St. Louis County Missouri Residential Rent and Rental Statistics
The median monthly gross residential rent in St. Louis County MO was $965 in 2019 according to the Census ACS survey.1 Average gross rent in St. Louis County was $1,016 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 St. Louis County median and average rent data will be released in September of 2021.
Data is also available below for St. Louis County rental vacancy rates, St. Louis County rent as a percent of median income and the fraction of renters in St. Louis County.
Real Gross Rent in St. Louis County Missouri (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Missouri Median Gross Rent | $834 | -1.30% | +3.35% |
St. Louis County MO Median Gross Rent | $965 | -1.83% | -0.82% |
St. Louis County MO Real Gross Rent Trends
Median gross rent for St. Louis County peaked in real terms in 2017 at $988 and is now $23 (2.33%) lower. Average gross rent for St. Louis County peaked in real terms in 2017 at $1,030 and is now $14 (1.36%) lower.
Real Gross Rent: St. Louis County MO Median, St. Louis County MO Average, Missouri Median, US Median
Real Gross Rent History for St. Louis County
Date | US Median |
Missouri Median |
St. Louis County MO Median |
St. Louis County MO Average |
---|---|---|---|---|
2019 | $1,097 | $834 | $965 | $1,016 |
2018 | $1,077 | $845 | $983 | $1,001 |
2017 | $1,043 | $825 | $988 | $1,030 |
2016 | $1,027 | $807 | $973 | $994 |
2015 | $1,017 | $809 | $971 | $1,013 |
2014 | $986 | $796 | $922 | $976 |
2013 | $953 | $773 | $942 | $974 |
2012 | $940 | $751 | $885 | $930 |
2011 | $941 | $765 | $909 | $926 |
2010 | $955 | $762 | $872 | $925 |
2009 | $960 | $761 | $913 | $935 |
2007 | $927 | $726 | $869 | $929 |
2005 | $910 | $741 | $896 | $946 |
St. Louis County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for St. Louis County Missouri was 4.49% according to Census ACS data.
Rental Vacancy Rate in St. Louis County Missouri
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Missouri | 5.15% | -1.42% | -1.66% |
St. Louis County MO | 4.49% | -0.51% | -1.74% |
Trends in St. Louis County MO Rental Vacancy Rate
The rental vacancy rate in St. Louis County peaked in 2013 at 9.93%. Since then it has fallen by 5.44% to 4.49%. Data records for this series originated in 2005.
Rental Vacancy Rate: St. Louis County MO, Missouri, US
Historical Rental Vacancy Rate data for St. Louis County
Date | US | Missouri | St. Louis County MO |
---|---|---|---|
2019 | 5.97% | 5.15% | 4.49% |
2018 | 6.15% | 6.57% | 5.00% |
2017 | 6.18% | 6.40% | 5.31% |
2016 | 5.89% | 6.81% | 6.23% |
2015 | 5.85% | 6.43% | 6.77% |
2014 | 6.32% | 7.16% | 8.23% |
2013 | 6.49% | 6.86% | 9.93% |
2012 | 6.77% | 6.74% | 6.74% |
2011 | 7.40% | 8.22% | 7.04% |
2010 | 8.17% | 8.25% | 7.33% |
2009 | 8.43% | 8.24% | 5.70% |
2007 | 7.87% | 8.36% | 6.19% |
2005 | 7.74% | 9.28% | 8.08% |
Rent as a Fraction of Income
Using median household income data for St. Louis County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For St. Louis County, median monthly gross rent as a fraction of median household income was 16.54% in 2019 according to the ACS.
St. Louis County Missouri Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Missouri | 17.43% | -0.85% | -0.45% |
St. Louis County MO | 16.54% | -0.82% | -1.28% |
Trends in St. Louis County MO Rent as a Fraction of Income
The fraction of median St. Louis County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 18.43%. Since then it has fallen by 1.89% to 16.54%.
Fraction of Income towards Rent: St. Louis County MO, Missouri, US
Historical Data for Annual Rent as a Fraction of Income in St. Louis County Missouri
Date | US | Missouri | St. Louis County MO |
---|---|---|---|
2019 | 20.03% | 17.43% | 16.54% |
2018 | 20.50% | 18.28% | 17.36% |
2017 | 20.13% | 17.92% | 17.75% |
2016 | 20.43% | 17.88% | 17.82% |
2015 | 20.63% | 18.23% | 17.85% |
2014 | 20.89% | 18.71% | 17.46% |
2013 | 20.78% | 18.77% | 18.11% |
2012 | 20.65% | 18.69% | 17.73% |
2011 | 20.70% | 18.78% | 18.43% |
2010 | 20.50% | 18.47% | 16.98% |
2009 | 20.12% | 17.72% | 16.90% |
2007 | 18.66% | 16.44% | 15.64% |
2005 | 18.89% | 16.95% | 15.85% |
Renter Fraction in St. Louis County Missouri
You can calculate the renter fraction in St. Louis County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in St. Louis County as a fraction of total St. Louis County households. In 2019 30.72% of households were renters according to Census ACS data.
St. Louis County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Missouri | 32.88% | -0.34% | -1.04% |
St. Louis County MO | 30.72% | -2.24% | -1.68% |
Trends in the St. Louis County MO Renter Fraction
The St. Louis County household renter fraction peaked in in 2018 at 32.96% and is now 2.24% below that level. The origin year for the series is 2005.
Fraction of Renting Households: St. Louis County MO, Missouri, US
History of St. Louis County Renter Fraction
Date | US | Missouri | St. Louis County MO |
---|---|---|---|
2019 | 35.89% | 32.88% | 30.72% |
2018 | 36.05% | 33.22% | 32.96% |
2017 | 36.13% | 33.05% | 32.14% |
2016 | 36.88% | 33.92% | 32.40% |
2015 | 36.97% | 33.87% | 30.93% |
2014 | 36.90% | 33.09% | 30.11% |
2013 | 36.50% | 33.03% | 29.39% |
2012 | 36.09% | 32.53% | 29.64% |
2011 | 35.42% | 31.95% | 29.88% |
2010 | 34.65% | 31.02% | 28.25% |
2009 | 34.13% | 30.92% | 28.42% |
2007 | 32.80% | 29.34% | 25.75% |
2005 | 33.10% | 29.36% | 24.70% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩