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Multifamily development reshapes some areas of St. Louis

St. Charles County leads inventory growth; downtown sees largest increase in vacancy
The Jasper Apartments, a 176-unit property in St. Peters, opened last year. (CoStar)
The Jasper Apartments, a 176-unit property in St. Peters, opened last year. (CoStar)
CoStar Analytics
June 15, 2026 | 7:09 P.M.

Apartment development across the St. Louis area has added a large number of new units over the past five years, reshaping market conditions in different parts of the region.

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