Mortgage payment estimates, closing cost breakdowns, and homebuying data for St. Louis, Missouri.
Pre-filled with St. Louis median home price and Missouri tax/insurance rates. Adjust for your property.
Estimated closing costs based on Missouri rates and fees applied to St. Louis prices.
The median home price in St. Louis is $195,000, 17% below the Missouri state median of $235,000. With a population of 301,578, St. Louis is a mid-size city where home prices tend to be more accessible than in many parts of Missouri.
Property taxes in Missouri average 0.97% annually. This moderate property tax rate means a $195,000 home in St. Louis would carry roughly $158/month in property taxes. Homeowners insurance in Missouri runs approximately $2,200 per year. This is within the normal range nationally.
Average rent in St. Louis is $1,120/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in St. Louis over the long term.
St. Louis offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Missouri's MHDC First Place Loan program.