
Cheap Homes for Rent in Savoy, IL from $900 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Savoy.


313 Cottage Ct

315 Cottage Ct

108 S 5th St

1002 Harding Dr

504 E Church St

1901 Nancy Ct
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2013 Greendale Dr

1714 W Clark St

308 W John St

1617 Lyndhurst W Dr

2127 Melrose Dr, Unit B

1827 Parkdale Dr

310 Cottage Ct
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.
Savoy, IL Local Guide

How much does it cost to rent a home in Savoy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Savoy 2 Bedroom Homes for Rent | $1,312 | $1,000 | $1,595 |
| Savoy 3 Bedroom Homes for Rent | $1,977 | $900 | $3,500 |
| Savoy 4 Bedroom Homes for Rent | $2,586 | $1,932 | $3,450 |
| Savoy 5 Bedroom Homes for Rent | $3,175 | $2,750 | $3,600 |
| Savoy 6 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
| Savoy 7 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
Browse Top Homes for Rent in Savoy
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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 $590. 1002SEC in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. 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 | $590 |
| 1002SEC | Fall 2026 Leasing – 4-Bedroom, 2-Bath | 4BR,2BA | $699 |
| Kobuck Apartments | 1204 Wesley Ave 1bd/1ba | 1BR,1BA | $825 |
| 58 E Healey | 58 E Healey - 302 | 1BR,1BA | $825 |
| Colonial Village | Charleston | 2BR,1BA | $950 |
Best Value Apartments for Rent in Savoy, IL
As of July 05, 2026 the best value apartment in the Savoy area is the $1.00 price per square foot 2 Bedroom Unit Model at Park Place in the starting from $1,405. The second greatest value Savoy apartment is the Gardenia Model at Southwood Crossing starting at $1,949 with a $1.66 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. |
|---|---|---|---|
| Park Place | 2 Bedroom Unit | 2BR,2BA | $1.00 |
| Southwood Crossing | Gardenia | 3BR,2BA | $1.66 |
| 59JOH | 4 Bedroom Apartment @ First & John: Available N... | 4BR,3BA | $0.46 |
| 202 E. Green St by Bankier Apartments | 4BR/3BA | 4BR,3BA | $0.82 |
| Colonial Village | Charleston | 2BR,1BA | $1.03 |
| Colony West | 2BR/1BA Condo | 2BR,1BA | $1.39 |
| Kobuck Apartments | 1203 Wesley Ave 1bd/1ba | 1BR,1BA | $1.58 |
| 608 S State Street | 608 S State Street - 2 | 2BR,1BA | $1.40 |
| 112 E. Green St by Bankier Apartments | 2 Bed 1 Bath - X Large - (NS) 112 E Green St. (... | 2BR,1BA | $1.25 |
| Southwest Apartments | 1902 Karen Ct | 2BR,1BA | $1.47 |
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.
Read ArticleReal 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.
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!
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Frequently Asked Questions about Savoy
What type of rentals are currently available in Savoy?
There are currently 220 Apartments for Rent in Savoy, IL with pricing that ranges from $615 to $3,800. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Savoy ranging from $900 to $3,600.
What is the current price range for Rental Homes in Savoy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Savoy ranges from $900 to $3,600 with an average monthly rent of $2,055.
How much are larger Three and Four Bedroom Rentals in Savoy?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Savoy range from $899 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,932 and Four Bedroom Apartments start at $699.
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

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.

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.