
Cheap Homes for Rent in Deerwood, MN from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Deerwood.


115 1st St W, Unit 2

19827 Town D-68

12052 River Rd

1404 Norwood St

220 Winona Ave

12531 MN-115

507 1st St NE

250 5th Ave SE

605 4th St NE
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 | $1,751 | $1,200 | $2,300 |
Deerwood 3 Bedroom Homes for Rent | $2,028 | $1,200 | $4,500 |
Deerwood 4 Bedroom Homes for Rent | $2,383 | $2,250 | $2,500 |
Deerwood 6 Bedroom Homes for Rent | $1,550 | $1,550 | $1,550 |
Browse Top Homes for Rent in Deerwood
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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 2 Beds unit found at Bonneywoode Arms Apartments in the Downtown Brainerd neighborhood priced from $695. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bonneywoode Arms Apartments | 2 Bed | 2BR,1BA | $695 |
Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $700 |
Avonlea Apartments | 1 Bedroom | 1BR,1BA | $725 |
Best Value Apartments for Rent in Deerwood, MN and Nearby
As of March 25, 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 in the Downtown Brainerd neighborhood 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pine Grove Estates | 3 Bed 2.5 Bath Townhomes | 3BR,2.5BA | $1.58 |
Pinehurst Apartments | T | 2BR,2BA | $1.66 |
The Flats on 14th | Two Bedroom Two Bathroom | 2BR,2BA | $1.48 |
Milaca Apartments | 2B/1B | 2BR,1BA | $0.99 |
431 Central AVE W, Unit 202 | 431 Central AVE W | 2BR,1BA | $1.34 |
Northern Lakes Senior Living | One Bedroom | 1BR,1BA | $1.42 |
2nd Ave Apartments | B.1 | 1BR,1BA | $1.50 |
Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $1.12 |
Berrywood Apartments | Berrywood Apts | 1BR,1BA | $1.54 |
Avonlea Apartments | 1 Bedroom | 1BR,1BA | $1.26 |
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Frequently Asked Questions about Deerwood
What type of rentals are currently available in Deerwood?
There are currently 34 Apartments for Rent in Deerwood, MN with pricing that ranges from $685 to $2,320. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deerwood ranging from $600 to $4,500.
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 $600 to $4,500 with an average monthly rent of $1,818.
How much are larger Three and Four Bedroom Rentals in Deerwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Deerwood range from $900 to $2,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $1,250.
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.

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.

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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.