Saint Louis, Missouri Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Saint Louis, Missouri rental market.
Saint Louis, Missouri
Average Apartment Rent
$1,424
Y-o-Y Change in Average
Apartment Rent
2.6%
As of March 2026
Compared to a year ago, Saint Louis, Missouri apartments have recorded a 2.6% rent increase.
Saint Louis, Missouri Average apartment rent trend
Saint Louis, Missouri Average Apartment Rent
Saint Louis, Missouri Apartment rent ranges
At 36.63%, apartments priced $1,000 - $1,500 represent the bulk of Saint Louis, Missouri rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.92%.
Saint Louis, Missouri Housing tenure**
Renters take up 55% of Saint Louis, Missouri real estate, occupying a total of 78,886 units, while homeowners live in 64,173 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$37,053
Average household size of renter-occupied housing units**
1.84
Rental vacancy rate**
7.6%
Saint Louis, Missouri Renter-occupied housing units by no. of bedrooms**
There are 33,262 rentals in Saint Louis, Missouri with 1 bed making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 664 units. Overall, the median number of rooms in Saint Louis, Missouri homes for rent is 3.9.
Saint Louis, Missouri Renter-occupied units by age of householder**
Most condos for rent in Saint Louis, Missouri are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 35 - 44 years age group (16%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Saint Louis, Missouri Renter-occupied housing units by family type**
Saint Louis, Missouri Renter-occupied housing units by the presence of own children**
A total of 24,924 apartments for rent in Saint Louis, Missouri, or 32% of all rentals are family households. Additionally, 19% of rental homes include children under the age of 18 – that’s 14,820 units. All in all, the median size of a renter-occupied household in Saint Louis, Missouri is 1.84.
Saint Louis, Missouri Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 35% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Saint Louis, Missouri.
Saint Louis, Missouri Renter-occupied units by year structure built**
The highest share of Saint Louis, Missouri apartment rentals, namely 49% or 38,548 units, were Built 1939 or earlier, followed by those Built 1950 - 1959 (10%, 7,572 units), and the ones Built 1960 - 1969 (9%, 6,855 units).
Saint Louis, Missouri Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Saint Louis, Missouri renters (44%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Saint Louis, Missouri condos for rent is 2017.
Saint Louis, Missouri Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Saint Louis, Missouri renters have 1 vehicle available per household, 29% of them have No vehicle available, and 18% have 2 vehicles available.
Saint Louis, Missouri Means of transportation to work of householders living in renter-occupied housing units**
Saint Louis, Missouri Geographical mobility in the past year for householders living in renter-occupied housing units**
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, Missouri 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.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
