Red Deer County
Town · Alberta · Population 19,933
Housing and jobs
Housing costs, rents, incomes and jobs in Red Deer County, with comparisons and sources.
Affordability
Average monthly rent$1,220/month
AB: $1,332/month · Canada: $1,209/month · 2006: $650/month (estimated) · 2016: $1,205/month (in 2021 dollars) · Statistics Canada, 2021
Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,703/month
CMHC, 2025
Median dwelling value (owner-estimated)$496,000
AB: $400,000 · Canada: $472,000 · 2016: $551,440 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing15.9%
AB: 21.2% · Canada: 20.9% · 2006: 14.3% (estimated) · 2016: 15.6% · Statistics Canada, 2021
Economy
Median household income$94,000
AB: $96,000 · Canada: $84,000 · 2006: $84,749 (estimated) · 2016: $103,318 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)2.1%
AB: 4.8% · Canada: 5.2% · 2016: 6.7% · Statistics Canada, 2021
Unemployment rate8.5%
AB: 11.5% · Canada: 10.3% · 2006: 2.5% (estimated) · 2016: 8.6% · Statistics Canada, 2021