
Cheap Homes for Rent in Deerfield, IL from $1,600 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Deerfield.


701 Elm Pl

696 Elm Pl

944 Grace
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

342 Park Ave

343 Park Ave

343 Park

730 Judson Ave

649 Trace Dr

870 Trace Dr

1910 Green Bay Rd
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.

817 Elm St

1164 Inverrary Ln

1230 Park Ave W

1250 Park Ave W

1988 Green Bay Rd

844 Deerfield Rd

232 S Central Ave
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.

1478 Glencoe Ave

701 Elm Pl

696 Elm Pl
Deerfield, IL Local Guide

How much does it cost to rent a home in Deerfield?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Deerfield 2 Bedroom Homes for Rent | $2,637 | $1,795 | $4,500 |
Deerfield 3 Bedroom Homes for Rent | $3,770 | $2,395 | $7,000 |
Deerfield 4 Bedroom Homes for Rent | $3,926 | $2,885 | $7,500 |
Deerfield 5 Bedroom Homes for Rent | $3,950 | $3,000 | $5,100 |
Deerfield 6 Bedroom Homes for Rent | $13,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Deerfield
Explore Deerfield
Deerfield, IL Local Guide
- Deerfield Neighborhoods
- Nearby Cities
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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 | $2,308 |
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 18, 2025 the best value apartment in the Deerfield area is the $2.48 price per square foot Center Unit Model at Townhomes at Pointe Drive in the in the North Northfield neighborhood starting from $3,895. The second greatest value Deerfield apartment is the C25 - West Model at Albion Highland Park starting at $4,195 with a $3.44 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. |
---|---|---|---|
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 |
728 Lofts | 1BR/1.0BA | 1BR,1BA | $3.97 |
Terraces at Deerfield | 1A | 1BR,1BA | $2.99 |
TGM NorthShore | A2 | 1BR,1BA | $3.18 |
AMLI Deerfield | E3 | Studio ,1BA | $3.66 |
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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!
Explore Deerfield, IL Rentals by Map
See the most popular apartments and homes in Deerfield, IL
Frequently Asked Questions about Deerfield
What type of rentals are currently available in Deerfield?
There are currently 76 Apartments for Rent in Deerfield, IL with pricing that ranges from $1,175 to $5,219. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deerfield ranging from $1,649 to $13,000.
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 $1,649 to $13,000 with an average monthly rent of $4,477.
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

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.