
Cheap Apartments for Rent in Savoy, IL from $300 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Savoy.


617 W Springfield Ave

906 S Locust St

The Courtyard on Randolph

Colony West
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.

Midtown Center

1407 S State St

Lincolnshire West
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.
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.
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.
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

How much does it cost to rent an apartment in Savoy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Savoy Studio Apartments | $1,351 | $765 | $1,939 |
| Cheap Savoy 1 Bedroom Apartments | $1,464 | $675 | $2,049 |
| Cheap Savoy 2 Bedroom Apartments | $1,248 | $900 | $1,800 |
| Cheap Savoy 3 Bedroom Apartments | $1,258 | $895 | $2,200 |
| Cheap Savoy 4 Bedroom Apartments | $1,135 | $805 | $3,300 |
Browse Top Apartments in Savoy
See all Apartments in SavoyExplore Savoy
Savoy, IL Local Guide
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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. 107 E Springfield in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $649. 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 |
| 107 E Springfield | 2-bedroom close to Scott Park! Text to tour 217... | 2BR,1BA | $649 |
| 1002SEC | Fall 2026 Leasing – 4-Bedroom, 2-Bath | 4BR,2BA | $658 |
| 105 E John St | One Bedroom | 1BR,1BA | $675 |
| 58 E Healey | 58 E Healey - 310 | 1BR,1BA | $825 |
| 110 E John St. | 1 Bedroom | 1BR,1BA | $875 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $900 |
| 608 S State Street | 608 S State Street - B | 1BR,1BA | $950 |
Best Value Apartments for Rent in Savoy, IL
As of October 27, 2025 the best value apartment in the Savoy area is the $1.00 price per square foot 2517 Leeper Dr Model at Southwest Apartments in the starting from $1,200. The second greatest value Savoy apartment is the 3 Bed, 2 Bath @ John & First St. Model at 59JOH starting at $435 with a $0.42 price per square foot in the Downtown Champaign neighborhood. 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. |
|---|---|---|---|
| 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 |
| Kobuck Apartments | 1202 Wesley Ave 2bd/1ba | 2BR,1BA | $1.29 |
| 112 E. Green St by Bankier Apartments | 2 Bed 1 Bath - X Large | 2BR,1BA | $1.08 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.06 |
| Lancaster Apartments | 3x1 | 3BR,1BA | $1.18 |
| Maywood Apartments | 2x1 | 2BR,1BA | $1.30 |
| 1008 S. 4th | B3 | 2BR,2BA | $1.56 |
| 107 E Springfield | 2-bedroom close to Scott Park! Text to tour 217... | 2BR,1BA | $1.12 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
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
How much is rent for a Cheap One Bedroom Savoy Apartment?
The lowest price for a Cheap One Bedroom Savoy Apartment is $675 at 105 E John St.
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 $649 at 107 E Springfield.
What is the most affordable Savoy Three Bedroom Apartment?
The best deal on a cheap Savoy Three Bedroom Apartment rental is at The Courtyard on Randolph and starts from $950.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.









































