Rent in Savage, MN
A 2-bedroom in Savage, MN (ZIP 55378) typically rents for about $1,769 a month, with a range of $1,734–$1,769. Owner-occupied homes in Scott County pay about 1.01% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,750 | $1,265–$1,750 | 1 |
| 1 bed | $1,517 | $1,427–$1,517 | 1 |
| 2 beds | $1,769 | $1,734–$1,769 | 1 |
| 3 beds | $1,989 | $1,989–$2,264 | 1 |
| 4 beds | $1,899 | $1,899–$2,538 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Savage ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Savage, MN?
- About $1,769 a month: the median of the typical rents in 1 ZIP code, which range from $1,734–$1,769. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Savage, MN?
- About $1,517 a month: the median of the typical rents in 1 ZIP code, which range from $1,427–$1,517. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Savage, MN?
- About $1,989 a month: the median of the typical rents in 1 ZIP code, which range from $1,989–$2,264. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Savage, MN?
- About $1,750 a month: the median of the typical rents in 1 ZIP code, which range from $1,265–$1,750. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Savage, MN?
- About $1,899 a month: the median of the typical rents in 1 ZIP code, which range from $1,899–$2,538. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Savage, MN?
- Owner-occupied homes in Scott County pay a typical 1.01% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Savage rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).