Deerfield Town, Illinois Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Deerfield Town, Illinois rental market.

Deerfield Town, Illinois

Average Apartment Rent

$2,716

Y-o-Y Change in Average
Apartment Rent

Infinity%

As of May 2026

Compared to a year ago, Deerfield Town, Illinois apartments have recorded a Infinity% rent increase.

Deerfield Town, Illinois Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Deerfield $2,440 $2,504 $2,508 $2,573 $2,646 $2,698 $2,744 $2,670 $2,633
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Deerfield
National
Jul 2023
$2,440
$1,741
Nov 2023
$2,504
$1,732
Mar 2024
$2,508
$1,736
Jul 2024
$2,573
$1,756
Nov 2024
$2,646
$1,749
Mar 2025
$2,698
$1,755
Jul 2025
$2,744
$1,767
Nov 2025
$2,670
$1,753
Mar 2026
$2,633
$1,750

Deerfield Town, Illinois Average Apartment Rent

Deerfield Town, Illinois Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 39.6%, apartments priced $2,000 - $2,500 represent the bulk of Deerfield Town, Illinois rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 5.26%.

Deerfield Town, Illinois Housing tenure**

Renter occupied housing units 1,411
Owner occupied housing units 5,947

Renters take up 19% of Deerfield Town, Illinois real estate, occupying a total of 1,411 units, while homeowners live in 5,947 properties.

Median number of rooms of renter-occupied housing units**

3.8

Renter median household income**

$99,375

Average household size of renter-occupied housing units**

2.05

Deerfield Town, Illinois Renter-occupied housing units by no. of bedrooms**

No bedrooms 16
1 bed 397
2 beds 585
3 beds 322
4 beds 51
5 or more beds 40

There are 585 rentals in Deerfield Town, Illinois with 2 beds making up the highest share of the market, at 41%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 16 units. Overall, the median number of rooms in Deerfield Town, Illinois homes for rent is 3.8.

Deerfield Town, Illinois Renter-occupied units by age of householder**

15 - 24 years 94
25 - 34 years 152
35 - 44 years 258
45 - 54 years 328
55 - 59 years 140
60 - 64 years 30
65 - 74 years 173
75 - 84 years 81
85 years and over 155

Most condos for rent in Deerfield Town, Illinois are occupied by residents in the 45 - 54 years age group (23%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.

Deerfield Town, Illinois Renter-occupied housing units by family type**

Family households 755
Non-Family Households 656

Deerfield Town, Illinois Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 317
No related children of the householder under 18 1,094

A total of 755 apartments for rent in Deerfield Town, Illinois, or 54% of all rentals are family households. Additionally, 22% of rental homes include children under the age of 18 – that’s 317 units. All in all, the median size of a renter-occupied household in Deerfield Town, Illinois is 2.05.

Deerfield Town, Illinois Renter-occupied housing units by educational attainment**

Less than high school graduate 45
High school graduate (including equivalency) 81
Some college or associate's degree 210
Bachelor's degree or higher 1,075

In terms of education, renters holding bachelor degrees or higher make up 76% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Deerfield Town, Illinois.

Deerfield Town, Illinois Renter-occupied units by year structure built**

Built 2010 - 2019 613
Built 2000 - 2009 49
Built 1990 - 1999 162
Built 1980 - 1989 136
Built 1970 - 1979 172
Built 1960 - 1969 98
Built 1950 - 1959 117
Built 1940 - 1949 33
Built 1939 or earlier 31

The highest share of Deerfield Town, Illinois apartment rentals, namely 43% or 613 units, were Built 2010 - 2019, followed by those Built 1970 - 1979 (12%, 172 units), and the ones Built 1990 - 1999 (11%, 162 units).

Deerfield Town, Illinois Renter-occupied units by year householder moved in**

Moved in 2021 or later 162
Moved in 2018 to 2020 487
Moved in 2010 to 2017 575
Moved in 2000 to 2009 127
Moved in 1990 to 1999 48
Moved in 1989 or earlier 12

Median year renter moved into unit 2017

Most Deerfield Town, Illinois renters (41%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Deerfield Town, Illinois condos for rent is 2017.

Deerfield Town, Illinois Renter-occupied housing units by vehicles available**

No vehicle available 209
1 vehicle available 603
2 vehicles available 506
3 vehicles available 76
5 or more vehicles available 17

When it comes to transportation options, 43% of Deerfield Town, Illinois renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 15% have No vehicle available.

Deerfield Town, Illinois Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,034
Car, truck, or van - carpooled 51
Public transportation (excluding taxicab) 30
Walked 14
Taxicab, motorcycle, bicycle, or other means 67
Worked at home 318

Deerfield Town, Illinois Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,946
Moved within same county 203
Moved from different county within same state 110
Moved from different state 586
Moved from abroad 48

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Deerfield Town, Illinois apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

Check out rentals available in Deerfield Town, Illinois