Reside
13958 Edgewood Ave,
Savage, MN 55378
$1,395 - $2,525
Studio - 3 Beds
Rental Market Trends in Savage, MN
What is the average rent in Savage, MN?
$1,347/month
Average Rent
770 Sq Ft
Average Apartment Size
-4.3%
Decrease in the Last Year
As of August 2025, the average rent in Savage, MN is $1,347 per month. This is 18% lower than the national average rent of $1,640/month, making renting in Savage more affordable than most cities in the US. When you rent an apartment in Savage, you can expect to pay about $1,392 per month for a studio, $1,347 for a one-bedroom apartment, and around $1,737 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,916 or more.
Floor Plan Type
Average Rent
Average 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, MN?
In the past year, rent has decreased by 4.3%, which averages out to $57 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated August 2025
Legend
2024
2025
Rent Ranges in Savage, MN
Last Updated August 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
8%
$700 - $1,000/month
46%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
23%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Savage?
Based on current rent prices, Villas by Mary T. is the most affordable neighborhood in Savage.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Savage?
Based on current rent prices, Villas by Mary T. is the most expensive neighborhood in Savage.
Neighborhood
Average Rent
Average Sq Ft
Which Savage neighborhoods have the most rentals available?
The neighborhood in Savage with the most apartments available is Villas by Mary T. .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Savage, MN?
Because the average rent in Savage is $1,347, you’ll want to make about $4,490 per month or $53,880 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.
How does Savage, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Savage, MN 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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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 June 2025.
* Percentages may not total 100 due to rounding.