Red Deer, AB Housing Statistics

A-

43%

Med. Home Val. NAT. AVG.

50%

Rent NAT. AVG.

4%

Owner Occ. NAT. AVG.

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Red Deer Housing Information

Index	Red Deer	Alberta	National
Median home price	$379,301	$520,952	$665,961
Median rent asked	$1,071	$1,690	$2,146
Avg. people per household	2.5	2.7	2.5
Owner occupied households	65.2%	72.0%	67.6%
Renter occupied households	34.8%	27.4%	32.0%

Housing Quick Facts

The median home price in Red Deer is 43% lower than the national average.
The median rent asked in Red Deer is 50% lower than the national average.
The average number of people per household in Red Deer is equal to the national average.
The number of owner occupied households in Red Deer is 4% lower than the national average.
The number of renter occupied households in Red Deer is 9% higher than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Red Deer County, AB	21,767	$383,875	42%
Jarvis Bay, AB	209	$385,733	42%
Lacombe, AB	13,889	$389,399	42%
Bentley, AB	1,096	$389,531	42%
Norglenwold, AB	299	$390,796	41%
Red Deer, AB	107,873	$379,301	43%

Cities with similar population

	Population	Home Price	National Avg.
Strathcona County, AB	106,316	$424,848	36%
St. John's, NL	109,566	$545,440	18%
Chatham-Kent, ON	105,414	$681,362	2%
Brantford, ON	105,103	$643,227	3%
Clarington, ON	104,855	$641,344	4%
Red Deer, AB	107,873	$379,301	43%

Source: The Red Deer, AB housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.