Cheap Apartments for Rent in Deerfield, IL from $1,547 (25 Rentals)

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

property at 1147 Deerfield Rd
$1,675

Total Monthly Price

Base Rent$1,675

Total Monthly Price$1,675
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1147 Deerfield Rd, Unit B

1147 Deerfield Rd
DeerfieldIL60015
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Pinetree Apartments
1 to 2 Bedroom Apartments

Pinetree Apartments

933-951 Waukegan RdDeerfield, IL 60015
  • Utilities Included

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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TLC Grand
Studio to 2 Bedroom Apartments

TLC Grand

1525 Lake Cook RdDeerfield, IL 60015
Corporate Housing
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696 Elm Pl, Unit 300
$1,995

Total Monthly Price

Base Rent$1,995

Total Monthly Price$1,995
1 Bedroom Apartment Available Now

696 Elm Pl, Unit 300

696 Elm PlHighland Park, IL 60035
Affordability

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property at 1770 1st St
$2,287
1 Bedroom, 1 Bath Home for Rent
Available Now

1770 1st St

Highland ParkIL60035

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Crestwood Place
Studio to 2 Bedroom Apartments

Crestwood Place

1000 Waukegan RdNorthbrook, IL 60062
Senior Living
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Rivertrail Apartments
1 to 2 Bedroom Apartments

Rivertrail Apartments

515-519 S Milwaukee AveWheeling, IL 60090
  • Utilities Included
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1660 Green Bay Road
Studio to 1 Bedroom Apartments

1660 Green Bay Road

1660 Green Bay RdHighland Park, IL 60035
  • Utilities Included
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Laurel Apartments
1 to 3 Bedroom Apartments

Laurel Apartments

833 Laurel AveHighland Park, IL 60035

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Deerfield, IL Local Guide

Cheapest Available Deerfield Apartments for Rent

 

The cheapest available apartment rental in Deerfield, IL is a 1 Bed unit found at Terraces at Deerfield in the Briergate Station neighborhood priced from $2,030. Springs at Lake Cook Crossing in the Briergate Station neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,064. Here is today’s list of the most affordable Deerfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Terraces at Deerfield1A1BR,1BA$2,030
Springs at Lake Cook CrossingStudio Premier SummitStudio,1BA$2,064
TGM NorthShoreA11BR,1BA$2,159
TLC GrandA4E1BR,1BA$2,200
Woodview Apartments1 Bed/1 Bath1BR,1BA$2,217

Best Value Apartments for Rent in Deerfield, IL

As of September 15, 2026 the best value apartment in the Deerfield area is the $3.80 price per square foot A1 Model at PARK5 Luxury Townhomes in the in the North Northfield neighborhood starting from $3,900. The second greatest value Deerfield apartment is the 1H Model at Terraces at Deerfield starting at $3,030 with a $3.03 price per square foot in the Briergate Station neighborhood. Here is today’s list of the best values for Deerfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
PARK5 Luxury TownhomesA11BR,1.5BA$3.80
Terraces at Deerfield1H1BR,1BA$3.03
Renaissance Place in Highland Park1Bed/1Bath1BR,1BA$2.49
Albion Highland ParkA15 - East1BR,1BA$3.41
Springs at Lake Cook Crossing1 BR Vue Courtyard w/ Garage1BR,1BA$3.38
Woodview Apartments1 Bed/1 Bath1BR,1BA$3.05
TLC GrandA31BR,1BA$3.19
696 Elm Pl, Unit 300696 Elm Pl1BR,1BA$2.85
TGM NorthShoreA21BR,1BA$3.36
1183 Deerfield Rd, Unit A1183 Deerfield Rd1BR,1BA$2.79

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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 Deerfield Apartments

How much is rent for a Cheap One Bedroom Deerfield Apartment?

The lowest price for a Cheap One Bedroom Deerfield Apartment is $2,030 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 $2,711 at Woodview Apartments.

What is the most affordable Deerfield Three Bedroom Apartment?

The best deal on a cheap Deerfield Three Bedroom Apartment rental is at PARK5 Luxury Townhomes and starts from $5,300.

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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