Location: St. Louis, MO | Metro: St. Louis, MO-IL HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,260 |
| 1 Bedroom | $1,310 |
| 2 Bedrooms | $1,600 |
| 3 Bedrooms | $2,050 |
| 4 Bedrooms | $2,370 |
| 5 Bedrooms | $2,749 |
| 6 Bedrooms | $3,079 |
| 7 Bedrooms | $3,325 |
| 8 Bedrooms | $3,491 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,600 | $204,144 | 0.78% | D |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 63101, Saint Louis, MO, is poised for stability and gradual growth over the next 12 to 24 months, based on current indicators. The median home value stands at $185,838, which reflects a relatively affordable market. A notable trend is that only 0.2% of listings have been reduced, suggesting strong seller confidence and limited pressure to lower prices. This resilience in asking prices, combined with the unavailability of day-specific median days on market (DOM) data, points towards a robust local economy where housing demand remains steady.
The rental market in ZIP 63101 also provides insights into the area's economic health and potential for investment. The Fair Market Rent (FMR) for the fiscal year 2024 is set at $1,410, while the current market rent (ZORI) is $1,352. This gap indicates an upward trajectory in rental values, aligning with the broader trend of increasing costs in urban areas. Landlords and small-portfolio investors can expect a favorable environment for maintaining or slightly increasing rents, especially as the FMR serves as a benchmark for affordability and rental rates.
For long-term investors, the setup in ZIP 63101 suggests a moderate appreciation thesis. With a stable median home value and a rental market that is gradually rising, there is a solid foundation for property values to grow. However, the pace of this growth is likely to be slow and steady rather than rapid. The key to success in this market will be selecting properties that offer both strong rental income potential and are situated in areas with good access to amenities, employment centers, and public transportation. This strategic approach will ensure that the investment remains attractive to both buyers and renters, maintaining its value and generating consistent returns.
The data points to a balanced market where neither extreme buyer nor seller pressure dominates. This equilibrium is beneficial for those looking to hold properties for longer periods, as it reduces the risk of sudden price drops or spikes. Investors should focus on the fundamentals: location, condition, and rental yield. By doing so, they can leverage the current trends to their advantage, ensuring a solid return on investment without relying on speculative price increases.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.