Median Age
39 Years
Largest Age Group
20-29 Years
Approximately 15% of Residents
Under 20
24%
Over 65
20%
Savoy
Savoy, IL Area Guide
Avg Rent
$1,203
Population
9,155
Renter Mix
44% Rent
Suburban Illinois town gives quick access to one of the state’s greatest college towns
Commuter
•
Rural
•
Laidback
•
University
•
Family-Friendly
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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.
Demographics
Median Household Income
$92,692
Average: $114,216
Education
3,958
Residents Have a Degree
Job Market
4,019
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Savoy has more homeowners than renters.
Renters
44%
Non-Renters
56%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
42%
Other Education
58%
Rent Trends
As of April 2026, the average apartment rent in Savoy, IL is $1,203 for one bedroom, $1,417 for two bedrooms, and $1,492 for three bedrooms. Apartment rent in Savoy has increased by 3.3% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,203/month
696 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Savoy, IL is for everyday living.
Fairly Walkable
Walkability
40
/ 100
Limited Public Transit
Transit
30
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Fairly Bikeable
Bikeability
40
/ 100
Scores provided by
Schools
Carrie Busey Elementary School
Public
Grades K-5
454 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- University of Illinois Arboretum
- Meadowbrook Park and Interpretive Center
- Orpheum Children's Science Museum
- Anita Purves Nature Center
- Staerkel Planetarium
Commuter Rail
Airports
- University of Illinois/Willard
Colleges
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.