Savage, MN Rental Market Trends
Highlights
The average rent for an apartment in Savage is $1,424, a change amounting to approximately 0% compared to the previous year.
Average Rent in Savage, MN
Average Rent | Y-o-Y Change | Average Apartment Size |
---|---|---|
$1,424 | 0% | 1,066 sq. ft. |
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
- $701-$1,0004%
- $1,001-$1,50066%
- $1,501-$2,00019%
- > $2,00010%
Savage, MN Occupied Housing Units
- Renter-occupied Households19%
- Owner-occupied Households80%
1,990 or 19% of the households in Savage, MN are renter-occupied while 8,205 or 80% are owner-occupied.
Savage, MN Rent Trends
Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
---|---|---|---|---|---|---|---|---|---|
Savage, MN | $1,341 | $1,341 | $1,381 | $1,365 | $1,430 | $1,427 | $1,508 | $1,443 | $1,424 |
National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |

How Savage Compares to Other Cities
Average Rent | Y-o-Y Change | |
---|---|---|
Minneapolis | $1,540 | -4% |
St. Paul | $1,283 | -2% |
St. Cloud | $881 | 2% |
Edina | $1,497 | -1% |
Bloomington | $1,440 | -1% |
St. Louis Park | $1,613 | -1% |
Minnetonka | $1,455 | 2% |
Eagan | $1,329 | n/a |
West St. Paul | $1,147 | 5% |
Chaska | $1,386 | 8% |
Savage | $1,424 | n/a |
For more information about the Savage rental trends, check out our monthly rent report
Check out Minnesota Cities, Minnesota Neighborhoods and Minnesota Zip Codes for more details on verified listings, including the Minnesota Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!