Cheap Apartments for Rent in Savoy, IL

27 rentals

Apartments For Rent Near Savoy, IL

We found 25 more apartments matching your filters just outside Savoy

Average Rent Trends in Savoy, IL

Rent in Savoy, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jun 2025$1,371
Jul 2025$1,500
Aug 2025$1,350
Sep 2025$1,250
Oct 2025$1,356
Nov 2025$1,459
Dec 2025$1,390
Jan 2026$1,441
Feb 2026$1,400
Mar 2026$1,500
Apr 2026$1,400
May 2026$1,700
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Houses and Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types$1,045$1,400$2,550$1,511$1,700
Townhomes—$2,000$2,550—$2,350
Apartments and Condos—$1,400$2,700—$2,600
Houses——$2,400$3,180$2,400
See more information about local market trends in Savoy, IL

Frequently Asked Questions about Rentals in Savoy, IL

  • What is the average rent in Savoy, IL?
    The average rent in Savoy, IL is $1,700. Rent prices range from $825 to as much as $2,935, depending on the type of rental.
  • How does the rent in Savoy, IL compare to the national average?
    Average rent in Savoy, IL is about 11% lower than the national average rent of $1,910. That means it is less expensive to rent in Savoy compared to the U.S. average.
  • What is the average rent in Savoy, IL, by number of bedrooms?
    The average rent in Savoy, IL is $ for a studio, $1,045 for a 1 bedroom, $1,400 for a 2 bedroom, $2,550 for a 3 bedroom, and $1,511 for a 4 bedroom.
  • How have rent prices in Savoy, IL changed compared to last year?
    In the past year, the average rent price in Savoy, IL has increased by $333. That means the average rent is 20% higher than last year.
  • How many available rental listings are in Savoy, IL?
    There are 24 available rental listings in Savoy, IL.
  • What are some cities near Savoy, IL?
    Some nearby cities include: Champaign, Tolono, Urbana, Bondville, Philo. These cities may have more rental options to explore.