2-Bedroom Apartment Rent in Savoy, IL
Median asking rent for a 2-bedroom apartment in Savoy, Illinois as of October 2026. That's +28% lower than the citywide median of $1,409 and +39% below the national 2-bedroom median of $1,657.
Income needed for a 2-bedroom in Savoy
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Savoy
Compare Savoy's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Illinois
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Carbondale | $645 |
| 2 | Dixon | $870 |
| 3 | Pekin | $920 |
| 4 | Charleston | $930 |
| 5 | East Peoria | $940 |
| 6 | Quincy | $950 |
| 7 | Peoria Heights | $980 |
| 8 | Rantoul | $980 |
| 9 | Rock Island | $990 |
| 10 | Decatur | $995 |
| 11 | Danville | $1,010 |
| 12 | Moline | $1,010 |
| 13 | Normal | $1,010 |
| 14 | Savoy (this page) | $1,010 |
| 15 | Marion | $1,020 |
Most expensive cities for a 2-bedroom in Illinois
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Morton Grove | $2,640 |
| 2 | Lake Forest | $2,640 |
| 3 | Deerfield | $2,640 |
| 4 | Wilmette | $2,530 |
| 5 | Buffalo Grove | $2,530 |
| 6 | Highland Park | $2,490 |
| 7 | Plainfield | $2,455 |
| 8 | Naperville | $2,388 |
| 9 | Vernon Hills | $2,380 |
| 10 | Streamwood | $2,380 |
| 11 | Northbrook | $2,370 |
| 12 | Bolingbrook | $2,325 |
| 13 | Romeoville | $2,310 |
| 14 | Elmhurst | $2,310 |
| 15 | Geneva | $2,300 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Savoy.
| City | Distance | 2-Bedroom rent | vs Savoy |
|---|---|---|---|
| Champaign, IL | 5 mi | $1,233 | +$223 (+22%) |
| Rantoul, IL | 19.6 mi | $980 | $-30 (-3%) |
| Charleston, IL | 37.6 mi | $930 | $-80 (-8%) |
| Danville, IL | 43.2 mi | $1,010 | — |
| Decatur, IL | 54.1 mi | $995 | $-15 (-1%) |
| Bloomington, IL | 57.3 mi | $1,085 | +$75 (+7%) |
| Terre Haute, IN | 74.3 mi | $1,023 | +$13 (+1%) |
| Kankakee, IL | 77.4 mi | $1,140 | +$130 (+13%) |
| Bradley, IL | 80.6 mi | $1,300 | +$290 (+29%) |
| Bourbonnais, IL | 83.3 mi | $1,400 | +$390 (+39%) |
| Washington, IL | 92.1 mi | $1,050 | +$40 (+4%) |
| West Lafayette, IN | 92.4 mi | $1,160 | +$150 (+15%) |
2-Bedroom rent in Savoy — common questions
How much is a 2-bedroom apartment in Savoy?
As of October 2026, the median 2-bedroom apartment rent in Savoy, Illinois is $1,010 per month. This is +28% below the citywide median of $1,409.
What income do you need to afford a 2-bedroom in Savoy?
Using the standard 30% rent-to-income rule, you would need an annual income of about $40,400 ($3,367/month gross), which works out to roughly $19.42/hour at a full-time job.
Is Savoy expensive for a 2-bedroom compared to the rest of the US?
Savoy's 2-bedroom median of $1,010 is +39% below the national 2-bedroom median of $1,657. It ranks in the 6th percentile of US cities tracked.
How does Savoy rank for 2-bedroom rent in Illinois?
Among the 137 cities in Illinois with 2-bedroom data, Savoy ranks #14 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Savoy?
Yes — nearby cities with cheaper 2-bedroom rents include Rantoul ($980), Charleston ($930), Decatur ($995).