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ZIP Code · MN

ZIP 55378

Part of Savage, MN
Pop. 32,162·Scott County·18th most expensive ZIP in Minnesota
Median rent (all units)
$1,990/mo
Year-over-Year
+14.9%
Month-over-Month
+4.8%
vs US Median
+$25
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 55378 · $1,990
More expensive than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,480
1 BR
$1,680
2 BR
$2,040
3 BR
$2,700
4 BR+
$3,020
Research median
$2,040/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$23,880/yr
At $1,990/mo median
Location
CitySavage
StateMN
CountyScott County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 14.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+14.9% YoY, +4.8% MoM), not inventory.
Demographics

Who lives here

ZIP 55378 (Savage, MN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 53.4% of residents hold a bachelor's degree or higher.

Population
32,162
Median income
$124,871
Median age
37.4
Renters
14.5%
Age distribution
25.3%
20.9%
28.2%
13.7%
Under 1825.3%
18–3420.9%
35–5428.2%
55–6413.7%
65+12%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
73.5%
White73.5%
Black10.1%
Hispanic5.1%
Asian6.4%
Other4.9%
Education (25+)
16%
27.1%
53.4%
No HS diploma3.5%
HS diploma16%
Some college27.1%
Bachelor's+53.4%
Housing tenure
85.5%
14.5%
Owner85.5%
Renter14.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 55378 in Savage, MN has changed in 5 years

Income
$115,456 → $124,871
up 8.2%
Population
31,701 → 32,162
up 1.5%
Renter share
16% → 14.5%
-1.5 pts
Bachelor's+
51% → 53.4%
+2.4 pts

Local incomes tracked alongside that move, going from a median of $115,456 in 2021 to $124,871 more recently. Headcount in the area went from 31,701 to 32,162 between 2021 and 2024, a 1.5% change. About 14.5% of households rent today, against 16% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 51% to 53.4%.

Community

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Local insights

Tips for renters in ZIP 55378

About renting in ZIP 55378

Last updated: July 20, 2026

ZIP code 55378 covers Savage, MN. The median rent here is $1,990/mo as of July 2026. A 1-bedroom rents for a median of $1,680/mo. A 2-bedroom rents for a median of $2,040/mo.

At 19% of local median household income ($124,871/yr), ZIP 55378 ranks as affordable compared to the national benchmark of 30%. Rents have increased 14.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55378?

As of July 20, 2026, the median monthly rent in ZIP 55378 (Savage, MN) is $1,990. This is based on aggregated data from public sources and community submissions.

How does ZIP 55378 rent compare to the US average?

ZIP 55378's median rent of $1,990/mo is $25 (1%) above the US national median of $1,965/mo.

How does ZIP 55378 compare to other ZIPs in Minnesota?

ZIP 55378 is one of the pricier ZIP codes in Minnesota, ranking #18 out of 123 ZIPs tracked at $1,990/mo.

How much income do you need to rent in ZIP 55378?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $1,990/mo in ZIP 55378. The local median household income is $124,871/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55378?

Rent in ZIP 55378 has increased 14.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55378 an affordable place to rent?

ZIP 55378 is considered very affordable for renters. At $1,990/mo, rent takes approximately 19% of the local median household income ($124,871/yr). The standard benchmark is 30%. ZIP 55378 falls comfortably within that range.

What percentage of ZIP 55378 residents rent vs. own?

According to Census data, approximately 14.5% of ZIP 55378 households are renters, while 85.5% are owner-occupied. ZIP 55378 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55378 compare to the rest of Savage?

ZIP 55378 is pricier than Savage as a whole. At $1,990/mo, it's $11 above the Savage citywide median of $1,979/mo.

When was rent data for ZIP 55378 last updated?

Rent data for ZIP 55378 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,990/mo, rent takes ~19% of ZIP 55378's median household income ($124,871/yr). The standard benchmark is 30%.

ZIP 55378 19%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55378 (Savage, MN)

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