
Cheap Homes for Rent near Deerwood, MN from $650 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Deerwood.


17193 Lisa Ct

702 Main St

911 2nd Ave NE
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.

1115 6th Ave NE

625 Iowa Ave NE

30917 S Oak St

10490 US-169
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.
Deerwood, MN Local Guide

How much does it cost to rent a home in Deerwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deerwood 2 Bedroom Homes for Rent | $1,383 | $930 | $2,245 |
| Deerwood 3 Bedroom Homes for Rent | $1,900 | $1,135 | $3,299 |
| Deerwood 4 Bedroom Homes for Rent | $3,119 | $1,850 | $4,000 |
| Deerwood 5 Bedroom Homes for Rent | $2,920 | $2,545 | $3,295 |
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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 $727. Crosby Country Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. 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 | $727 |
| Crosby Country Apartments | Studio | 1BR,1BA | $815 |
| Bonneywoode Arms Apartments | 2 Bed | 2BR,1BA | $850 |
Best Value Apartments for Rent in Deerwood, MN and Nearby
As of August 25, 2026 the best value apartment in the Deerwood area is the $1.74 price per square foot 2 Bed Townhome 1 Level Model at Pine Grove Estates in the starting from $1,915. The second greatest value Deerwood apartment is the Open Concept Model at 555 Highway 23 E starting at $1,650 with a $1.50 price per square foot in the Mille Lacs County 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 | 2 Bed Townhome 1 Level | 2BR,1BA | $1.74 |
| 555 Highway 23 E | Open Concept | 2BR,1BA | $1.50 |
| Town & Country | 2 Bed 1 Bath | 2BR,1BA | $0.99 |
| Mainstreeter Apartment Homes | 2B2B A | 2BR,2BA | $1.52 |
| Berrywood Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1.52 |
| Northridge Apartments | 1 Bedroom, 1 Bathroom -B | 1BR,1BA | $1.44 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
| Crosby Country Apartments | Studio | 1BR,1BA | $2.69 |
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 ArticleReal 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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Frequently Asked Questions about Deerwood
What type of rentals are currently available in Deerwood?
There are currently 36 Apartments for Rent in Deerwood, MN with pricing that ranges from $727 to $2,495. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deerwood ranging from $650 to $4,000.
What is the current price range for Rental Homes in Deerwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Deerwood ranges from $650 to $4,000 with an average monthly rent of $2,120.
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

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.