Krasny Yar () is a rural locality (a selo) in Zelenoborsky Selsoviet of Mikhaylovsky District, Amur Oblast, Russia. The population was 131 as of 2018. There are 3 streets.
Krasny Yar is located on the left bank of the Zavitaya River, 30 km north of Poyarkovo (the district's administrative centre) by road. Nizhnezavitinka is the nearest rural locality.