
Cheap Apartments for Rent in Deerfield, IL from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Deerfield.


Total Monthly Price
Springs at Lake Cook Crossing

933-951 Waukegan Rd, Unit 2 Bedroom

1141 Waukegan Rd, Unit Two Bedroom copy

1141 Waukegan Rd

Woodview Apartments
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Total Monthly Price
AMLI Deerfield

Terraces at Deerfield

373 Goshawk Ln

1121 Waukegan Rd

1314 W Inverrary Ln

696 Elm Pl, Unit 105
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301 Riverwalk Place

696 Elm Pl, Unit 300

TGM NorthShore

Park Townhomes of Highland Park

Total Monthly Price
Albion Highland Park

Americana Apartments
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Crestwood Place

Rivertrail Apartments

1660 Green Bay Road

107 E Dundee Rd

Laurel Apartments

1250 Park Ave W
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1950 Farnsworth Ln

1988 Green Bay Rd
Deerfield, IL Local Guide

How much does it cost to rent an apartment in Deerfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Deerfield Studio Apartments | $2,071 | $1,547 | $3,101 |
| Cheap Deerfield 1 Bedroom Apartments | $2,628 | $1,495 | $4,682 |
| Cheap Deerfield 2 Bedroom Apartments | $3,449 | $1,595 | $5,944 |
| Cheap Deerfield 3 Bedroom Apartments | $5,012 | $3,368 | $7,900 |
Browse Top Apartments in Deerfield
See all Apartments in DeerfieldExplore Deerfield
Deerfield, IL Local Guide
- Deerfield Neighborhoods
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Cheapest Available Deerfield Apartments for Rent
 The cheapest available apartment rental in Deerfield, IL is a Studio unit found at AMLI Deerfield in the North Northfield neighborhood priced from $2,055. Terraces at Deerfield in the Briergate Station neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,080. Here is today’s list of the most affordable Deerfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| AMLI Deerfield | E1 | Studio,1BA | $2,055 |
| Terraces at Deerfield | 1A | 1BR,1BA | $2,080 |
| TGM NorthShore | A2 | 1BR,1BA | $2,159 |
| Springs at Lake Cook Crossing | Studio Premier Summit | Studio,1BA | $2,202 |
| Woodview Apartments | 1 Bed/1 Bath | 1BR,1BA | $2,373 |
| Renaissance Place in Highland Park | 1Bed/1Bath | 1BR,1BA | $2,500 |
| Townhomes at Pointe Drive | Center Unit | 3BR,2BA | $3,995 |
| Albion Highland Park | C3 - West | 2BR,2BA | $4,027 |
| 728 Lofts | 2BR/2.0BA | 2BR,2BA | $4,295 |
| PARK5 Luxury Townhomes | C1 | 3BR,2BA | $5,400 |
Best Value Apartments for Rent in Deerfield, IL
As of July 28, 2026 the best value apartment in the Deerfield area is the $2.82 price per square foot C2 Model at PARK5 Luxury Townhomes in the in the North Northfield neighborhood starting from $5,999. The second greatest value Deerfield apartment is the Center Unit Model at Townhomes at Pointe Drive starting at $3,995 with a $2.51 price per square foot in the North Northfield neighborhood. Here is today’s list of the best values for Deerfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| PARK5 Luxury Townhomes | C2 | 3BR,2.5BA | $2.82 |
| Townhomes at Pointe Drive | Center Unit | 3BR,2.5BA | $2.51 |
| Albion Highland Park | C3 - West | 2BR,2BA | $3.30 |
| 728 Lofts | 2BR/2.0BA | 2BR,2BA | $3.67 |
| Renaissance Place in Highland Park | 1Bed/1Bath | 1BR,1BA | $2.65 |
| Terraces at Deerfield | 1B | 1BR,1BA | $2.94 |
| Woodview Apartments | 1 Bed/1 Bath | 1BR,1BA | $3.05 |
| TGM NorthShore | A5 | 1BR,1BA | $3.38 |
| Springs at Lake Cook Crossing | Studio Haven Summit | Studio ,1BA | $3.51 |
| AMLI Deerfield | E1 | Studio ,1BA | $3.90 |
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Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
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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.
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.
Best Local Schools in Deerfield, IL
South Park Elementary School
Charles J Caruso Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Deerfield, IL Rentals by Map
See the most popular apartments and homes in Deerfield, IL
Frequently Asked Questions about Cheap Deerfield Apartments
What is the Cheapest Studio apartment in Deerfield?
Currently the most affordable Cheap Studio Apartment in Deerfield is at AMLI Deerfield listed at $2,055.
How much is rent for a Cheap One Bedroom Deerfield Apartment?
The lowest price for a Cheap One Bedroom Deerfield Apartment is $2,080 at Terraces at Deerfield.
What is the lowest price for a Cheap Two Bedroom Deerfield Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Deerfield is starting from $2,699 at TGM NorthShore.
What is the most affordable Deerfield Three Bedroom Apartment?
The best deal on a cheap Deerfield Three Bedroom Apartment rental is at Springs at Lake Cook Crossing and starts from $3,573.
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.
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