Apartments for Rent in Savoy, IL

Prices and availability in Savoy, IL were last updated on 13 Sep 2026.

The best apartments in Savoy, IL are: Parkview Senior Residences and 4 Brian Court.

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

The price range for a 1-bedroom apartment in Savoy, IL is between $825 and $1,150.

The price range for a 2-bedroom apartment in Savoy, IL is between $850 and $1,100.

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.

Rental apartments in Savoy come in a range of sizes and floorplans. Studio apartments represent 0.6% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 32% of the total apartments in the city, while 2-bedroom floorplans represent around 49% of all rentals in Savoy. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.