Cheap Apartments for Rent in Deerfield, IL from $400 (9 Rentals)

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

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Pinetree Apartments
1 to 2 Bedroom Apartments

Pinetree Apartments

933-951 Waukegan RdDeerfield, IL 60015
  • Utilities Included
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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
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Park Townhomes
1 Bedroom Apartments

Park Townhomes

1900 Green Bay RdHighland Park, IL 60035
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833 Laurel Ave
1 to 3 Bedroom Apartments

833 Laurel Ave

833 Laurel AveHighland Park, IL 60035

Deerfield, IL Local Guide

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 $2,043. Woodview Apartments in the North Northfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,075. Here is today’s list of the most affordable Deerfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
AMLI DeerfieldE1Studio,1BA$2,043
Woodview ApartmentsD11BR,1BA$2,075
TGM NorthShoreA21BR,1BA$2,119

Best Value Apartments for Rent in Deerfield, IL

As of July 30, 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 2Bed/2Bath Model at Renaissance Place in Highland Park starting at $2,700 with a $1.63 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.
Americana ApartmentsTwo Bedroom2BR,2BA$2.00
Renaissance Place in Highland Park2Bed/2Bath2BR,2BA$1.63
Townhomes at Pointe DriveEnd Unit3BR,2.5BA$2.45
1163 Deerfield Rd, Unit 11631163 Deerfield Rd2BR,1.5BA$1.80
Albion Highland ParkC16 - West2BR,2BA$3.39
696 Elm Pl, Unit 304696 Elm Pl2BR,2BA$2.50
696 Elm Pl, Unit A02C696 Elm Pl2BR,2BA$2.75
Woodview ApartmentsE11BR,1BA$2.75
TGM NorthShoreA31BR,1BA$3.40
AMLI DeerfieldE1Studio ,1BA$3.88

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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

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 $2,075 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 $2,700 at Renaissance Place in Highland Park.

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.