Lake St. Louis renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Lake St. Louis is about $1,124 per month. This puts it in the 95th percentile compared to the state average cost of rent, which is $952. Households in Lake St. Louis have a median income of $9,537 per month so the average renter in Lake St. Louis is spending roughly 12% of their earnings on housing.
Nationally, and in Lake St. Louis, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake St. Louis is $308,620 right now, which is lower than nearby cities, meaning that rents in Lake St. Louis also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Lake St. Louis while lower rent rates are often available in eastern areas.
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