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St. Louis apartment vacancies flat despite slowing demand

Higher-end properties offset losses among other segments
The 269-unit Neo Vantage Pointe opened in 2024 and was developed by Mills Properties. (CoStar)
The 269-unit Neo Vantage Pointe opened in 2024 and was developed by Mills Properties. (CoStar)
CoStar Analytics
May 22, 2025 | 3:35 P.M.

During the first quarter of 2025, net absorption, or the difference between move-ins and move-outs, fell from its prior year's level to just under 400 units, representing a nearly 50% decline.

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