St. Louis, MO Real Estate Market

Analyze St. Louis Real Estate Deals in Under 30 Seconds

St. Louis offers some of the Midwest's best cash-on-cash returns with prices that make coastal investors do a double take. Analyze any St. Louis deal in seconds.

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St. Louis, MO Investor Benchmarks

Median ARV

$175,000

Avg Rehab Cost

$22,000

Avg Monthly Rent

$1,100/mo

Avg Cap Rate

8.9%

Cash-on-Cash Return

12.9%

Wholesale Spread

$22,000

St. Louis, MO Real Estate Market Overview

St. Louis is the Midwest's best-kept secret for high-yield real estate investors. Entry prices that would seem impossible to coastal investors — 3-bed brick bungalows in the $65,000–$110,000 range — with rents of $1,000–$1,250/month create cash-on-cash returns of 10–14% on stabilized properties. The St. Louis metro economy is anchored by a massive healthcare and higher education cluster (Washington University, BJC HealthCare, SSM Health), Boeing's largest manufacturing operation, and Anheuser-Busch's global headquarters. St. Louis city proper and St. Louis County are separate jurisdictions — the city has higher yields and higher management intensity; the county offers more stability at slightly lower returns. Missouri's eviction statutes are among the fastest in the Midwest (21-day unlawful detainer to court date). Effective property tax rates in the city run 1.6–2.2%; lower in the county (1.1–1.5%).

Top Investor Neighborhoods in St. Louis

South City (63111, 63116, 63118)

Best risk-adjusted cash flow in the metro

South St. Louis offers brick bungalows with solid rental demand from healthcare workers and university employees. 3-bed homes at $70K–$115K, ARVs $145K–$200K. Rents $1,000–$1,250/mo. Cap rates of 9–12%. Lower crime than the north side.

Affton / Lemay (63123, 63125)

Suburban stability, consistent cash flow

St. Louis County southern suburbs with stabilized rental markets. 3-bed ranch homes at $95K–$140K, ARVs $160K–$215K. Rents $1,050–$1,300/mo. Better tenant quality than city proper. Missouri's fast eviction timeline still applies.

Benton Park / Tower Grove (63111, 63110)

Rapid gentrification, strong flip market

South City neighborhoods experiencing the fastest appreciation in the metro. Victorians and bungalows at $130K–$220K, ARVs $220K–$320K on premium renovations. Active flip market. Rental demand from young professionals at $1,200–$1,550/mo.

Example St. Louis Deal Analysis

Here's what a DealBeast analysis looks like for a typical St. Louis wholesale or flip deal.

Sample Property

4520 Nebraska Ave, St. Louis, MO 63111

3 bed · 1 bath · 1,150 sqft · Built 1940

Asking Price

$82,000

ARV

$155,000

Rehab Est.

$22,000

Max Offer (70%)

$84,500

Excellent cash flow yield. At $82K with a $155K ARV and $22K rehab, the margin is 47%. Post-renovation rent of $1,050–$1,150/mo drives a 12%+ cash-on-cash return in a market with strong tenant demand.

Why Investors Use DealBeast in St. Louis

30-Second Analysis

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Local Comps Built In

DealBeast pulls recent sales in the St. Louis area to calculate an accurate ARV — no manual comp hunting.

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LOI in One Click

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Pro Tip

St. Louis has a tale of two cities — the city itself (high yield, higher management intensity) and the surrounding county (more stable, lower yield). Lemay, Bevo Mill, and Affton in South City offer the best balance. Missouri's eviction laws are among the fastest in the Midwest.

Frequently Asked Questions

Is St. Louis a good real estate investment market?

St. Louis offers Midwest fundamentals at extreme discounts. Entry prices of $60K–$120K with rents of $1,000–$1,300/mo create cash-on-cash returns that are hard to find elsewhere.

What zip codes in St. Louis are best for investors?

63111, 63116, and 63118 (South City) are popular for value-add. Affton (63123) and Lemay offer stable suburban cash flow. North County has higher yields but also higher management intensity.

What is the average ARV in St. Louis?

For a 3/1 or 3/2 SFR in a B-class St. Louis neighborhood, ARV ranges from $130K–$210K. South City brick bungalows command premiums; North Side properties trade at steep discounts.

How does DealBeast analyze St. Louis deals?

DealBeast pulls St. Louis comp data filtered by neighborhood and property type. St. Louis has wide variation by neighborhood, so zip-code-level comp selection is critical — exactly what DealBeast is designed for.

What are St. Louis occupancy permit requirements?

The City of St. Louis and many municipalities in St. Louis County require an occupancy permit and a housing inspection before anyone moves into a home — including new tenants — which can catch out-of-town investors off guard. Failed inspections can delay your first rent check, so factor the inspection timeline and any required repairs into your rehab schedule, and confirm the specific municipality's rules since they vary across the county's dozens of jurisdictions.

What should investors know about St. Louis's older brick housing stock?

St. Louis is a brick city — most of its 1900s–1940s bungalows and two-families are solid masonry, which is durable but carries specific costs: tuckpointing and parapet repair, aging cast-iron and clay sewer laterals prone to failure, and knob-and-tube or fuse-box electrical. Budget for a sewer lateral scope and a masonry inspection on older properties, and note that brick and copper theft on vacant homes makes securing the property during rehab essential.

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Key Terms for St. Louis Investors

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