TKPP Market

St Louis, MO

GATEWAY TO PROSPERITY: WHERE HISTORIC STABILITY MEETS MODERN GROWTH

Key Investment Highlights

$

Exceptional Value Metrics

Median home prices of $240,000 with average rents of $1,249-$1,387 generate strong cash-on-cash returns.

🏢

Economic Powerhouse

Major employers including Boeing, Express Scripts, and Anheuser-Busch anchor a $152 billion GDP economy with diverse healthcare, finance, and manufacturing sectors.

📈

Accelerating Rent Growth

3.6% projected annual rent increases through 2025, consistently ranking in the top 15 U.S. markets for rent appreciation over the past two years.

Missouri Tax Advantages

Business-friendly state leading the nation in 2.4% employment growth, with a cost of living 11% below the national average and landlord-favorable regulations.

🏠

Strong Rental Demand

With 55% of households renting, St. Louis offers dependable tenant demand and strong occupancy potential across well-positioned neighborhoods.

🏥

Healthcare & Education Anchor

World-renowned institutions like Barnes-Jewish Hospital and Washington University support recession-resistant employment and stable rental demand.

🔑

Professional Management Performance

With 350 properties managed, 95% global occupancy, 95% rents collected by the 10th, and 3-5 weeks average tenant turnover, St. Louis supports efficient operations.

🌎

Central U.S. Market Advantage

As the nation’s geographic center, St. Louis benefits from strategic regional access, diversified commerce, and long-term economic resilience.

💼

Investor-Friendly Operations

Serving 100% out-of-state investors with a competitive 10% property management fee, St. Louis is built to support hands-off ownership.

▁▂▃▅▆▃▂▁
Market Infographic

Memphis, Tennessee

Real Estate Market Snapshot

Affordable entry pricing, stable rental demand, and a buyer-friendly environment continue to keep Memphis on the radar for long-term investors.

Typical Home Value
$142,870
Memphis remains one of the more accessible large-city housing markets, giving buyers a lower barrier to entry than many major metros.
Average Monthly Rent
$1,234/mo
Relative affordability and ongoing rental demand support Memphis as a market often discussed for income-focused strategies.
City Population
610,919
Memphis remains a major Tennessee population center with a broad housing base and durable demand across established neighborhoods.
Days to Pending
45 Days
Well-positioned listings continue to move at a healthy pace in the Memphis housing market.
Buyer Advantage
3.16% Below Asking
Homes are selling below asking price on average, giving buyers and investors more room to negotiate and structure better deals.
Market Position
Buyer’s Market
Current conditions favor disciplined buyers looking for value in a market known more for rental income than speculation.
Sample Property Showcase

See the Transformations

These sample projects highlight the kind of work that can turn dated properties into cleaner, more functional, and more marketable rental-ready homes. Each example below showcases major improvements and before-and-after results from actual renovation work.

Property Example 1

12011 Jerries Ln

This renovation focused on the high-impact updates that improve both curb appeal and day-to-day livability, with major exterior work, system upgrades, and refreshed kitchen and bath finishes to strengthen the home’s rental readiness.

Highlighted Scope of Work

This project went beyond simple cosmetic improvements, combining exterior repairs, mechanical upgrades, interior finish work, and key kitchen and bathroom updates to create a cleaner, more functional, and more marketable rental property.

Completed major exterior work including landscaping, power washing, roof and decking replacement, fascia and soffit repairs, exterior paint, and replacement of rotten wood.
Installed a new HVAC system and hot water tank to improve the property’s major mechanical systems and long-term functionality.
Updated the kitchen with new cabinets, granite countertops, and new appliances including the stove, refrigerator, vent hood, and dishwasher.
Renovated the bathrooms with a new bathtub, two toilets, two vanities, two mirrors, and all new faucets for a cleaner, more modern finish.
Installed new vinyl plank flooring and quarter round throughout the home to give the interior a more cohesive and durable look.
Replaced damaged windows, added new window screens and blinds, and upgraded the back door along with the garage door and motor.
Improved the home’s finish quality with new interior and exterior light fixtures, ceiling fans, outlets, switches, covers, air vents, and updated door hardware.
Completed interior refresh work including wall and mirror removal, sheetrock repair, and full interior paint to brighten and modernize the living spaces.

Population Trend — Memphis, TN

Source: U.S. Census Bureau QuickFacts (2020 and 2024 estimates) (census.gov)

Price-to-Rent Ratio — Memphis, TN

Source: SmartAsset / SoFi Price-to-Rent Analysis (2025 data) (sofi.com)

Ready to Start Investing?

Not sure which market is right for you? Our team will help you choose the best location and property based on your goals.

Book a Call
Turnkey Property Pro

CUSTOMER CARE

LEGAL

Copyright 2026. Turnkey Property Pro. All Rights Reserved.

The information contained herein is provided “as is” for educational and informational purposes only and is not intended to serve as investment advice or for trading purposes. Click here to read our full financial disclaimer. By submitting your email address and mobile number when submitting a form on our website, you agree to receive emails and text messages from Turnkey Property Pro Companies regarding your submission or other industry-related information. You can opt out anytime. Message & data rates may apply. View Privacy Policy.