Recently I deployed a django application to WebFaction (this blog!). While this wasn't the first app I've deployed there, I did forget a few steps along the way which required a bit of research and experimentation on my part. To avoid this in the future, I've documented the steps I took to deploy the app here.
I'm going to assume that you have a django app working for you locally. If you don't have one, feel free to use this sample project available for download in bitbucket.