Home prices
The median home in Savage costs $336,200. It is roughly $49,720 (12%) lower in comparison to nearby areas.Compared to the country as a whole it is approximately $118,700 (54%) higher, and is about $265,300 (44%) lower in comparison to the city of Washington.
Rents
Savage's median monthly rent is $1,359. In comparison to nearby areas it is roughly $525 (27%) lower.Compared to the entire nation it is roughly $297 (27%) higher, and compared to the city of Washington it is roughly $182 (11%) lower.
Nearby places
North Laurel
North Laurel is Savage's neighbor to the southwest. The housing prices there are a little more expensive. The median home price in North Laurel is $359,000, which is $22,800 (6%) higher than Savage. Rent there is a bit more expensive. In North Laurel the median monthly rent is $1,733, which is $374 (21%) higher than Savage.
Columbia
Columbia is Savage's neighbor to the northwest. Its real estate prices are somewhat more expensive. The median home price in Columbia is $378,300, which is $42,100 (11%) higher than Savage. The rent there is a bit more expensive. Columbia's median rent is $1,722 a month, which comes out to $363 (21%) higher than Savage.
Jessup
Jessup is roughly 2 miles east from Savage. Its real estate prices are a little more expensive. The median home in Jessup costs $365,500, which is $29,300 (8%) higher than Savage. Rents there are a bit more expensive. In Jessup the median monthly rent is $1,708, which comes out to $349 (20%) higher than Savage.
Scaggsville
Scaggsville is approximately 2 miles west of Savage. Real estate prices there are significantly more expensive. The value of the median home in Scaggsville is $511,300, which works out to $175,100 (34%) higher than Savage. Rent there is a lot more expensive. In Scaggsville the median rent is $2,431 a month, which is $1,072 (44%) higher than Savage.
Maryland City
Maryland City is roughly 3 miles south from Savage. Its housing prices are a bit less expensive. The cost of the median home in Maryland City is $315,500, which is $20,700 (6%) lower than Savage. The rent there is a bit more expensive. In Maryland City the median rent is $1,824 per month, which comes out to $465 (25%) higher than Savage.