
Cheap Homes for Rent in Savoy, IL from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Savoy.


2008 Vawter St

312 W Springfield Ave
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.

1605 Lyndhurst Dr

208 Avondale Ave

1621 Clover Ln
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.

309 Stanage Ave
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 | $1,411 | $900 | $1,850 |
| Savoy 3 Bedroom Homes for Rent | $1,724 | $1,295 | $2,950 |
| Savoy 4 Bedroom Homes for Rent | $2,633 | $1,700 | $3,600 |
| Savoy 5 Bedroom Homes for Rent | $3,550 | $3,500 | $3,600 |
Browse Top Homes for Rent in Savoy
Explore 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. 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 |
Best Value Apartments for Rent in Savoy, IL
As of December 16, 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.
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
Frequently Asked Questions about Savoy
What type of rentals are currently available in Savoy?
There are currently 214 Apartments for Rent in Savoy, IL with pricing that ranges from $575 to $3,800. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Savoy ranging from $725 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 $725 to $3,600 with an average monthly rent of $2,111.
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 $575 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $835.
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.