Average Rent in Savage, MN and Rent Price Trends

Rent trends in Savage, MN

Average rent prices in Savage have increased by 2% over the last month and have increased by 15% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Savage, MN

Rent prices in Savage vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Savage is $1,527, whereas a house costs $2,495. 1-bedroom apartments in Savage run $1,520 on average, while 2-bedroom apartments are $1,705.


Studio	$1,375	3%	1%
1 bedroom	$1,420	No Change	6%
2 bedroom	$1,653	3%	27%
3 bedroom	$2,095	No Change	6%
4 bedroom	$2,525	7%	9%

				Listings
Apartments	$1,527	No Change	No Change
Houses	$2,495	15%	No Change

Studio

Average rent

$1,375

Last 30 days

Last year

1 bedroom

Average rent

$1,420

Last 30 days

No Change

Last year

2 bedroom

Average rent

$1,653

Last 30 days

Last year

27%

3 bedroom

Average rent

$2,095

Last 30 days

No Change

Last year

4 bedroom

Average rent

$2,525

Last 30 days

Last year

The table above reflects average rent prices in Savage, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Savage, MN compare to other cities?

Compare median rent prices in Savage and Chanhassen by all bedroom counts and property types.

Savage

Median rent price$2,422

24%

higher than the national median

Median rent price$1,950

Equal to the the national median

Takeaway

The median rent for all rentals in Savage, MN is 24% higher than the median rent in Chanhassen, MN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,950

$1,852

$1,900

$1,255

$1,700

$1,350

$1,775

$1,347

$1,650

$1,615

$1,615

$1,685

Discover rentals in Savage, MN

5d+ ago

Townhouse for rent in Savage

4041 W 125th St

4041 W 125th St #12, Savage, MN 55378

3 beds

1.5 baths

$1,850

House for rent

Available May 15

2d ago

House for rent in Savage

COMING SOON!! 3 Bedroom, 1.5 Bathroom House in Savage!

4748 W 125th St, Savage, MN 55378

3 beds

1.5 baths

$2,095

House for rent

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Frequently asked questions for Savage, MN

Quick answers to common questions about the Savage rental market.

How much is rent in Savage?

The average rent in Savage is $2,422 per month as of May 30, 2026.

Is rent up or down in Savage?

Average rent prices in Savage have increased by 2% over the last month and have increased by 15% since last year.

How does Savage rent compare to the national average?

Rent in Savage is 24% above the national average, which means renters are paying approximately $472 more per month.

What salary do I need to afford rent in Savage?

To comfortably afford rent in Savage, you'd need to earn approximately $97,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Savage?

The average rent for a 1-bedroom apartment in Savage, MN is $1,557, while a 2-bedroom apartment averages $1,916.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).