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Apartments for Rent in Saint Louis, MO under $700 – 190 Rentals available

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St. Louis’s average rent reached $969 in January

St. Louis’s average rent reached $969 in January after a 1.3% increase since last year. One of Missouri’s largest job hubs and a renter majority city (52%) St. Louis is desirable place to live and work in, with apartment prices below the national average of $1,392. [View Full Report]

Saint Louis apartment rent report

St. Louis’s average rent was $969 in January

St. Louis’s average rent reached $969 in January after a 1.3% increase since last year. One of Missouri’s largest job hubs and a renter majority city (52%) St. Louis is desirable place to live and work in, with apartment prices below the national average of $1,392.

The average rent for an apartment in St. Louis increased since last year. In St. Charles apartments go for $1,019 after a 3.2% increase, and in O'Fallon, rent went up 5.3% reaching $1,123.

St. Louis apartment rent report

What it costs to rent in the largest renter hubs in the St. Louis area

The city with the largest renter share is St. Louis (52%), followed by St. Ann, where there are 44% renters. In St. Ann, apartment rents increased by 8.4% since last year, reaching $760. Maryland Heights has the third largest share of renters (42%) and has experienced a rent increase of 2.5% in the last year. reaching $988. Hazelwood, with an average rent of $788, has the fourth largest share of renters (39%) and has experienced a rent increase of 3.4% since January 2020. In Florissant, where 35% of the population are renters, the average rent is $811, seeing an increase of 4.8% compared to the past year.

The priciest and cheapest cities for renters in the St. Louis area

Chesterfield is the priciest city for renters in the Pittsburgh area, with apartments renting for $1,245 per month. The average rent for apartments in Creve Coeur is $1,232, the second most expensive, while O'Fallon ($1,123) comes in third.

For renters in search of budget-friendly apartments, St. Ann's $760 average rent is the cheapest in the St. Louis area, followed by Hazelwood's $788 rate. Florissant rentals are the third least pricey on the list, with a $811 average apartment rate.

St. Louis apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Saint Louis, MO Demographics

  • Total Population911,262
  • Female 433,319
    Male 477,942
  • Median Age35.7

Average Rent in Saint Louis, MO

  • Saint Louis, MO Average Rental Price, December 2020 $967 /mo

Saint Louis, MO Apartment Rent Ranges

  • < $5001%
  • $501-$70028%
  • $701-$1,00039%
  • $1,001-$1,50022%
  • $1,501-$2,0007%
  • > $2,0003%

Saint Louis, MO Rent Trends

Average Rent Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Dec / 2020
Saint Louis, MO $884 $882 $887 $906 $912 $928 $942 $955 $956 $963 $967
National $1,373 $1,378 $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
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Check out the average rent prices in Saint Louis by neighborhood.

Saint Louis, MO Households

  • Total Number of Households394,996
  • Family 217,920
    Non-family 177,076
  • Children 102,116
    No Children 292,880
  • Average People Per Household2.32
  • Median Household Income$48,654
  • Median Housing Costs Per Month$942

Saint Louis, MO Education Statistics

  • No High School3%
  • Some High School36%
  • Some College29%
  • Associate Degree8%
  • Bachelor Degree25%

Renting apartments in Saint Louis, MO under $700

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RENTCafé offers you 190 apartments for rent in Saint Louis, MO from 61 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $700, and make the most out of your budget.

Finding the best rental near you

Saint Louis, MO is an amazing place to call home, with several rentals under $700 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $418 in Saint Louis, MO, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RENTCafé.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!