Cheap Apartments for Rent in Red Deer County, AB from $950 (38 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
$1,295 - $1,995Studio to 3 Bedroom Apartments

Highwood Apartments

25 Howarth StRed Deer, AB T4N 6J6
  • Utilities Included
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Saratoga Tower
$1,449 - $2,2891 to 3 Bedroom Apartments

Saratoga Tower

10 Stanton StRed Deer, AB T4N 5S6

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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Cloverhill Terrace
$1,159 - $1,659Studio to 2 Bedroom Apartments

Cloverhill Terrace

5925 63 StRed Deer, AB T4N 6K7
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Park Royal Manor
$1,290 - $1,4151 Bedroom Apartments

Park Royal Manor

4514 48th AveRed Deer, AB T4N 3S7
  • Utilities Included
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Watson Tower
$1,369 - $1,6091 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
$1,649 - $1,9692 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
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Bristol Place
$1,325 - $1,450Studio to 2 Bedroom Apartments

Bristol Place

86 Bell StRed Deer, AB T4R 1M8
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2020 Apartments
$1,355 - $1,675Studio to 2 Bedroom Apartments

2020 Apartments

31B Timberstone WayRed Deer, AB T4P 0V5
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5016 47 St
2 Bedroom Apartments

5016 47 St

5016 47 StInnisfail, AB T4G 1M3
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44 Reid Crt
2 Bedroom Apartments

44 Reid Crt

44 Reid CrtSylvan Lake, AB T4S 0L9
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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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4711 46 Av
2 Bedroom Apartments

4711 46 Av

4711 46 AvInnisfail, AB T4G 1W3

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.

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5614 55th St
1 to 2 Bedroom Apartments

5614 55th St

5614 55th StRed Deer, AB T4N 2J6
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4603 47 Av
2 Bedroom Apartments

4603 47 Av

4603 47 AvInnisfail, AB T4G 1N9
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5820 61 St
1 Bedroom Apartments

5820 61 St

5820 61 StRed Deer, AB T4N 6H4
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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
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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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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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4932 56 St
2 Bedroom Apartments

4932 56 St

4932 56 StInnisfail, AB T4G 1B7
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Barrett Kiwanis Place
1 Bedroom Apartments

Barrett Kiwanis Place

4809 34 StRed Deer, AB T4N 0P2
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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 1 Bed unit found at Mainstreet Gaetz Core Apartments priced from $950. Hillside has the second lowest priced unit, which is a Studio apartment currently listed from $1,049. Here is today’s list of the most affordable Red Deer County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mainstreet Gaetz Core Apartments1 Bedroom1BR, 1BA$950
Hillside- BachelorStudio, 1BA$1,049
Sandpiper - Premium Suites1 Bedroom1BR, 1BA$1,295
Highwood Apartments- 1 Bedroom1BR, 1BA$1,330
Cloverhill Terrace1 Bedroom1BR, 1BA$1,469
Saratoga Tower2 Bedroom2BR, 1BA$1,499
Vanier Woods- 1 Bedroom1BR, 1BA$1,565
Liberty Park Apartments- 1 Bedroom1BR, 1BA$1,644
Revy Townhomes- 3 Bedroom3BR, 1BA$1,730
Kitson Close Townhomes- 3 Bedroom3BR, 1BA$1,839

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

As of September 20, 2026 the best value apartment in the Red Deer County 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 County 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 County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Kitson Close Townhomes- 3 Bedroom3BR, 1.5BA$1.27
Revy Townhomes- 3 Bedroom3BR, 1.5BA$1.30
Saratoga Tower2 Bedroom2BR, 1BA$1.35
Westridge Estates3 Bedroom Townhouse Premium3BR, 1BA$1.77
Sandpiper - Premium Suites2 Bedrooms, 1 Bathroom2BR, 1BA$2.00
Highwood Apartments- 1 Bedroom1BR, 1BA$1.96
Cloverhill Terrace1 Bedroom1BR, 1BA$2.21
Liberty Park Apartments- 1 Bedroom1BR, 1BA$2.52
Vanier Woods- 1 Bedroom1BR, 1BA$2.54
Mainstreet Gaetz Core Apartments1 Bedroom1BR, 1BA$1.90

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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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.

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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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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 $950 at Mainstreet Gaetz Core Apartments.

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 $1,362 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 $1,730.

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

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Rent According to Income: A Look at Income-Restricted Rentals

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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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.