7

Newest Homes for Rent in Deerfield, WI

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  • /9

    $1,090 Per Month

    • 2 Beds
    • 1 Bath
    • 894 Sq Ft
    • Apartment for Rent

    309 N Main St, Deerfield, WI 53531

    YOUR CAT IS WELCOME! AVAILABLE NOW! - Clean cozy 2-Bedroom Upper Flat – All Utilities Included! Come home to this charming and cozy 2-bedroom, 1-bath upper flat. Features Include: - Spacious living room with many windows for natural light - 2 good-sized bedrooms - Full bathroom - New stainless steel refrigerator and gas stove - A/C - Off-street parking included 1 spayed or neutered cat is

    Troy Eickhoff Howard and Williams, INC.-Mdlt

    309 N Main St, Deerfield, WI 53531
  • /10

    Starting at $1,400 Per Month

    • 2 - 3 Beds

    600 S Main St, Deerfield, WI 53531

    The apartment has 2 bedrooms and 1 bathroom, located in Deerfield, WI. Featuring shared laundry in the basement and off-street parking. Additional storage lockers located in the basement. We allow up to two animals for a monthly fee. Available NOW! First month rent free!

    600 S Main St, Deerfield, WI 53531
  • /18

    Starting at $1,350 Per Month

    • 2 Beds

    11 Simonson Blvd, Deerfield, WI 53531

    The apartment has 2 bedrooms and 1 bathroom, located in Deerfield, WI. Featuring shared laundry in the basement and off-street parking. We allow up to two animals for a monthly fee. Available NOW! First month rent free!

    11 Simonson Blvd, Deerfield, WI 53531
  • /9

    Starting at $1,350 Per Month

    • 2 Beds

    512 S Main St, Deerfield, WI 53531

    2-bedroom, 1-bathroom apartment located in Deerfield, WI. This unit features a dishwasher and an over-the-range microwave, along with a fridge and stove. We offer in-unit laundry and convenient off-street parking.

    512 S Main St, Deerfield, WI 53531

Frequently Asked Questions

How much does it cost to rent a home in Deerfield, WI?
The median rent for a home in Deerfield, WI is $1,845 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Deerfield, WI?
To comfortably afford the median rent in Deerfield, WI, a household needs to earn roughly $73,800 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 $1,845 per month in Deerfield, WI, renters typically need to show $5,535 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, WI?
In Deerfield, WI, the price-to-rent ratio is 18.5, 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, WI are best for renting a home?
The best neighborhood for renting in Deerfield, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Old Village, Ridgewood, Northeastern Sun Prairie, Downtown Madison and Greenbush, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,845
Median Single Family Home Rent
$1,845
How to Rent a Home