Cheap Apartments for Rent in Deerfield, IL from $400 (7 Rentals)

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

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Pinetree Apartments
1 to 2 Bedroom Apartments

Pinetree Apartments

933-951 Waukegan RdDeerfield, IL 60015
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Crestwood Place
Studio to 2 Bedroom Apartments

Crestwood Place

1000 Waukegan RdNorthbrook, IL 60062
Senior Living
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Rivertrail Apartments
1 to 2 Bedroom Apartments

Rivertrail Apartments

515-519 S Milwaukee AveWheeling, IL 60090
  • Utilities Included
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Park Townhomes
1 Bedroom Apartments

Park Townhomes

1900 Green Bay RdHighland Park, IL 60035
  • Utilities Included

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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1660 Green Bay Road
Studio to 1 Bedroom Apartments

1660 Green Bay Road

1660 Green Bay RdHighland Park, IL 60035
  • Utilities Included

Deerfield, IL Local Guide

Cheapest Available Deerfield Apartments for Rent

 

The cheapest available apartment rental in Deerfield, IL is a 1 Bed unit found at Woodview Apartments in the Briergate Station neighborhood priced from $1,781. Albion Highland Park in the Briergate Station neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,040. Here is today’s list of the most affordable Deerfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodview ApartmentsB11BR,1BA$1,781
Albion Highland ParkS6 - WestStudio,1BA$2,040
TGM NorthShoreA21BR,1BA$2,149

Best Value Apartments for Rent in Deerfield, IL

As of April 28, 2025 the best value apartment in the Deerfield area is the $3.67 price per square foot C25 - West Model at Albion Highland Park in the in the Briergate Station neighborhood starting from $4,475. The second greatest value Deerfield apartment is the 696 Elm Pl Model at 696 Elm Pl, Unit A02C starting at $2,395 with a $2.40 price per square foot in the Briergate Station 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.
Albion Highland ParkC25 - West2BR,2BA$3.67
696 Elm Pl, Unit A02C696 Elm Pl2BR,2BA$2.40
Woodview ApartmentsC11BR,1BA$2.76
696 Elm Pl, Unit 207696 Elm PlStudio ,1BA$2.21
TGM NorthShoreA21BR,1BA$3.22

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

Explore Deerfield, IL Rentals by Map

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Getting Around Deerfield, IL

Walk Score®

55 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Deerfield Apartments

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

The lowest price for a Cheap One Bedroom Deerfield Apartment is $1,781 at Woodview 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 $2,559 at TGM NorthShore.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.