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Savage, MD
Full City Profile · Maryland · Howard County County
3.9
/5.0
B+
Good
8,284
Population
3,023/sq mi density
$117,353
Median Income
$54,384 per capita
$405,600
Home Value
$581,637 Zillow
$2,106
Median Rent
28.9% income on rent
57°F
Avg Temperature
293 sunny days/yr
593
Violent Crime/100K
3,522 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$117,353 median income, 3.1% unemployment
A+
Affordability
4.7 / 5.0
$405,600 home value, $2,106/mo rent
F
Safety
1.0 / 5.0
593 violent crimes/100K (56% above avg)
A+
Education
5.0 / 5.0
52.0% bachelor's degree or higher
Housing Overview
Median Home Value
$405,600
44% above
US avg: $281,900
Median Rent
$2,106/mo
81% above
US avg: $1,163/mo
Homeownership Rate
62.0%
5% below US avg (65.4%)
Total Housing Units
2,880
Median year built: 1983
Home Value by Source
Census Median
$405,600
Zillow (ZHVI)
$581,637
Median Sale Price
$489,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.0%
Owner-Occupied
38.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$2,106/mo
Market Indicators (Redfin)
Median Days on Market
97 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$208
Affordability & Housing Stock
Rent Burden
28.9%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
62.0%
Complete Housing Data
Home Values
| Census Median Value | $405,600 |
| Zillow Home Value (ZHVI) | $581,637 |
| Median Sale Price | $489,950 |
| Price Per Sq Ft | $208 |
Rent
| Census Median Rent | $2,106 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
| Days on Market | 97 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Price Per Sq Ft | $208 |
Ownership & Stock
| Owner-Occupied | 62.0% |
| Renter-Occupied | 38.0% |
| Homeownership Rate | 62.0% |
| Total Housing Units | 2,880 |
| Median Year Built | 1983 |
| Rent Burden | 28.9% |