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Homes & Apartments for Rent in Savage, MN 55378

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What to Know About

Life in Savage & Beyond

Savage shares many of the great qualities that make Minnesota a desirable place to live.

Minnesota, known as the "Land of 10,000 Lakes", boasts breathtaking landscapes and a thriving arts and cultural community that enchants you. Immerse yourself in Minnesota's roots and history through the City Museum and the Science Museum of Minnesota, or invest in your education through the University of Minnesota, St. Cloud State University, and Minnesota State University, Mankato. In addition, residents can enjoy a vibrant arts and cultural scene in the Twin Cities of Minneapolis and St. Paul, including the famous Walker Art Center and the Minnesota Orchestra, providing a wealth of entertainment options.

Sports enthusiasts can enjoy cheering on professional teams such as the Minnesota Vikings (NFL), Minnesota Twins (MLB), and Minnesota Timberwolves (NBA), providing ample opportunities for excitement. Explore famous attractions like the Mall of America, the James J. Hill House, and the historic town of Duluth, each providing a unique glimpse into Minnesota's history and culture. In addition, the state offers many outdoor recreation opportunities, from boating and fishing in its 10,000 lakes to skiing in the Minnesota River Valley.

Minnesota offers a unique blend of natural beauty, quality of life, and affordability, making it a great place to call home.

Rental Market Trends

Savage, MN

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As of October 2026, Savage's rental market is stable, with rentals spending about 40 days on the market, about the same as in Minnesota (40), and rents down 0.6% over the past year. Savage's average rent is 11.9% ($201) higher than the Minnesota average of $1,683 and 9.5% ($198) lower than the U.S. average of $2,082.

Average Rent
$1,884
Monthly ChangeMonth Over Month Change
Increased0.03% ($1)
Yearly ChangeYear Over Year Change
Decreased0.6% ($10)
Days on Market
40
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,515 Increased0.10% ($2) Increased0.3% ($4)
2 Beds $1,932 Decreased0.04% ($1) Decreased0.6% ($12)
3 Beds $2,424 Increased0.17% ($4) Increased1.5% ($35)
Nearby Cities Average Rent Avg. Rent vs. SavageAverage Rent vs. Savage Days on Market
Burnsville $1,749 Decreased7.2% ($135) 37 days
Prior Lake $1,934 Increased2.7% ($50) 38 days
Shakopee $1,899 Increased0.8% ($15) 37 days
Eden Prairie $1,789 Decreased5.0% ($95) 40 days
Lakeville $2,022 Increased7.3% ($138) 35 days
Based on rentals advertised on RentalSource in and around Savage.
Frequently Asked Questions
Savage Rental Market FAQs

Explore rental prices, market conditions, and affordability in Savage, MN.

The average rent in Savage, MN is about $1,884 per month.
In Savage, the average rent is about $1,515 per month for a 1-bedroom home, about $1,932 for a 2-bedroom home and about $2,424 for a 3-bedroom home.
The average rent in Savage is 9.5% ($198) lower than the national average of $2,082 per month.
The rental market in Savage, MN is currently stable, with rentals spending about 40 days on the market, about the same as in Minnesota (40), and rents down 0.6% over the past year.
Based on the current averages, a household would need an annual income of about $77,300 to comfortably afford a 2-bedroom home in Savage.
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