Apartments in Walnut Park East St Louis

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Walnut Park East

A St Louis Neighborhood

Budget

If you're not sure how much an apartment will cost, the table below shows the average price by size.

$931
Studio
$520
1 Bedroom
$799
2 Bedrooms
$949
3 Bedrooms
$1,085
4 Bedrooms
$2,465
5+ Bedrooms
Get your search on...

St Louis:
October Rent Report

Welcome to the October 2022 St Louis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 2022 key findings and figures for the St Louis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in St Louis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of St Louis average rent prices in the chart below.

Monthly Rent Report

St Louis Rent Prices Increase From September to October

St Louis rent prices increased over the last month. From September to October, the city experienced a 1.83% increase for the price of a one-bedroom apartment. The rent price for a St Louis one-bedroom apartments currently stands at $947.0.

When we take a look at the two-bedroom comparison from September to October, St Louis experienced a -7.72% decrease for the price of a two-bedroom apartment. The rent price for a St Louis two-bedroom apartments currently stands at $980.0.

October Prices: St Louis vs. Surrounding Areas

Rent Prices in St Louis and Surrounding Areas

Rent prices have increased in St Louis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 6 of the St Louis suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in St Charles, MO, Florissant, MO, O'Fallon, IL, Chesterfield, MO, Hazelwood, MO, Maryland Heights, MO .

  • Rent decreased in Alton, IL.

  • 4 suburbs are currently priced higher than the city of St Louis.

  • 3 suburbs are currently priced lower than the city of St Louis.

October 2022 Pricing Trends: St Louis vs. National Comparisons

St Louis Rent Prices More Affordable Than Major Cities

Rent growth in St Louis over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, St Louis average rent prices appear to be relatively affordable for local residents.

The price for a St Louis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of Rentable's October 2022 National Apartment Report and data set here.

For more information about St Louis and surrounding area rent prices, take a look at the complete data set below.

Data set for St Louis and suburbs

1 BR October 1 BR M/M % Change 2 BR October 2 BR M/M % Change
St Louis, MO $930.0 -0.22% $1,062.0 -7.73%
St Charles, MO $1,108.0 0.09% $1,369.0 0.15%
Florissant, MO $764.0 1.33% $920.0 0.33%
O'Fallon, IL $1,468.0 2.73% $1,657.0 5.81%
Chesterfield, MO $1,361.0 1.34% $1,757.0 2.93%
Hazelwood, MO $937.0 0.43% $1,092.0 0.27%
Alton, IL $654.0 0.00% $686.0 0.73%
Maryland Heights, MO $1,062.0 1.34% $1,295.0 0.70%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.