St. Louis offers strong gross yields but requires careful neighborhood selection — the city has some of the widest neighborhood-quality variation in the country.
Median Price
$215,000
Cap Rate
8.00%
Yield
8.10%
Vacancy
8.00%
What investors should underwrite for
St. Louis is for experienced cash-flow operators. Stick to West County and South City B-grade properties; avoid sub-$80k pricing tiers.
Next step
Use our rental ROI calculator with Saint Louis-specific rents and taxes to run a complete deal-level analysis on any property you are considering.