Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the St. Louis area can be challenging. Home prices in St. Louis are now at a median cost of $109,094, lower than the Michigan average of $196,062.
The average cost of rent is $756/mo in St. Louis, primarily driven by the current value of real estate in the St. Louis area. While nearly 46.54% of residents own their homes outright in St. Louis, 18.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in St. Louis is $4,432 per month. Households that rent pay about 17.05% of their income on rent here. St. Louis's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Black Mountain, NC: higher priced homes
- Bishop, CA: higher priced homes
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