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Rental Market Trends in Savage, MD

What is the average rent in Savage, MD?

$1,691/month

Average Rent

804 Sq Ft

Average Apartment Size

+0.6%

Increase in the Last Year

As of April 2026, the average rent in Savage, MD is $1,691 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Savage rent prices are 3% higher than the national average. When you rent an apartment in Savage, you can expect to pay about per month for a studio, $1,691 for a one-bedroom apartment, and around $1,963 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,283 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,691/month
804 Sq Ft
Two Bedroom
$1,963/month
960 Sq Ft
Three Bedroom
$2,283/month
1,208 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Savage, MD?

In the past year, rent has increased by 0.6%, which averages out to $11 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Savage, MD
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Savage, MD
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
25% $1,001 - $1,500/month
50% $1,501 - $2,000/month
25% Above $2,000/month

What salary do I need to live comfortably in Savage, MD?

Because the average rent in Savage is $1,691, you’ll want to make about $5,636 per month or $67,632 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Savage, MD

104 Available Apartments for Rent

Search for Nearby Apartments

How does Savage, MD compare to other nearby cities and neighborhoods?

Use the tool below to compare Savage, MD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Savage, MD

Apartment Averages

Nearby City Rent Trends

  • Jessup Average Rent
  • Annapolis Junction Average Rent
  • Columbia Average Rent
  • Laurel Average Rent

Apartment communities in Savage we think you'll love

Bowling Brook Apartments

Bowling Brook Apartments

9000 Stebbing Way,
Laurel, MD 20723

$2,192 - $2,807

1-2 Beds

Foxborough Estates

Foxborough Estates

8542 Foxborough Dr,
Savage, MD 20763

$1,705 - $1,975

1-2 Beds

The Flats at River Mill

The Flats at River Mill

8954 River Island Dr,
Savage, MD 20763

$1,700 - $2,364

1-3 Beds

Howard Hills Townhomes

Howard Hills Townhomes

8800 Howard Hills Dr,
Savage, MD 20763

$1,965 - $2,310

2-3 Beds

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United States Maryland Savage Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity