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

Last updated September 25 at 5:50PM
4115 N. Taylor
Penrose
St. Louis, MO
Updated September 14 at 10:06PM
2 Bedrooms
$395
3530 Miami St
Gravois Park
St. Louis, MO
Updated September 21 at 11:13AM
1 Bedroom
$495
1416 N. Euclid Ave
Fountain Park
St. Louis, MO
Updated September 14 at 10:06PM
2 Bedrooms
$395
5037 Plover Ave
Walnut Park East
St. Louis, MO
Updated September 14 at 10:06PM
2 Bedrooms
$300
6134 S Grand Blvd
Carondelet
St. Louis, MO
Updated September 24 at 1:42AM
1 Bedroom
$475
4237 Lawn Ave
Southampton
St. Louis, MO
Updated September 22 at 7:03PM
Studio
$405
5309 Michigan Ave
Carondelet
St. Louis, MO
Updated September 25 at 5:36PM
1 Bedroom
$495
4202 California Ave
Mount Pleasant
St. Louis, MO
Updated September 24 at 1:47AM
1 Bedroom
$475
4902 Winona Ave
Southampton
St. Louis, MO
Updated September 24 at 6:27PM
1 Bedroom
$485
4733 Morganford Rd
Bevo Mill
St. Louis, MO
Updated September 23 at 9:52AM
1 Bedroom
$450
3859 S Spring Ave
Dutchtown
St. Louis, MO
Updated September 14 at 10:07PM
1 Bedroom
$450
4211 Lawn Ave
Southampton
St. Louis, MO
Updated September 21 at 1:47AM
Studio
$405
4000 Pennsylvania Ave
Dutchtown
St. Louis, MO
Updated September 22 at 7:18PM
1 Bedroom
$450
6414 Hampton Avenue
St. Louis Hills
St. Louis, MO
Updated September 14 at 10:05PM
Studio
$400
4383 Chippewa St
Bevo Mill
St. Louis, MO
Updated September 22 at 9:25AM
1 Bedroom
$450
Results within 1 miles of St. Louis, MO
430 Chambers Rd
Riverview
Riverview, MO
Updated September 24 at 6:27PM
1 Bedroom
$450
2524 Telegraph Rd
Oakville
Mehlville, MO
Updated September 24 at 6:27PM
1 Bedroom
$475
Results within 5 miles of St. Louis, MO
120 Church St
Ferguson
Ferguson, MO
Updated September 19 at 10:25AM
1 Bedroom
$450
2510 Telegraph Road
Lemay
Lemay, MO
Updated September 25 at 5:50PM
1 Bedroom
$475
434 Chambers Rd
Riverview
Riverview, MO
Updated September 24 at 6:27PM
1 Bedroom
$450
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Rent Report
St. Louis

September 2017 St. Louis Rent Report

Welcome to the September 2017 St. Louis Rent Report. In this report, we'll evaluate trends in the St. Louis rental market, including comparisons to similar cities nationwide.

St. Louis rents declined moderately over the past month

St. Louis rents have declined 0.4% over the past month, but have increased moderately by 2.6% in comparison to the same time last year. Currently, median rents in St. Louis stand at $720 for a one-bedroom apartment and $940 for a two-bedroom. St. Louis' year-over-year rent growth leads the state average of 1.8%, but trails the national average of 3.0%.

St. Louis rents more affordable than many large cities nationwide

Rent growth in St. Louis has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. St. Louis is still more affordable than most large cities across the country.

  • St. Louis' median two-bedroom rent of $940 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 2.6% increase in St. Louis.
  • While rents in St. Louis remained moderately stable this year, similar cities saw increases, including Seattle (+5.4%), Phoenix (+4.9%), and Denver (+3.0%); note that median 2BR rents in these cities go for $1,710, $1,020, and $1,350 respectively.
  • Renters will find more reasonable prices in St. Louis than most large cities. For example, San Francisco has a median 2BR rent of $3,070, 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.

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.