Housing & Real Estate — Savage, Minnesota
Overview
| Total Housing Units | 12,073 |
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| Occupied | 11,910 |
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| Vacant | 163 |
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| Owner-Occupied | 10,045 |
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| Renter-Occupied | 1,865 |
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| Median Home Value (Census) | $432,300 |
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| Estimated 2026 | ~$532,000 |
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| Median Rent | $1,608/mo |
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| Median Property Tax | $4,458/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 15.4% |
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| Severely Rent-Burdened | 41.2% |
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Housing Age
| Built 2010 or later | 2,054 |
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| Built 2000-2009 | 2,790 |
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| Built 1990-1999 | 3,638 |
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| Built before 1960 | 528 |
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| Median Year Built | 1997 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
