Matrix Multifamily St Louis Report-May 2022 May 19, 2022

Strong Demand in St. Louis

St. Louis had a healthy first quarter, with rents up 0.6 percent on a T3 basis through March to $1,125. Occupancy surpassed the 95 percent mark in February. With healthy demand, investors remained active. Sales volume rose to $304 million in the first quarter, well above the same time last year.