Homes for Rent in Savage, MN

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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

As of June 2025, Savage's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Savage's average rent is 30.7% ($458) higher than the Minnesota average of $1,491 and 9.2% ($165) higher than the U.S. average of $1,784.

Average Rent
$1,949
Monthly ChangeMonth Over Month Change
Increased4.3% ($81)
Yearly ChangeYear Over Year Change
Increased10.6% ($187)
Avg. Days on MarketAverage Days on Market
45
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,591 Decreased1.2% ($20) Increased20.1% ($266)
2 Beds $2,124 Decreased0.4% ($9) Increased30.4% ($495)
3 Beds $2,489 Increased0.8% ($19) Increased31.6% ($598)
Nearby Cities Average Rent Avg. Rent vs. SavageAverage Rent vs. Savage Avg. Days on MarketAverage Days on Market
Burnsville $1,686 Decreased13.5% ($263) 30 days
Prior Lake $1,472 Decreased24.5% ($477) 46 days
Shakopee $2,113 Increased8.4% ($164) 40 days
Eden Prairie $1,496 Decreased23.2% ($453) 37 days
Lakeville $1,358 Decreased30.3% ($591) 29 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Savage Rental Market FAQs

Explore rental prices, market trends, and availability in Savage, MN.

The average rent in Savage, MN is $1,949 per month.
Homes in Savage typically rent for between $1,114 and $3,236 per month, with an average of $1,949 per month.
In Savage, the average rent for a 1-bedroom home is $1,591 per month, for a 2-bedroom home, $2,124 per month, and a 3-bedroom home is $2,489 per month.
The average rent in Savage is 9.2% ($165) higher than the national average of $1,784 per month.
The average rent in Savage has increased by 4.3% ($81) in the last month and increased by 10.6% ($187) over the past year.
The rental market in Savage, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Savage, MN, the average rental stays on the market for approximately 45 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 6 rental properties available in Savage, MN.
Based on the current averages, a household would need an annual income of $84,960 to comfortably afford a 2-bedroom home in Savage.
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