Cheap Apartments for Rent near Deerfield, OH from $500 (47 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Carnation Villas
1 to 2 Bedroom Apartments

Carnation Villas

811 Serenity LnAlliance, OH 44601
  • Utilities Included
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124 S Haines Ave
2 Bedroom Apartments

124 S Haines Ave

124 S Haines AveAlliance, OH 44601
  • Utilities Included
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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.

Deerfield, OH Local Guide

Cheapest Available Deerfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Deerfield, OH is a Studio unit found at College Towers in the Kent neighborhood priced from $520. ABBINGTON AT THE PARK in the Alliance neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $548. Here is today’s list of the most affordable Deerfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
College TowersEfficiency StandardStudio,1BA$520
ABBINGTON AT THE PARK2 Bedroom 1 Bath2BR,1BA$548
Westchester ApartmentsEFFStudio,1BA$675
The Novo ApartmentsP-SStudio,1BA$725
Kent Village ApartmentsStudioStudio,1BA$850
Brookfield TownhomesTownhouse2BR,1BA$895
130 Frana Clara St2 Bedroom2BR,1BA$895
110 W Frana Clara St2 Bedroom2BR,1BA$895
Green Acres Of Ravenna2 bed townhouse2BR,1BA$950
Ridgewood ApartmentsTwo Bedroom2BR,1BA$1,000

Best Value Apartments for Rent in Deerfield, OH and Nearby

As of July 28, 2026 the best value apartment in the Deerfield area is the $1.18 price per square foot 2515 4 Bedroom Model at Hidden Pines Townhomes in the in the Kent neighborhood starting from $1,895. The second greatest value Deerfield apartment is the 2 Car Garage Model at Bricker Place Apartments starting at $1,795 with a $1.30 price per square foot in the Outer Canfield Poland 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.
Hidden Pines Townhomes2515 4 Bedroom4BR,2BA$1.18
Bricker Place Apartments2 Car Garage2BR,2BA$1.30
Villas at Franklin2BR 2BA and 2 Car Garage2BR,2BA$1.30
Chapel Square TownhomesThree Bedroom Townhomes with Carport3BR,1.5BA$1.14
ABBINGTON AT THE PARK2 Bedroom 1 Bath2BR,1BA$0.56
130 Frana Clara St2 Bedroom2BR,1BA$0.99
110 W Frana Clara St2 Bedroom2BR,1BA$0.99
Gold Zone HorizonVista1BR,1BA$1.22
Ridgewood ApartmentsTwo Bedroom2BR,1BA$1.18
Brookfield TownhomesTownhouse2BR,1BA$1.05

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real 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.

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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.

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

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Frequently Asked Questions about Cheap Deerfield Apartments

What is the Cheapest Studio apartment in Deerfield?

Currently the most affordable Cheap Studio Apartment in Deerfield is at College Towers listed at $520.

How much is rent for a Cheap One Bedroom Deerfield Apartment?

The lowest price for a Cheap One Bedroom Deerfield Apartment is $695 at Westchester 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 $548 at ABBINGTON AT THE PARK.

What is the most affordable Deerfield Three Bedroom Apartment?

The best deal on a cheap Deerfield Three Bedroom Apartment rental is at Green Acres Of Ravenna and starts from $1,100.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.