19 Apartments under 500 for rent in St. Louis, MO

Last updated August 17 at 2:33am UTC
3625 Virginia Avenue
Gravois Park
St. Louis, MO
Updated August 16 at 5:36pm UTC
1 Bedroom
$450
4255 Ashland Ave
Greater Ville
St. Louis, MO
Updated August 7 at 10:11am UTC
Studio
$350
1416 N. Euclid Ave
Fountain Park
St. Louis, MO
Updated August 3 at 10:08am UTC
2 Bedrooms
$395
5060 Chippewa
Southampton
St. Louis, MO
Updated July 19 at 6:26pm UTC
1 Bedroom
$495
501 HENRY
Middletown
Alton, IL
Updated August 17 at 2:33am UTC
1 Bedroom
$395
713 CENTRAL Avenue
Alton
Alton, IL
Updated July 19 at 6:27pm UTC
1 Bedroom
$425
5037 Plover Ave
Walnut Park East
St. Louis, MO
Updated August 1 at 10:41am UTC
2 Bedrooms
$300
5109 Saint Louis Ave
Kingsway West
St. Louis, MO
Updated April 17 at 6:51pm UTC
4 Bedrooms
$195
3526 Minnesota Ave
Gravois Park
St. Louis, MO
Updated August 17 at 1:12am UTC
1 Bedroom
$475
301 E Courtois St
Patch
St. Louis, MO
Updated August 16 at 1:23am UTC
1 Bedroom
$475
3817 S Compton Ave
Dutchtown
St. Louis, MO
Updated August 16 at 1:23am UTC
1 Bedroom
$495
4205 Ellenwood Ave
Bevo Mill
St. Louis, MO
Updated August 15 at 5:25pm UTC
1 Bedroom
$395
4308 Wallace St
Bevo Mill
St. Louis, MO
Updated August 15 at 5:24pm UTC
1 Bedroom
$450
3842 Virginia Ave
Dutchtown
St. Louis, MO
Updated August 15 at 5:23pm UTC
1 Bedroom
$450
3235 Mt Pleasant St
Dutchtown
St. Louis, MO
Updated August 13 at 1:24am UTC
1 Bedroom
$495
3465 Gasconade St
Dutchtown
St. Louis, MO
Updated August 12 at 5:21pm UTC
Studio
$390
4209 Ellenwood Ave
Bevo Mill
St. Louis, MO
Updated August 8 at 5:23pm UTC
1 Bedroom
$450
Results within 10 miles of St. Louis, MO
4732 W Florissant Ave
Mark Twain
St. Louis, MO
Updated August 6 at 5:24pm UTC
1 Bedroom
$475
4654 Morganford Rd
Bevo Mill
St. Louis, MO
Updated July 22 at 1:20am UTC
1 Bedroom
$495

August 2018 St. Louis Rent Report

Welcome to the August 2018 St. Louis Rent Report. St. Louis rents declined over the past month. In this report, we'll evaluate trends in the St. Louis rental market, including comparisons to cities throughout the state and nation.

View full St. Louis Rent Report
Rent Report
St. Louis

August 2018 St. Louis Rent Report

Welcome to the August 2018 St. Louis Rent Report. St. Louis rents declined over the past month. In this report, we'll evaluate trends in the St. Louis rental market, including comparisons to cities throughout the state and nation.

St. Louis rents declined over the past month

St. Louis rents have remained steady over the past month, but have decreased slightly by 0.5% year-over-year. Currently, median rents in St. Louis stand at $720 for a one-bedroom apartment and $930 for a two-bedroom. St. Louis' year-over-year rent growth lags the state average of 0.0%, as well as the national average of 1.2%.

Rents rising across cities in Missouri

While rent decreases have been occurring in the city of St. Louis over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in 6 of the largest 10 cities in Missouri for which we have data. The state as a whole experienced flat rent growth over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Chesterfield is the most expensive of all Missouri's major cities, with a median two-bedroom rent of $1,260; of the 10 largest cities in Missouri that we have data for, Springfield, St. Charles, and Columbia, where two-bedrooms go for $680, $1,050, and $720, respectively, are the three major cities in the state besides St. Louis to see rents fall year-over-year (-2.3%, -1.4%, and -0.1%).
  • St. Peters, Kansas City, and Independence have all experienced year-over-year growth above the state average (1.9%, 0.8%, and 0.6%, respectively).

St. Louis rents more affordable than many large cities nationwide

As rents have fallen moderately in St. Louis, many large cities nationwide have seen prices increase, in some cases substantially. St. Louis is also more affordable than most large cities across the country.

  • St. Louis' median two-bedroom rent of $930 is below the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 0.5% decline in St. Louis.
  • While rents in St. Louis fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+2.4%), Atlanta (+1.8%), and San Francisco (+1.1%).
  • Renters will find more reasonable prices in St. Louis than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than three times the price in St. Louis.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
St. Louis $720 $930 -0.1% -0.5%
St. Charles $810 $1,050 -0.7% -1.4%
St. Peters $880 $1,140 0.4% 1.9%
Florissant $770 $1,000 -0.0% 0.0%
Chesterfield $970 $1,260 -1.1% 0.1%
Ballwin $1,010 $1,320 1.1% -0.7%
Maryland Heights $810 $1,050 0.4% 0.7%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.