Can An Electrician Afford Rent in Savage, MN?

Stretched but workable — rent takes 32.7% of gross income.

Savage rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Savage median rent
$1,979/mo
Electrician salary (Minnesota)
$72,696/yr
Rent as % of income
32.7%
Gross monthly income works out to about $6,058, and the 30% rule supports up to $1,817/mo in rent. Savage's median rent of $1,979 exceeds that threshold by $162/mo, putting an electrician salary into the rent-burdened range here. An electrician works roughly 56.6 hours a month to cover that rent.

About rent and an electrician salary

Electrician pay is competitive with many four-year-degree occupations and covers comfortable rent across most US metros. Union journeymen in high-cost cities often earn well above the BLS mean once overtime and benefits are counted, which expands affordability further. At the national-average electrician salary, the 30% rule supports about $1,748 a month in rent. The per-city pages show where rent stays in range and where it begins to pinch.

Cheaper rent nearby

These Minnesota cities have lower median rent than Savage, which improves the affordability math on an electrician salary:

Lakeville, MN
$1,977/mo (32.6% of income)
Golden Valley, MN
$1,975/mo (32.6% of income)
Edina, MN
$1,974/mo (32.6% of income)

Compare with full rent data for Savage

View full rent data for Savage, MN

Frequently asked questions

Can an electrician afford rent in Savage, MN?

Median rent in Savage is $1,979 a month. A typical electrician in Minnesota earns about $72,696 a year, which makes that rent 32.7% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can an electrician afford in Savage?

Using the 30% rule, an electrician salary in Minnesota (~$72,696/yr) supports up to $1,817 a month in rent. Savage's current median rent is $1,979/mo, which is $162/mo over the affordability threshold.

How many hours does an electrician work to cover rent in Savage?

At an hourly equivalent of about $35 an hour, an electrician in Minnesota works roughly 56.6 hours a month to cover Savage's median rent of $1,979.

Where is rent cheaper than Savage for an electrician?

Nearby Minnesota cities with lower median rent include Lakeville ($1,977/mo), Golden Valley ($1,975/mo), Edina ($1,974/mo). Each shifts the affordability math materially on an electrician salary.

Methodology: Salary uses the BLS-derived Minnesota state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Savage, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.