA | C$1.73 |
Hawkwood | Renovated Suite - 2 Bedroom | 2BR,1BA | C$1.69 |
Exeter Court | Renovated Suite - 2 Bedroom | 2BR,1BA | C$1.81 |
Parke Avenue Square | 1 Bedroom | 1BR,1BA | C$1.76 |
Mainstreet Red Deer Apartments | 1-Bedroom | 1BR,1BA | C$1.75 |
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Red Deer, AB Area Reviews
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.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.