States › Maryland › Savage

Is Savage, MD expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,04216% higher than U.S. average
💵 Families earn per year (2026)$126,071about $10,506/month · 45% higher than U.S. average
🔑 House price$424,30028% higher than U.S. average

Rent is higher than in 71% of U.S. cities. A typical house costs about 3.4 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $81,680 a year. That is $39 an hour at a full-time job.

Is rent cheaper than other Maryland cities?

No. Rent here is more expensive than in most of Maryland. It is number 103 of 200 cities from cheapest to most expensive.

Savage
$2,042
Mount Rainier
$1,604
Baltimore Highlands
$1,465
Four Corners
$2,823
South Kensington
$3,661
Robinwood
$1,493
Brunswick
$1,281

How much do households earn in Savage?

Under $25k
9.0%
$25k–50k
9.0%
$50k–100k
33.2%
$100k–150k
23.2%
$150k+
24.0%

Share of households by yearly income. 47.2% of households earn $100,000 or more.

Rent by apartment size in Savage

SizeSavageU.S. average
1 bedroom$1,762$1,324
2 bedrooms$2,239$1,509
3 bedrooms$2,494$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Savage overall?

Everyday prices in Maryland overall are 5% above the U.S. average (index 105.0, U.S. = 100).

Housing
121
Goods (food, clothes…)
103
Utilities
111
Other services
102
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Savage, so the Maryland figure is shown.

Taxes and bills in Savage

🏛️ Property tax$5,452a year · 1.28% of home value · U.S. $3,119
⚡ Electric bill$199a month (typical) · U.S. $156

Life in Savage

Commute to work24.2 minU.S.: 26.4 min
College degree51.8%U.S.: 35.7%
Own their home58.6%U.S.: 65.2%
Below poverty line5.6%U.S.: 12.5%
Unemployment4.8%U.S.: 5.2%

Is it cheaper to rent or buy in Savage?

Renting is cheaper right now: about $902 a month less.

Renting
$2,042
Owning
$2,944

Owning assumes a typical $424,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,430 for the down payment.

Frequently asked questions

What is the average rent in Savage, MD?

Renting in Savage costs a median of about $2,042 a month in 2026, including utilities. The Maryland median is $2,010.

How much do I need to make to live in Savage?

To keep rent under 30% of income, you need about $81,680 a year, or $39 an hour at a full-time job.

Is Savage cheap or expensive?

Savage is rated Cheap: rent takes 19.4% of the typical household income of $126,071. It ranks 103rd cheapest of 200 Maryland cities we track.

How much are property taxes in Savage?

The median homeowner in Savage pays $5,452 a year in property taxes, about 1.28% of the median home value.

Is Savage more expensive than the national average?

Overall prices in Maryland are 5% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Savage?

The median home value in Savage is $424,300, about 3.4 times the typical yearly household income.

8,239 people live in Savage. Numbers are typical (middle) values.