Cheap Apartments for Rent in Deerwood, MN from $600 (24 Rentals)

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

property at 608 Norwood St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

Studio, 1 Bath Home for Rent

Available Jul 7

608 Norwood St

BrainerdMN56401
property at 6 W Main St

$685

Total Monthly Price

Total Monthly Price

Base Rent
$685

Total Monthly Price
$685

1 Bedroom, 1 Bath Home for Rent

Available Now

6 W Main St

CrosbyMN56441
property at 416 D St NE

$785

Total Monthly Price

Total Monthly Price

Base Rent
$785

Total Monthly Price
$785

2 Bedroom, 1 Bath Home for Rent

Available Jul 3

416 D St NE

BrainerdMN56401

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.

property at 922 Broadway St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Jul 7

922 Broadway St

BrainerdMN56401
property at 409 Meadow Dr

$995

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Condo for Rent

Available Now

409 Meadow Dr, Unit #1, Unit #1

409 Meadow Dr
McGregorMN55760

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.

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Avonlea Apartments
1 to 2 Bedroom Apartments

Avonlea Apartments

1301 5th Ave SELittle Falls, MN 56345
  • Utilities Included
property at 1819 Norwood St

$855

Total Monthly Price

Total Monthly Price

Base Rent
$855

Total Monthly Price
$855

3 Bedroom, 1 Bath Home for Rent

Available Jul 24

1819 Norwood St

BrainerdMN56401
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Eastwood Apartments
1 to 3 Bedroom Apartments

Eastwood Apartments

956 Highway 10 SMotley, MN 56466
  • Utilities Included
property at 1320 Oak St

$960

Total Monthly Price

Total Monthly Price

Base Rent
$960

Total Monthly Price
$960

2 Bedroom, 1 Bath Home for Rent

Available Jul 6

1320 Oak St

BrainerdMN56401
property at 2476 76th St SW

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

2476 76th St SW

Pequot LakesMN56472

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.

Deerwood, MN Local Guide

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 $727. Bonneywoode Arms Apartments in the Downtown Brainerd neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Deerwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oakcrest Manor Apartments1 Bedroom1BR,1BA$727
Bonneywoode Arms Apartments2 Bed2BR,1BA$795
Crosby Country ApartmentsStudio Large1BR,1BA$865
Northridge Apartments1 Bedroom, 1 Bathroom -B1BR,1BA$960
Trail Ridge3 bedroom3BR,1BA$1,020

Best Value Apartments for Rent in Deerwood, MN and Nearby

As of May 21, 2026 the best value apartment in the Deerwood area is the $0.78 price per square foot 3 bedroom Model at Trail Ridge in the in the Downtown Brainerd neighborhood starting from $1,020. The second greatest value Deerwood apartment is the 2 Bed Townhome 1 Level Model at Pine Grove Estates starting at $1,950 with a $1.77 price per square foot . Here is today’s list of the best values for Deerwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Trail Ridge3 bedroom3BR,1.5BA$0.78
Pine Grove Estates2 Bed Townhome 1 Level2BR,1BA$1.77
Marsh Run Townhomes2 Bedroom 2 Bath2BR,2BA$1.45
Mainstreeter Apartment Homes2B2B A2BR,2BA$1.47
2nd Ave ApartmentsB.3 (+DEN)1BR,1BA$1.56
Cedar Street Complex2 Bedroom2BR,1BA$1.56
Northridge Apartments1 Bedroom, 1 Bathroom -B1BR,1BA$1.44
Oakcrest Manor Apartments1 Bedroom1BR,1BA$1.17
Crosby Country ApartmentsOne Bedroom1BR,1BA$2.65

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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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.

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

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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 $727 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 $795 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 Trail Ridge and starts from $1,020.

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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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.

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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.

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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.