Average Rent in St. Louis, IL
The Fair Market Rent for a 2-bedroom in St. Louis, IL is $1,218 per month, based on HUD data. With a median household income of $78,225, a household would spend 18.7% of income on housing at Fair Market Rent. Rent has increased 0.7% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $955 |
| 1 Bedroom | $995 |
| 2 Bedroom | $1,218 |
| 3 Bedroom | $1,568 |
| 4 Bedroom | $1,812 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $78,225 |
| Rent Burden (2BR FMR / Income) | 18.7% |
| Income Needed for 2BR (30% rule) | $48,720/yr |