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Updated 11 hours ago

5120 42 St


Olds, AB

2 Bed
1 Bath

638 Sq. Ft.

Available starting Aug. 15th
2 Beds • 1 Bath
$1,550
638 ft2
1 Available
Managed By: RE/MAX Commercial Properties & The Ripple Group
FANTASTIC 2 BEDS/ 1 BATHS LOWER DUPLEX
$1,550
Available Aug 15th, 2026
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
55
Somewhat Walkable
Bike Score®
55
Bikeable
Amenities
On-site Laundry
Refrigerator
Dishwasher
Microwave
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Additional Details
Total Unit Count: 1
Last Updated: Updated 11 hours ago
Contact Number: (587) 818-6798
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 5120 42 St by bedroom type below.
2 Bedroom
Suggested income:
$55,800
per year
Rent report

5120 42 St Rent vs. Red Deer Average

 5120 42 St      Red Deer Average
2BR
$1,550
$1,449
$0
$550
$1,100
$1,650
$2,200

5120 42 St is asking 7% more than the average 2 bedroom apartment in Red Deer.

If you upsized to an average priced Red Deer 3 bedroom apartment, you would pay 9% more per month.

5120 42 St provides 42% less square footage than the average Red Deer 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
5120 42 St
2BR $1,550 $2.40 $4,650
Red Deer Average
2BR $1,449 $1.30 $4,347
3BR $1,596 $1.50 $4,788

Availability in Red Deer

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 4 2BR units on the market in Red Deer. If you're looking to negotiate, this may be your best option.

2BR
3BR
50% 50%
Available Units in Red Deer
2BR 4
3BR 4
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on August 15, 2026.
What's the square footage of the available units?
It's 638 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
5120 42 St has a 2 bedroom unit starting at $1,550.
Where is this property located?
This property is at 5120 42 St in Olds, AB. It's 34.8 miles southwest from the center of Red Deer.
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