The values of optical deformation potentials (D u and D d ) for PbSe and PbTe are analyzed using absorption, luminescence and x-ray diffraction data on high quality, deep quantum well PbSe/ PbSrSe and PbTe/ PbEuTe structures. Published optical data on PbTe/ BaF 2 structures were also used. It is important for these evaluations to use the value of isotropic deformation potential ͑D iso ͒ which is determined from the low temperature hydrostatic pressure experiments and the intervalley splitting which was determined from differential absorption spectroscopy. The fitting procedure was done using an accurate k · p model for the band structure near the fundamental gap including anisotropy, multivalley, and band nonparabolicity effects. Photoluminescence was measured in pulsed mode at 4 and 77 K, which gives the lowest energy state in the rectangular well. The strain and well parameters were measured with a high resolution x-ray diffractometer. We find the new optical deformation potential values at low temperatures: D u = −0.2 and −0.5 eV, and D d = 5.3 and 3.5 eV for PbSe and PbTe, respectively.