Renter Resources
What Renters Must Photograph Before Moving In
Your landlord just gave you the keys. You're excited to move in, but one thing that could cost you hundreds later is not documenting what's already broken.
•8 min read
Viewing 1-14 of 14 rentals in Savoy
What to Know About
Life in Savoy & Beyond
Savoy shares many of the great qualities that make Illinois a desirable place to live.
Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.
Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.
With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.
Rental Market Trends
Savoy, IL
As of June 2025, Savoy's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Savoy's average rent is 21.7% ($369) lower than the Illinois average of $1,703 and 25.2% ($450) lower than the U.S. average of $1,784.
Average Rent
$1,334
Monthly ChangeMonth Over Month Change
1.1% ($15)
Yearly ChangeYear Over Year Change
5.2% ($66)
Avg. Days on MarketAverage Days on Market
49
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,081 | 1.8% ($19) | 2.9% ($30) |
| 2 Beds | $1,376 | 0.9% ($12) | 0.5% ($7) |
| 3 Beds | $1,603 | 4.5% ($69) | 4.9% ($75) |
| Nearby Cities | Average Rent | Avg. Rent vs. SavoyAverage Rent vs. Savoy | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Champaign | $1,322 | 0.9% ($12) | 50 days |
| Urbana | $1,080 | 19% ($254) | 50 days |
| Bondville | $941 | 29.5% ($393) | 49 days |
| White Heath | $881 | 34% ($453) | 40 days |
| Mahomet | $1,753 | 31.4% ($419) | 48 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Savoy Rental Market FAQs
Explore rental prices, market trends, and availability in Savoy, IL.
The average rent in Savoy, IL is $1,334 per month.
Homes in Savoy typically rent for between $757 and $2,084 per month, with an average of $1,334 per month.
In Savoy, the average rent for a 1-bedroom home is $1,081 per month, for a 2-bedroom home, $1,376 per month, and a 3-bedroom home is $1,603 per month.
The average rent in Savoy is 25.2% ($450) lower than the national average of $1,784 per month.
The average rent in Savoy has increased by 1.1% ($15) in the last month and increased by 5.2% ($66) over the past year.
The rental market in Savoy, IL, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Savoy, IL, the average rental stays on the market for approximately 49 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 14 rental properties available in Savoy, IL.
Based on the current averages, a household would need an annual income of $55,040 to comfortably afford a 2-bedroom home in Savoy.
