What's a good cap rate in St. Louis?

In St. Louis, cap rates typically run around 8.5% (St. Louis metro median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific St. Louis deal lands versus this benchmark.

What's the average rent for a rental in St. Louis?

A typical rental in St. Louis runs about $1,218–$1,568/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Missouri?

Missouri's effective property tax rate is about 0.98% of value per year — the figure TrueCap applies by default for St. Louis deals. You can override it with the exact local rate.

St. Louis, MO

St. Louis rental property analysis

St. Louis is a dependable cash-flow market with low prices, brick-built housing stock, and rent ratios that still clear the screening thresholds many coastal markets can't.

St. Louis market snapshot

Cash-flow market

Higher typical cap rates — built for monthly cash flow more than price growth.

Typical cap rate

8.5%

St. Louis metro median

Typical rent

$1,218–$1,568/mo

HUD FMR · 2–3BR · 2026

Typical price

$120,000–$210,000

est., all-in

Property tax

0.98%

Missouri effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is St. Louis a good place to buy rentals?

Affordable entry plus durable brick construction lowers long-run capex risk. A good first-market for buy-and-hold investors who want yield without deep rehab exposure.

See the full Missouriinvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in St. Louis

Tower Grove South

Desirable, stable rentals with appreciation upside.

Dutchtown

High cash flow, value-add, more hands-on management.

Affton (county)

Owner-occupant-grade SFRs, low vacancy, easy to manage.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a St. Louis deal in 60 seconds

Paste a St. Louis address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Missouri tax and HUD rent so you start from the right assumptions.

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