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Cheap Apartments for Rent in Savoy, IL from $300 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Savoy.
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Rent Specials
$700 - $1,390Studio to 4 Bedroom Apartments Available Aug 8, 2026
906 S Locust St
906 S Locust StChampaign, IL 61820
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$900 - $9502 to 3 Bedroom Apartments Available Now
The Courtyard on Randolph
713-717 S Randolph StChampaign, IL 61820
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712 S State St
ChampaignIL61820
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$1,025 - $1,3252 Bedroom Apartments Contact Us For Availability
Colony West
31 Colony West DrChampaign, IL 61820
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$1,025 - $1,4501 to 3 Bedroom Apartments Contact Us For Availability
Midtown Center
303 W Green StChampaign, IL 61820
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$1,0501 Bedroom Apartments Available Aug 10, 2026
312 W Springfield Ave
312 W Springfield AveChampaign, IL 61820
2510 Myers Ct
ChampaignIL61822
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Savoy, IL Local Guide
Farmside in the winter by Justin Meissen is licensed under CC BY 2.0
How much does it cost to rent an apartment in Savoy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Savoy Studio Apartments | $1,274 | $700 | $1,939 |
| Cheap Savoy 1 Bedroom Apartments | $1,397 | $910 | $2,049 |
| Cheap Savoy 2 Bedroom Apartments | $1,327 | $625 | $2,600 |
| Cheap Savoy 3 Bedroom Apartments | $1,321 | $575 | $3,000 |
| Cheap Savoy 4 Bedroom Apartments | $1,513 | $835 | $3,800 |
Browse Top Apartments in Savoy
See all Apartments in SavoyExplore Savoy
Savoy, IL Local Guide
- Nearby Cities
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Cheapest Available Savoy Apartments for Rent
The cheapest available apartment rental in Savoy, IL is a 4 Beds unit found at 305JOH in the Downtown Champaign neighborhood priced from $499. THE ALCOVE @ SECOND & JOHN in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $575. Here is today’s list of the most affordable Savoy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 305JOH | Spacious 4 Bed/3 Bath Apartment on the corner o... | 4BR,3BA | $499 |
| THE ALCOVE @ SECOND & JOHN | 3 Bedroom 1 Bath | 3BR,1BA | $575 |
| 1002SEC | Fall 2026 Leasing – 4-Bedroom, 2-Bath | 4BR,2BA | $658 |
| 58 E Healey | 58 E Healey - 310 | 1BR,1BA | $825 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $900 |
| 608 S State Street | 608 S State Street - B | 1BR,1BA | $950 |
| West Quad | 4BR/4BA - Terrace Deluxe | 4BR,4BA | $1,004 |
| 608 E Chalmers | Fall lease, four bed four bath apartment in Qua... | 4BR,4BA | $1,060 |
Best Value Apartments for Rent in Savoy, IL
As of December 12, 2025 the best value apartment in the Savoy area is the $0.97 price per square foot 3 or 4 Bedrooms Model at 605 S Prairie St in the in the Downtown Champaign neighborhood starting from $1,750. The second greatest value Savoy apartment is the 2517 Leeper Dr Model at Southwest Apartments starting at $1,200 with a $1.00 price per square foot . Here is today’s list of the best values for Savoy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 605 S Prairie St | 3 or 4 Bedrooms | 3BR,2BA | $0.97 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| 59JOH | 3 Bed, 2 Bath @ John & First St. | 3BR,2BA | $0.42 |
| 702 W Green St, Unit 3 | 702 W Green St | 3BR,1BA | $1.00 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.06 |
| Sterling on First | 2x2 Chrome | 2BR,2BA | $1.60 |
| Lancaster Apartments | 3x1 | 3BR,1BA | $1.19 |
| Maywood Apartments | 2x1 | 2BR,1BA | $1.30 |
| 1008 S. 4th | B3 | 2BR,2BA | $1.56 |
| THE ALCOVE @ SECOND & JOHN | 1 Bedroom 1 Bath | 1BR,1BA | $1.73 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Savoy, IL Rentals by Map
See the most popular apartments and homes in Savoy, IL
Getting Around Savoy, IL
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Savoy Apartments
What is the lowest price for a Cheap Two Bedroom Savoy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Savoy is starting from $625 at THE ALCOVE @ SECOND & JOHN.
What is the most affordable Savoy Three Bedroom Apartment?
The best deal on a cheap Savoy Three Bedroom Apartment rental is at THE ALCOVE @ SECOND & JOHN and starts from $575.
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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.