What is the rental vacancy rate in Savage, MN?
The rental vacancy rate in Savage, MN is 0.6% (±1.0 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.5% (±0.5 points).
186 (±100) homes, 1.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Savage, the rental vacancy rate went from 1.1% in 2015–2019 to 0.6% in 2020–2024 (−0.5 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 0.6% (±1.0 points)
- Homeowner vacancy rate
- 0.5% (±0.5 points)
- Vacant homes
- 186 (±100)
Vacancy in Savage against Scott County, its state and the nation
| Savage | Scott County | Minnesota | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.6% (±1.0 points) | 3.1% (±1.8 points) | 5.3% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.5% (±0.5 points) | 0.7% (±0.5 points) | 0.6% (±0.1 points) | 0.9% |
| Vacant housing units | 186 (±100) | 1,700 (±379) | 237,075 (±4,795) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Savage, the rental vacancy rate is lower than in Scott County (3.1%).
It is also lower than in Minnesota (5.3%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Savage
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Savage | — | 0.6% (±1.0 points) | — |
| Burnsville | 4.2 mi | 2.4% (±1.5 points) | Not measurably different |
| Prior Lake | 4.4 mi | 0.9% (±1.2 points) | Not measurably different |
| Bloomington | 5.4 mi | 5.2% (±1.8 points) | Higher |
| Shakopee | 5.5 mi | 5.9% (±3.7 points) | Higher |
| Credit River | 6.1 mi | 0.0% (±35.3 points) | Not measurably different |
| Eden Prairie | 7.8 mi | 6.2% (±3.6 points) | Higher |
| Lakeville | 8.0 mi | 4.4% (±2.6 points) | Higher |
| Spring Lake Township | 8.1 mi | 0.0% (±18.7 points) | Not measurably different |
Nearby places with a measurably higher figure: Bloomington, MN (5.2%), Shakopee, MN (5.9%), Eden Prairie, MN (6.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Scott County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Sand Creek Township | 6.0% (±8.2 points) |
| 2 | Shakopee | 5.9% (±3.7 points) |
| 3 | Prior Lake | 0.9% (±1.2 points) |
| 4 | Savage | 0.6% (±1.0 points) |
| 5 (tie) | Belle Plaine | 0.0% (±5.2 points) |
| 5 (tie) | Credit River | 0.0% (±35.3 points) |
| 5 (tie) | Elko New Market | 0.0% (±26.9 points) |
| 5 (tie) | Jordan | 0.0% (±5.4 points) |
| 5 (tie) | New Prague | 0.0% (±3.1 points) |
| 5 (tie) | Belle Plaine Township | 0.0% (±51.5 points) |
Showing 10 of 18 places in Scott County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Savage
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Savage, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Savage beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Savage, and send estimates and invoices from your phone.
Questions about Savage
Is it hard to find a rental in Savage?
The rental vacancy rate in Savage, MN is 0.6% (±1.0 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Savage tighter than it was?
In Savage, the rental vacancy rate went from 1.1% in 2015–2019 to 0.6% in 2020–2024 (−0.5 percentage points), not a measurable change.
How many homes are vacant in Savage?
An estimated 186 (±100) housing units, 1.5% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Savage city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Savage city, Minnesota
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Savage city, Minnesota (place:58738, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Savage at a glance
- Median rent in Savage
- Rent by bedrooms in Savage
- Rent burden in Savage
- Renters and owners in Savage
- Income and affordability in Savage
- Home values in Savage
- Homeowner costs in Savage
- Property taxes in Savage
- Types of homes in Savage
- Bedrooms in Savage
- Age of homes in Savage
- Heating fuel in Savage
- Commute and cars in Savage
- Crime reported to police in Savage
- Population growth in Savage
- How long people stay in Savage
- Crowding and facilities in Savage
- Minnesota landlord and tenant rules
- Housing across Scott County
- Minnesota places ranked by rental vacancy rate
- Housing data for every place in Minnesota