Located on the The Hill is traditionally known as an Italian neighborhood and it has maintained this reputation proudly. Everything seems to be painted in red, white, and green after the Italy’s National Flag. This neighborhood is known for its intimate feel and strong sense of community. Not surprisingly, there are many amazing Italian restaurants and cafes to choose from on a day out. This neighborhood is also known for its many religious-based parades, including its Columbus Day Parade and Feast of the Corpus Christi. Residents have many fantastic bungalows to choose from, as well as lovely manicured lawns.
If you're not sure how much an apartment will cost, the table below shows the average price by size.
Welcome to the March 2020 St Louis Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the March 2020 key findings and figures for the St Louis rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in St Louis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of St Louis rent prices in the chart below.
St Louis rent prices decreased over the last month. From February to March, the city experienced a -2.13% decrease for the price of a one-bedroom apartment. The rent price for a St Louis one-bedroom apartments currently stands at $917.0.
When we take a look at the two-bedroom comparison from February to March, St Louis experienced a -1.87% decrease for the price of a two-bedroom apartment. The rent price for a St Louis two-bedroom apartments currently stands at $998.0.
Rent prices have decreased in St Louis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the St Louis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Belleville, IL, Creve Coeur, MO .
Rent decreased in Oakland, MO, Chesterfield, MO, Florissant, MO, Glen Carbon, IL.
3 suburbs are currently priced higher than the city of St Louis.
3 suburbs are currently priced lower than the city of St Louis.
Rent growth in St Louis over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, St Louis rent prices appear to be relatively affordable for local residents.
The price for a St Louis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
You can view the full rundown of ABODO's March 2020 National Apartment Report and data set here.
For more information about St Louis and surrounding area rent prices, take a look at the complete data set below.
|1 BR March||1 BR M/M % Change||2 BR March||2 BR M/M % Change|
|St Louis, MO||$937.0||1.30%||$1,017.0||0.49%|
|Creve Coeur, MO||$1,169.0||0.52%||$1,501.0||1.49%|
|Glen Carbon, IL||$725.0||0.00%||$822.0||1.98%|
Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.