Save This Search

Cheap Apartments for Rent in Red Deer, AB

29 Rentals Available
Apartments Under $1,200 Apartments Under $1,400

Apartments Under $1,200

  • A gym with treadmills, elliptical machines, and a weight bench.
    5
    1 day ago

    2 Trinity Street, Lacombe, AB T4L 0J2
    STUDIO $1,095
    1 BED $1,325+
    2 BEDS $1,525
  • A white gazebo is in the middle of a grassy area in front of apartment buildings.
    1 day ago

    301A Timothy Drive, Red Deer, AB T4P 0P2
    STUDIO $1,135
    1 BED $1,365
    2 BEDS $1,595
  • A living room with a grey couch, a table and a clock on the wall.
    1 day ago

    31B Timberstone Way, Red Deer, AB T4P 0V5
    STUDIO $1,135
    1 BED $1,345+
    2 BEDS $1,555
  • A gym room with a rowing machine, a fan, a pink ball, and a red mat.
    1 day ago

    31A Timberstone Way, Red Deer, AB T4P 0V4
    STUDIO $1,135
    1 BED $1,345
    2 BEDS $1,625
  • A kitchen area with a refrigerator, a dining table with chairs, and a sofa.
    1 day ago

    301B Timothy Drive, Red Deer, AB T4P 0P3
    STUDIO $1,135
    1 BED $1,365
    2 BEDS $1,595
  • Interactive banner rent
    What is your max rent budget?
  • A modern kitchen and living room with a dining table and chairs.
    1 day ago

    301C Timothy Drive, Red Deer, AB T4P 0P1
    STUDIO $1,135
    1 BED $1,365
    2 BEDS $1,595

  • More Rentals Near Red Deer, AB

Apartments Under $1,400

  • A modern outdoor dining area with a wooden table and chairs.
    1 day ago

    70 Thomlison Avenue, Red Deer, AB T4P 3H7
    STUDIO $1,215
    1 BED $1,475
    2 BEDS $1,855+
  • A sign for Belmont Village 11 Broadway Rise in front of a building.
    7
    1 day ago

    11 Broadway Rise, Sylvan Lake, AB T4S 0M2
    STUDIO Ask for Pricing
    1 BED $1,335
    2 BEDS $1,465
6-2-city
Nice work, you've checked out every rental here! Expand your search to find your happy place.

Save Search

Getting around in Red Deer, AB

16 /100
Car-Dependent
35 /100
Some Transit
57 /100
Bikeable
Walk Score®: 16, Transit Score®: 35, Bike Score®: 57

Frequently asked questions

What is the price of a cheap apartment in Red Deer, AB?

The price range of a cheap apartment is between $1,395 and $1,975.

How many cheap rentals are available in Red Deer, AB on RentCafe?

There are 25 cheap rentals available on RentCafe. Prices and availability in Red Deer, AB were last updated on 16 Nov 2025.

What is the average size of a cheap apartment in Red Deer, AB?

The average Red Deer, AB cheap apartment size is 595 sq. ft.

What are the advantages of renting a cheap apartment in Red Deer, AB?

Cheap apartments in Red Deer, AB are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Red Deer, AB?

A cheap apartment in Red Deer, AB offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!