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Savoy, IL Homes for Rent

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  • /50

    Starting at $1,280 Per Month

    • 1 - 4 Beds

    117 Sterling Ct, Savoy, IL 61874

    Welcome to Sterling on First, where you'll find a diverse selection of 1, 2, 3, and 4-bedroom apartments in the heart of Savoy, IL, conveniently located less than 15 minutes from Downtown Champaign and its great dining and shopping. Our dedicated customer service team is eager to serve as your leasing guide, ready to showcase our newly renovated apartments and assist you in finding the perfect

    Sterling on First

    117 Sterling Ct, Savoy, IL 61874
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    Starting at $1,345

    Total Monthly Price

    • 1 - 2 Beds

    70 Airport Rd, Savoy, IL 61874

    Welcome to The Cottages at Lake Falls, a brand new rental community offering modern home rentals in Savoy, IL, just minutes away from Urbana-Champaign!! Designed with today’s lifestyle in mind, this neighborhood delivers the space, privacy, and comfort of a standalone home with the convenience of professional rental living.Each newly built cottage features contemporary design, open-concept

    The Cottages at Lake Falls

    70 Airport Rd, Savoy, IL 61874
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    Starting at $825 Per Month

    • 1 - 2 Beds

    1203 Wesley Ave, Savoy, IL 61874

    Quiet, conveniently located apartments in Savoy - behind Schnucks PlazaPets are allowed: cats and dogs (dogs permitted on the 1st floor only), with a weight limit of 40 lbs. A $60 monthly pet fee and a $30 pet application fee apply.Washer and Dryer: Some In Unit, Others have Laundry Room in BuildingParking: Onsite Lot - Free. Garages are $50 per monthAppliances

    Kobuck Apartments

    1203 Wesley Ave, Savoy, IL 61874
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    $3,450 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,030 Sq Ft
    • House for Rent

    705 Bergamot St, Savoy, IL 61874

    Rent this fantastic two story home with basement on a huge lot in the popular Prairie Fields subdivision. The backyard is an entertainers dream complete with pergola covered patio, large grassy area and huge willow tree. The front porch welcomes you into the foyer. Just inside is a separate dining room that could also be a flex room. The kitchen comes fully applianced and is a cooks dream. The

    Hazem Jaber Coldwell Banker R.E. Group

    705 Bergamot St, Savoy, IL 61874
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    $2,595 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,887 Sq Ft
    • House for Rent

    206 Gentian, Savoy, IL 61874

    Available August 2026! Move in and start enjoying easy living in this open 3 bedroom home with basement in Savoy's Prairie Fields! The low-maintenance exterior welcomes you in where a spacious floor plan awaits. Cozy up by the fire in the beautiful open living room, which flows into the kitchen/dining room combo. A convenient pantry plus half bath round out the main level. The spacious second

    206 Gentian, Savoy, IL 61874
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    $2,550 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,930 Sq Ft
    • Townhouse for Rent

    14 Parsley, Savoy, IL 61874

    *No Security Deposit Required on Approved Credit with the Obligo Program!Outstanding floor plan with tons of natural light that make the home that much more bright! When you walk in to your new home, you will be greeted by a 2 story entry that opens to the living room, dining/kitchen area, and a wonderful back yard through the sliding glass doors! Enjoy the exceptionally large master

    14 Parsley, Savoy, IL 61874
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    $2,400 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,400 Sq Ft
    • $200 Gift Card! 3-bed home available in Savoy!

    703A Sunflower St, Savoy, IL 61874

    $200 gift card when you tour and sign within 48 hours!This great three-bed, two-and-a-half-bath home backs up to Carrie Busey School. The home has a large living room with a gas fireplace, an open kitchen, and a dining area. A large unfinished basement and large two-car garage give you plenty of extra storage space. A monthly utility fee of $45 covers sewer bills.Contact us today

    703A Sunflower St, Savoy, IL 61874
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    $1,290 Per Month

    • 2 Beds
    • 1 Bath
    • Townhouse for Rent

    1617 Lyndhurst W Dr, Savoy, IL 61874

    Free Application: Apply online at then call to schedule a showing M-F 9a-4p at .Property Highlights: SAVOY - 2BR/1BA 2nd floor condo. Updated deck and windows. In unit washer/dryer hook ups for stackable, as well as on-site laundry. Great location near Savoy 16, bus stops, restaurants and more! **Pictures of Similar UnitAppliances include: Refrigerator, stove/oven, range

    1617 Lyndhurst W Dr, Savoy, IL 61874
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    $2,800 Per Month

    • 3 Beds
    • 2 Baths
    • 1,875 Sq Ft
    • Beautiful, spacious 3 bedroom home in Savoy!

    3 Angela Ct, Savoy, IL 61874

    Looking for space, comfort? This beautiful 3-bedroom, 2-bath home has everything you need! Home Features:* Spacious 3 bedrooms / 2 full bathrooms* Bonus room perfect for a home office, playroom, or workout space* Beautiful granite countertops* Hardwood floors throughout the main living areas* Attached garage* Large, fully fenced backyard—perfect for

    3 Angela Ct, Savoy, IL 61874
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    $2,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,870 Sq Ft
    • Beautiful Prairie Fields Townhouse — 3 Bed / 2.5 Bath + Loft

    606 Sunflower St, Savoy, IL 61874

    Welcome to this beautifully maintained 3-bedroom, 2.5-bath townhome located in the highly sought-after Prairie Fields community in Savoy. Combining spacious living areas, stylish features, and a prime location, this home offers the perfect balance of comfort and convenience.Step inside and be greeted by soaring vaulted ceilings and multiple skylights that flood the home with natural

    606 Sunflower St, Savoy, IL 61874
  • /4

    $1,300 Per Month

    • 2 Beds
    • 1 Bath
    • Townhouse for Rent

    1609 Lyndhurst W Dr, Savoy, IL 61874

    Free Application: Apply online at then call to schedule a showing M-F 9a-4p at .Property Highlights: 1st Floor Condo with no upstairs neighbors! 2 bedrooms, 1 bathroom with high ceilings and fenced patio. In unit washer/dryer and the complex offers an on-site laundry as well. Appliances include: stove/oven, refrigerator, dishwasher, washer/dryerUtilities: Tenant pays

    1609 Lyndhurst W Dr, Savoy, IL 61874

Why Live in Savoy

Savoy, IL, a suburban village with a population of around 9,000, offers a blend of small-town charm and proximity to urban amenities. Located just south of Champaign, Savoy features several parks, including the popular 55-acre Dana Colbert Park, which has picnic pavilions, open fields, and a fishing lake. The Savoy Recreation Center provides indoor gym facilities, while outdoor enthusiasts can enjoy the University of Illinois Orange and Blue Course for golf, Old Orchard Lanes and Links for mini-golf and bowling, and Skateland for roller-skating and laser tag. The Savoy 16 + IMAX theater is another local highlight for entertainment.

Housing in Savoy ranges from 1900s farmhouses to midcentury ranch-style homes and newer Colonial Revival and Craftsman-style houses. The median home price is around $350,000, with single-family homes and condos available in various price ranges. The Champaign Unit 4 School District serves the area, with Carrie Busey Elementary School being a highly rated option for families.

Savoy offers a variety of dining options, including national chains like Applebee’s and Buffalo Wild Wings, as well as local favorites like Star BBQ and Triptych Brewing. Retail needs are met by stores such as Schnucks, Aldi, and Walmart Supercenter, with the Market Place Shopping Center located about 6 miles away in Champaign.

Transportation is convenient with U.S. Route 45 running through the village, MTD bus services, and the nearby Willard Airport offering flights to major cities. The village hosts community events in Colbert Park, including an annual art fair and cultural celebrations.

Frequently Asked Questions

How much does it cost to rent a home in Savoy, IL?
The median rent for a home in Savoy, IL is $2,525 per month, though prices vary by neighborhood, size, and property type. As of July 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 $101,000 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 $2,525 per month in Savoy, IL, renters typically need to show $7,575 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 13.5, 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 home?
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 home include Clark, Hill Street East, Parkland Ridge, Bolten Field and Cherry Hills, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
11
Median Rent
$2,525
Median Single Family Home Rent
$2,698
Median Townhouse Rent
$1,300
Median Condo Rent
$1,900
How to Rent a Home