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Old 01-14-2008, 07:21 PM
Location: Southeast Missouri
5,812 posts, read 15,972,680 times
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In Pictures: Least Expensive Cities For Renters - Forbes.com

St. Louis is number 8.
<H4>Saint Louis, Mo.

Affordable housing prices keep rents low, since there are less buyers seeking refuge in the rental market. St. Louis tenants should expect a 3% monthly increase next year. New-apartment construction will be mostly in the Golden Triangle area, while luxury-rental developments are expected in the Clayton area.
Kansas City is about number 5.
<H4>Kansas City, Mo.

Despite cheap rents, Kansas City's 5.7% vacancy rate isn't particularly high. Still, renters should expect to pay only 3% more this year since new construction will be flat. There were 1,200 new rental units on the market this year. By the end of 2008, that number will drop to 500, based on Marcus & Millichap's estimates.
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