
Cheap Apartments for Rent in Red Deer County, AB from $1,000 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Red Deer County.


2020 Apartments

Revy Townhomes

Hillside

Highwood Apartments

Taylor Heights Apartments

Canyon Pointe Apartments

Saratoga Tower

Halman Heights Townhomes
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.

Kitson Close Townhomes

Inglewood Terrace Apartments

Park Royal Manor

Cloverhill Terrace

Watson Tower

Southwood Park

Westridge Estates

Victoria Park

2020 Apartments
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.

Bristol Place

44 Reid Crt

5016 47 St

4711 46 Av

45 Reid Crt

4801 Parkwood Rd

Sandpiper - Premium Suites

New Harbourview Apartments

5614 55th St
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.

4603 47 Av

Potters Hands Housing

4901 Parkwood Rd

42 Timberstone Way

Westbrook Manor

5121 37 St

The Suites

4403-4405 46 Ave

4932 56 St
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.

Barrett Kiwanis Place
Red Deer County, AB Local Guide
How much does it cost to rent an apartment in Red Deer County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Red Deer County Studio Apartments | $1,098 | $1,025 | $1,135 |
| Red Deer County 1 Bedroom Apartments | $1,474 | $1,325 | $1,619 |
| Red Deer County 2 Bedroom Apartments | $1,673 | $1,350 | $1,779 |
| Red Deer County 3 Bedroom Apartments | $1,774 | $1,675 | $1,814 |
| Red Deer County 4 Bedroom Apartments | $1,775 | $1,775 | $1,775 |
Browse Top Apartments in Red Deer County
See all Apartments in Red Deer CountyExplore Red Deer County
Red Deer County, AB Local Guide
- Nearby Cities
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside | - Bachelor | Studio,1BA | $1,025 |
| Highwood Apartments | - 1 Bedroom | 1BR,1BA | $1,295 |
| Park Royal Manor | - 1 Bedroom | 1BR,1BA | $1,324 |
| Saratoga Tower | 2 Bedroom | 2BR,1BA | $1,449 |
| Vanier Woods | - 1 Bedroom | 1BR,1BA | $1,509 |
| Canyon Pointe Apartments | 2 Bedroom Premium | 2BR,1BA | $1,529 |
| 2020 Apartments | Layout D - 2B2B | 2BR,2BA | $1,645 |
| Revy Townhomes | - 3 Bedroom | 3BR,1BA | $1,660 |
| Southwood Park | Elite 2 Bedroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Revy Townhomes | - 3 Bedroom | 3BR,1.5BA | $1.24 |
| Saratoga Tower | 2 Bedroom | 2BR,1BA | $1.31 |
| Southwood Park | Elite 2 Bedroom | 2BR,1.5BA | $1.83 |
| 2020 Apartments | Layout D - 2B2B | 2BR,2BA | $2.02 |
| Canyon Pointe Apartments | 2 Bedroom Premium | 2BR,1BA | $1.99 |
| Park Royal Manor | - 1 Bedroom | 1BR,1BA | $1.89 |
| Highwood Apartments | - 1 Bedroom | 1BR,1BA | $1.90 |
| Vanier Woods | - 1 Bedroom | 1BR,1BA | $2.45 |
| Hillside | - Bachelor | Studio ,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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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 County, AB Rentals by Map
See the most popular apartments and homes in Red Deer County, AB
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

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.

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.

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.

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.