Is Savage, MN a good place to invest in rental property?

Savage, MN has a median modeled monthly cash flow of $-1,534 and a median cap rate of 2.7%, on a median sold price of $425,000. Prices changed -2.6% year over year.

What is the average cap rate in Savage, MN?

The median cap rate across recently sold homes in Savage, MN is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Savage, MN?

The median sold price in Savage, MN is $425,000 (about $184 per square foot).

Investing in Savage, MN Real Estate

A data-driven snapshot of the Savage, MN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$425,000Median sold price

$184Median $/sqft

2.7%Median cap rate

$-1,534Modeled cash flow / mo

-2.6%Appreciation YoY

7.9Months of supply

143Active listings

216Sold (last 12 mo)

What the Savage numbers say

In Savage, MN, the median home sold for $425,000 (about $184 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,534 of monthly cash flow. Sold prices moved -2.6% over the past year. Inventory sits at about 7.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Minnesota markets to compare

See Savage cash-flowing listings

CashFlowRE ranks every for-sale home in Savage, MN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Savage deals, or browse the national market data.