Rent Trends for Apartments in Downtown Red Deer
August 2026
| Bedroom count | Downtown Red Deer | vs Last Month |
|---|---|---|
| Studio | $1,300 |  up 4.17% |
| 1 Bedroom | $1,340 | up 12.13% |
| 2 Bedroom | $1,429 | up 10.35% |
| 3 Bedroom | $1,784 | No change |
Median rent as of August 30, 2026
This August, we've analyzed our 14 listings in Downtown Red Deer to determine the rent trend. We're updating our tables in real time to give you the most up to date Downtown Red Deer median apartment rent prices by bedroom count.
The median rent for a studio apartment remained the same at $1,300, while the median rent for a 1 bedroom apartment increased by 1.13% to $1,340.
Neighborhoods Near Downtown Red Deer
Find Your Dream Apartment for Rent in Downtown Red Deer
PadMapper has 14 condos, houses, and apartments for rent in Downtown Red Deer.
We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.
Rent
Length
Bedrooms
20 Results
$1,655–$1,905
3 Bedrooms Apartment · Downtown Red Deer, Red Deer
$1,429–$1,604
2 Bedrooms Apartment · Downtown Red Deer, Red Deer
$1,430
1 Bedroom Apartment · Downtown Red Deer, Red Deer
$1,365
1 Bedroom Apartment · Downtown Red Deer, Red Deer
$1,355
1 Bedroom Apartment · Downtown Red Deer, Red Deer
$1,049–$1,249
1–2 Bedrooms Apartments · Downtown Red Deer, Red Deer
$1,325–$1,450
1–2 Bedrooms Apartments · Downtown Red Deer, Red Deer
$1,100
1 Bedroom Apartment · Downtown Red Deer, Red Deer
$1,524
2 Bedrooms Apartment · Downtown Red Deer, Red Deer
$1,595
Studio · 1 Bathroom Apartment · Downtown Red Deer, Red Deer
5+ Days Ago
$1,075
1 Bedroom Apartment · Downtown Red Deer, Red Deer
$1,174–$1,545
Studio–2 Bedrooms Apartments · South Hill, Red Deer
$1,795
3 Bedrooms · 2 Bathrooms Apartment · Riverside Meadows, Red Deer
5+ Days Ago
$1,750
3 Bedrooms · 1 Bathroom Apartment · Riverside Meadows, Red Deer
5+ Days Ago
$1,195
2 Bedrooms · 1 Bathroom Apartment · West Park, Red Deer
5+ Days Ago
$1,250
2 Bedrooms · 1 Bathroom Apartment · Riverside Meadows, Red Deer
5+ Days Ago
$1,245
2 Bedrooms · 1 Bathroom Apartment · Eastview, Red Deer
5+ Days Ago
$1,740–$1,890
3 Bedrooms Apartment · Riverside Meadows, Red Deer
$1,455–$1,584
1–2 Bedrooms Apartments · Highland Green, Red Deer
That's All Folks!
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