Cheap Apartments for Rent in Savoy, IL from $300 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Savoy.

906 Hartwell Dr

Southwest Apartments

The Courtyard on Randolph

608 E Chalmers
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.

Colony West

Midtown Center

Lincolnshire West
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.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,260 | $765 | $1,600 |
Cheap Savoy 1 Bedroom Apartments | $1,429 | $795 | $1,999 |
Cheap Savoy 2 Bedroom Apartments | $1,244 | $895 | $2,500 |
Cheap Savoy 3 Bedroom Apartments | $1,262 | $950 | $2,100 |
Cheap Savoy 4 Bedroom Apartments | $1,068 | $780 | $3,300 |
Browse Top Apartments in Savoy
See all Apartments in SavoyExplore Savoy
Savoy, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $455. 1002SEC in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $567. Here is today’s list of the most affordable Savoy apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
305JOH | 305 John 4 Bedroom | 4BR,3BA | $455 |
1002SEC | 4 Bed, 2 Bath on Frat Park | 4BR,2BA | $567 |
202 E Chalmers | IMMEDIATE MOVE IN - Individual Lease in a 4x3! ... | 4BR,3BA | $670 |
Southwest Apartments | 1902 Karen Ct | 1BR,1BA | $795 |
The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $900 |
Kobuck Apartments | 1206 Wesley Ave 1bd/1ba | 1BR,1BA | $910 |
West Quad | 4BR/4BA - Terrace Deluxe | 4BR,4BA | $999 |
Lincolnshire West | 2 Bedroom Upper Standard | 2BR,1BA | $1,040 |
Hub Champaign | 4x2 F | 4BR,2BA | $1,070 |
Best Value Apartments for Rent in Savoy, IL
As of June 14, 2025 the best value apartment in the Savoy area is the $0.94 price per square foot 512 E John St Model at 512 E John St, Unit One and a half in the in the Downtown Champaign neighborhood starting from $1,317. The second greatest value Savoy apartment is the 207 W William St Model at 207 W William St, Unit 1 starting at $1,500 with a $1.15 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. |
---|---|---|---|
512 E John St, Unit One and a half | 512 E John St | 3BR,1BA | $0.94 |
207 W William St, Unit 1 | 207 W William St | 3BR,1BA | $1.15 |
202 E Chalmers | IMMEDIATE MOVE IN - Individual Lease in a 4x3! ... | 4BR,3BA | $0.61 |
Southwest Apartments | 2404 Leeper Dr | 2BR,1.5BA | $1.32 |
702 W Green St, Unit 3 | 702 W Green St | 3BR,1BA | $1.00 |
THE ALCOVE @ SECOND & JOHN | 2 Bedroom 1 Bath with Loft | 2BR,1BA | $0.90 |
Lancaster Apartments | 3 x 1 | 3BR,1BA | $0.79 |
112 E. Green St by Bankier Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Lincolnshire West | 2 Bedroom Garden Premium | 2BR,1.5BA | $1.39 |
The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.06 |
Quick 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 $795 at Southwest 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 $895 at Southwest Apartments.
What is the most affordable Savoy Three Bedroom Apartment?
The best deal on a cheap Savoy Three Bedroom Apartment rental is at Lincolnshire West and starts from $1,125.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.