Cheap Homes for Rent in Savoy, IL from $800 (9 Rentals)

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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.

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

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 ListingModel NameBed/BathPriced From
305JOH305 John 4 Bedroom4BR,3BA$455
1002SEC4 Bed, 2 Bath on Frat Park4BR,2BA$567
202 E ChalmersIMMEDIATE MOVE IN - Individual Lease in a 4x3! ...4BR,3BA$670

Best Value Apartments for Rent in Savoy, IL

As of June 02, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
512 E John St, Unit One and a half512 E John St3BR,1BA$0.94
207 W William St, Unit 1207 W William St3BR,1BA$1.15
202 E ChalmersIMMEDIATE MOVE IN - Individual Lease in a 4x3! ...4BR,3BA$0.61
Southwest Apartments2404 Leeper Dr2BR,1.5BA$1.32
702 W Green St, Unit 3702 W Green St3BR,1BA$1.00
Lancaster Apartments3 x 13BR,1BA$0.79
Colony West2BR/1BA Condo2BR,1BA$1.16
112 E. Green St by Bankier Apartments2 Bed 1 Bath2BR,1BA$1.06
705 S 1st St4 bed, W/D, short term4BR,2BA$1.15
The Courtyard on Randolph2BR/ 1BA2BR,1BA$1.06

Quick Rent Budget Calculator

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Frequently Asked Questions about Savoy

What type of rentals are currently available in Savoy?

There are currently 216 Apartments for Rent in Savoy, IL with pricing that ranges from $765 to $3,900. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Savoy ranging from $850 to $3,850.

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 $850 to $3,850 with an average monthly rent of $2,018.

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 $950 to $2,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,765 and Four Bedroom Apartments start at $780.

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.

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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.

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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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.