
Cheap Apartments for Rent in Red Deer County, AB from $900 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Red Deer County.


Vanier Woods

2020 Apartments

Revy Townhomes

Hillside

Taylor Heights Apartments

Canyon Pointe Apartments

Highwood Apartments

Saratoga Tower
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.

Halman Heights Townhomes

Kitson Close Townhomes

Park Royal Manor

Inglewood Terrace Apartments

Watson Tower

Cloverhill Terrace

Southwood Park

Westridge Estates

Victoria Park
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.

Bristol Place

2020 Apartments

5016 47 St

44 Reid Crt

45 Reid Crt

4711 46 Av

4801 Parkwood Rd

Sandpiper - Premium Suites

New Harbourview Apartments
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.

4603 47 Av

Potters Hands Housing

5614 55th St

4901 Parkwood Rd

42 Timberstone Way

Westbrook Manor

5121 37 St

The Suites

4403-4405 46 Ave
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.

4932 56 St

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 | $1,123 | $1,049 | $1,174 |
| Red Deer County 1 Bedroom Apartments | $1,455 | $975 | $1,771 |
| Red Deer County 2 Bedroom Apartments | $1,668 | $1,345 | $1,755 |
| Red Deer County 3 Bedroom Apartments | $1,871 | $1,730 | $1,980 |
| Red Deer County 4 Bedroom Apartments | $1,810 | $1,810 | $1,810 |
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 1 Bed unit found at Mainstreet Gaetz Core priced from $975. Hillside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here is today’s list of the most affordable Red Deer County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mainstreet Gaetz Core | 1 Bedroom | 1BR,1BA | $975 |
| Hillside | - 1 Bedroom | 1BR,1BA | $1,235 |
| Park Royal Manor | - 1 Bedroom | 1BR,1BA | $1,280 |
| Inglewood Terrace Apartments | 1 Bedroom | 1BR,1BA | $1,319 |
| Highwood Apartments | - 2 Bedroom | 2BR,1BA | $1,449 |
| Vanier Woods | - 1 Bedroom | 1BR,1BA | $1,480 |
| Cloverhill Terrace | 2 Bedroom Premium | 2BR,1BA | $1,599 |
| Liberty Park Apartments | - 2 Bedroom | 2BR,2BA | $1,608 |
| Southwood Park | Classic 3 Bedroom | 3BR,1BA | $1,725 |
| Revy Townhomes | - 3 Bedroom | 3BR,1BA | $1,730 |
Best Value Apartments for Rent in Red Deer County, AB and Nearby
As of June 15, 2026 the best value apartment in the Red Deer County 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 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 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 |
| Cloverhill Terrace | 2 Bedroom Premium | 2BR,1BA | $1.83 |
| Park Royal Manor | - 1 Bedroom | 1BR,1BA | $1.83 |
| Hillside | - 1 Bedroom | 1BR,1BA | $2.13 |
| Inglewood Terrace Apartments | 1 Bedroom | 1BR,1BA | $2.36 |
| Mainstreet Gaetz Core | 1 Bedroom | 1BR,1BA | $1.95 |
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 ArticleReal 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.
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 $975 at Mainstreet Gaetz Core.
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 $1,345 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 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.