Airbnb City Guide: The Best Places To Invest in St. Louis, Missouri

Airbnb Rules and Regulations in St. Louis, Missouri

As of 2024, St. Louis implements a c set of regulations for short-term rentals, such as those listed on Airbnb and Vrbo, to ensure residents' and visitors' safety and well-being. Operators must obtain permits for each property they wish to rent out, with a maximum of four permits allowed per individual. The new rules also mandate a minimum two-night stay to discourage the use of rentals as party houses. In an effort to preserve the character of residential neighborhoods, the percentage of units within a multi-unit building that can operate as short-term rentals is limited. Operators are required to designate a contact person who can respond to any issues within an hour, 24/7. Properties that accumulate three or more violations within a 24-month period may face fines and permit revocation. These regulations aim to strike a balance between the benefits of short-term rentals for tourism and the need to maintain the safety and quality of life in St. Louis neighborhoods.

St. Louis Airbnb Market Data:

• Average Revenue – $19.9K per year
• Average Daily Rate – $125.3 per night
• Average Occupancy Rate – 54%
• Average RevPAR – $68.2
• Average Home Prices – $169,352

1. Top Place to Invest in St. Louis, Missouri - St. Louis Hills

Nestled in the heart of St. Louis, Missouri, St. Louis Hills is a charming neighborhood that offers a perfect blend of residential tranquility and urban convenience. This sought-after area has become increasingly popular among Airbnb investors looking to capitalize on its unique appeal and strong rental potential.

St. Louis Hills Airbnb Market Data:

• Average Revenue – $27.1K per year
• Average Daily Rate – $119 per night
• Average Occupancy Rate – %69
• Average RevPAR – $80.2

Convenience - 8/10

St. Louis Hills boasts a highly convenient location, with easy access to major highways and public transportation. The neighborhood is well-connected to the rest of the city, making it an ideal choice for both short-term and long-term renters.

Tourist Attractions - 6/10

While St. Louis Hills may not be a major tourist destination, it is near several popular attractions. The iconic Gateway Arch and the bustling downtown area are just a short drive away, offering visitors a taste of the city's rich history and vibrant culture.

Things to Do - 7/10

The neighborhood features a variety of local restaurants, cafes, and shops that cater to the needs of residents and visitors alike. Francis Park, a beloved community gathering spot, hosts events throughout the year and provides ample green space for outdoor activities.

Average Home Prices - 7/10

As of 2024, the median home price in St. Louis Hills stands at $285,000, according to Zillow data. This represents a modest 2.5% appreciation over the past year, indicating a stable and growing real estate market. The relatively affordable prices make it an attractive option for investors looking to enter the Airbnb market.

Proximity to Work-Related Travel - 8/10

St. Louis Hills is conveniently located near several major employers, including hospitals, universities, and corporate offices. The neighborhood's proximity to these key destinations makes it an appealing choice for business travelers and long-term renters.

X-Factor - 9/10

What sets St. Louis Hills apart is its strong sense of community and small-town charm within a big city. The tree-lined streets, well-maintained homes, and friendly neighbors create a welcoming atmosphere that appeals to both residents and visitors. This unique combination of factors contributes to the neighborhood's desirability and potential for successful Airbnb investments.

2. Top Place to Invest in St. Louis, Missouri - Clayton Tamm

Clayton Tamm, a hidden gem in the heart of St. Louis, is quickly becoming a hotspot for Airbnb investors. This up-and-coming neighborhood offers a unique blend of urban convenience and suburban charm, making it an attractive option for short-term rental investments.

Clayton Tamm Airbnb Market Data:

• Average Revenue – $25.5K per year
• Average Daily Rate – $149.4 per night
• Average Occupancy Rate – 58%
• Average RevPAR – $84.7

Convenience - 7/10

Situated just minutes from downtown St. Louis, Clayton Tamm provides easy access to major highways and public transportation. While the neighborhood itself may not have an abundance of amenities, its proximity to nearby areas ensures that residents and visitors have everything they need within reach.

Tourist Attractions - 5/10

Clayton Tamm is not known for its tourist attractions, as it is primarily a residential area. However, its central location allows for quick trips to popular destinations such as Forest Park, the St. Louis Zoo, and the Missouri Botanical Garden.

Things to Do - 6/10

The neighborhood boasts a handful of local restaurants and bars that offer a taste of St. Louis cuisine. Residents and visitors can also enjoy the nearby Sublette Park, which features a playground, basketball courts, and a walking trail.

Average Home Prices - 8/10

According to Zillow, the median home price in Clayton Tamm as of 2024 is $180,000, which represents a 3.2% appreciation over the past year. This relatively low entry point, combined with the potential for steady appreciation, makes the area an attractive option for Airbnb investors looking to maximize their return on investment.

Proximity to Work-Related Travel - 6/10

While Clayton Tamm is not directly adjacent to major hospitals, convention centers, or sports venues, its central location allows for easy access to these destinations. The neighborhood is well-suited for business travelers and visitors attending events in the city.

X-Factor - 7/10

Clayton Tamm's x-factor lies in its untapped potential. As more investors discover the neighborhood's charm and convenience, it is poised for significant growth in the coming years. By investing in Clayton Tamm now, Airbnb investors can capitalize on this emerging market and benefit from future appreciation.

3. Top Place to Invest in St. Louis, Missouri - North Hampton

North Hampton, a vibrant neighborhood in St. Louis, Missouri, has emerged as a promising investment opportunity for Airbnb and short-term rental investors. With its rich history, diverse community, and convenient location, North Hampton offers a unique blend of urban living and neighborhood charm that appeals to both residents and visitors alike.

North Hampton Airbnb Market Data:

• Average Revenue – $24.4K per year
• Average Daily Rate – $137.1 per night
• Average Occupancy Rate – 56%
• Average RevPAR – $75

Convenience - 8/10

One of North Hampton's greatest strengths is its convenience. The neighborhood is well-connected to the rest of the city, with easy access to major highways and public transportation. This makes it an ideal location for travelers looking to explore St. Louis and its surrounding areas.

Tourist Attractions - 6/10

While North Hampton may not be a major tourist destination, it is near several popular attractions. The iconic Gateway Arch, the St. Louis Zoo, and the Missouri Botanical Garden are all within a short drive, providing visitors with plenty of options for entertainment and leisure.

Things to Do - 7/10

North Hampton boasts a thriving local scene, with various restaurants, cafes, and shops catering to its residents' diverse tastes. The neighborhood also features several parks and green spaces, including Fairground Park, which offers a range of outdoor activities and community events throughout the year.

Average Home Prices - 9/10

According to Zillow, the median home price in North Hampton as of 2024 is $165,000, representing a 4.5% appreciation over the past year. This relatively low entry point, combined with the potential for steady appreciation, makes North Hampton an attractive option for investors looking to maximize their return on investment.

Proximity to Work-Related Travel - 7/10

North Hampton's central location puts it within easy reach of several major employers, including hospitals, universities, and corporate offices. While the neighborhood may not be directly adjacent to these destinations, its convenient access to major highways and public transportation makes it a viable option for business travelers and long-term renters.

X-Factor - 8/10

Its strong sense of community and diverse population sets North Hampton apart. The neighborhood is known for its welcoming atmosphere and tight-knit community, creating a unique and desirable living experience for residents and visitors. This, combined with its convenient location and affordable home prices, makes North Hampton a hidden gem for investors looking to start a short-term rental and tap into the St. Louis market.

4. Top Place to Invest in St. Louis, Missouri - The Hill

Nestled just south of Forest Park, The Hill is a charming and historic St. Louis neighborhood known for its strong Italian-American heritage. This tight-knit community boasts a wealth of authentic Italian restaurants, bakeries, and shops, making it a popular destination for both locals and tourists alike.

The Hill Airbnb Market Data:

• Average Revenue – $27.2K per year
• Average Daily Rate – $145.8 per night
• Average Occupancy Rate – 64%
• Average RevPAR – $92.7

Convenience - 8/10

The Hill's location is one of its greatest assets. Situated in the heart of St. Louis, the neighborhood offers easy access to major highways, public transportation, and the city's top attractions. This convenience makes it an attractive option for short-term rental investors catering to both leisure and business travelers.

Tourist Attractions - 7/10

While The Hill is a tourist attraction, known for its delicious Italian cuisine and quaint old-world charm, it is just a short drive from many of St. Louis' most popular destinations. Visitors can easily explore the iconic Gateway Arch, the stunning Missouri Botanical Garden, or catch a Cardinals game at Busch Stadium.

Things to Do - 8/10

From indulging in authentic Italian fare to strolling through the neighborhood's charming streets, The Hill offers plenty of things to do. Visitors can shop for imported goods at specialty markets, enjoy a game of bocce at Berra Park, or participate in the many local festivals and events celebrating the community's rich heritage.

Average Home Prices - 7/10

According to Zillow, the median home value in The Hill as of 2024 is $235,960, representing a modest 1.4% decrease from the previous year. This relatively stable market, combined with the neighborhood's enduring popularity, makes it an attractive option for investors seeking a reliable return on their investment.

Proximity to Work-Related Travel - 6/10

While The Hill is not directly adjacent to St. Louis' major hospitals, convention centers, or sports venues, its central location allows for easy access to these destinations. Business travelers and visiting professionals will appreciate the neighborhood's proximity to the city's key industries and institutions.

X-Factor - 9/10

The Hill's x-factor lies in its unparalleled sense of community and cultural heritage. The neighborhood's strong Italian-American roots are evident in every aspect of daily life, from the family-owned businesses to the annual festivals and traditions. This unique character creates an inviting atmosphere that keeps visitors coming back time and time again.

5. Top Place to Invest in St. Louis, Missouri - Forest Park South East

Forest Park South East, a hidden gem bordering the iconic Forest Park, is quickly becoming one of the most sought-after neighborhoods for Airbnb and short-term rental investments in St. Louis. With its prime location, diverse attractions, and thriving community, this area offers a unique opportunity for investors looking to capitalize on the city's growing tourism industry.

Forest Park South East Airbnb Market Data:

• Average Revenue – $26.3K per year
• Average Daily Rate – $113.8 per night
• Average Occupancy Rate – 72%
• Average RevPAR – $86.6

Convenience - 9/10

One of Forest Park South East's greatest strengths is its unbeatable convenience. The neighborhood is situated just minutes from downtown St. Louis and is well-connected to the rest of the city via major highways and public transportation. This makes it an ideal base for visitors looking to explore all St. Louis offers.

Tourist Attractions - 8/10

Forest Park South East is home to some of St. Louis' most popular attractions, including the world-renowned Saint Louis Zoo, the Saint Louis Art Museum, and the Missouri History Museum. These cultural institutions draw millions of visitors each year, providing a steady stream of potential guests for short-term rental properties in the area.

Things to Do - 9/10

In addition to its major attractions, Forest Park South East offers a wide range of activities and amenities for visitors to enjoy. The sprawling Forest Park features miles of walking and biking trails, picnic areas, and scenic lakes, while the neighborhood itself boasts a vibrant dining and entertainment scene, with numerous restaurants, bars, and shops to explore.

Average Home Prices - 7/10

According to Zillow, the median home value in Forest Park South East as of 2024 is $289,500, representing a modest 2.1% appreciation from the previous year. While prices in this desirable neighborhood may be slightly higher than in other parts of the city, the potential for strong rental income and long-term appreciation makes it a compelling investment opportunity.

Proximity to Work-Related Travel - 8/10

Forest Park South East is conveniently located near several major employers and institutions, including Barnes-Jewish Hospital, Washington University in St. Louis, and the Cortex Innovation Community. This proximity to key business and medical centers makes the neighborhood attractive for professionals and business travelers.

X-Factor - 9/10

What sets Forest Park South East apart is its unparalleled combination of natural beauty, cultural richness, and urban convenience. The neighborhood's lush green spaces and world-class attractions create a unique and memorable experience for visitors, while its prime location and thriving community make it an ideal place to live, work, and invest.

6. Top Place to Invest in St. Louis, Missouri - Soulard

Soulard, a historic neighborhood just south of downtown St. Louis, has emerged as a top destination for Airbnb and short-term rental investors. With its vibrant culture, stunning architecture, and prime location, this charming area offers a unique opportunity for those looking to capitalize on the city's thriving tourism industry.

Soulard Airbnb Market Data:

• Average Revenue – $21.2K per year
• Average Daily Rate – $118.4 per night
• Average Occupancy Rate – 60%
• Average RevPAR – $67.1

Convenience - 9/10

Soulard's proximity to downtown St. Louis and easy access to major highways make it an incredibly convenient location for visitors. The neighborhood is well-served by public transportation, including bus lines and the MetroLink light rail system, allowing guests to easily explore the city's many attractions.

Tourist Attractions - 8/10

While Soulard is a tourist attraction, known for its beautifully preserved 19th-century brick homes and lively Mardi Gras celebrations, it is just a short distance from many of St. Louis' most popular destinations. Visitors can easily reach the Gateway Arch, Busch Stadium, and the City Museum within minutes.

Things to Do - 9/10

Soulard is a neighborhood that never sleeps, offering an endless array of things to do for visitors of all ages. From browsing the historic Soulard Farmers Market to enjoying live music at one of the many local bars and restaurants, there's always something exciting happening in this vibrant community.

Average Home Prices - 7/10

According to Zillow, the median home value in Soulard as of 2024 is $279,900, representing a 2.8% appreciation from the previous year. While prices in this sought-after neighborhood may be higher than in some other parts of the city, the potential for strong rental income and long-term appreciation makes it a smart investment choice.

Proximity to Work-Related Travel - 8/10

Soulard's central location puts it within easy reach of many of St. Louis' major employers, including hospitals, universities, and corporate headquarters. The neighborhood's proximity to the America's Center Convention Complex also makes it an ideal choice for business travelers attending conferences and events.

X-Factor - 10/10

Soulard's unparalleled sense of community and rich cultural heritage truly sets it apart. From the moment you step into this historic neighborhood, you'll be charmed by its friendly residents, stunning architecture, and lively atmosphere. With its unique blend of old-world charm and modern amenities, Soulard offers an unforgettable experience that keeps visitors coming back time and time again.

7. Top Place to Invest in St. Louis, Missouri - Tower Grove South

Tower Grove South, a vibrant and eclectic neighborhood nestled in the heart of St. Louis, has quickly become one of the most sought-after locations for Airbnb and short-term rental investments. Boasting a perfect blend of urban convenience, stunning architecture, and a thriving local community, this area offers a unique opportunity for savvy investors looking to tap into the city's growing tourism market.

Tower Grove South Airbnb Market Data:

• Average Revenue – $22.1K per year
• Average Daily Rate – $124.9 per night
• Average Occupancy Rate – 62%
• Average RevPAR – $78.1

Convenience - 8/10

Tower Grove South's central location is one of its greatest assets, providing easy access to major highways and public transportation. Visitors can quickly reach downtown St. Louis and other popular neighborhoods and attractions, making it an ideal base for exploring the city.

Tourist Attractions - 7/10

While Tower Grove South may not be home to the city's most famous landmarks, it is just a short drive from many of St. Louis' top attractions, such as the Missouri Botanical Garden, the Saint Louis Zoo, and the iconic Gateway Arch. The neighborhood itself boasts a unique charm that draws visitors from far and wide.

Things to Do - 9/10

Tower Grove South is a haven for foodies, art enthusiasts, and those seeking a genuine local experience. The neighborhood is dotted with trendy restaurants, cozy cafes, and unique shops, offering endless opportunities for exploration and discovery. The nearby Tower Grove Park hosts a variety of events throughout the year, from farmers markets to live music performances.

Average Home Prices - 8/10

According to Zillow, the median home value in Tower Grove South as of 2024 is $249,500, representing an impressive 4.2% appreciation from the previous year. This strong growth, combined with the neighborhood's increasing popularity among visitors, makes it an attractive option for investors seeking to buy a home and transform it into an Airbnb.

Proximity to Work-Related Travel - 7/10

Tower Grove South's proximity to major employers, such as the Washington University Medical Center and the Cortex Innovation Community, makes it a convenient choice for business travelers and visiting professionals. While not directly adjacent to the city's main convention centers or sports venues, the neighborhood's central location ensures easy access to these destinations.

X-Factor - 9/10

Tower Grove South's x-factor lies in its unparalleled sense of community and diverse local culture. The neighborhood's historic architecture, vibrant arts scene, and eclectic mix of residents create a unique atmosphere that captivates visitors and keeps them coming back for more. This strong sense of place and authentic local experience is what sets Tower Grove South apart from other St. Louis neighborhoods.

8. Top Place to Invest in St. Louis, Missouri - Shaw Historic District

The Shaw Historic District, a charming and picturesque neighborhood in the heart of St. Louis, has emerged as a prime location for Airbnb and short-term rental investments. With its stunning Victorian-era architecture, lush green spaces, and proximity to the city's top attractions, this area offers visitors a unique and desirable experience.

Shaw Historic District Airbnb Market Data:

• Average Revenue – $21.5K per year
• Average Daily Rate – $122.7 per night
• Average Occupancy Rate – 59%
• Average RevPAR – $72.2

Convenience - 8/10

Shaw Historic District's central location makes it an incredibly convenient base for exploring St. Louis. The neighborhood is well-connected to the rest of the city via public transportation, and its proximity to major highways ensures easy access for those traveling by car.

Tourist Attractions - 9/10

One of Shaw Historic District's greatest draws is its proximity to the world-renowned Missouri Botanical Garden, a 79-acre oasis featuring stunning gardens, historic structures, and educational exhibits. The neighborhood is also just a short drive from popular attractions like the Saint Louis Zoo and the Saint Louis Art Museum.

Things to Do - 8/10

In addition to its nearby attractions, Shaw Historic District offers plenty of things to do within its own boundaries. Visitors can stroll through the neighborhood's tree-lined streets, admiring the beautifully preserved Victorian homes, or enjoy a picnic in the lush Tower Grove Park. The area also boasts a variety of local restaurants, cafes, and shops, each contributing to the neighborhood's unique charm.

Average Home Prices - 7/10

According to Zillow, the median home value in Shaw Historic District as of 2024 is $299,900, representing a modest 1.8% appreciation from the previous year. While prices in this sought-after neighborhood may be slightly higher than in some other parts of the city, the potential for strong rental income and long-term appreciation makes it a compelling investment opportunity.

Proximity to Work-Related Travel - 7/10

Shaw Historic District's location puts it within reasonable proximity to several major employers and institutions, including the Washington University Medical Center and the Cortex Innovation Community. While not directly adjacent to the city's main convention centers or sports venues, the neighborhood's central location ensures relatively easy access to these destinations.

X-Factor - 9/10

What truly sets Shaw Historic District apart is its unparalleled charm and historic character. The neighborhood's meticulously maintained Victorian homes, lush green spaces, and friendly community atmosphere create a unique and memorable experience for visitors. This authentic sense of place is what keeps guests coming back and makes Shaw Historic District a standout investment opportunity in St. Louis.

9. Top Place to Invest in St. Louis, Missouri - Ellendale

Ellendale, a hidden gem in the heart of St. Louis, is quickly becoming one of the most sought-after neighborhoods for Airbnb and short-term rental investments. This charming and historic area offers a perfect blend of urban convenience, stunning architecture, and a tight-knit community atmosphere that appeals to visitors from all walks of life.

Ellendale Airbnb Market Data:

• Average Revenue – $27.8K per year
• Average Daily Rate – $140.5 per night
• Average Occupancy Rate – 59%
• Average RevPAR – $86.7

Convenience - 7/10

While Ellendale may not be as centrally located as some other St. Louis neighborhoods, it still offers relatively easy access to the city's main attractions and business districts. The area is served by several bus lines, and its proximity to major highways makes it a convenient choice for those traveling by car.

Tourist Attractions - 6/10

Ellendale itself is not home to any major tourist attractions, but it is just a short drive from many of St. Louis' most popular destinations, such as Forest Park, the Saint Louis Zoo, and the Missouri Botanical Garden. The neighborhood's historic architecture and charming streetscapes also draw visitors seeking an authentic local experience.

Things to Do - 7/10

Ellendale boasts a growing number of local restaurants, cafes, and shops that cater to the needs of both residents and visitors. The nearby Lindenwood Park offers ample green space for outdoor activities, while the neighborhood's historic homes and buildings provide a fascinating glimpse into St. Louis' rich architectural heritage.

Average Home Prices - 9/10

According to Zillow, the median home value in Ellendale as of 2024 is $189,500, representing an impressive 5.3% appreciation from the previous year. This combination of affordable prices and strong growth potential makes Ellendale an attractive option for investors looking to maximize their return on investment.

Proximity to Work-Related Travel - 6/10

While Ellendale is not directly adjacent to St. Louis' main business districts or convention centers, it is still within reasonable proximity to many of the city's major employers, including hospitals, universities, and corporate headquarters. The neighborhood's access to public transportation and major highways also makes it a viable choice for business travelers.

X-Factor - 8/10

Ellendale's x-factor lies in its strong sense of community and small-town charm, which is increasingly rare in today's fast-paced urban environments. The neighborhood's friendly residents, historic architecture, and walkable streets create a welcoming atmosphere that keeps visitors coming back time and time again. This unique combination of factors makes Ellendale a hidden gem for Airbnb investors looking to tap into the St. Louis market.

10. Top Place to Invest in St. Louis, Missouri - Downtown

Downtown St. Louis, the vibrant heart of the Gateway City, has emerged as a prime location for Airbnb and short-term rental investments. With its iconic attractions, thriving business district, and unparalleled convenience, this dynamic neighborhood offers a unique opportunity for investors looking to capitalize on the city's growing tourism industry.

Downtown Airbnb Market Data:

• Average Revenue – $28.6K per year
• Average Daily Rate – $164.3 per night
• Average Occupancy Rate – 56%
• Average RevPAR – $91.2

Convenience - 10/10

One of Downtown St. Louis' greatest strengths is its unbeatable convenience. The neighborhood is served by an extensive public transportation network, including bus lines and the MetroLink light rail system, making it easy for visitors to navigate the city. Its central location also ensures quick access to major highways and the St. Louis Lambert International Airport.

Tourist Attractions - 9/10

Downtown St. Louis is home to many of the city's most iconic attractions, including the Gateway Arch, Busch Stadium, and the City Museum. These world-renowned destinations draw millions of visitors each year, providing a steady stream of potential guests for short-term rental properties in the area.

Things to Do - 9/10

In addition to its major attractions, Downtown St. Louis offers a wide range of activities and amenities for visitors to enjoy. The neighborhood boasts a thriving dining and entertainment scene, with numerous restaurants, bars, and live music venues. Visitors can also explore the area's rich history and architecture through guided tours or self-guided walks.

Average Home Prices - 6/10

According to Zillow, the median home value in Downtown St. Louis as of 2024 is $329,900, representing a modest 1.2% appreciation from the previous year. While prices in this sought-after neighborhood may be higher than in some other parts of the city, the potential for strong rental income and long-term appreciation makes it a compelling short-term rental investment opportunity.

Proximity to Work-Related Travel - 10/10

Downtown St. Louis is the city's primary business district, home to numerous corporate headquarters, government offices, and the America's Center Convention Complex. This concentration of business activity makes the neighborhood an ideal choice for professionals and business travelers, ensuring a consistent demand for short-term rental accommodations.

X-Factor - 8/10

What sets Downtown St. Louis apart is its unparalleled energy and urban vitality. The neighborhood's iconic skyline, rich history, and modern amenities create a unique and unforgettable experience for visitors. While the area may lack the intimate charm of some residential neighborhoods, its sheer convenience and abundance of attractions make it a top choice for Airbnb investors.