
Cheap Apartments for Rent in Deerfield, IL from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Deerfield.

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696 Elm Pl

701 Elm Pl

908 E Old Willow Rd

944 Grace
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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 | $1,954 | $1,175 | $3,566 |
Cheap Deerfield 1 Bedroom Apartments | $2,515 | $1,575 | $4,275 |
Cheap Deerfield 2 Bedroom Apartments | $3,375 | $2,000 | $5,219 |
Cheap Deerfield 3 Bedroom Apartments | $3,742 | $3,161 | $4,995 |
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Deerfield, IL Local Guide
- Deerfield Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Available Deerfield Apartments for Rent
 The cheapest available apartment rental in Deerfield, IL is a 1 Bed unit found at TGM NorthShore in the Ravinia neighborhood priced from $2,119. Terraces at Deerfield in the Briergate Station neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,273. Here is today’s list of the most affordable Deerfield apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
TGM NorthShore | A2 | 1BR,1BA | $2,119 |
Terraces at Deerfield | 1A | 1BR,1BA | $2,273 |
AMLI Deerfield | E3 | Studio,1BA | $2,318 |
Albion Highland Park | V1 - West | 1BR,1BA | $2,350 |
Woodview Apartments | C3 | 1BR,1BA | $2,445 |
Best Value Apartments for Rent in Deerfield, IL
As of September 14, 2025 the best value apartment in the Deerfield area is the $2.00 price per square foot Two Bedroom Model at Americana Apartments in the in the Briergate Station neighborhood starting from $3,400. The second greatest value Deerfield apartment is the Center Unit Model at Townhomes at Pointe Drive starting at $3,895 with a $2.48 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. |
---|---|---|---|
Americana Apartments | Two Bedroom | 2BR,2BA | $2.00 |
Townhomes at Pointe Drive | Center Unit | 3BR,2.5BA | $2.48 |
Albion Highland Park | C25 - West | 2BR,2BA | $3.44 |
696 Elm Pl, Unit 304 | 696 Elm Pl | 2BR,2BA | $2.18 |
696 Elm Pl, Unit 3 | 696 Elm Pl | 2BR,2BA | $2.27 |
Woodview Apartments | G1 | 2BR,2BA | $2.66 |
Renaissance Place in Highland Park | 1Bed/1Bath | 1BR,1BA | $2.55 |
Terraces at Deerfield | 1A | 1BR,1BA | $2.99 |
TGM NorthShore | A2 | 1BR,1BA | $3.18 |
AMLI Deerfield | E3 | Studio ,1BA | $3.67 |
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Best Local Schools in Deerfield, IL
South Park Elementary School
Alan B Shepard Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Deerfield, IL
Walk Score®
55 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
26 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,119 at TGM NorthShore.
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 $2,485 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 Townhomes at Pointe Drive and starts from $3,895.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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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