Short Term Rental Investment Properties for Sale in Saint Louis, MO
218- 3 Bed
- 2 Bath
- 1092 sft
294- 2 Bed
- 1 Bath
- 1148 sft
41- 1 Bed
- 1 Bath
- 925 sft
240- 1 Bed
- 1 Bath
- 891 sft
Why Invest in Saint Louis, Missouri?
Short-term rentals in Saint Louis, MO offer strong investment potential amid evolving regulations under Ordinance 71729. Investors benefit from high renter occupancy around 45% and average rents near $1,300 monthly. Cap rates hover at 7-9% with appreciation at 4% annually, driven by tourism and urban revitalization. New permitting brings stability while limiting supply, supporting cash flows of $15k+ yearly. Proximity to major employers and universities enhances demand for flexible stays.
Frequently Asked Questions
Under Ordinance 71729, all STRs need either Occupied or Non-Occupied permits by May 6, 2025. Requirements include safety compliance, 2-night minimum stays, and 24/7 agent contact. Permits renew annually and cap at four per individual.
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