Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Savage, MN Rental Market Trends
What is the average rent in Savage?
The average rent for an apartment in Savage is $1,599. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Savage, MN
Last updated July 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,599 | 1,066 sq. ft. |
What is the average apartment size in Savage?
The average size for a Savage, MN apartment is 1,066 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Savage, MN Apartment Rent Ranges
Savage, MN Occupied Housing Units
2,180 or 20% of the households in Savage, MN are renter-occupied while 8,622 or 79% are owner-occupied.
Savage, MN Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Jul / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Savage, MN | $1,365 | $1,430 | $1,427 | $1,508 | $1,443 | $1,424 | $1,456 | $1,505 | $1,563 | $1,599 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Savage Compares to Other Cities
| City | Average Rent |
|---|---|
| Minneapolis | $1,621 |
| St. Paul | $1,379 |
| St. Louis Park | $1,686 |
| Bloomington | $1,530 |
| St. Cloud | $965 |
| Edina | $1,584 |
| Plymouth | $1,532 |
| Coon Rapids | $1,226 |
| Minnetonka | $1,537 |
| Eagan | $1,424 |
| Burnsville | $1,392 |
| Eden Prairie | $1,584 |
| Golden Valley | $1,594 |
| Maplewood | $1,204 |
| West St. Paul | $1,229 |
| Roseville | $1,292 |
| Hopkins | $1,547 |
| Brooklyn Center | $1,127 |
| Chaska | $1,485 |
| Maple Grove | $1,735 |
| Savage | $1,599 |
Most Popular Apartments in Savage
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Savage apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.