Best Deals for Rent in Red Deer, AB
4 Rentals Found
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4920 47 Street
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4721 55 Street
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2 Units Available
$1,175–$1,375/month
1 Bed – 2 Bed 5120 & 5130 & 5140 62 Street
Red Deer, AB · Mainstreet Red Deer Apartments
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About Red Deer, AB
Red Deer, located in central Alberta, serves as an important hub situated almost equidistant from both Edmonton and Calgary. The city boasts a diverse economy, with strengths in sectors such as oil and gas, agriculture, manufacturing, and various service industries. For outdoor enthusiasts, Red Deer offers extensive recreational options, prominently featured through the extensive trails and natural spaces of the Waskasoo Park system. Cultural pursuits can be enjoyed at various venues around the city, including museums and art galleries, and through programs offered by Red Deer College. The city’s community spirit shines during numerous local events, with the Westerner Days Fair & Exposition being one of the most anticipated annual celebrations. Home to approximately 100,000 residents, Red Deer emerges as a significant urban center in Alberta, promoting engagement in education, sports, and the arts, made readily accessible due to its strategic positioning along major transportation routes.
Renting in Red Deer, AB
Finding the best deals on rentals in Red Deer requires research, communication with landlords & property managers, securing references, and signing a lease. All this can add up to a lengthy endeavour if you’re not familiar with how to find an apartment in Red Deer. To help you get started, here is a guide with tips for renting in Red Deer.
Average Rent in Red Deer, AB
What is the average rent in Red Deer for the best deals on rentals?
The average rent in Red Deer, AB for the best deals on rentals will vary on a month-to-month basis. For the latest stats on average rent in Red Deer, check out our monthly Alberta rent reports.
Finding the best deals on rentals in Red Deer, AB
Finding affordable rentals in Red Deer is easier compared to other major cities like Vancouver and Toronto, especially if you’re looking for rentals under $1000. Along with effective negotiation skills, you may be able to lower the rent price further. For helpful tips on negotiating rent, refer to our guide on how to negotiate rent.
Red Deer offers a diverse range of neighborhoods and municipalities to choose from when searching for rentals. Depending on your preferences, you can explore various rental types, such as 1 bedroom apartments, 2 bedroom apartments, 3 bedroom apartments, andstudio apartments. Whether you’re seeking furnished rentals or unfurnished rentals, or even consideringlong term or short term rentals, Red Deer has a variety of choices to suit your needs.
Red Deer Rental Types
There are many rental property types you can choose from in Red Deer.
Apartments for rent Red Deer
Apartments for rent are the most abundant rental type in Red Deer, especially in the downtown area and around Red Deer College. These are suitable for students, single professionals, and young couples. Monthly rents can vary significantly based on unit size and condition.
Houses for rent Red Deer
Full houses for rent can be found in virtually all residential neighborhoods across Red Deer, such as Anders Park, Sunnybrook, or Mountview. Typically, they are more suitable for larger families or groups who are willing to share. Both partial houses and entire houses for rent are common, with a mix of older and newer homes depending on which part of the city you’re looking in.
Townhouses for rent Red Deer
Townhouses are another popular form of housing in Red Deer that combine the best qualities of both apartments and whole houses. Typically less expensive than houses, townhouses for rent offer an attractive combination of freedom and space, generally coming with your own private yard and entrance.
Basements for rent Red Deer
A popular alternative for students, first-time renters and anyone else seeking relatively inexpensive rental housing are basements for rent in Red Deer. Since rent prices for apartments and houses can often get too expensive, many renters seek out basements for rent in Red Deer as a cheaper alternative. Homeowners often rent out their basements as a way to offset their mortgage payments. This makes it easy for renters to find relatively inexpensive basements for rent in all areas of the city.
Condos for rent Red Deer
Condos for rent in Red Deer are scattered throughout the city, with a concentration in upscale neighborhoods or newer developments. These types of rental accommodation are ideal for professionals and small families seeking modern amenities. If you are looking to rent in the city centre though, be prepared for higher monthly rent prices.
Rooms for rent Red Deer
Sharing a house or apartment is practically essential for those looking for cheap rent. Rooms for rent in Red Deer are a great way to experience the best of the city on a budget, and can offer you the opportunity to live in neighbourhoods that would otherwise be unaffordable.
Special Red Deer Rental Types
In addition to choosing your property type, there are also specific rental types you can look into.
Pet friendly rentals in Red Deer
Though not every landlord is keen on allowing pets, there are a good number of pet-friendly rentals in Red Deer for those with furry friends. Both dog-friendly and cat-friendly rental units are available, as well as properties where both are allowed. Keep in mind that some Red Deer neighbourhoods are better suited to those with pets, and adjust your search accordingly.
Furnished rentals in Red Deer
If you’re new to town or just haven’t had a chance to pick up furniture of your own yet, not to worry – there are plenty of furnished rentals available in Red Deer. Renters seeking furnished units should search for these units using filters, but do be prepared to pay more in rent. There are pros and cons to renting furnished units compared to unfurnished units, so deciding whether it’s worth it to buy furniture when moving is a good first step.
Short term rentals in Red Deer
Red Deer, while not Canada’s largest city, holds a strategic position in Alberta and presents various employment possibilities, primarily driven by the oil and gas, agriculture, manufacturing, and service sectors. Though it may not be home to world-class academic institutions, it does host solid educational facilities, including Red Deer College, which attracts a number of students and educators. This dynamic creates a demand for short-term rentals, especially evident during key academic enrollment periods and the summer months when seasonal workers often migrate to the city. The added flexibility is a key factor for renters indeciding whether or not short-term rentals are suitable.
Cheap rentals in Red Deer
Compared to other Canadian cities, rent prices in Red Deer are relatively cheaper. As a result, it shouldn’t be too hard to find something within your budget. If you’re looking for cheap rentals in Red Deer, AB, try finding a roommate or two and exploring shared housing; or search for rooms for rent. It’s worth noting that there are neighbourhoods in Red Deer where rent is considerably cheaper, so exploring these options is a good idea as well.
Red Deer Amenities
When you’re searching for the best deals on rentals in Red Deer, make sure to look at what amenities are offered. For instance, check to see if the rental includes utilities like air conditioning, cable and internet or features such as a dishwasher, parking, balcony and fridge.
Tip: When looking at listings on liv.rent, scroll down to the "Amenities" section to see what utilities and features are included with the rental.
Living in Red Deer, AB
Red Deer, Alberta, offers a balanced blend of urban amenities and the tranquility of a medium-sized city, making it an appealing place for families, singles, and retirees alike. The city provides a variety of affordable housing options, catering to students, working professionals, and families. Residents and visitors alike cherish the city’s expansive park system, including the notable Waskasoo Park, which offers numerous recreational activities from hiking and biking in the summer to cross-country skiing in the winter. Red Deer takes pride in its vibrant cultural scene, underlined by various festivals, performing arts, and the notable Alberta Sports Hall of Fame. The city’s strategic location between Edmonton and Calgary, combined with its burgeoning local economy — underscored by sectors like oil and gas, manufacturing, and agriculture — marks it as a dynamic hub within central Alberta.
Popular Neighbourhoods in Red Deer
Like any city, Red Deer is made up of smaller neighbourhoods with their own distinct features. Some of the most popular neighbourhoods include Downtown Red Deer, Riverside Meadows, West Park, Normandeau, Sunnybrook, Inglewood, Johnstone Park, Eastview Estates, Deer Park, and Kentwood. For more info, you can refer to our blog on Alberta neighbourhoods.
Popular Cities Near Red Deer
Popular Universities Near Red Deer
Local Landmarks in Red Deer
Red Deer, Alberta, is sprinkled with landmarks that capture its cultural heritage and love for the outdoors. A standout is the Waskasoo Park system, offering an extensive network of trails and green spaces, and including sites like the Kerry Wood Nature Centre and the historic Fort Normandeau, depicting the city’s rich past. The Alberta Sports Hall of Fame and Museum pays tribute to the province’s sporting legends, offering interactive exhibits and a celebration of athletic achievements. The Cronquist House, a beautifully preserved Victorian-style farmhouse, sits as a cultural beacon in Bower Ponds Recreation Area, hosting various community events and festivities. Moreover, the Red Deer Mountain Bike Park showcases the city’s commitment to outdoor sports and recreation, providing a haven for adventure enthusiasts amidst the urban setting.
The Best Deals on Rentals Red Deer
Search for condos, townhouses, rooms, and houses for rent in Red Deer, AB on liv.rent. Finding the best deals on rentals near you has never been easier. Filter your search by price range (great for finding cheap apartments for rent), unfurnished or furnished apartments for rent, pet-friendly rentals, availability, and housing type. Options range from studio apartments and suites for rent to 1 or 2 bedroom apartment and 3+ bedrooms for rent.
Our Red Deer rental listings are updated in real-time and are current as of Jun 27, 2026.
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