Savoy

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Savoy, IL

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Suburban Illinois town gives quick access to one of the state’s greatest college towns

Commuter Rural Laidback University Family-Friendly

Just six minutes south of the University of Illinois Urbana-Champaign campus, Savoy is a suburb that offers great access to the college town. But Savoy has its own perks to attract renters seeking apartments. The suburb is slowly growing and working to improve the town year by year. There are currently plans in motion to add more parks and improve traffic infrastructure. Savoy has a low cost of living and the housing is affordable. The schools are good as well, luring in families looking to raise children in a small town. Conveniently, Savoy has a direct connection to several metropolitan areas through three local Interstate highways. The town has Willard Airport on the southern edge of town for locals who like to travel.

Savoy has all the entertainment of a classic American small town. Indulge in nostalgia at Old Orchard Lanes and Links, an old-school style bowling alley with mini golf, or Skateland roller rink. Catch a 3D movie at GQT Savoy 16 or sing you heart out at Star Karaoke. If you’re looking for more to do, Savoy is close to an array of activities in Champaign. The town is just moments away from delicious eateries and a thriving nightlife. The suburb is great for students looking to have their own place off campus or for families looking for a place that values community. Either way, discover and rent your apartment home in Savoy.

Rent Trends

As of March 2025, the average apartment rent in Savoy, IL is $1,124 for one bedroom, $1,383 for two bedrooms, and $1,413 for three bedrooms. Apartment rent in Savoy has increased by 4.2% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,124/month
696 Sq Ft
See Rental Market Trends in Savoy, IL

Transportation

48

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

49

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Schools

Carrie Busey Elementary School

Public

Grades K-5

454 Students

8
out of 10

Points of Interest

Parks and Recreation

  • University of Illinois Arboretum
  • Meadowbrook Park and Interpretive Center
  • Orpheum Children's Science Museum
  • Anita Purves Nature Center
  • Staerkel Planetarium

Airports

  • University of Illinois/Willard

Top Apartments in Savoy

Houses for Rent in Savoy

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.