Cheap Homes for Rent in Deerfield Park Neighborhood of Deerfield, IL from $1,600 (2 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in the Deerfield Park area of Deerfield.

property at 15 Parkway N

15 Parkway N

DeerfieldIL60015

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

Deerfield Park, Deerfield, IL Local Guide

Best Value Apartments for Rent in Deerfield Park, IL

As of April 08, 2025 the best value apartment in the Deerfield Park area is the $2.60 price per square foot Georgian Model at Northgate Crossing of Wheeling in the in the McHenry Road neighborhood starting from $2,300. The second greatest value Deerfield Park apartment is the The Adler (S2) Model at Uptown 500 starting at $1,905 with a $2.65 price per square foot in the McHenry Road neighborhood. Here is today’s list of the best values for Deerfield Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Northgate Crossing of WheelingGeorgian1BR,1BA$2.60
Uptown 500The Adler (S2)Studio ,1BA$2.65
Woodview ApartmentsB11BR,1BA$2.94
The Green at Chevy ChaseDoral1BR,1BA$2.79
Arrive North ShoreAshland1BR,1BA$3.35
AMLI DeerfieldE1Studio ,1BA$3.83

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Deerfield Park

What type of rentals are currently available in Deerfield Park?

There are currently 11 Apartments for Rent in Deerfield Park, IL with pricing that ranges from $1,575 to $6,810. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deerfield Park ranging from $1,600 to $3,995.

What is the current price range for Rental Homes in Deerfield Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Deerfield Park ranges from $1,600 to $3,995 with an average monthly rent of $2,925.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.