The St. Louis market offers incredible investment opportunities with affordable single and multi-family homes in a wide range of prices and areas. St. Louis has 93 individual municipalities within St. Louis County, and the City of St. Louis is full of designated neighborhoods. Each municipality and neighborhood has its own small town flavor and feel. People who live in St. Louis tend to stay here.
Top reasons to invest in St. Louis Metro:
Affordable market: The average value of a home in St. Louis is $163,503 as shown on Zillow.
Robust rental market: St. Louis is one of the top 100 cities for renters. According to Redfin, 81% of renters seek to stay in the St. Louis Metro area.
Growing job market: St. Louis is home to several major companies and industries such as healthcare, finance, aviation, and biotechnology. The unemployment rate is consistently low with many job opportunities for professionals and families.
Urban revitalization: St. Louis is focused on improving the area with many neighborhoods undergoing redevelopment and bringing new residents and businesses to the area.