Saint Louis, MO Rental Market Trends

Highlights

The average rent for an apartment in Saint Louis is $943, a 4% increase compared to the previous year, when the average rent was $911.

Average Rent in Saint Louis, MO

Last updated Feb 2019
Average Rent Y-o-Y Change Average Apartment Size
$943 4% 845 sq. ft.

The average size for a Saint Louis, MO apartment is 845 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Saint Louis, MO Apartment Rent Ranges

  • < $5003%
  • $501-$70032%
  • $701-$1,00035%
  • $1,001-$1,50021%
  • $1,501-$2,0006%
  • > $2,0003%

Saint Louis, MO Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Feb / 2019
Saint Louis, MO $871 $884 $883 $890 $909 $911 $924 $926 $943
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average Rent in Saint Louis, MO By Neighborhood

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The most affordable neighborhoods in Saint Louis are Benton Park West, where the average rent goes for $478/month, Gravois Park, where renters pay $478/mo on average, and Marine Villa, where the average rent goes for $478/mo. If you’re looking for other great deals, check out the listings from Baden ($496), North Pointe ($496), and North Riverfront ($496), where the asking prices are below the average Saint Louis rent of $943/mo.

The most expensive neighborhoods in Saint Louis are Missouri Botanical Garden ($1,538), Shaw ($1,538) and The Hill ($1,538).

Saint Louis | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Academy is 163% higher than in Baden

$1,303

Academy rent is 38% higher than Saint Louis average

Average Rent $1,303
$496

Baden rent is 47% lower than Saint Louis average

Average Rent $496

How Does Saint Louis Compare to Nearby Cities

Average Rent Y-o-Y Change
Saint Louis $943 4%
Kansas City $931 3%
Lee's Summit $1,021 4%
Independence $746 2%
Liberty $717 3%

For more information about the Saint Louis rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Saint Louis apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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