City Report · MO

Saint Peters

·17th most expensive in Missouri·Rental market data updated monthly for Saint Peters, MO
Median rent (all units)
$1,694/mo
Year-over-Year
+4.4%
Month-over-Month
-2.4%
vs US Median
-$268
Falling (Monthly)
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Most AffordableMost Expensive
Saint Peters · $1,694
More affordable than 62% of US cities · National median $1,962/mo
Rent Reality Score
57/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Saint Peters's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,694/mo
Expected by trend
$1,752/mo
The Rent Reality Score compares today's median rent to where Saint Peters's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,010
1 BR
$1,050
2 BR
$1,290
3 BR
$1,670
4 BR+
$1,920
Fair Market Rent (HUD)
$1,290/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,694 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$20,328/yr
At $1,694/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+4.4% YoY, -2.4% MoM), not inventory.
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2021 vs 2026

How Saint Peters, MO has changed in 5 years

Rent
$1,262 → $1,694
up 34.2%

Five years ago, renters in Saint Peters, MO paid around $1,262 a month. That figure now sits near $1,694, up 34.2% from the 2021 baseline. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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View Saint Peters rent history (2015–2026) →
Salary vs rent

Can you afford rent in Saint Peters on your salary?

At $1,694/mo, how Saint Peters rent compares to typical pay (30% rule).

By apartment size

Saint Peters rent by bedroom count

Median rent for each apartment size in Saint Peters. Click any size for full breakdown.

Local insights

Tips for renters in Saint Peters

About renting in Saint Peters, MO

Last updated: August 17, 2026

The median rent in Saint Peters is $1,694/mo as of August 2026. A studio apartment averages $1,010/mo while a 2-bedroom runs $1,290/mo. One-bedroom apartments average $1,050/mo and 3-bedroom units go for $1,670/mo.

At 28% of estimated US median household income ($72,000/yr), Saint Peters ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

Is Saint Peters an affordable city for renters?

Saint Peters is considered affordable for renters. At $1,694/mo, rent takes approximately 28% of the US median household income ($72,000/yr). The standard benchmark is 30%. Saint Peters falls comfortably within that range.

How much income do you need to rent in Saint Peters?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,694/mo in Saint Peters.

Is rent going up or down in Saint Peters?

Rent in Saint Peters has increased 4.4% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Saint Peters rent compare to other cities in Missouri?

Saint Peters is one of the pricier cities in Missouri for rent, ranking #17 out of 79 tracked cities at $1,694/mo.

Which nearby cities are cheaper to rent in than Saint Peters?

Several nearby cities have lower median rents than Saint Peters ($1,694/mo): Maryland Heights ($1,280/mo), Saint Charles ($1,537/mo), Lake Saint Louis ($1,671/mo).

How does Saint Peters rent compare to the national average?

Saint Peters's median rent of $1,694/mo is $268 (14%) below the US national median of $1,962/mo. Within Missouri, it ranks #17 out of 79 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,694/mo, rent takes ~28% of US median household income ($72,000/yr). The standard benchmark is 30%.

Saint Peters 28%Benchmark 30%
State income tax2–4.7%
Run the Saint Peters affordability calculator →
Lowest-rent ZIP codes in Saint Peters
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Saint Peters, MO

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