Cheap Apartments for Rent in Deerfield, IL from $400 (8 Rentals)

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Pinetree Apartments
1 to 2 Bedroom Apartments

Pinetree Apartments

933-951 Waukegan RdDeerfield, IL 60015
  • Utilities Included

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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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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Park Townhomes
1 Bedroom Apartments

Park Townhomes

1900 Green Bay RdHighland Park, IL 60035
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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

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Deerfield, IL Local Guide

Cheapest Available Deerfield Apartments for Rent

 

The cheapest available apartment rental in Deerfield, IL is a Studio unit found at Albion Highland Park in the Briergate Station neighborhood priced from $1,985. Woodview Apartments in the North Northfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,994. Here is today’s list of the most affordable Deerfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Albion Highland ParkS6 - WestStudio,1BA$1,985
Woodview ApartmentsB21BR,1BA$1,994
AMLI DeerfieldA4b1BR,1BA$2,306

Best Value Apartments for Rent in Deerfield, IL

As of June 27, 2025 the best value apartment in the Deerfield area is the $2.17 price per square foot 2Bed/2Bath Model at Renaissance Place in Highland Park in the in the Briergate Station neighborhood starting from $3,600. The second greatest value Deerfield apartment is the Center Unit Model at Townhomes at Pointe Drive starting at $3,895 with a $2.54 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Renaissance Place in Highland Park2Bed/2Bath2BR,2BA$2.17
Townhomes at Pointe DriveCenter Unit3BR,2.5BA$2.54
956 Chestnut St, Unit #1956 Chestnut St3BR,1BA$2.55
Albion Highland ParkC6 - East2BR,2BA$3.59
AMLI DeerfieldA4b1BR,1BA$2.79
TGM NorthShoreA81BR,1BA$3.18
Woodview ApartmentsB21BR,1BA$2.95

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Deerfield, IL Rentals by Map

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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 $1,994 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 $2,815 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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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.