Cheap Apartments for Rent in Deerwood, MN from $500 (10 Rentals)

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

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.

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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.

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Deerwood, MN Local Guide

Cheapest Available Deerwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Deerwood, MN is a 2 Beds unit found at Bonneywoode Arms Apartments in the Downtown Brainerd neighborhood priced from $700. Oakcrest Manor Apartments in the Downtown Brainerd neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Deerwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bonneywoode Arms Apartments2 Bed2BR,1BA$700
Oakcrest Manor Apartments1 Bedroom1BR,1BA$700
Avonlea Apartments1 Bedroom1BR,1BA$725

Best Value Apartments for Rent in Deerwood, MN and Nearby

As of June 29, 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 T Model at Pinehurst Apartments starting at $1,750 with a $1.66 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pine Grove Estates3 Bed 2.5 Bath Townhomes3BR,2.5BA$1.58
Pinehurst ApartmentsT2BR,2BA$1.66
Marsh Run TownhomesTwo-Bedroom2BR,1.5BA$1.39
Northern Lakes Senior LivingOne Bedroom1BR,1BA$1.42
Cedar Street Complex2 Bedroom2BR,1BA$1.28
Cypress Court ApartmentsA1BR,1BA$1.52
2nd Ave ApartmentsB.21BR,1BA$1.50
Oakcrest Manor Apartments1 Bedroom1BR,1BA$1.12
Berrywood ApartmentsBerrywood Apts1BR,1BA$1.67
Avonlea Apartments1 Bedroom1BR,1BA$1.26

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

Explore Deerwood, MN Rentals by Map

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See the most popular apartments and homes in Deerwood, MN

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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.

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.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.