ApartmentCA$274,900
Red Deer
1 bd 2 ba 97 m²
Red Deer Real Estate: Affordable Houses Halfway Between Calgary and Edmonton
509 homes and apartments for sale in Red Deer, Canada.
Photo: Yomex Owo / Unsplash
Properties for sale in Red Deer
24 properties shown
Apartment
ApartmentCA$235,900
Red Deer
2 bd 2 ba 107 m²
ApartmentCA$149,900
Red Deer
1 bd 1 ba 52 m²
HouseCA$369,900
Red Deer
5 bd 3 ba 109 m²
HouseCA$719,900
Red Deer
4 bd 4 ba 170 m²
ApartmentCA$99,900
Red Deer
1 bd 1 ba 44 m²
ApartmentCA$259,900
Red Deer
1 bd 2 ba 109 m²
HouseCA$299,900
Red Deer
2 bd 3 ba 97 m²
HouseCA$209,000
Red Deer
2 bd 2 ba 105 m²
ApartmentCA$239,900
Red Deer
2 bd 2 ba 107 m²
ApartmentCA$209,900
Red Deer
1 bd 2 ba 86 m²
HouseCA$669,000
Red Deer
5 bd 3 ba 131 m²
HouseCA$342,000
Red Deer
3 bd 2 ba 139 m²
ApartmentCA$154,900
Red Deer
2 bd 1 ba 75 m²
HouseCA$209,900
Red Deer
2 bd 1 ba 78 m²
ApartmentCA$155,000
Red Deer
2 bd 1 ba 80 m²
ApartmentCA$117,500
Red Deer
2 bd 1 ba 75 m²
ApartmentCA$156,900
Red Deer
2 bd 1 ba 81 m²
HouseCA$545,000
Red Deer
5 bd 3 ba 205 m²
ApartmentCA$249,900
Red Deer
2 bd 2 ba 88 m²
ApartmentCA$192,800
Red Deer
2 bd 1 ba 71 m²
ApartmentCA$194,900
Red Deer
1 bd 1 ba 66 m²
HouseCA$344,900
Red Deer
4 bd 4 ba 117 m²
HouseCA$539,900
Red Deer
5 bd 3 ba 118 m²
Buyer's guide: Red Deer
Red Deer is Alberta's third-largest city, positioned on Highway 2 almost exactly between Calgary and Edmonton. It offers some of the lowest entry prices in our Canadian coverage: 507 listings, with a median asking price of €256,942.
Prices in Red Deer
All figures come from asking prices in current RealEstateAbroad listings. The lower quartile starts at €187,990, and the upper quartile ends at €344,700, so most homes cost a fraction of a Toronto or Vancouver equivalent.
| Indicator | Value |
|---|---|
| Listings | 507 |
| Median asking price | €256,942 |
| p25 to p75 | €187,990 to €344,700 |
| Price per m² | €2,253 |
| Median size | 110 m² |
What the market offers
Houses: 374. Apartments: 104. Commercial: 28. Land: 1. Four-bedroom homes are the largest group at 145, with 125 three-bedroom, 88 with five or more, 74 two-bedroom and 25 one-bedroom. Many listings are bungalows, bi-levels and newer two-storey family homes. Browse houses and apartments across Canada.
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The local economy
Red Deer's economy rests on regional services, health care, education at Red Deer Polytechnic, agriculture and energy. Because its fortunes follow Alberta's oil cycle, prices have been steadier and lower than in Calgary. The city has an extensive trail network along the Red Deer River and is within roughly an hour and a half of both bigger cities, though public transport is limited, so you will need a car. Winters are long and cold.
Rules for overseas buyers
Canada's national prohibition on residential purchases by non-Canadians covers most foreign nationals, subject to exemptions, so a pure overseas investor may not be able to buy at present. Alberta itself charges no land transfer tax, only title and mortgage registration fees. Ask a lawyer for the latest federal position, and read the Canada guide and consultation page.
Last updated 8 October 2026
Buying property in Red Deer: FAQ
Is Red Deer a cheap city?
By Canadian standards, yes. Its median asking price is €256,942.
Can I buy as a non-resident?
Only if an exemption applies, so seek legal advice before making an offer.
Is it good for rental investment?
Prices are low and yields can look attractive, but the economy is cyclical.
What is the commute to Calgary?
About 90 minutes by car, typically.
Are condos available?
Yes: 104 listings are apartments or condos.
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