$0
Average Rent
$1,298 average rent in Saint Louis, Q2 2026
0%
Occupancy Rate
91% occupancy rate Saint Louis, Q2 2026
0
T4Q Net Absorption
2,676 T4Q net absorption in Saint Louis, Q2 2026
0%
Annual Rent Change
2% annual rent change in Saint Louis, Q2 2026
0
BPS Annual Occupancy Change
10 BPS annual occupancy change in Saint Louis, Q2 2026
0
T4Q Unit Completions
1,722 T4Q net absorption in Saint Louis, Q2 2026
Key Takeaways
- Demand momentum is accelerating, with 912 units absorbed in Q2 2026 and trailing 12-month absorption of 2,676 units decisively outpacing 1,722 units delivered over the same period.
- The construction pipeline stands at 3,349 units (2.2% of inventory) with trailing 12-month starts of 2,233 units, as completions have declined 43% year-over-year, easing supply-side pressure.
- Effective rents grew 1.9% year-over-year to $1,298 per unit, while overall occupancy improved 20 basis points quarter-over-quarter to 90.6%, positioning the market for continued recovery.
Market Outlook
Saint Louis is positioned in the early stages of a favorable supply cycle. With new completions down 43% over the past 12 months and just 3,349 units under construction…
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