Cheap Apartments for Rent near Deer Park, IL from $900 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Deer Park.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 2024 N Rand Rd

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

2 Bedroom, 2 Bath Condo for Rent

Available Aug 1

2024 N Rand Rd, Unit 205

2024 N Rand Rd
PalatineIL60074
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Albion on Lake Cook
Rent Specials
$1,979 - $4,175
Total Monthly Price

Total Monthly Price

Base Rent
$1,979 - $4,175

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1 to 3 Bedroom Apartments Available Now

Albion on Lake Cook

500 E Constitution DrPalatine, IL 60074
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Palatine Square
Studio to 2 Bedroom Apartments

Palatine Square

1517 Winslowe StPalatine, IL 60074
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Liberty Lake
1 to 3 Bedroom Apartments

Liberty Lake

201 S Buesching RdLake Zurich, IL 60047
  • Utilities Included
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Country Glen
1 to 2 Bedroom Apartments

Country Glen

2264 Nichols RdArlington Heights, IL 60004
  • Utilities Included
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241 Main, LLC
1 to 2 Bedroom Apartments

241 Main, LLC

241-45 Main StLake Zurich, IL 60047

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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.

Deer Park, IL Local Guide

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 241 Main, LLC in the Hawthorn Woods Country Club neighborhood priced from $1,415. Arrowhead Apartments in the Cherrybrook Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here is today’s list of the most affordable Deer Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
241 Main, LLC1BR/1.0BA1BR,1BA$1,415
Arrowhead ApartmentsA11BR,1BA$1,495
The Gates of Deer Grove Apartment HomesOne Bedroom - 740 sqft1BR,1BA$1,660
Albion on NorthwestElm (A1) 1 Bedroom Aparment1BR,1BA$1,713
The Clayson2 Bedrooms2BR,1BA$1,804
The Landings of Lake Zurich1 Bdrm/1 Bath1BR,1BA$1,892
Albion on Lake CookA1 - 1 Bed, 1 Bath1BR,1BA$1,979
HIGHPOINT Barrington1 Bed 1 Bath1BR,1BA$2,146

Best Value Apartments for Rent in Deer Park, IL and Nearby

As of July 25, 2026 the best value apartment in the Deer Park area is the $1.53 price per square foot 826 E Capri Dr Model at 826 E Capri Dr, Unit 826 #1 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 $2,764 with a $2.06 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 ListingModel NameBed/BathPrice Per Sq.Ft.
826 E Capri Dr, Unit 826 #1826 E Capri Dr3BR,1.5BA$1.53
Albion on Lake CookD1 - 3 Bed, 2 Bath3BR,2BA$2.06
Eastbanks of Lake Zurich2/22BR,2BA$1.91
The Landings of Lake Zurich2 Bdrm/2 Bath2BR,2BA$2.17
The Clayson2 Bedrooms2BR,1BA$1.90
The Gates of Deer Grove Apartment HomesTwo Bedroom- 875 sqft2BR,1BA$2.11
HIGHPOINT Barrington1 Bed 1 Bath1BR,1BA$2.31
241 Main, LLC1BR/1.0BA1BR,1BA$1.89
Arrowhead ApartmentsA11BR,1BA$2.10
502 W Main St, Unit 502 W Main Street - 1st Floor502 W Main St1BR,1BA$2.14

Don'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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,415 at 241 Main, LLC.

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 $1,738 at Albion on Northwest.

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 $2,764.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.