In St. Louis, a typical home is worth $119,200 and typical rent is $794 a month. Compared with all of Gratiot County, typical household income is 19% lower, the typical home value is 19% lower, and the share of households that own their home is 12 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $147,429 to $166,478.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
St. Louis is in Gratiot County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Gratiot County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical household income in St. Louis is $51,167,19% less than in Gratiot County as a whole ($63,556).
2
The typical home in St. Louis is worth $119,200,19% less than in Gratiot County as a whole ($147,500).
3
67% of households in St. Louis own their home, against 79% in Gratiot County.
4
St. Louis has the 15th lowest typical rent of the 175 cities in Michigan with more than 5,000 people ($794).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in St. Louis
What homes there are in St. Louis, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
St. Louis
Gratiot County
Michigan
United States
Kind of home: St. Louis and its comparisons
Measure
St. Louis
Gratiot County
Michigan
United States
Detached house
61%
77%
72%
61%
Attached house
Unreliable estimate
2%
5%
6%
Building of 2 to 4
13%
4%
5%
8%
Apartments (5 or more)
Unreliable estimate
7%
13%
19%
Mobile home
9%
10%
5%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in St. Louis (61%), but less so than in Gratiot County (77%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
St. Louis
Gratiot County
Michigan
United States
Year built: St. Louis and its comparisons
Measure
St. Louis
Gratiot County
Michigan
United States
Before 1960
37%
42%
36%
26%
1960–1979
34%
27%
26%
24%
1980–1999
20%
21%
22%
25%
2000–2009
Unreliable estimate
8%
10%
14%
2010 or later
Unreliable estimate
3%
6%
11%
By age, homes in St. Louis look like those in Gratiot County: the typical year built is 1966.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K43%
$100K–$200K36%
$200K–$300KUnreliable
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: St. Louis and its comparisons
Measure
St. Louis
Under $100K
43%
$100K–$200K
36%
$200K–$300K
Unreliable estimate
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99954%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: St. Louis and its comparisons
Measure
St. Louis
Under $500
Unreliable estimate
$500–$999
54%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,123 a month
Gratiot County: $1,248 a month
Without a mortgage
$675 a month
Gratiot County: $534 a month
Owners with a mortgage
52%
Gratiot County: 54%
Owning costs less in St. Louis: with a mortgage, the typical cost is $1,123 a month; in Gratiot County, $1,248. Without one, $675.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
St. Louis+45%
Gratiot County+55%
Michigan+50%
United States+53%
Typical rent
St. Louis+16%
Gratiot County+21%
Michigan+30%
United States+33%
Typical household income
St. LouisNo clear change
Gratiot County+33%
Michigan+28%
United States+29%
Change since 2015–2019: St. Louis and its comparisons
Measure
St. Louis
Gratiot County
Michigan
United States
Typical home value
+45%
+55%
+50%
+53%
Typical rent
+16%
+21%
+30%
+33%
Typical household income
No clear change
+33%
+28%
+29%
The typical home value in St. Louis rose 45% since 2015–2019, less than in Gratiot County (55%).
Rents in St. Louis rose more slowly than in Gratiot County: 16% since 2015–2019, against 21%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: St. Louis and its comparisons
Measure
St. Louis
Gratiot County
Michigan
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.1%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
1.5%
1.6%
3.4%
People per household
2.31
2.40
2.42
2.53
Drive alone
83%
80%
74%
69%
Carpool
Unreliable estimate
7%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
5%
2%
3%
Work from home
Unreliable estimate
8%
14%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Much as in Gratiot County, a household in St. Louis has 2.31 people on average.
To get to work, 83% of workers in St. Louis drive alone; in Gratiot County, 80%.
Do the math
What would you pay each month for a home in St. Louis?
A typical home is within reach of the typical income
We start with a typical home in St. Louis, worth $119,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 24% of the typical household income in St. Louis, which is $51,167 a year.
The calculator's FHA and conventional loan limits are those of all of Gratiot County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in St. Louis. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $4,172 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,032
at 7.18% · 30 years
Loan amount
$117,041
Total interest
$168,395
Paid off in
November 2056
Includes $2,013 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,194 a month
Your payment · 24%
Tight
$1,194 to $1,535 a month
Hard
more than $1,535 a month
Compared with the typical household income in St. Louis ($51,167 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$793
Property tax
$137
Home insurance
$50
FHA mortgage insurance (MIP)
$53
You need at least $4,172 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,032; principal and interest $793.
The city and its county
St. Louis and Gratiot County
St. Louis is in Gratiot County, Michigan. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
St. Louis
Map of Gratiot County, Michigan, with St. Louis marked. Around it, the neighboring counties.
St. Louis
Gratiot County
Other cities with a page
St. Louis's own numbers
Typical home value
$119,200
Typical monthly rent
$794
Typical yearly household income
$51,167
Households that own their home
67%
Effective property tax rate
1.38%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Gratiot County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,018
Price change over 5 years (FHFA)
+58%
Homes in a high flood-risk zone
1.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Gratiot County.
A typical home in St. Louis is worth $119,200: 19% below the county and 49% below Michigan. With the typical household income in St. Louis ($51,167 a year), a typical home costs 2.3 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
St. Louis2.3 years
Gratiot2.3 years
Michigan3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Gratiot County
According to FHFA’s house price index, home prices in Gratiot County rose 94% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Gratiot County.
Yearly change in FHFA’s price index in Gratiot County, 2016 to 2025
2016: +0.3% +0.3% 2016
2017: +5.9% +5.9% 2017
2018: +5.9% +5.9% 2018
2019: +5.5% +5.5% 2019
2020: +3.6% +3.6% 2020
2021: +14.9% +14.9% 2021
2022: +12.6% +12.6% 2022
2023: +8.2% +8.2% 2023
2024: +8.1% +8.1% 2024
2025: +4.2% +4.2% 2025
Change in FHFA’s price index in Gratiot County, Michigan and the United States
Period
County
Michigan
U.S.
Last year (2025)
+4.2%
+4.7%
+2.9%
5 years (2020–2025)
+58%
+52%
+47%
10 years (2015–2025)
+94%
+97%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
St. Louis next to Gratiot County, Michigan and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
St. Louis$119,200
Gratiot$147,500
Michigan$231,600
United States$332,700
Typical monthly rent
St. Louis$794
Gratiot$834
Michigan$1,129
United States$1,413
Typical yearly household income
St. Louis$51,167
Gratiot$63,556
Michigan$72,875
United States$80,734
See the full table
St. Louis next to Gratiot County and Michigan
Measure
St. Louis
Gratiot County
Michigan
U.S.
Typical home value
$119,200 ▼19% below the county
$147,500
$231,600
$332,700
Typical monthly rent
$794 ▼5% below the county
$834
$1,129
$1,413
Typical yearly household income
$51,167 ▼19% below the county
$63,556
$72,875
$80,734
Households that own their home
67% ▼12 points below the county
79%
73%
65%
Typical yearly property tax
$1,642 ▼10% below the county
$1,826
$2,904
$3,119
Effective property tax rate
1.38% ▲0.14 points above the county
1.24%
1.25%
0.94%
Renters with high rent for their income
54% ▲7 points above the county
47%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Gratiot County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in St. Louis
For a typical $119,200 home in St. Louis, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, St. Louis's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,032a month
Least cash to close
Down payment
$4,172
Cash to close
$7,748
Rate
7.18%
Mortgage insurance
FHA MIP · $53
Conventional, 5% down$1,010a month
Down payment
$5,960
Cash to close
$9,536
Rate
7.18%
Mortgage insurance
PMI · $57
Conventional, 20% down, no PMI$833a month
Down payment
$23,840
Cash to close
$27,416
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$943a month
Down payment
$17,880
Cash to close
$21,456
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in St. Louis
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,032
$4,172
$117,041
7.18%
FHA MIP · $53
$7,748
580
Conventional, 5% down
$1,010
$5,960
$113,240
7.18%
PMI · $57
$9,536
620*
Conventional, 20% down, no PMI
$833
$23,840
$95,360
7.18%
None
$27,416
620*
ITIN, 15% down (example)
$943
$17,880
$101,320
8.18%
None
$21,456
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in St. Louis is $794 a month: 5% below the county. In St. Louis, 54% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Gratiot County, by unit size. To pay the 2-bedroom one ($1,018 a month) without spending more than 30% of your income, you would need to earn $19.58 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Gratiot County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$726
$13.96
$29,040
1 bedroom
$778
$14.96
$31,120
2 bedrooms
$1,018
$19.58
$40,720
3 bedrooms
$1,344
$25.85
$53,760
4 bedrooms
$1,454
$27.96
$58,160
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in St. Louis
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). St. Louis is in ZIP code 48880.
For 2 bedrooms it is $1,080: $62 more than the fair market rent for Gratiot County ($1,018).
Fair market rent by ZIP code and size in St. Louis, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
48880
$820
$840
$1,080
$1,370
$1,520
ZIP code2 bd3 bd
48880 $1,080$1,370
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for St. Louis when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Gratiot County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for St. Louis or Gratiot County. The ones below are statewide in Michigan: they work in St. Louis the same as in the rest of the state.
Michigan state agency loan of up to $10,000, with no interest and no monthly payments, for the down payment, closing costs and prepaid expenses; it goes with MSHDA's MI Home Loan mortgage and is repaid in certain cases, such as when you pay off the first mortgage, sell or refinance the home, or no longer live in it.Offered by Michigan State Housing Development Authority (MSHDA).
Michigan state authority certificate that lets you take 20% of the interest you pay each year on your mortgage off your federal taxes, for the life of the loan; you apply with an approved lender before you buy.Offered by Michigan State Housing Development Authority (MSHDA).
No legal help resource on our list is for St. Louis or Gratiot County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for St. Louis and all of Gratiot County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in St. Louis?
The typical home value in St. Louis is $119,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Gratiot County it is $147,500.
How much does it cost to rent in St. Louis?
Typical rent in St. Louis is $794 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Gratiot County is $1,018.
What is the FHA loan limit in St. Louis?
St. Louis uses the FHA limit for all of Gratiot County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in St. Louis?
The typical homeowner in St. Louis pays $1,642 a year, according to the U.S. Census Bureau. That is 1.38% of the home’s value; in Gratiot County, the rate is 1.24%.
Where can I find free help to buy or rent in St. Louis?
We found no HUD-approved counseling agencies with an office in Gratiot County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
