Cheap Homes for Rent in Deerfield, IL from $1,600 (17 Rentals)

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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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The 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.

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Cash 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.

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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 $2,049. 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$2,049
Woodview ApartmentsD11BR,1BA$2,075
TGM NorthShoreA21BR,1BA$2,119
Renaissance Place in Highland Park2Bed/2Bath2BR,2BA$2,700
Albion Highland ParkA17 - West1BR,1BA$2,995

Best Value Apartments for Rent in Deerfield, IL

As of August 03, 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 DriveCenter Unit3BR,2.5BA$2.54
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$3.89

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Frequently Asked Questions about Deerfield

What type of rentals are currently available in Deerfield?

There are currently 71 Apartments for Rent in Deerfield, IL with pricing that ranges from $1,295 to $5,059. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deerfield ranging from $1,600 to $16,000.

What is the current price range for Rental Homes in Deerfield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Deerfield ranges from $1,600 to $16,000 with an average monthly rent of $5,161.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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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.