Apartments for Rent in Savoy, IL

Prices and availability in Savoy, IL were last updated on 14 Nov 2026.

The best apartment in Savoy, IL is: Parkview Senior Residences.

The average rent in Savoy, IL is $1,366.

The price range for a 1-bedroom apartment in Savoy, IL is between $686 and $1,150.

The price range for a 2-bedroom apartment in Savoy, IL is between $800 and $1,139.

In Savoy 41% of the housing is rented out compared to 59% of homes are owned, according to the most recent Census Bureau estimates. 19% of Savoy's apartments are found in large buildings of 50 units or more, 76% are located in smaller apartment complexes with less than 50 units, and 5% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Savoy are about 20 years old, on average. Of these, 75% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Savoy are around 0.6% of rentals, while 1-bedroom floor plans represent 32% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 49% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.