Real Estate Investing in Saint Louis, Missouri (63115)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63115 (Saint Louis, MO)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 34.9% of homes vacant — above national norms.
- Declining values: 0.0% 5-year CAGR — values have moved lower.
- Elevated poverty: 25.8% poverty rate — can affect rent collection.
- Lower household income: $30,838 median — tenant affordability is tighter.
What’s happening in Saint Louis, MO (63115)?
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Market Analysis: 63115 Saint Louis
The 63115 ZIP posts an solid value-add profile — below-median pricing at $41K, a renter base of 58%, and room for operational improvement.
The a solid fit for angle here is forced equity, not market equity. ZIP 63115 rewards investors who can execute on scope, timeline, and tenant turnover.
Statewide, MO value-add investors migrate toward ZIPs with 63115's profile — older stock, soft but real rent growth, and $41K pricing that keeps rehab math workable.
Residents in 63115 skew younger than the county average, and that matters for rehab positioning. Younger renters respond to finishes, appliances, and in-unit laundry in ways that move rent.
Experienced operators with contractor networks find 63115 a viable market for. First-time flippers often underestimate scope, budget, and timeline, which is how deals here turn sour.
Here's what matters if you're considering buying a home in Saint Louis:
Property Strategy for 63115
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $31,322 | $870 | 20.0% | — | $31,322 |
| 2BR | $39,089 | $1,060 | 19.5% | +7.1% | $19,544 |
| 3BR | $50,467 | $1,360 | 19.4% | +5.0% | $16,822 |
| 4BR | $63,107 | $1,580 | 18.0% | +3.3% | $15,777 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 63115 Compare?
| Metric | 63115 | Saint Louis | St. Louis, MO-IL | Missouri |
|---|---|---|---|---|
| Home Value | $40,674 | $151,242 | N/A | $254,657 |
| 5-Year CAGR | N/A | 1.0% | N/A | 7.0% |
| Avg Rent | $934 | $1,223 | N/A | - |
| Cap Rate | 17.9% | 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 63115 (Saint Louis, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $40,674 |
| Monthly Rent | $934 |
| Price-to-Rent | 3.6:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 27.6% |
| Cap Rate | 17.9% |
| 5-Year IRR | 17.9% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | -1.4% ▼ |
| 5-Year CAGR | 0.0% ▼ |
| 10-Year CAGR | +3.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (17.9%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 63115
Population: 14,252
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 63115
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
SOLDAN INTERNATIONAL STUDIES
OLD NORTH ACADEMY
WASHINGTON MONTESSORI
EARL NANCE SR. ELEM.
METRO 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 $41K. That price point suits investors targeting rentals with $934/mo in monthly income.
What type of investing works in Saint Louis, MO?
Investors usually favor value-add and BRRRR deals in Saint Louis, MO. With home values at $41K and rents near $934/mo, other strategies can work but produce steady rather than outsized returns.
Is Saint Louis, MO a smart market for rental property?
With a 4.0/5 investability score, Saint Louis, MO ranks as a solid market for rental property investors. Median prices of $41K and rents of $934/mo drive the underlying numbers.
Does the BRRRR strategy work in Saint Louis, MO?
Investors running BRRRR in Saint Louis, MO see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
Does house hacking work in Saint Louis, MO?
House hacking in Saint Louis, MO is reasonable to execute. Prices around $41K and rents of $934/mo solid owner-occupant economics.
You know 63115 now. You don’t know where it ranks.
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How 63115 ranks in St. Louis, MO-IL
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