CloseHound
APrimeST. LOUIS CITY COUNTY · MIDWEST

St. Louis Section 8 Investing: A-Grade Voucher Math

St. Louis City is an A-grade Section 8 market on CloseHound, where voucher rent routinely beats the open market and supports strong cash-on-cash before financing. The median 3-bedroom voucher pays $1,400/mo against a $140,000 supported price, with moderate costs — about 1% property tax and 0.9% insurance — across the 9 screened ZIP codes in this Midwest market.

Even at an A grade, the discipline still applies: the screened voucher range is fairly tight at $1,270 to $1,510, so paying above the $140,000 supported price quickly erodes the edge. Underwrite each address against its specific ZIP. Screen any St. Louis property free on CloseHound to confirm where the math lands.

$1,400/mo
Median 3-bed voucher
$140,000
Supported price
1% rule, illustrative
1%
Property tax
of value / yr
0.9%
Insurance
of value / yr

St. Louis HUD Section 8 voucher rents by ZIP (FY2026)

Official HUD Small Area Fair Market Rents — the voucher ceiling a landlord can collect in each ZIP, by bedroom count.

ZIP code2-bed3-bed4-bed
63107$1,030/mo$1,330/mo$1,530/mo
63111$990/mo$1,270/mo$1,480/mo
63113$1,110/mo$1,430/mo$1,650/mo
63115$1,060/mo$1,360/mo$1,580/mo
63116$1,170/mo$1,510/mo$1,740/mo
63118$1,160/mo$1,490/mo$1,730/mo
63120$1,030/mo$1,330/mo$1,530/mo
63136$1,100/mo$1,420/mo$1,640/mo
63147$1,090/mo$1,400/mo$1,620/mo

Source: HUD FY2026 SAFMR. CloseHound underwrites live listings against these exact ceilings.

More Section 8 markets in Missouri

St. Louis Section 8 FAQ

What's the Section 8 voucher rent for a 3-bed in St. Louis?+

The median 3-bedroom voucher in St. Louis City pays about $1,400/mo on FY2026 figures, with screened ZIPs ranging from $1,270 to $1,510.

Is St. Louis a good Section 8 market?+

Yes — CloseHound grades it an A, the top tier, meaning voucher rent routinely beats market and supports strong cash-on-cash on the right property.

What's the property-tax and insurance drag in St. Louis?+

St. Louis runs roughly 1% effective property tax and about 0.9% insurance — moderate costs that still leave room for the A-grade voucher math to work.

How do I find cash-flowing Section 8 deals in St. Louis?+

Run the address through CloseHound's free screener, which tests the asking price against the $1,400/mo median 3-bed voucher and the $140,000 1%-rule supported price.

Screen St. Louis deals free

See which St. Louis listings actually cash-flow on the voucher — underwritten and ranked by Deal Score.

Screen free →

10 free screens · no card · all 50 states