Real Estate Investing in Saint Louis, Missouri (63108)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63108 (Saint Louis, MO)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 15.6% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.2% CAGR).
What’s happening in Saint Louis, MO (63108)?
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Market Analysis: 63108 Saint Louis
Not every below-median market is a bargain. Saint Louis's 63108 ZIP reports signals that favor experienced operators who can absorb the risk $320K pricing implies.
Rent of $1,552/mo on a $320K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 63108 sits below the stated 0.0% once reality is priced in.
ZIP 63108's metrics run below Saint Louis City's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 63108 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 63108 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Saint Louis:
Property Strategy for 63108
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $174,084 | $1,480 | 6.1% | +0.5% | $174,084 |
| 2BR | $288,673 | $1,810 | 4.5% | +2.2% | $144,336 |
| 3BR | $401,413 | $2,330 | 4.2% | +3.0% | $133,804 |
| 4BR | $530,931 | $2,690 | 3.6% | +3.4% | $132,733 |
| 5BR | $735,286 | — | — | +3.9% | $147,057 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 63108 Compare?
| Metric | 63108 | Saint Louis | St. Louis, MO-IL | Missouri |
|---|---|---|---|---|
| Home Value | $319,600 | $151,242 | N/A | $254,657 |
| 5-Year CAGR | 1.2% | 1.0% | N/A | 7.0% |
| Avg Rent | $1,552 | $1,223 | N/A | - |
| Cap Rate | 3.8% | 8.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 63108 (Saint Louis, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $319,600 |
| Monthly Rent | $1,552 |
| Price-to-Rent | 17.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 5.0% |
📈 Home Appreciation
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +1.2% ▲ |
| 10-Year CAGR | +2.7% ▲ |
🏠 Rent Trends
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +4.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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 63108
Population: 20,692
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 63108
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
COMPTON-DREW ILC MIDDLE
MILLER CAREER ACADEMY
MULLANPHY BOTANICAL GARDENS
CONFLUENCE PREPARATORY ACADEMY
GATEWAY HIGH
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
Is housing expensive in Saint Louis, MO?
Saint Louis, MO home values average about $320K. That price point suits investors targeting rentals with $1,552/mo in monthly income.
Do rentals sit vacant long in Saint Louis, MO?
Expect elevated vacancy in Saint Louis, MO. Rents at $1,552/mo are absorbed by the tenant base without meaningful lag.
What type of investing works in Saint Louis, MO?
A careful cash-flow rentals with hands-on management strategy Saint Louis, MO best. The market produces consistent results for that approach at the $320K price point.
How do landlord-tenant laws work in Saint Louis, MO?
MO ranks as a landlord-friendly state for landlord-tenant law. Saint Louis generally follows the statewide framework, so landlords face reasonable operating rules.
Is it easy to find good tenants in Saint Louis, MO?
The renter base in Saint Louis, MO is reasonable for the $1,552/mo price point. Screening well and pricing to market typically yields consistent tenants.
You know 63108 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 63108 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 63108 ranks in St. Louis, MO-IL
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