In Savage, a typical home is worth $432,300 and typical rent is $1,766 a month. Compared with all of Scott County, typical rent is 13% higher and typical household income is 5% higher.
Typical home value from Zillow, September 2021 to September 2026: from $383,105 to $424,553.
Typical rent
$1,929a month
▲ 1.7% more than 12 months ago
Typical rent from Zillow, June 2022 to September 2026: from $1,749 to $1,929.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Savage is in Scott County. The FHA loan limit ($552,000 for a one-unit home), the fair market rents and the help on this page are those of all of Scott County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Burnsville, the typical home value is $355,200: 18% less than in Savage ($432,300).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Savage
What homes there are in Savage, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Savage
Scott County
Minnesota
United States
Kind of home: Savage and its comparisons
Measure
Savage
Scott County
Minnesota
United States
Detached house
70%
71%
66%
61%
Attached house
20%
16%
7%
6%
Building of 2 to 4
Unreliable estimate
2%
4%
8%
Apartments (5 or more)
7%
10%
19%
19%
Mobile home
Unreliable estimate
1%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Savage, 7 in 10 homes are single-family detached houses, about the same as in Scott County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Savage
Scott County
Minnesota
United States
Year built: Savage and its comparisons
Measure
Savage
Scott County
Minnesota
United States
Before 1960
4%
9%
29%
26%
1960–1979
8%
14%
23%
24%
1980–1999
48%
34%
24%
25%
2000–2009
23%
27%
13%
14%
2010 or later
17%
16%
10%
11%
By age, homes in Savage look like those in Scott County: the typical year built is 1997.
In Savage, 81% of homes have 3 bedrooms or more, more than in Scott County (77%).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K2%
$200K–$300K10%
$300K–$500K56%
$500K–$750K25%
$750K–$1M3%
$1M or moreUnreliable
Value of owner-occupied homes: Savage and its comparisons
Measure
Savage
Under $100K
Unreliable estimate
$100K–$200K
2%
$200K–$300K
10%
$300K–$500K
56%
$500K–$750K
25%
$750K–$1M
3%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49918%
$1,500–$1,99946%
$2,000–$2,49918%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Savage and its comparisons
Measure
Savage
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
18%
$1,500–$1,999
46%
$2,000–$2,499
18%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$2,312 a month
Scott County: $2,329 a month
Without a mortgage
$822 a month
Scott County: $773 a month
Owners with a mortgage
73%
Scott County: 72%
Owning costs about the same in Savage as in Scott County: with a mortgage, $2,312 a month; without one, $822.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Savage+41%
Scott County+40%
Minnesota+47%
United States+53%
Typical rent
Savage+37%
Scott County+34%
Minnesota+31%
United States+33%
Typical household income
Savage+5%
Scott County+17%
Minnesota+25%
United States+29%
Change since 2015–2019: Savage and its comparisons
Measure
Savage
Scott County
Minnesota
United States
Typical home value
+41%
+40%
+47%
+53%
Typical rent
+37%
+34%
+31%
+33%
Typical household income
+5%
+17%
+25%
+29%
The typical home value in Savage rose 41% since 2015–2019, about the same as in Scott County (40%).
The typical rent in Savage rose 37% over the same time; in Scott County, it rose 34%.
Housing prices ran ahead of income in Savage: typical income rose 5%, against +41% for home values and +37% for rent.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Savage and its comparisons
Measure
Savage
Scott County
Minnesota
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.3%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.6%
0.9%
More than one person per room
1.7%
1.7%
2.3%
3.4%
People per household
2.74
2.78
2.43
2.53
Drive alone
70%
71%
69%
69%
Carpool
6%
7%
8%
9%
Public transit
Unreliable estimate
0%
2%
3%
Walk or bike
Unreliable estimate
1%
3%
3%
Work from home
22%
20%
18%
15%
Other means
1%
2%
1%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Scott County, 1.7% of households in Savage have more than one person per room.
A household in Savage has 2.74 people on average, about the same as in Scott County (2.78).
To get to work, 70% of workers in Savage drive alone; in Scott County, 71%.
Do the math
What would you pay each month for a home in Savage?
A typical home is tight for the typical income
We start with a typical home in Savage, worth $432,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 35% of the typical household income in Savage, which is $125,513 a year. For that payment to be 28% of income, a household would need to earn about $155,053 a year.
The calculator's FHA and conventional loan limits are those of all of Scott County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Savage. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $15,131 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,618
at 7.18% · 30 years
Loan amount
$424,469
Total interest
$610,712
Paid off in
November 2056
Includes $7,300 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,929 a month
Tight
$2,929 to $3,765 a month
Your payment · 35%
Hard
more than $3,765 a month
Compared with the typical household income in Savage ($125,513 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,876
Property tax
$371
Home insurance
$180
FHA mortgage insurance (MIP)
$191
You need at least $15,131 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,618; principal and interest $2,876.
The city and its county
Savage and Scott County
Savage is in Scott County, Minnesota. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Savage
Map of Scott County, Minnesota, with Savage marked. Around it, the neighboring counties.
Savage
Scott County
Other cities with a page
Savage's own numbers
Typical home value
$432,300
Typical monthly rent
$1,766
Typical yearly household income
$125,513
Households that own their home
86%
Effective property tax rate
1.03%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Scott County
FHA limit, one-unit home
$552,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,734
Price change over 5 years (FHFA)
+35%
Homes in a high flood-risk zone
0.7%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Scott County.
A typical home in Savage is worth $432,300: 3% above the county and 31% above Minnesota. With the typical household income in Savage ($125,513 a year), a typical home costs 3.4 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Savage3.4 years
Scott3.5 years
Minnesota3.7 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Scott County
According to FHFA’s house price index, home prices in Scott County rose 66% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Scott County.
Yearly change in FHFA’s price index in Scott County, 2016 to 2025
2016: +4.7% +4.7% 2016
2017: +5.0% +5.0% 2017
2018: +5.4% +5.4% 2018
2019: +3.5% +3.5% 2019
2020: +2.9% +2.9% 2020
2021: +9.7% +9.7% 2021
2022: +13.6% +13.6% 2022
2023: +3.4% +3.4% 2023
2024: +2.3% +2.3% 2024
2025: +2.4% +2.4% 2025
Change in FHFA’s price index in Scott County, Minnesota and the United States
Period
County
Minnesota
U.S.
Last year (2025)
+2.4%
+2.8%
+2.9%
5 years (2020–2025)
+35%
+37%
+47%
10 years (2015–2025)
+66%
+71%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Savage next to Scott County, Minnesota and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Savage$432,300
Scott$419,400
Minnesota$329,300
United States$332,700
Typical monthly rent
Savage$1,766
Scott$1,568
Minnesota$1,280
United States$1,413
Typical yearly household income
Savage$125,513
Scott$119,314
Minnesota$89,062
United States$80,734
See the full table
Savage next to Scott County and Minnesota
Measure
Savage
Scott County
Minnesota
U.S.
Typical home value
$432,300 ▲3% above the county
$419,400
$329,300
$332,700
Typical monthly rent
$1,766 ▲13% above the county
$1,568
$1,280
$1,413
Typical yearly household income
$125,513 ▲5% above the county
$119,314
$89,062
$80,734
Households that own their home
86% ▲2 points above the county
84%
72%
65%
Typical yearly property tax
$4,458 ▲5% above the county
$4,230
$3,357
$3,119
Effective property tax rate
1.03% ▲0.02 points above the county
1.01%
1.02%
0.94%
Renters with high rent for their income
56% ▲4 points above the county
52%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Scott County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Savage
For a typical $432,300 home in Savage, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Savage's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,618a month
Least cash to close
Down payment
$15,131
Cash to close
$28,100
Rate
7.18%
Mortgage insurance
FHA MIP · $191
Conventional, 5% down$3,539a month
Down payment
$21,615
Cash to close
$34,584
Rate
7.18%
Mortgage insurance
PMI · $205
Conventional, 20% down, no PMI$2,894a month
Down payment
$86,460
Cash to close
$99,429
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,294a month
Down payment
$64,845
Cash to close
$77,814
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Savage
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,618
$15,131
$424,470
7.18%
FHA MIP · $191
$28,100
580
Conventional, 5% down
$3,539
$21,615
$410,685
7.18%
PMI · $205
$34,584
620*
Conventional, 20% down, no PMI
$2,894
$86,460
$345,840
7.18%
None
$99,429
620*
ITIN, 15% down (example)
$3,294
$64,845
$367,455
8.18%
None
$77,814
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Savage is $1,766 a month: 13% above the county. In Savage, 56% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Scott County, by unit size. To pay the 2-bedroom one ($1,734 a month) without spending more than 30% of your income, you would need to earn $33.35 an hour working full time.
HUD lists 4 buildings with rents for lower incomes in Savage. These are the largest.
Village CommonsConnelly Parkway - West Virginia Court, Savage 5537866 low-income homes · 1 bd: 11 · 2 bd: 34 · 3 bd: 21 · In service since 2013 · For people with disabilities, families, people experiencing homelessness
Louisiana Lofts14977 Louisiana Ave S, Savage 5537854 low-income homes · 1 bd: 11 · 2 bd: 28 · 3 bd: 15 · In service since 2019 · For people with disabilities(952) 300-9469
Villas of Caroline on RosalandMultiple Building Addresses, Savage 5537857 homes, 43 low-income · In service since 1999
Marshview Townhomes (aka Pine Meadows)Multiple Building Addresses, Savage 5537832 low-income homes · 2 bd: 14 · 3 bd: 17 · 4 bd: 1 · In service since 1999
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There is 1 HUD-approved agency with an office in Scott County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Savage or Scott County. The ones below are statewide in Minnesota: they work in Savage the same as in the rest of the state.
Minnesota state agency loan for the down payment and closing costs alongside the Start Up mortgage for first-time buyers: up to $14,000 (or $18,000 in the Plus version), with no interest or monthly payments, repaid at the end of the mortgage.Offered by Minnesota Housing (Minnesota Housing Finance Agency).
Minnesota Housing loan of up to $14,000 for the down payment and closing costs, which you repay over 15 years at the same rate as your Minnesota Housing mortgage; it works with Start Up (first-time buyers) or Step Up.Offered by Minnesota Housing (Minnesota Housing Finance Agency).
No legal help resource on our list is for Savage or Scott County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Savage and all of Scott County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Savage?
The typical home value in Savage is $432,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Scott County it is $419,400.
How much does it cost to rent in Savage?
Typical rent in Savage is $1,766 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Scott County is $1,734.
What is the FHA loan limit in Savage?
Savage uses the FHA limit for all of Scott County (2026): $552,000 for a one-unit home and $1,061,550 for a four-unit home.
How much property tax do owners pay in Savage?
The typical homeowner in Savage pays $4,458 a year, according to the U.S. Census Bureau. That is 1.03% of the home’s value; in Scott County, the rate is 1.01%.
Where can I find free help to buy or rent in Savage?
There is 1 HUD-approved counseling agency with an office in Scott County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
