
Cheap Apartments for Rent in Deer Park, IL from $900 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Deer Park.


1851 N Green Ln N

The Clayson

Total Monthly Price
Albion on Northwest

Arrowhead Apartments

1100 E Randville Dr, Unit 103

The Gates of Deer Grove Apartment Homes
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

320 W Main St, Unit 2

The Landings of Lake Zurich

112 N Hager Ave

Palatine Square

Georgian Court Apartments

Liberty Lake

Country Glen
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Waters Edge

2407 Randall Ln

337 N Carter St

444 Osage Ln

456 E Spruce Dr

1 Renaissance Pl

304 N Carter St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1255 N Sterling Ave
Deer Park, IL Local Guide

How much does it cost to rent an apartment in Deer Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deer Park 1 Bedroom Apartments | $1,888 | $1,400 | $2,885 |
| Deer Park 2 Bedroom Apartments | $2,319 | $1,797 | $6,186 |
| Deer Park 3 Bedroom Apartments | $3,460 | $2,250 | $6,593 |
Browse Top Apartments in Deer Park
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Deer Park, IL Local Guide
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Cheapest Available Deer Park Apartments for Rent and Nearby
 The cheapest available apartment rental in Deer Park, IL is a 1 Bed unit found at The Clayson in the Cherrybrook Village neighborhood priced from $1,473. Arrowhead Apartments in the Cherrybrook Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. Here is today’s list of the most affordable Deer Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Clayson | 1 Bedroom | 1BR,1BA | $1,473 |
| Arrowhead Apartments | A1 | 1BR,1BA | $1,595 |
| Albion on Northwest | Elm (A1) 1 Bedroom Aparment | 1BR,1BA | $1,633 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $1,665 |
| The Landings of Lake Zurich | 1 Bdrm/1 Bath | 1BR,1BA | $1,882 |
Best Value Apartments for Rent in Deer Park, IL and Nearby
As of April 25, 2026 the best value apartment in the Deer Park area is the $1.50 price per square foot 826 E Capri Dr Model at 826 E Capri Dr, Unit 826 #2 in the in the Cherrybrook Village neighborhood starting from $2,250. The second greatest value Deer Park apartment is the D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook starting at $2,632 with a $1.96 price per square foot in the Cherrybrook Village neighborhood. Here is today’s list of the best values for Deer Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 826 E Capri Dr, Unit 826 #2 | 826 E Capri Dr | 3BR,1.5BA | $1.50 |
| Albion on Lake Cook | D1 - 3 Bed, 2 Bath | 3BR,2BA | $1.96 |
| Eastbanks of Lake Zurich | 2/2 | 2BR,2BA | $1.91 |
| The Landings of Lake Zurich | 2 Bdrm/2 Bath w/Attached Garage | 2BR,2BA | $2.50 |
| HIGHPOINT Barrington | 1 Bed 1 Bath | 1BR,1BA | $2.52 |
| Deer Park Crossing Apartments | Amherst | 1BR,1BA | $2.97 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $2.25 |
| Albion on Northwest | Oak (Ah) 1 Bedroom Apartment | 1BR,1BA | $2.49 |
| Arrowhead Apartments | A1 | 1BR,1BA | $2.24 |
| The Clayson | 1 Bedroom | 1BR,1BA | $2.10 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Deer Park, IL Rentals by Map
See the most popular apartments and homes in Deer Park, IL
Frequently Asked Questions about Cheap Deer Park Apartments
How much is rent for a Cheap One Bedroom Deer Park Apartment?
The lowest price for a Cheap One Bedroom Deer Park Apartment is $1,473 at The Clayson.
What is the lowest price for a Cheap Two Bedroom Deer Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Deer Park is starting from $1,797 at The Clayson.
What is the most affordable Deer Park Three Bedroom Apartment?
The best deal on a cheap Deer Park Three Bedroom Apartment rental is at Albion on Lake Cook and starts from $2,632.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.