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New Developments Are Increasing Studio Apartments Across St. Louis

Demand Is Three Times the Long-Term Average
CoStar Analytics
August 4, 2023 | 5:39 P.M.

The pandemic led to a surge in demand for and construction of apartments in St. Louis. From 2020 to the second quarter of 2023, over 10,000 new apartments have been built, a significant increase compared with the average of 1,500 apartments built annually from 2013 to 2019.

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