6

Studio Apartments for Rent in Deerfield, IL

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    Starting at $1,547

    Total Monthly Price

    • Studio - 3 Beds

    400 Spring Cress Rd, Deerfield, IL 60015

    Springs at Lake Cook Crossing is a gated, garden-style apartment community in Deerfield, Illinois, along the Lake Cook Road Corridor on the North Shore, with walkable access to the Lake Cook Metra station. Residents enjoy private entry living with an in-home washer/dryer, a private balcony or patio, and a professional onsite team. Springs at Lake Cook Crossing offers studio, one, two, and three

    Springs at Lake Cook Crossing

    400 Spring Cress Rd, Deerfield, IL 60015
  • /31

    Starting at $2,086

    Total Monthly Price

    • Studio - 2 Beds

    1525 Lake Cook Rd, Deerfield, IL 60015

    Our luxury Deerfield apartments are the perfect mix of lively city and peaceful suburbia. These centrally-located North Shore apartments are just minutes from the expansive green spaces along the Des Plaines River and the Chicago Botanic Gardens, not to mention the sandy shores of Lake Michigan. The nearby Metra Rail Orange Line promises easy and convenient access to Downtown Chicago whenever you

    AMLI Deerfield

    1525 Lake Cook Rd, Deerfield, IL 60015

Why Live in Deerfield

Deerfield, Illinois, is a vibrant North Shore community located less than 6 miles from Lake Michigan, offering residents a blend of suburban tranquility and convenient access to Chicago, which is about 28 miles south. The village is home to approximately 19,000 residents and notable employers like Walgreens and Baxter. Deerfield boasts excellent schools, including Deerfield Public School District 109 and Township High School District 113, with Deerfield High School earning National Blue Ribbon recognition in 2022. Housing options are diverse, ranging from Colonial Revivals and split-levels to custom-built homes in neighborhoods like Woodland and Briarwood. Townhomes and condos are also available in communities such as Manor Homes of Deerfield. Residents enjoy numerous parks, with Jewett Park offering walking paths, a skatepark, playground, and baseball diamond, while Jaycee Memorial Park features a dog park and Floral Park’s Mitchell Pool is open seasonally. Deerfield Square serves as the village’s downtown, hosting events and festivals, and providing dining and shopping options, including a Whole Foods Market. Deerbrook Shopping Center and Northbrook Court offer additional retail and dining choices. Community events like Deerfield Family Days, the Farmers Market, and Harvest Fest foster a strong sense of community. Transportation is facilitated by thoroughfares like Waukegan, Deerfield, and Lake Cook roads, two Metra stations, and limited Pace bus services.

Frequently Asked Questions

How much does it cost to rent a home in Deerfield, IL?
The median rent for a home in Deerfield, IL is $3,150 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Deerfield, IL?
To comfortably afford the median rent in Deerfield, IL, a household needs to earn roughly $126,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,150 per month in Deerfield, IL, renters typically need to show $9,450 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Deerfield, IL?
In Deerfield, IL, the price-to-rent ratio is 16.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Deerfield, IL are best for renting a home?
The best neighborhood for renting in Deerfield, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Edgewater, River North and East Highland Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$3,150
Median Single Family Home Rent
$3,390
Median Townhouse Rent
$2,650
Median Condo Rent
$2,045
How to Rent a Home