Matrix Multifamily St Louis Report-May 2025 June 05, 2025

Rent Growth Solid in St. Louis

Advertised asking rents in St. Louis rose 0.2 percent on a T3 basis through March to $1,285, amid the large supply wave that last year reached a new high. Meanwhile, occupancy decreased 30 bps YoY to 93.2 percent in February.