1455 Shermer Rd, Unit 302C
1455 Shermer Rd
NorthbrookIL60062
Cheap Apartments for Rent in Deerfield, IL from $400 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Deerfield.
696 Elm Pl
Highland ParkIL60035
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$1,695 - $1,895
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Studio to 1 Bedroom Apartment Available NowTotal Monthly Price
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$1,695 - $1,895
Total Monthly Price
$1,695 - $1,895
696 Elm Pl
696 Elm PlHighland Park, IL 60035
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.
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Studio to 2 Bedroom Apartments
Crestwood Place
1000 Waukegan RdNorthbrook, IL 60062
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1 to 2 Bedroom Apartments
Rivertrail Apartments
515-519 S Milwaukee AveWheeling, IL 60090
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Studio to 1 Bedroom Apartments
1660 Green Bay Road
1660 Green Bay RdHighland Park, IL 60035
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.
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Deerfield, IL Local Guide
The Edward L. Ryerson Cabin in the Edward L. Ryerson Area Historic District in Deerfield by Teemu008 is licensed under CC BY 2.0
How much does it cost to rent an apartment in Deerfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deerfield Studio Apartments | $2,097 | $1,250 | $3,066 |
| Deerfield 1 Bedroom Apartments | $2,556 | $1,800 | $3,761 |
| Deerfield 2 Bedroom Apartments | $3,454 | $2,588 | $5,700 |
| Deerfield 3 Bedroom Apartments | $4,977 | $3,559 | $7,460 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Deerfield, IL Local Guide
- Deerfield Neighborhoods
- Nearby Cities
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- School Districts
Cheapest Available Deerfield Apartments for Rent and Nearby
The cheapest available apartment rental in Deerfield, IL is a Studio unit found at Woodview Apartments in the North Northfield neighborhood priced from $1,775. Albion Highland Park in the Briergate Station neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,095. Here is today’s list of the most affordable Deerfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodview Apartments | Studio/1 Bath | Studio,1BA | $1,775 |
| Albion Highland Park | S6 - West | Studio,1BA | $2,095 |
| TGM NorthShore | A5 | 1BR,1BA | $2,199 |
Best Value Apartments for Rent in Deerfield, IL and Nearby
As of March 12, 2026 the best value apartment in the Deerfield area is the $4.04 price per square foot 2BR/2.0BA Model at 728 Lofts in the in the Briergate Station neighborhood starting from $4,400. The second greatest value Deerfield apartment is the C5 - East Model at Albion Highland Park starting at $3,810 with a $3.59 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 728 Lofts | 2BR/2.0BA | 2BR,2BA | $4.04 |
| Albion Highland Park | C5 - East | 2BR,2BA | $3.59 |
| Springs at Lake Cook Crossing | 1 BR Vue Courtyard w/ Garage | 1BR,1BA | $3.40 |
| Americana Apartments | One Bedroom | 1BR,1BA | $2.68 |
| AMLI Deerfield | A3 | 1BR,1BA | $3.02 |
| 696 Elm Pl | 696 Elm Pl | 1BR,1BA | $2.71 |
| 696 Elm Pl | 696 Elm Pl | 1BR,1BA | $2.71 |
| 704 Elm Pl, Unit J06W | 704 Elm Pl | 1BR,1BA | $2.64 |
| TGM NorthShore | A2 | 1BR,1BA | $3.30 |
| Woodview Apartments | 1 Bed/1 Bath | 1BR,1BA | $3.20 |
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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
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Best Local Schools in Deerfield, IL
South Park Elementary School
Deerfield School District 109
Public School - Grades PK-5 (441)
9 out of 10
Alan B Shepard Middle School
Deerfield School District 109
Public School - Grades 6-8 (460)
9 out of 10
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 Woodview Apartments listed at $1,775.
How much is rent for a Cheap One Bedroom Deerfield Apartment?
The lowest price for a Cheap One Bedroom Deerfield Apartment is $2,120 at Woodview Apartments.
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 $2,588 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 Springs at Lake Cook Crossing and starts from $3,559.
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.
Helpful Local Expert Guides
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.