2

Newest Homes for Rent in Savanna, IL

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  • /23

    $700 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    34 3rd St Unit 1, Savanna, IL 61074

    WATER INCLUDED IN THE RENT!! Enter into the fenced in back yard to the covered porch for this unit. Once inside you will be in the dining room with the kitchen off to the left. Ahead of the dining room is the living room with full bathroom off with tiled shower. To the front of the unit is the 1 bedroom with a decorative fireplace. This unit has central air. There is also off street parking

    34 3rd St Unit 1, Savanna, IL 61074
  • /37

    $800 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,435 Sq Ft
    • Condo for Rent

    512 Chicago Ave Unit 1, Savanna, IL 61074

    Enter the home through the covered front porch—perfect for relaxing or enjoying the outdoors. Inside, you step into the main entryway, where the living room is located to the left and an open doorway leads into the dining room. The main staircase is centrally located and leads to the second floor. The main level features a front living room, a dining room with a built-in cabinet for added

    512 Chicago Ave Unit 1, Savanna, IL 61074

Frequently Asked Questions

How much does it cost to rent a home in Savanna, IL?
The median rent for a home in Savanna, IL is $750 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Savanna, IL?
To comfortably afford the median rent in Savanna, IL, a household needs to earn roughly $30,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $750 per month in Savanna, IL, renters typically need to show $2,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Savanna, IL?
In Savanna, IL, the price-to-rent ratio is 9.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$750
Median Condo Rent
$750
How to Rent a Home