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

Last updated May 24 at 1:54am UTC
4407 Chippewa St
Tower Grove South
St. Louis, MO
Updated May 24 at 1:37am UTC
1 Bedroom
$450
4375 Chippewa St
Tower Grove South
St. Louis, MO
Updated May 23 at 5:42pm UTC
1 Bedroom
$450
5044 Pernod Ave
Northampton
St. Louis, MO
Updated May 23 at 2:07am UTC
1 Bedroom
$499
5037 Plover Ave
Walnut Park East
St. Louis, MO
Updated May 22 at 8:40pm UTC
2 Bedrooms
$300
4338 Fairview Avenue
Tower Grove South
St. Louis, MO
Updated May 18 at 1:12am UTC
1 Bedroom
$450
4409 Chippewa St
Tower Grove South
St. Louis, MO
Updated May 15 at 6:04pm UTC
1 Bedroom
$450
4405 Chippewa St
Tower Grove South
St. Louis, MO
Updated April 27 at 1:47am UTC
1 Bedroom
$450
1416 N. Euclid Ave
Fountain Park
St. Louis, MO
Updated April 24 at 11:29am UTC
2 Bedrooms
$395
5109 Saint Louis Ave
Kingsway West
St. Louis, MO
Updated April 17 at 6:51pm UTC
4 Bedrooms
$195
120 Church St
Ferguson
Ferguson, MO
Updated May 24 at 1:54am UTC
1 Bedroom
$495
Results within 5 miles of St. Louis, MO
2350 Benton Street
Granite City
Granite City, IL
Updated May 12 at 2:51am UTC
Studio
$250
1011 STATE Street
Alton
Alton, IL
Updated May 17 at 7:14am UTC
1 Bedroom
$400
Results within 10 miles of St. Louis, MO
566 Leffingwell Avenue
Kirkwood
Kirkwood, MO
Updated April 11 at 3:13pm UTC
Studio
$350
4255 Ashland Ave
Greater Ville
St. Louis, MO
Updated April 17 at 6:51pm UTC
2 Bedrooms
$350
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May 2018 St. Louis Rent Report

Welcome to the May 2018 St. Louis Rent Report. St. Louis rents remained steady 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

May 2018 St. Louis Rent Report

Welcome to the May 2018 St. Louis Rent Report. St. Louis rents remained steady 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 held steady over the past month

Over the past month St. Louis rents have remained steady. Currently, median rents in St. Louis stand at $710 for a one-bedroom apartment and $930 for a two-bedroom. St. Louis' year-over-year rent growth lags the state average of 0.5%, as well as the national average of 1.5%.

Rents rising across cities in Missouri

Throughout the past year, rents have remained steady in the city of St. Louis, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in Missouri, 7 of them have seen prices rise. The state as a whole logged rent growth of 0.5% 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 $1,280; of the 10 largest cities in Missouri that we have data for, St. Charles, Springfield, and Columbia, where two-bedrooms go for $1,040, $680, and $730, respectively, are the three major cities in the state to see rents fall year-over-year (-2.6%, -1.2%, and -0.1%).
  • Chesterfield, St. Peters, and Blue Springs have all experienced year-over-year growth above the state average (3.2%, 2.8%, and 1.9%, respectively).

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. St. Louis is still more affordable than most large cities across the country.

  • St. Louis' median two-bedroom rent of $930 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the stagnant growth in St. Louis.
  • While rents in St. Louis remained moderately stable this year, similar cities saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%); note that median 2BR rents in these cities go for $1,030, $1,170, and $1,320 respectively.
  • Renters will find more reasonable prices in St. Louis than most large cities. For example, San Francisco has a median 2BR rent of $3,060, 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 $710 $930 0.1% 0.1%
St. Charles $800 $1,040 0.6% -2.6%
St. Peters $860 $1,120 0.0% 2.8%
Florissant $770 $990 0.1% 0.5%
Chesterfield $990 $1,280 0.4% 3.2%
Ballwin $1,010 $1,310 0.9% 2.7%
Maryland Heights $800 $1,040 0.3% 1.6%

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.