Savoy Security Deposit Calculator (2026) — Free
One missed deadline. One wrong deduction. That's all it takes to owe 2x penalties in Savoy. Calculate your exact limits before it costs you.
Calculate Your Security Deposit Limits
Results for Savoy, IL
--
result
--
deadline / notice
--
penalty if violated
Savoy Security Deposit by Unit Size
Here are the amounts at Savoy's current Fair Market Rents:
| Unit Size | Median Rent | Max Deposit | Penalty Risk |
|---|---|---|---|
| Studio | $941/mo | No limit | $1,882 |
| 1-Bedroom | $946/mo | No limit | $1,892 |
| 2-Bedroom | $1,122/mo | No limit | $2,244 |
| 3-Bedroom | $1,436/mo | No limit | $2,872 |
| 4-Bedroom | $1,486/mo | No limit | $2,972 |
Rents based on HUD Fair Market Rents (FY2026) for Champaign County.
Penalty Warning
If you fail to return the deposit within 30 days, a Savoy tenant can sue for up to 2x the amount wrongfully withheld, plus attorney fees. Tenant may recover up to 2x the deposit plus interest (statewide); Chicago RLTO provides additional penalties
Track deposit deadlines and return requirements automatically for every property in Savoy
Start Free Trial30-day free trial · $0 today
For the full breakdown of rules, deadlines, and procedures, see our Savoy Security Deposit Laws guide.
Never miss a compliance deadline in Savoy
LeaseBase tracks deadlines, generates compliant forms, and documents everything automatically.
30-day free trial · $0 today · Cancel anytime
Reviewed by Rachid Abadli
Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.
