104 Cheap Apartments for rent in St. Louis, MO

Last updated January 16 at 2:24pm UTC
3625 Morganford Rd
Tower Grove South
St. Louis, MO
Updated January 11 at 11:59am UTC
1 Bedroom
$450
3942 Palm St
Greater Ville
St. Louis, MO
Updated January 15 at 11:02am UTC
2 Bedrooms
$650
4437 Morganford Rd
Bevo Mill
St. Louis, MO
Updated January 16 at 10:03am UTC
1 Bedroom
$550
440 Eichelberger St
Carondelet
St. Louis, MO
Updated January 11 at 12:12pm UTC
2 Bedrooms
$550
3812 Dunnica Avenue
Dutchtown
St. Louis, MO
Updated January 13 at 9:37am UTC
1 Bedroom
$550
3847 Alberta St
Dutchtown
St. Louis, MO
Updated January 15 at 11:00am UTC
2 Bedrooms
$625
3906 California Ave
Dutchtown
St. Louis, MO
Updated January 11 at 12:11pm UTC
1 Bedroom
$500
5037 Plover Ave
Walnut Park East
St. Louis, MO
Updated January 3 at 3:38pm UTC
2 Bedrooms
$300
1416 N. Euclid Ave
Fountain Park
St. Louis, MO
Updated January 3 at 3:37pm UTC
2 Bedrooms
$395
3860 Bamberger Ave
Dutchtown
St. Louis, MO
Updated January 14 at 2:02am UTC
Studio
$695
3001 California Ave
Benton Park West
St. Louis, MO
Updated January 3 at 1:58am UTC
1 Bedroom
$450
5722 Thekla Ave
Walnut Park East
St. Louis, MO
Updated January 3 at 1:48am UTC
1 Bedroom
$600
4906 W Florissant Ave
Mark Twain
St. Louis, MO
Updated January 15 at 11:02am UTC
1 Bedroom
$550
4617 S Broadway
Mount Pleasant
St. Louis, MO
Updated January 15 at 11:01am UTC
1 Bedroom
$495
3718 Cook Avenue
Grand Center
St. Louis, MO
Updated January 4 at 12:13pm UTC
Studio
$600
4531 Louisiana Ave
Dutchtown
St. Louis, MO
Updated January 14 at 10:58am UTC
2 Bedrooms
$675
3100 PRAIRIE
JeffVanderLou
St. Louis, MO
Updated January 1 at 12:22pm UTC
2 Bedrooms
$675
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January 2018 St. Louis Rent Report

Welcome to the January 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

January 2018 St. Louis Rent Report

Welcome to the January 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 marginally over the past month

St. Louis rents have declined 0.1% over the past month, but are up slightly by 1.6% in comparison to the same time last 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 leads the state average of 0.2%, but trails the national average of 2.8%.

Rents rising across cities in Missouri

Throughout the past year, rent increases have been occurring not just in the city of St. Louis, but across the entire state. Of the largest 10 cities that we have data for in Missouri, 6 of them have seen prices rise. The state as a whole logged rent growth of 0.2% 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 $1,270; of the 10 largest Missouri cities that we have data for, 4 have seen rents fall year-over-year, with Springfield experiencing the fastest decline (-7.8%).
  • Chesterfield, St. Peters, and St. Louis have all experienced year-over-year growth above the state average (2.5%, 2.1%, and 1.6%, respectively).

St. Louis rents more affordable than many large cities nationwide

As rents have increased slightly in St. Louis, a few large cities nationwide have also seen rents grow modestly. 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 $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 1.6% rise in St. Louis.
  • While St. Louis' rents rose slightly over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in St. Louis than most large cities. For example, San Francisco has a median 2BR rent of $3,010, 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% 1.6%
St. Charles $800 $1,040 1.1% -0.6%
St. Peters $860 $1,120 -0.3% 2.1%
Florissant $770 $1,000 0.1% -0.3%
Chesterfield $980 $1,270 0.5% 2.5%
Ballwin $1,000 $1,300 -0.7% 1.6%
Maryland Heights $800 $1,040 -0.4% 1.4%

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.