Apartments for Rent in Savoy, IL

Prices and availability in Savoy, IL were last updated on 15 Jul 2026.

The best apartments in Savoy, IL are: Parkview Senior Residences and 313 West Church Street.

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

The price range for a 1-bedroom apartment in Savoy, IL is between $686 and $1,500.

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

In Savoy, 41% of the residents are renting compared to 59% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of Savoy's rentals, 76% are small-scale complexes with under 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.