What's the average rent in Savage, MN?

Rental Market Trends in Savage, MN

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Savage, MN is $2,267 per month, which is 19% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$2,267
3.3%
$72 increase month-over-month
-1.4%
-$32 decrease year-over-year

AVAILABLE RENTALS

18

APARTMENTS

$1,546

HOUSES

$2,819

TOWNHOUSES

$2,256
As of May 2026, apartments are the most affordable rental option in Savage, MN at $1,546 per month, while houses are the most expensive at $2,819 per month. Townhomes average $2,256 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,413
2 Bedrooms$1,955
3 Bedrooms$2,450
4 Bedrooms$2,495
All$2,400
As of May 2026, the average rent for a 1 bedroom rental in Savage, MN is $1,413 per month, followed by $1,955 for a 2 bedroom rental, $2,450 for a 3 bedroom rental, and $2,495 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +8% compared to the previous year, which is a +$150 increase.
This year (2026)
Last year (2025)

Rent distribution

50% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $975 to $3,475.
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