Cheap Apartments for Rent in Deerwood, MN from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Deerwood.

110 Central Ave S, Unit 201

Colonywood

Bonneywoode Arms Apartments

Oakcrest Manor Apartments

435 3rd Ave SE, Unit 2
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.

Mainstreeter Apartments

CROSBY COUNTRY APARTMENTS

Milaca Apartments

16576 Co Rd 3

Northridge Apartments
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.

Cardinal Pines Apartment Homes

The Flats on 14th

Berrywood Apartments

1409 Norwood St

312 5th St SE

211 4th Ave NE
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Deerwood, MN Local Guide

How much does it cost to rent an apartment in Deerwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Deerwood Studio Apartments | $913 | $735 | $1,175 |
Deerwood 1 Bedroom Apartments | $1,156 | $685 | $1,590 |
Deerwood 2 Bedroom Apartments | $1,348 | $700 | $2,112 |
Deerwood 3 Bedroom Apartments | $1,585 | $900 | $2,320 |
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Deerwood, MN Local Guide
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Cheapest Available Deerwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Deerwood, MN is a 1 Bed unit found at Oakcrest Manor Apartments in the Downtown Brainerd neighborhood priced from $700. Bonneywoode Arms Apartments in the Downtown Brainerd neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Deerwood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $700 |
Bonneywoode Arms Apartments | 2 Bed | 2BR,1BA | $700 |
CROSBY COUNTRY APARTMENTS | Lg Studio | Studio,1BA | $845 |
Berrywood Apartments | Berrywood Apts | 1BR,1BA | $1,000 |
Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1,012 |
Best Value Apartments for Rent in Deerwood, MN and Nearby
As of July 30, 2025 the best value apartment in the Deerwood area is the $1.58 price per square foot 3 Bed 2.5 Bath Townhomes Model at Pine Grove Estates in the starting from $2,320. The second greatest value Deerwood apartment is the Three-Bedroom Model at Marsh Run Townhomes starting at $1,470 with a $1.39 price per square foot in the Downtown Brainerd neighborhood. Here is today’s list of the best values for Deerwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pine Grove Estates | 3 Bed 2.5 Bath Townhomes | 3BR,2.5BA | $1.58 |
Marsh Run Townhomes | Three-Bedroom | 3BR,1.5BA | $1.39 |
Northern Lakes Senior Living | One Bedroom | 1BR,1BA | $1.42 |
Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1.28 |
2nd Ave Apartments | B.1 | 1BR,1BA | $1.57 |
Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $1.12 |
Berrywood Apartments | Berrywood Apts | 1BR,1BA | $1.67 |
CROSBY COUNTRY APARTMENTS | Lg Studio | Studio ,1BA | $2.57 |
Quick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Deerwood, MN
Walk Score®
10 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Deerwood Apartments
How much is rent for a Cheap One Bedroom Deerwood Apartment?
The lowest price for a Cheap One Bedroom Deerwood Apartment is $700 at Oakcrest Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Deerwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Deerwood is starting from $700 at Bonneywoode Arms Apartments.
What is the most affordable Deerwood Three Bedroom Apartment?
The best deal on a cheap Deerwood Three Bedroom Apartment rental is at Marsh Run Townhomes and starts from $1,470.
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.

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.

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.

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.

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.