Real Estate Investing in Saint Louis, Missouri (63106)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63106 (Saint Louis, MO)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 21.8% of homes vacant — above national norms.
- Declining values: -2.8% 5-year CAGR — values have moved lower.
- Elevated poverty: 37.8% poverty rate — can affect rent collection.
- Lower household income: $22,263 median — tenant affordability is tighter.
What’s happening in Saint Louis, MO (63106)?
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Market Analysis: 63106 Saint Louis
Not every below-median market is a bargain. Saint Louis's 63106 ZIP shows signals that favor experienced operators who can absorb the risk $118K pricing implies.
Put differently, the numbers look inviting — $118K purchase price, 0.0% nominal cap — the work to hit that pro forma in 63106 is substantial and deserves full respect.
Nearby ZIPs in Saint Louis have seen price recovery that 63106 has not matched. Saint Louis City data supports the view that the spread is structural rather than temporary.
The 63106 ZIP's population of 7,742 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
Strategically, 63106 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Saint Louis:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 63106 Compare?
| Metric | 63106 | Saint Louis | St. Louis, MO-IL | Missouri |
|---|---|---|---|---|
| Home Value | $117,824 | $151,242 | N/A | $254,657 |
| 5-Year CAGR | N/A | 1.0% | N/A | 7.0% |
| Avg Rent | $937 | $1,223 | N/A | - |
| Cap Rate | 6.2% | 8.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 63106 (Saint Louis, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $117,824 |
| Monthly Rent | $937 |
| Price-to-Rent | 10.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.5% |
| Cap Rate | 6.2% |
| 5-Year IRR | 3.4% |
📈 Home Appreciation
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | -1.4% ▼ |
| 5-Year CAGR | -2.8% ▼ |
| 10-Year CAGR | -0.2% ▼ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 63106
Population: 7,742
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 63106
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much should I expect to pay for a home in Saint Louis, MO?
In Saint Louis, MO the median home value sits at $118K. Against the broader MO market, that reads as reasonable for most investors.
Is the tenant base reliable in Saint Louis, MO?
Expect a solid tenant pool in Saint Louis, MO. The rental market absorbs $937/mo rents without meaningful friction.
What do rentals go for in Saint Louis, MO?
The typical rental in Saint Louis, MO commands about $937/mo monthly. That rent profile reliable cash flow against the $118K purchase basis.
Are landlord laws favorable in Saint Louis, MO?
Landlord-friendliness in Saint Louis, MO is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Which real estate strategy fits Saint Louis, MO?
Investors usually favor careful cash-flow rentals with hands-on management in Saint Louis, MO. With home values at $118K and rents near $937/mo, other strategies can work but produce even-keeled rather than outsized returns.
You know 63106 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 63106 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 63106 ranks in St. Louis, MO-IL
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