Commercial Real Estate Market in Saint Louis, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1,422 active listings and 24,620 off-market properties in Saint Louis, MO. Commercial property asks $53/SF to buy and $19.80/SF/Yr to lease.
Market Trends
Saint Louis, MO spans 293.3 square miles in St. Louis City County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Saint Louis, MO runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Saint Louis, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Saint Louis, MO runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Saint Louis, MO runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Saint Louis, MO has 908,289 residents in 452,490 households. Density runs 3,097 people per square mile. Median household income here is $75,476 and median gross rent $1,116 a month.
908,289
Population
452,490
Households
2
Avg Household Size
38
Median Age
44%
College-Educated
93%
High-School Grad
293.3 sq mi
ZIP Area
3,097
Density / Sq Mi
$75,476
Median Household Income
$48,261
Median Earnings
$1,116
Median Rent
$256,731
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sauget | — | — |
| Brooklyn | — | — |
| National Stock Yards | — | — |
| Venice | — | — |
Commercial property in Saint Louis, MO asks $53/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Saint Louis?
Commercial property in Saint Louis, MO asks an average of $53 per square foot. The 3 most recent recorded sales traded at a median of $139/SF.
How much does it cost to lease commercial space in Saint Louis?
Asking lease rates in Saint Louis, MO average $19.80 per square foot per year.
Where does Realmo's Saint Louis market data come from?
Realmo compiles Saint Louis, MO figures from 6 recent recorded sales, 1,025 active sale listings, 397 active lease listings, 24,620 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,025 active for-sale and 397 active for-lease listings in Saint Louis, MO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
