Apartments for Rent in Savoy, IL

Prices and availability in Savoy, IL were last updated on 24 Jun 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 $1,086.

The price range for a 2-bedroom apartment in Savoy, IL is between $863 and $1,150.

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 average age of rental buildings in Savoy is 20 years old, with 75% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

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.