Red Deer, AB rental market
Last updated August 8, 2025
Rental market summary
The average rent for all bedrooms and all property types in Red Deer, AB is $1,409.
$1,409
-$50
-$176
48
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $900 to $2,695.
| Rent price | Number of rental properties |
|---|---|
| $800 | 3 |
| $900 | 4 |
| $1,000 | 2 |
| $1,100 | 3 |
| $1,200 | 5 |
| $1,300 | 8 |
| $1,400 | 12 |
| $1,500 | 3 |
| $1,600 | 3 |
| $1,700 | 5 |
| $1,800 | 4 |
| $1,900 | 1 |
| $2,600+ | 1 |
Average rent price over time
In the last year, rent has decreased by $176 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,567 | $1,425 |
| Feb | $1,396 | $1,489 |
| Mar | $1,496 | $1,424 |
| Apr | $1,492 | $1,424 |
| May | $1,396 | $1,545 |
| Jun | $1,595 | $1,503 |
| Jul | $1,600 | $1,459 |
| Aug | $1,595 | $1,402 |
| Sep | $1,510 | No data |
| Oct | $1,510 | No data |
| Nov | $1,500 | No data |
| Dec | $1,450 | No data |
Market temperature
The Red Deer, AB rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Red Deer, AB is 33% lower than the national average.
$1,409
$2,100
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Frequently asked questions
1. What is the average rent in Red Deer, AB?
The average rent in Red Deer, AB is $1,409.
2. How much does it cost to rent a house in Red Deer, AB?
Houses in Red Deer, AB rent between $900 - $2,695 with an average rent of $1,409.
3. How has the rent in Red Deer, AB changed in the last year?
In the last year, the rent in Red Deer, AB decreased by $176
4. How much has the rent in Red Deer, AB increased/decreased in the last month?
In the last month, the rent in Red Deer, AB decreased by $50
5. How many available rentals are there in Red Deer, AB?
There are currently 48 rentals available in Red Deer, AB.
6. How do rent prices in Red Deer, AB compare with the national average?
The average rent in Red Deer, AB is $1,409 — 32.9% lower the national average of $2,100.