St. Louis, MO Rental Market
St. Louis is a major Midwest metro anchored by Anheuser-Busch InBev (global beer HQ), Boeing's defense operations, and Washington University in St. Louis — a world-class research university consistently ranked in the top 20 nationally. BJC HealthCare and SSM Health provide massive healthcare employment, and the city's affordable home prices make it one of the best-valued major metros in the country for rental investment. The vibrant Central West End and neighborhoods along the MetroLink rail line attract young professional renters.
Get a rent estimate for an address in St. LouisAverage Rent in St. Louis, MO
$1,120
per month · 2026-06
Market Score
Key Facts — St. Louis, MO Rental Market
- Average rent in St. Louis, MO:$1,120/mo
- Median rent:$1,030/mo
- Rent range:$550 – $2,450/mo
- Most common rental (2 bedrooms):$975/mo
- Active listings:2,000
- Avg days to lease:30 days
- Year-over-year change:+3.0%
- Median home value:$180,000
- Est. gross annual yield:7.5%
- Data as of:2026-06
Rent by Bedroom in St. Louis, MO
Average monthly rent for each bedroom type based on current active listings in St. Louis.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $800/mo |
2 Bedrooms | $975/mo |
3 Bedrooms | $1,250/mo |
4 Bedrooms | $1,550/mo |
5 Bedrooms | $1,775/mo |
St. Louis Rental Market Statistics
Key indicators from the current St. Louis, MO rental market.
2,000
Available now in St. Louis
30
From list to lease
$0.88
Average across listings
1,268 sq ft
Typical rental size
$550 – $2,450
Min to max active listings
+3.0%
Avg rent vs. prior year
Investing in St. Louis, MO Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$180,000
Typical purchase price in St. Louis
Est. Gross Annual Yield
7.5%
Before expenses & vacancy
Avg Monthly Income
$1,120
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in St. Louis for a full cash-flow breakdown including all costs.
St. Louis, MO Rental Market FAQ
Common questions about renting and investing in St. Louis, MO.
What is the average rent in St. Louis, MO?
The average rent in St. Louis, MO is $1,120 per month as of 2026. One-bedroom apartments average $800/mo, two-bedrooms $975/mo, and three-bedroom homes $1,250/mo. The Central West End, The Grove, and Soulard neighborhoods command above-average rents, while south city and north county neighborhoods offer lower price points.
Is St. Louis, MO a good place to invest in rental property?
St. Louis offers a 7.5% estimated gross annual yield — the highest of any major Missouri city — driven by its very low median home value (~$180,000). Anheuser-Busch, Boeing, Washington University, and BJC HealthCare provide a deeply diversified employer base. The city's affordability makes it one of the highest-yield major metros in the country.
How competitive is the St. Louis, MO rental market?
St. Louis averages 30 days on market across approximately 2,000 active listings. The Central West End, Tower Grove, and Soulard neighborhoods are highly competitive. The MetroLink light rail corridor supports demand across a wider geographic area, and Washington University drives consistent demand in the Delmar Loop area.
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