In a recent article posted on STL Today, Jim Gallagher highlights an interesting trend in the St. Louis housing and rental markets. The article notes, “Rents are up because vacancies are down, and landlords are finding it easier to fill their apartments. The metro area vacancy rate is 5.8 percent, the lowest in 10 years…”
This is greatly in part because of an improving economy and the growing population of young adults.
The St. Louis community may also see a revival in apartment construction due to this growing demand for rental space. Over 1,000 St. Louis apartment units are being planned, and developers are looking for solid sites.
Your freshman and sophomore years have come and gone, and you may feel ready to break the campus bubble and move out of the dorms. Have you considered your own space? Itâ€™s for you to live on your own and explore new horizons that come along with renting an off-campus apartment, and you want more options! Find apartments near St. Louis University here!
Philip H. Barron Realty wants to help you find an apartment thatâ€™s right for you. We have many historic and affordable apartments near St. Louis University and are excited to provide SLU students with some new options. Our apartments near SLU offer comfortable and convenient living for you or your roommates with easy access to all of the local attractions. Whether you choose to go out around the Central West End or downtown, or choose to spend a day at Forest Park, we have a great selection of apartments to fit both your wants and needs, and most importantly, your budget.
All of these apartments are within walking distance (1 mile) to Saint Louis Universityâ€™s campus. Find the listing thatâ€™s right for you!
â€œIn the American mind, renting has long symbolized strivingÂ.Â Â As we work our way out of the Great Recession, it seems something has changed.Â Â Americans are getting over the idea of owning the American dream; increasingly, theyâ€™re OK with renting it.â€
Although the concept of leverage is hardly new, people are becoming more comfortable enjoying the good life without necessarily owning it.Â Check outÂ this articleÂ to better understand the dynamic and flexible options that renting provides.
Do you agree with this perspective? Tell us how you’ve prospered by leasing rather than owning.
Are you ready to break the campus bubble and move out of the dorms?Â Tired of living with irresponsible roommates and not having your own space?Â Well, maybe itâ€™s time for you to live on your own and explore new horizons that come along with renting an off-campus apartment.
Philip H. Barron Realty is here to help find a quality apartment thatâ€™s right for you. We have hundreds of historic apartments near Washington University in St. Louis, and we have been helping Washington University students find desirable housing for close to 50 years. Our apartments near Washington University offer comfortable and quality living for you and your roommate with easy access to all of the local attractions. Whether it is the popular Demun neighborhood; the University City Loop; The Moorlands in Clayton; or the fashionable Central West End, we have a great selection of apartments to fit your wants and needs, and most importantly, your budget.
But donâ€™t take it from us. See what students have to say about living in our apartments!
All of these apartments are within walking distance (1-2 miles) to campus. Find the listing thatâ€™s right for you!
It depends who you ask. Ask an apartment owner and a real estate agent the same question and there is a good chance will get two completely different answers. Â The real estate agent will tell you that interest rates are historically low and with deflated home prices, there has never been a better time to buy. Although this may be true, this is just part of the picture.
Whatâ€™s missing is that home values are not increasing, and a rapid recovery is not in sight. Even though the entry price for home ownership is low, the regular and unknown costs of owing and maintaining a home remain high. There is no doubt it costs much more to own a home than to rent St. Louis apartments, and you never know what kind of surprise is around the corner.
St. Louis apartment owners will tell you that there has never been a better time to rent. Even though vacancies are at ten-year lows and that rents are on the rise, it is perfect for those who want to live in a good neighborhood, fix their expenses, save money, while maintaining the flexibility to move at the end of their lease â€“ no strings attached, no short sales, no negative tax consequences and no brokerage fees or closing costs.