Cheap Homes for Rent in Savanna, IL from $500 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in Savanna.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Savanna, IL Local Guide

Cheapest Available Savanna Apartments for Rent and Nearby

 

The cheapest available apartment rental in Savanna, IL is a 1 Bed unit found at Jersey Meadows in the North Side neighborhood priced from $563. Northland Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Savanna apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jersey MeadowsOne Bedroom Large (Top Floor)1BR,1BA$563
Northland Park ApartmentsStudioStudio,1BA$625
PARK RUN APARTMENTS1 Bed 1 Bath1BR,1BA$645
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$669
Village at Sheridan MeadowsStudio - Phase 2Studio,1BA$750

Best Value Apartments for Rent in Savanna, IL and Nearby

As of July 22, 2026 the best value apartment in the Savanna area is the $0.67 price per square foot 3 BED 1 BATH Model at MEADOWS OF LUKE RIDGE in the starting from $757. The second greatest value Savanna apartment is the Apt 4 Model at 1182 Locust St starting at $925 with a $0.93 price per square foot . Here is today’s list of the best values for Savanna apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MEADOWS OF LUKE RIDGE3 BED 1 BATH3BR,1BA$0.67
1182 Locust StApt 41BR,1BA$0.93
Cottage Bluff Apartments2-Bedroom2BR,1BA$1.10
Riverside Apartments and TownhomesTwo Bed, One Bath Townhome2BR,1BA$1.03
Dixon River Apartments2BD/2BA2BR,1BA$0.92
Cross Creek1 x 11BR,1BA$1.11
Maplewood Glen1 Bed 1 Bath1BR,1BA$1.17
PARK RUN APARTMENTS1 Bed 1 Bath1BR,1BA$0.93
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$1.12
Jersey MeadowsOne Bedroom Large (Top Floor)1BR,1BA$0.95

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Savanna

What type of rentals are currently available in Savanna?

There are currently 57 Apartments for Rent in Savanna, IL with pricing that ranges from $592 to $4,990. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Savanna ranging from $528 to $1,750.

What is the current price range for Rental Homes in Savanna?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Savanna ranges from $528 to $1,750 with an average monthly rent of $1,213.

How much are larger Three and Four Bedroom Rentals in Savanna?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Savanna range from $910 to $4,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from $528 to $1,750. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $2,025.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.