Matrix Multifamily St Louis Report-May 2024 May 16, 2024

St. Louis Rents Outperform

Rent growth in St. Louis continued solid performance, up 0.4 percent on a T3 basis through March to $1,236, double the U.S. rate. On a YoY basis, the average rent rose 3.1 percent, well above the 0.9 percent national rate.