Housing costs vary depending on whether you own a home, rent an apartment, or share accommodations with other people. Some immigrants choose temporary accommodations when they first arrive in Red Deer which might include sharing an apartment or a hotel room.
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Budget hotel room
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$75 per night
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1-bedroom apartment
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Rent ranges from about $650 to $900 per month
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2-bedroom apartment
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Rent ranges from about $800 to $1,200 per month
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3-bedroom detached house
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Average price in the Red Deer area is $259,000
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There may be other costs to pay in addition to rent for such things as heating, electricity, and telephone service. If you buy a house, you will need to pay for these utilities as well as property taxes. In 2007 the average cost for homeowners’ property taxes was $2,234 per year. Utilities cost, on average, $2,008 per year.