
Cheap Apartments for Rent in Deerfield, IL from $1,547 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Deerfield.


Woodview Apartments

1147 Deerfield Rd, Unit B

Total Monthly Price
1183 Deerfield Rd, Unit A

Terraces at Deerfield

Pinetree Apartments
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120 W Inverrary Ln

1121 Waukegan Rd

TLC Grand

1314 W Inverrary Ln

357 Kildeer Ln

Total Monthly Price
696 Elm Pl, Unit 300
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301 Riverwalk Place

696 Elm Pl

TGM NorthShore

Park Townhomes of Highland Park

1770 1st St

Renaissance Place in Highland Park
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Crestwood Place

Rivertrail Apartments

1660 Green Bay Road

1950 Cherry Ln

Laurel Apartments

667 Homewood Ave
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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 | $1,905 | $1,547 | $2,159 |
| Cheap Deerfield 1 Bedroom Apartments | $2,563 | $1,675 | $4,744 |
| Cheap Deerfield 2 Bedroom Apartments | $3,428 | $2,353 | $5,700 |
| Cheap Deerfield 3 Bedroom Apartments | $5,048 | $2,604 | $7,900 |
Browse Top Apartments in Deerfield
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terraces at Deerfield | 1A | 1BR,1BA | $2,030 |
| Springs at Lake Cook Crossing | Studio Premier Summit | Studio,1BA | $2,064 |
| TGM NorthShore | A1 | 1BR,1BA | $2,159 |
| TLC Grand | A4E | 1BR,1BA | $2,200 |
| Woodview Apartments | 1 Bed/1 Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| PARK5 Luxury Townhomes | A1 | 1BR,1.5BA | $3.80 |
| Terraces at Deerfield | 1H | 1BR,1BA | $3.03 |
| Renaissance Place in Highland Park | 1Bed/1Bath | 1BR,1BA | $2.49 |
| Albion Highland Park | A15 - East | 1BR,1BA | $3.41 |
| Springs at Lake Cook Crossing | 1 BR Vue Courtyard w/ Garage | 1BR,1BA | $3.38 |
| Woodview Apartments | 1 Bed/1 Bath | 1BR,1BA | $3.05 |
| TLC Grand | A3 | 1BR,1BA | $3.19 |
| 696 Elm Pl, Unit 300 | 696 Elm Pl | 1BR,1BA | $2.85 |
| TGM NorthShore | A2 | 1BR,1BA | $3.36 |
| 1183 Deerfield Rd, Unit A | 1183 Deerfield Rd | 1BR,1BA | $2.79 |
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Read ArticleReal 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.
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
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.
Helpful Local Expert Guides

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