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Studio Apartments for Rent in Savage, MN

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  • /91

    Starting at $1,385 Plus Fees

    • Studio - 2 Beds

    13958 Edgewood Ave, Savage, MN 55378

    Located in the peaceful suburb of Savage with connectivity to the entire Minneapolis metro, Reside offers comfort, convenience and a sense of community. Enjoy 24/7 access to the clubhouse with an on-site rental office, fitness center, dog wash and clubroom. The private community pool, patio and grilling stations make for the perfect spot to hang out and entertain guests during warm summer months.

    Reside

    13958 Edgewood Ave, Savage, MN 55378
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    Starting at $1,395

    Total Monthly Price

    • Studio - 3 Beds

    14125 Louisiana Ave S, Savage, MN 55378

    Springs at Egan Drive is a gated, garden-style apartment community in Savage, Minnesota, in the Minneapolis/Twin Cities metro. Residents enjoy private entry living with an in-home washer/dryer, a private balcony or patio, and a professional onsite team. Springs at Egan Drive offers studio, one, two, and three bedroom floor plans. Pricing varies by floor plan, lease length, and availability. The

    Springs at Egan Drive

    14125 Louisiana Ave S, Savage, MN 55378

Why Live in Savage

Savage, Minnesota, located 15 miles southwest of downtown Minneapolis, is a community with a rich historical backdrop and modern suburban appeal. Known for its manufacturing roots and historical significance along the Minnesota River, Savage has evolved from a small farming community to a bustling area with around 33,000 residents. The city is named after Marion Savage, the owner of the famous racehorse Dan Patch, celebrated annually during the Dan Patch Days festival. Savage is home to A-rated schools, including Prior Lake-Savage Area Schools and Prior Lake High School, which offer advanced curricula and are highly regarded in Scott County. The city features 23 parks and 30 miles of paved trails, with Savage Community Park serving as a central hub for recreation and gatherings. Residents enjoy diverse amenities, including a fishing pond, skate park, and sports center. Shopping and dining options are plentiful along Egan Drive, with grocers like Cub Foods and Hy-Vee, and eateries such as the Windmill Cafe. The area is well-connected via State Road 13 and U.S. Interstate 35W, with public transit provided by the Minnesota Valley Transit Authority. Savage boasts lower crime rates compared to the national average, contributing to its appeal as a safe place to live. Housing styles range from multi-family townhouses to single-family homes, with new developments offering spacious lots and modern amenities.

Frequently Asked Questions

How much does it cost to rent a home in Savage, MN?
The median rent for a home in Savage, MN is $2,650 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Savage, MN?
To comfortably afford the median rent in Savage, MN, a household needs to earn roughly $106,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,650 per month in Savage, MN, renters typically need to show $7,950 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Savage, MN?
In Savage, MN, the price-to-rent ratio is 13.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Savage, MN are best for renting a home?
The best neighborhood for renting in Savage, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West Bloomington and South Loop, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,650
Median Single Family Home Rent
$2,600
Median Townhouse Rent
$2,075
How to Rent a Home