Cheap Apartments for Rent in Red Deer County, AB from $1,000 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Red Deer County.

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Highwood Apartments
$1,225 - $1,800Studio to 3 Bedroom Apartments

Highwood Apartments

25 Howarth StRed Deer, AB T4N 6J6
  • Utilities Included
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Saratoga Tower
$1,399 - $1,4491 to 3 Bedroom Apartments

Saratoga Tower

10 Stanton StRed Deer, AB T4N 5S6

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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Park Royal Manor
$1,324 - $1,4391 Bedroom Apartments

Park Royal Manor

4514 48th AveRed Deer, AB T4N 3S7
  • Utilities Included
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Cloverhill Terrace
$1,499 - $1,629Studio to 2 Bedroom Apartments

Cloverhill Terrace

5925 63 StRed Deer, AB T4N 6K7
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Watson Tower
$1,5091 to 2 Bedroom Apartments

Watson Tower

5207 39 StRed Deer, AB T4N 0Z9
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Southwood Park
$1,530 - $1,9102 to 3 Bedroom Apartments

Southwood Park

3110 47 AveRed Deer, AB T4N 3P2
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Westridge Estates
$1,699 - $1,8692 to 3 Bedroom Apartments

Westridge Estates

3535 55 AveRed Deer, AB T4N 0W4
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Victoria Park
Studio to 2 Bedroom Apartments

Victoria Park

9 Avery StRed Deer, AB T4R 2S8
Senior Living
  • Smoke Free
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2020 Apartments
$1,135 - $1,675Studio to 2 Bedroom Apartments

2020 Apartments

31B Timberstone WayRed Deer, AB T4P 0V5

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Bristol Place
Studio to 2 Bedroom Apartments

Bristol Place

86 Bell StRed Deer, AB T4R 1M8
  • Smoke Free
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44 Reid Crt
2 Bedroom Apartments

44 Reid Crt

44 Reid CrtSylvan Lake, AB T4S 0L9
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5016 47 St
2 Bedroom Apartments

5016 47 St

5016 47 StInnisfail, AB T4G 1M3
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4711 46 Av
2 Bedroom Apartments

4711 46 Av

4711 46 AvInnisfail, AB T4G 1W3
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45 Reid Crt
2 Bedroom Apartments

45 Reid Crt

45 Reid CrtSylvan Lake, AB T4S 0L9
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4801 Parkwood Rd
2 Bedroom Apartments

4801 Parkwood Rd

4801 Parkwood RdBlackfalds, AB T0M 0J0
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5614 55th St
1 to 2 Bedroom Apartments

5614 55th St

5614 55th StRed Deer, AB T4N 2J6

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.

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4603 47 Av
2 Bedroom Apartments

4603 47 Av

4603 47 AvInnisfail, AB T4G 1N9
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4901 Parkwood Rd
2 Bedroom Apartments

4901 Parkwood Rd

4901 Parkwood RdBlackfalds, AB T4M 0P2
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42 Timberstone Way
1 to 2 Bedroom Apartments

42 Timberstone Way

42 Timberstone WayRed Deer, AB T4P 2M9
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Westbrook Manor
Studio to 2 Bedroom Apartments

Westbrook Manor

3610 52 AveRed Deer, AB T4N 4J5
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5121 37 St
Studio to 2 Bedroom Apartments

5121 37 St

5121 37 StRed Deer, AB T4N 0V9
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The Suites
Studio to 1 Bedroom Apartments

The Suites

439 Memorial PkyRed Deer, AB T4E 1Z8
  • Smoke Free
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4403-4405 46 Ave
2 to 3 Bedroom Apartments

4403-4405 46 Ave

4403-4405 46 AveSylvan Lake, AB T4S 1W7
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4932 56 St
2 Bedroom Apartments

4932 56 St

4932 56 StInnisfail, AB T4G 1B7

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.

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Barrett Kiwanis Place
1 Bedroom Apartments

Barrett Kiwanis Place

4809 34 StRed Deer, AB T4N 0P2
Senior Living
  • Smoke Free

Red Deer County, AB Local Guide

Cheapest Available Red Deer County Apartments for Rent and Nearby

 

The cheapest available apartment rental in Red Deer County, AB is a Studio unit found at Hillside priced from $1,025. Highwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here is today’s list of the most affordable Red Deer County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillside- BachelorStudio,1BA$1,025
Highwood Apartments- 1 Bedroom1BR,1BA$1,295
Park Royal Manor- 1 Bedroom1BR,1BA$1,324
Saratoga Tower2 Bedroom2BR,1BA$1,449
Vanier Woods- 1 Bedroom1BR,1BA$1,509
Canyon Pointe Apartments2 Bedroom Premium2BR,1BA$1,529
2020 ApartmentsLayout D - 2B2B2BR,2BA$1,645
Revy Townhomes- 3 Bedroom3BR,1BA$1,660
Southwood ParkElite 2 Bedroom2BR,1BA$1,760

Best Value Apartments for Rent in Red Deer County, AB and Nearby

As of March 14, 2026 the best value apartment in the Red Deer County area is the $1.24 price per square foot - 3 Bedroom Model at Revy Townhomes in the starting from $1,660. The second greatest value Red Deer County apartment is the 2 Bedroom Model at Saratoga Tower starting at $1,449 with a $1.31 price per square foot . Here is today’s list of the best values for Red Deer County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Revy Townhomes- 3 Bedroom3BR,1.5BA$1.24
Saratoga Tower2 Bedroom2BR,1BA$1.31
Southwood ParkElite 2 Bedroom2BR,1.5BA$1.83
2020 ApartmentsLayout D - 2B2B2BR,2BA$2.02
Canyon Pointe Apartments2 Bedroom Premium2BR,1BA$1.99
Park Royal Manor- 1 Bedroom1BR,1BA$1.89
Highwood Apartments- 1 Bedroom1BR,1BA$1.90
Vanier Woods- 1 Bedroom1BR,1BA$2.45
Hillside- BachelorStudio ,1BA$2.56

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Red Deer County Apartments

How much is rent for a Cheap One Bedroom Red Deer County Apartment?

The lowest price for a Cheap One Bedroom Red Deer County Apartment is $1,200 at Hillside.

What is the lowest price for a Cheap Two Bedroom Red Deer County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Red Deer County is starting from $1,225 at Hillside.

What is the most affordable Red Deer County Three Bedroom Apartment?

The best deal on a cheap Red Deer County Three Bedroom Apartment rental is at Revy Townhomes and starts from $1,660.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.