Cheap Apartments for Rent in Red Deer, AB from C$900 (88 Rentals)
Search the lowest-cost Apartments available for rent right now in Red Deer.
Red Deer, AB Local Guide
Browse Top Apartments in Red Deer
See all Apartments in Red DeerExplore Red Deer
Red Deer, AB Local Guide
- Nearby Cities
Cheapest Available Red Deer Apartments for Rent and Nearby
 The cheapest available apartment rental in Red Deer, AB is a 1 Bed unit found at Hillside priced from C$1,150. Pembroke House has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,215. Here is today’s list of the most affordable Red Deer apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hillside | Classic Suite - 1 Bedroom | 1BR,1BA | C$1,150 |
Pembroke House | Classic Suite - 1 Bedroom | 1BR,1BA | C$1,215 |
Pembroke House | Classic Suite - 1 Bedroom | 1BR,1BA | C$1,215 |
Lincoln House | Renovated Suite - 1 Bedroom | 1BR,1BA | C$1,325 |
Sprucevale | Renovated Suite - 1 Bedroom | 1BR,1BA | C$1,325 |
Hawkwood | Renovated Suite - 2 Bedroom | 2BR,1BA | C$1,424 |
Timber Pointe Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | C$1,445 |
Highwood Apartments | Renovated Suite - 2 Bedroom | 2BR,1BA | C$1,500 |
Lonsdale Court | 2B1B (Layout E) | 2BR,1BA | C$1,535 |
Vanier Woods | Premier Suite - 1 Bedroom | 1BR,1BA | C$1,549 |
Best Value Apartments for Rent in Red Deer, AB and Nearby
As of February 23, 2025 the best value apartment in the Red Deer area is the C$1.30 price per square foot Renovated Suite - 3 Bedroom Model at Revy Townhomes in the starting from C$1,729. The second greatest value Red Deer apartment is the 2B1B (Layout E) Model at Lonsdale Court starting at C$1,535 with a C$1.72 price per square foot . Here is today’s list of the best values for Red Deer apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Revy Townhomes | Renovated Suite - 3 Bedroom | 3BR,1.5BA | C$1.30 |
Lonsdale Court | 2B1B (Layout E) | 2BR,1BA | C$1.72 |
Highwood Apartments | Renovated Suite - 2 Bedroom | 2BR,1BA | C$1.69 |
Hawkwood | Renovated Suite - 2 Bedroom | 2BR,1BA | C$1.68 |
2020 Apartments | Layout D - 2B2B | 2BR,2BA | C$1.99 |
Pembroke House | Renovated Suite - 1 Bedroom | 1BR,1BA | C$1.88 |
Sprucevale | Renovated Suite - 1 Bedroom | 1BR,1BA | C$1.89 |
Pembroke House | Renovated Suite - 1 Bedroom | 1BR,1BA | C$1.88 |
Lincoln House | Renovated Suite - 1 Bedroom | 1BR,1BA | C$1.89 |
Hillside | Renovated Suite - 1 Bedroom | 1BR,1BA | C$2.20 |
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.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.