Vanier Woods
39 Van Slyke Way,
Red Deer, AB T4R 0S3
C$1,489 - C$1,749
1-2 Beds
Red Deer
Red Deer, AB
Area Guide
A scenic blend of outdoor adventure and urban living
What makes Red Deer stand out is its lifestyle. The city is built along the idyllic Red Deer River and has more than 100 km of trails connecting parks, green spaces, and scenic spots—ideal for walking, biking, or just getting outside. Popular areas like Downtown, Vanier Woods, and Riverside Meadows offer easy access to shops, restaurants, and transit, while still keeping that small-city feel. Whether you’re commuting, studying, or just ready for a change of pace, Red Deer offers a refreshing alternative to the usual rental hotspots.
Rent Trends
As of December 2025, the average apartment rent in Red Deer, AB is C$1,089 for a studio, C$1,440 for one bedroom, C$1,704 for two bedrooms, and C$1,796 for three bedrooms. Apartment rent in Red Deer has increased by 0.3% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
C$1,440/month
599 Sq Ft
Transportation
11
Car-Dependent
out of 100 WalkScore® Rating
Walking is difficult in this neighborhood, which is considered a car-dependent area.
38
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
50
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Shopping Centers
Colleges
Top Apartments in Red Deer
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.