Market Analysis
St. Louis Rental Market
Rental investment market data and analysis · Updated November 2026
Median Home Price
$257,450
Average Monthly Rent
$1,249
Estimated Cap Rate
5.8%
Rent-to-Price Ratio
0.5%
Below 1% Rule
Rent ÷ price by zip code
0 of 4 clear the 1% rule · November 2026
| Zip | Median price | Median rent | Rent ÷ price |
|---|---|---|---|
| 63101 | $189,900 | $1,300 | 0.68% |
| 63116 | $215,000 | $1,050 | 0.49% |
| 63130 | $330,000 | $1,550 | 0.47% |
| 63109 | $299,900 | $1,095 | 0.37% |
Context · FRED home price index
Market Trends
St. Louis metro area — % change since 2018
Home Prices
+70.0%
Rent Index
+34.7%
Average Rent by Bedroom
| Bedrooms | Avg Rent |
|---|---|
| Multi-Family | $1,150/mo |
| Apartment | $1,166/mo |
| Condo | $1,220/mo |
| Single Family | $1,613/mo |
| Townhouse | $1,673/mo |
Sample Investment Analysis
Based on median price + average rent, 20% down, 6.8% rate, 30yr
Purchase Price$257,450
Down Payment (20%)$51,490
Monthly P&I$1,343
Monthly Rent$1,249
Est. NOI$8,993/yr
Est. Cash Flow-$593/mo
Cash on Cash-12.6%
The St. Louis market is cash-flow negative at median prices. Look for properties 15-20% below median or with value-add potential.
What Investors Should Know About St. Louis
- 1Moderate cap rates suggest balanced cash flow and appreciation
- 21% Rule fails at median prices — need rent of $2,575/mo to pass
- 3Below-average rents keep entry costs low for new investors
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