Studio Rent · July 2026

Studio Apartment Rent in Savage, MN

$1,470/mo

Median asking rent for a studio apartment in Savage, Minnesota as of July 2026. That's +26% lower than the citywide median of $1,979 and +14% above the national studio median of $1,290.

Studio median
$1,470
July 2026
vs city overall
-26%
$1,979 city median
vs national
+14%
$1,290 US median
Minnesota rank
#54
of 63 cities

Income needed for a studio in Savage

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$58,800
Monthly gross
$4,900
Hourly (full-time)
$28.27

Rent by apartment size in Savage

Compare Savage's median rent across every apartment size.

Studio (current)
$1,470
1-Bedroom
$1,660
2-Bedroom
$2,030
3-Bedroom
$2,700
4+ Bedroom
$3,030

Cheapest cities for a studio in Minnesota

#CityStudio rent
1Winona$700
2Moorhead$710
3Austin$720
4Owatonna$730
5Bemidji$800
6Duluth$848
7Waite Park$890
8Saint Cloud$940
9Rochester$1,010
10Mankato$1,030
11Anoka$1,050
12Northfield$1,060
13South Saint Paul$1,060
14Saint Michael$1,080
15Columbia Heights$1,090

Most expensive cities for a studio in Minnesota

#CityStudio rent
1Woodbury$1,650
2Maple Grove$1,600
3Eden Prairie$1,570
4Lakeville$1,550
5Cottage Grove$1,540
6Edina$1,520
7Blaine$1,510
8Plymouth$1,495
9Brooklyn Park$1,495
10Savage (this page)$1,470
11Rosemount$1,470
12Minnetonka$1,450
13Robbinsdale$1,427
14Saint Louis Park$1,385
15Vadnais Heights$1,380

Nearby cities — studio rent

Considering nearby alternatives? 5 of these cities have cheaper studio rents than Savage.

CityDistanceStudio rentvs Savage
Burnsville, MN5.9 mi$1,330$-140 (-10%)
Prior Lake, MN6.1 mi$1,240$-230 (-16%)
Bloomington, MN6.1 mi$1,373$-97 (-7%)
Eden Prairie, MN8.2 mi$1,570+$100 (+7%)
Edina, MN9.5 mi$1,520+$50 (+3%)
Richfield, MN10 mi$1,160$-310 (-21%)
Lakeville, MN10.1 mi$1,550+$80 (+5%)
Shakopee, MN10.2 mi$1,310$-160 (-11%)
Hopkins, MN11.4 mi$1,250$-220 (-15%)
Apple Valley, MN12 mi$1,380$-90 (-6%)
Saint Louis Park, MN13.6 mi$1,385$-85 (-6%)
Minnetonka, MN13.8 mi$1,450$-20 (-1%)

Studio rent in Savage — common questions

How much is a studio apartment in Savage?

As of July 2026, the median studio apartment rent in Savage, Minnesota is $1,470 per month. This is +26% below the citywide median of $1,979.

What income do you need to afford a studio in Savage?

Using the standard 30% rent-to-income rule, you would need an annual income of about $58,800 ($4,900/month gross), which works out to roughly $28.27/hour at a full-time job.

Is Savage expensive for a studio compared to the rest of the US?

Savage's studio median of $1,470 is +14% above the national studio median of $1,290. It ranks in the 63th percentile of US cities tracked.

How does Savage rank for studio rent in Minnesota?

Among the 63 cities in Minnesota with studio data, Savage ranks #54 from cheapest to most expensive.

Are there cheaper studio options near Savage?

Yes — nearby cities with cheaper studio rents include Burnsville ($1,330), Prior Lake ($1,240), Bloomington ($1,373).

All rent data
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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Savage, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.