Median rents, rental comps, and market trends across 14 zip codes in St. Louis, MO.
City and county are literally separate governments here — different tax rates, different tenant laws, different everything. Once you navigate that, it's an affordable cash flow market with solid rent-to-price ratios. The learning curve is just steeper than most.
Median Asking Rent
$1,154
Rent Change (YoY)
-4.8%
Avg Days on Market
56
Active Rental Listings
1,584
Median List Price
$240,000
Average across 14 zip codes
ZIP | Median Rent |
|---|---|
| 63146 | $1,746/mo |
| 63104 | $1,395/mo |
| 63108 | $1,395/mo |
| 63110 | $1,300/mo |
| 63103 | $1,275/mo |
| 63101 | $1,250/mo |
| 63112 | $1,250/mo |
| 63139 | $1,200/mo |
| 63109 | $1,050/mo |
| 63118 | $1,050/mo |
| 63116 | $995/mo |
| 63143 | $995/mo |
| 63113 | $900/mo |
| 63111 | $899/mo |
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| Unit Size | Median Rent |
|---|---|
| Studio | $825/mo |
| 1 Bedroom | $950/mo |
| 2 Bedroom | $1,395/mo |
| 3 Bedroom | $1,750/mo |
| 4 Bedroom | $2,000/mo |
Aggregated median across all St. Louis zip codes with available data.
| ZIP | Median List Price |
|---|---|
| 63110 | $419,900 |
| 63104 | $340,000 |
| 63108 | $325,000 |
| 63109 | $324,900 |
| 63143 | $275,000 |
| 63139 | $259,900 |
| 63118 | $245,000 |
| 63146 | $240,000 |
| 63116 | $205,000 |
| 63101 | $199,000 |
| 63112 | $168,000 |
| 63103 | $159,900 |
| 63111 | $159,000 |
| 63113 | $68,000 |
| 63106 | $38,000 |
| Unit Size | Fair Market Rent |
|---|---|
| Studio | $1,150/mo |
| 1 Bedroom | $1,190/mo |
| 2 Bedroom | $1,460/mo |
| 3 Bedroom | $1,880/mo |
| 4 Bedroom | $2,170/mo |
Fair Market Rents are published annually by HUD for the St. Louis metropolitan area. Local housing authorities use these to set Section 8 voucher payment standards, typically between 90% and 110% of the FMR.
The median asking rent across St. Louis, MO is currently $1,154/month, based on active rental listings across 14 zip codes. Median asking rents have decreased by -4.8% over the past 12 months.
Asking rents vary significantly across the city. ZIP 63146 has the highest median asking rent at $1,746/month, while ZIP 63111 comes in at $899/month.
Rental listings in the area spend an average of 56 days on market before being leased, suggesting a more tenant-friendly market.
The HUD Fair Market Rent for a 2-bedroom in the St. Louis metro area is $1,460/month. Current median asking rents are near or below the FMR for this area.
St. Louis has a quirk that matters a lot for investors: the City of St. Louis is independent from St. Louis County. They're separate jurisdictions with different tax rates, school districts, and regulatory environments. That distinction affects property values, tenant quality, and your bottom line. The Central West End, Soulard, and the Grove are premium areas within the city. Webster Groves and Clayton are premium in the county. There are neighborhoods in both the city and county where the cash flow math works really well. Healthcare (Washington University, BJC) and defense (Boeing's defense division) are major employers. It's an affordable market that rewards investors who take the time to understand the specific geography.
Want to look up rental comps and rent estimates for a specific property in St. Louis? PropMetrics lets you search any address and get detailed rental data instantly.
Get rent estimates, comparable rentals, and market data for any property in St. Louis, MO. Free to start.
What rental comps are, what makes a good one, and how to use them to price your rental property accurately.
Fair market rent, Section 8, HUD... what does it all mean? A straightforward breakdown of how it works and why it matters.
A step-by-step guide to pricing your rental so it rents quickly without leaving money on the table.