Cheap Apartments for Rent in Deerfield, WI from $600 (54 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
9 Simonson Blvd
2 Bedroom Apartments

9 Simonson Blvd

9 Simonson BlvdDeerfield, WI 53531
close
View Me
117 Washburn Rd
2 Bedroom Apartments

117 Washburn Rd

117 Washburn RdDeerfield, WI 53531

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 2

Deerfield, WI Local Guide

Cheapest Available Deerfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Deerfield, WI is a 1 Bed unit found at Freedom Ring Apartments in the Liberty Square neighborhood priced from $875. Knowlton Woods Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,075. Here is today’s list of the most affordable Deerfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Freedom Ring Apartments724 - 1 Bed / 1 Bath1BR,1BA$875
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$1,075
Westminster Senior Apartments1 Bed Walk-In1BR,1BA$1,180
Hercules TrailD1Studio,1BA$1,195
Tamarack Apartment Homes1 Bedroom1BR,1BA$1,200
512 S Main St2 bed/1 bath2BR,1BA$1,250
Artisan SquareBStudio,1BA$1,275
Glacier Valley at Reston HeightsPlan EfficiencyStudio,1BA$1,280
School Street Apartments3 bedroom x 2 bath3BR,2BA$1,300
Tamarack Trails1 Bedroom Upper1BR,1BA$1,315

Best Value Apartments for Rent in Deerfield, WI and Nearby

As of May 21, 2026 the best value apartment in the Deerfield area is the $1.23 price per square foot #100-200-300 Model at Lion's Gate at Grandview in the in the East Side neighborhood starting from $1,815. The second greatest value Deerfield apartment is the A Model at Prairie Stone Commons starting at $1,750 with a $1.31 price per square foot in the East Madison 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.
Lion's Gate at Grandview#100-200-3002BR,2BA$1.23
Prairie Stone CommonsA2BR,2BA$1.31
Rock Creek Apartments2 Bed 2 Bath.2BR,2BA$1.24
Pondview Apartments3BR/2BA3BR,2BA$1.28
Tamarack Gardens-Distinctive 55+ Community2 Beds 1.5 Bath2BR,1.5BA$1.35
School Street Apartments3 bedroom x 2 bath3BR,2BA$1.18
Tamarack Apartment Homes1 Bedroom1BR,1BA$1.33
Westminster Senior Apartments1 Bed Walk-In1BR,1BA$1.46
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$1.34
Freedom Ring Apartments617 - 1 Bed / 1 Bath1BR,1BA$1.42

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Deerfield, WI

School data provided by Great Schools

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

Explore Deerfield, WI Rentals by Map

Decorative image of map

See the most popular apartments and homes in Deerfield, WI

View Map
Deerfield, WI Apartments Map
View Map
Deerfield, WI Rental Homes Map

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 Hercules Trail listed at $1,195.

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

The lowest price for a Cheap One Bedroom Deerfield Apartment is $875 at Freedom Ring 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 $1,075 at Knowlton Woods Apartments.

What is the most affordable Deerfield Three Bedroom Apartment?

The best deal on a cheap Deerfield Three Bedroom Apartment rental is at School Street Apartments and starts from $1,300.

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.