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Savoy, IL Condos for Rent

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  • 106 Essex Ln Unit 3, Savoy, IL 61874
    106 Essex Ln Unit 3, Savoy, IL 61874
    106 Essex Ln Unit 3, Savoy, IL 61874
    /16

    $2,000

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • Condo for Rent

    106 Essex Ln Unit 3, Savoy, IL 61874

    Beautiful 2-bed, 2-bath condo with a spacious living room, Large windows with lots of sunlight, an open-plan kitchen with Granite Countertops, New carpet, a new refrigerator, a balcony, and an attached one-car garage

    106 Essex Ln Unit 3, Savoy, IL 61874
  • 106 Essex Ln, Savoy, IL 61874
    106 Essex Ln, Savoy, IL 61874
    106 Essex Ln, Savoy, IL 61874
    /32

    $1,900 Per Month

    • 2 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • Beautiful 2-Bedroom, 2-Bath Condo with Attached Garage

    106 Essex Ln, Savoy, IL 61874

    Welcome home to this beautifully updated 2-bedroom, 2-bathroom condo offering comfort, convenience, and modern finishes. Featuring a spacious open-concept floor plan, this home is filled with natural light from large windows that create a bright and inviting atmosphere.The well-appointed kitchen boasts granite countertops, ample cabinet space, and a brand-new refrigerator, making meal

    106 Essex Ln, Savoy, IL 61874
Illinois Champaign County

Condos for Rent in Savoy, IL

Frequently Asked Questions

How much does it cost to rent a condo in Savoy, IL?
The median rent for a condo in Savoy, IL is $1,950 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Savoy, IL?
To comfortably afford the median rent in Savoy, IL, a household needs to earn roughly $93,880 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 $2,347 per month in Savoy, IL, renters typically need to show $7,041 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 Savoy, IL?
In Savoy, IL, the price-to-rent ratio is 14.6, 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.
What neighborhoods in Savoy, IL are best for renting a condo?
The best neighborhood for renting in Savoy, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include West Urbana, Downtown Champaign, East Urbana and Crystal Lake, each with its own character and price range.

Condo Rental Trends in Savoy, IL

There are currently 2 condos available for rent in Savoy, IL. The median rent is $1,950 per month, with 1-bedroom condos renting at $1,250, 2-bedroom condos at $1,950 and 3-bedroom condos at $2,400.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,950
Median 1 Bedroom Condo Rent
$1,250
Median 2 Bedroom Condo Rent
$1,950
Median 3 Bedroom Condo Rent
$2,400
How to Rent a Home

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