Looking for Qualified Property Management Companies in Saint Louis, MO?

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Specialty # of Agencies
Single House or Condo 5
Apartment Buildings 2
Home Owners Association 1
Total Local Companies 6

The average rent for a 3 bedroom house in Saint Louis, MO is $1,131.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.

Saint Louis, MO Rental Market Overview

Situated in the heart of the U.S. and one of the nation's oldest cities, St. Louis is home to hundreds of thousands of residents and steeped in history, including the Gateway Arch, the Delmar Loop and the early days of blues music.

Many citizens of St. Louis - a number of whom lease apartments - are drawn to the multitude of unique neighborhoods citywide. For instance, the Grand Center area has numerous galleries, museums and other artsy locales, while classic Victorian homes can be found in the the Lafayette Square neighborhood.

Sports is a way of life for many of the city's dwellers, as several pro teams - the NFL's Rams, NHL's Blues and MLB's Cardinals - represent St. Louis in their respective leagues.

Family-friendly attractions and features, including the St. Louis Zoo, Six Flags, the Magic House and the Laumeier Sculpture Park, provide parents and their kids plenty of options for fun.

Additionally, many businesses operate in Greater St. Louis, an area which has a number of companies in the healthcare and manufacturing industries, while the city's school system is substantial.

Numerous Property Management Firms to Choose From in St. Louis

The Greater St. Louis area has a population of roughly 2.5 million people. While the city has a considerable number of residents, the metro area has seen a spike in people moving there in recent years.

Since it is one of the country's largest metros, investors will find they have numerous choices when it comes to property management. Some of the top agencies in the U.S. work in and around St. Louis. These management companies specialize in dealing with tenant and property concerns, which can make life simpler for you.

St. Louis Rental Market at a Glance

  St. Louis Area US
2012 Population 2.8 million 380 million
2010 Percentage of renters 37.60% 34.00%
2013 (1st Q) Rental vacancy rate 15.60% 8.40%
2013 Median house price $131,000 $185,000
2013 Median Family income $34,402 $51,400
2013 Median rent (3 bedroom) $1,153 $1,350

The St. Louis, Missouri metro area (population: 2,795,794) is currently at a three-year peak vacancy rate of 15.6% since 2010. The median rent is also at a three year peak and is $1,153 for 2013. The median family income is $34,402 and the median home price is $131,000.

Vacancy rates and population estimates taken from census.gov/housing

Rent data from HUD.gov

Median family income and price from CNNMoney.com

Percentage of renters reported by City-data.com

Finding St. Louis Property Management Companies

Locating the right property management company for you is vital to ensuring your business is run smoothly and efficiently.

Sign up with All Property Management to choose from St. Louis' top property management companies. Just type your zip code into our search engine and you'll discover a variety of management firms in St. Louis to receive free quotes from.

Top Single Family Managers

Serving All of Missouri
Statewide, MO 63101

Managing: Single-Family :
Simple FLAT RATE pricing, GUARANTEED tenant within 30 days or its FREE!!

1954 Copper Oaks Circle
Blue Springs, MO 64015

Managing: Single-Family : Multi-Family :
As Investment property owners ourselves, we will manage your property as if it were our own.

2025 Zumbehl Road #88
Saint Charles , MO 63303

Managing: Single-Family :
30 year Realtor who exclusively manages and leases single family homes and condos in West St Louis and St Charles county

Top Multi-Family Managers

1954 Copper Oaks Circle
Blue Springs, MO 64015

Managing: Single-Family : Multi-Family :
As Investment property owners ourselves, we will manage your property as if it were our own.

14434 South Outer Forty
Town and Country, MO 63017

Managing: Single-Family : Multi-Family :
Quick Leasing Times/ Low Fee Guarantee/ Free Tenant Warranty/ Free Eviction Protection / Repair Right Guarantee

Top Association Managers

800 S. Gay Street , Suite 700
Knoxville, TN 37929

Managing: Association :
We offer REMOTE and VIRTUAL accounting services to Community Associations.

Additional Property Management in Saint Louis, MO

Managing: Single-Family :
Moving Lives Forward


Q2 2015 Rental Ranking Report

Home to the St. Louis Cardinals and the tallest monument in the United States, the iconic Gateway Arch, the community of St. Louis is also a leading biotech and business center thanks to its position at the confluence of the Missouri and Mississippi Rivers. St. Louis also offers residents a diverse cultural scene, a low cost of living and outstanding opportunities for young adults. In fact, Forbes recently ranked St. Louis as the happiest U.S. city for job-seeking college graduates, while Movoto.com ranked it the fourth most-creative city in America.

Q2 2015 St. Louis Rental Market Update

In Q2 2015, St. Louis was the 12th-best Midwestern housing market to own rental properties in and 51st-best in the country as a whole. Since Q1 2015, St. Louis jumped two spots in the Rental Ranking Report's regional rankings for the Midwestern U.S. and five spots in the national rankings.

There are a number of real estate statistics that show that the St. Louis rental real estate market leaves a lot to be desired from the perspective of rental property owners. A moderately low annual property value appreciation rate of 3.73 percent (about 27 percent less than the Q2 2015 national average) is perhaps the most alarming. St. Louis's sluggish job growth, a 1.38 percent year-over-year gain (32 percent less than the national average) and high vacancy rate (8.70 percent, just shy of 30 percent more than the average) and median age of housing inventory (70 days, one week more than the average) further highlight the fact that demand for St. Louis housing isn't particularly strong.

Fortunately for current and prospective St. Louis rental real estate investors, local rentals can still be lucrative investments. St. Louis rents jumped an impressive 6.13 percent year-over-year in Q2 2015, an increase 23 percent greater than the national average during that time period. The capitalization rate, a statistic that compares annual rents and property values that is commonly used by investors to gauge the attractiveness of rental properties, was an impressive 8.28 percent for St. Louis rental real estate in Q2 2015. This was approximately 21 percent higher than the national average and one of the highest "cap rates" in the country during that time period. So, while the St. Louis rental market is far from perfect, it still offers rental property owners the chance to get moderately good returns.

Q1 2015 St. Louis Rental Market Update

The Q1 2015 Rental Ranking Report found that St. Louis is the 14th-best Midwestern market in terms of attractiveness for rental real estate investment, out of 15 total Midwestern markets, and 56th out of the 75 total markets this Rental Ranking Report evaluated. St. Louis, while lacking in both annual job growth and median rental price increases (the former typically leading to the latter), offers investors an average capitalization rate of 8.59 percent, the 17th-best capitalization rate in the country. This strong capitalization rate indicates that property owners can expect a high rate of return on their investment based on current rental rates and property valuations.

St. Louis homes also sit on the market for a median of 68 days before they are sold, two days less than the average U.S. median age of inventory. This figure is often used to determine overall market activity, and it's therefore reasonable to conclude that the St. Louis housing market is healthy, despite its low property value and rental price increases.

What data is this Rental Ranking Report based on?

To calculate the statistics found in the Q2 2015 Rental Ranking Report, All Property Management gathered data, including the most recent government housing and jobs data, for 75 metros across the United States. Specifically, we looked at home vacancy, capitalization, home value appreciation and job growth rates, changes in rental prices, and the average number of days properties have been on the market to determine which U.S. metros will give investors the highest returns on rental investments. Click here to learn more about the Rental Ranking metrics.

Should I invest in St. Louis rental property?

Solid cap rates, affordable home prices, high rental price appreciation, and moderate homeowners insurance premiums and property taxes make St. Louis an attractive place for rental housing investment - both now and for many quarters to come.

Thinking about renting out a property in St. Louis? Save time, avoid hassle and maximize your rental income by having a professional property management company operate your rental property for you. Click here to get a free quote from a local property manager or call 877-780-4510 to have the All Property Management staff get quotes for you.

All Property Management specializes in connecting rental property owners with professional property managers in communities across the United States. These property managers help set rental rates, advertise properties, screen and manage tenants, collect rent, manage vendor relationships and ensure compliance with local, state and federal housing regulations. They take the hassle and worry out of managing rental properties - all while maximizing rental property owners' rental incomes.