Insights / St. Louis
St. Louis multifamily market, October 2026
Landlords have the edge in St. Louis, and it is heating: asking rents are up 3.5% on a year, while jobs grew 1.0%.
Updated October 31, 2026 · from Zillow, BLS and the US Census Bureau
What is moving now
Asking rents are up 3.5% on a year to September 2026, which is the figure the condition is read from. Jobs are up 1.0% over the same year to September 2026, a first release the BLS revises the following month. Asking rents are climbing (September 2026).
The backdrop
These are yearly Census counts, not this month's: 6.6% of rentals sat empty in 2024, permits for new apartments were down 24% in 2025, more people moved out than in in 2025, and the typical rent was $1,154 a month in 2024. They are the background the monthly figures move against, and they are the newest the Census has published.
See every figure behind this read
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Common questions about St. Louis
Answered from the data, updated October 31, 2026
Is the St. Louis rental market tight or soft right now?
In St. Louis right now, landlords have the edge, and it is heating.
Which way is the St. Louis market heading?
St. Louis is heating right now, as asking rents firm over the past year (Zillow ZORI, monthly).
Is St. Louis a landlord's or a renter's market?
St. Louis is a landlord's market right now: landlords have the edge, and it is heating.
What is the vacancy rate in St. Louis?
Vacancy in St. Louis is 6.6% in the 2024 count, a yearly snapshot rather than a monthly reading (US Census Bureau).
How much have St. Louis rents changed?
Asking rents in St. Louis are up 3.5% over the past year (Zillow ZORI, monthly, latest Sep 2026).
Recent coverage
Daily, from the MetroSgnl news feed. Headlines only.
See all St. Louis news →Data: Zillow ZORI, BLS, US Census Bureau, FRED, and the MetroSgnl news feed. Recomputed daily. Market information only, not investment advice.