Jacksonville, FL vs St. Louis, MO: Real Estate Investment Comparison
Side-by-side comparison of two popular real estate investment markets. See how Jacksonville and St. Louis stack up on price, rent, cap rate, and more.
Why Invest in Jacksonville?
Jacksonville is the largest city by area in the contiguous US, offering diverse neighborhoods at varying price points. A naval base, growing finance sector, and Florida lifestyle attract a steady stream of renters.
- 1No state income tax
- 2Naval Station Mayport employment
- 3Largest land area — diverse neighborhoods
- 4Beach proximity without beach prices
Why Invest in St. Louis?
St. Louis offers some of the most affordable real estate among major US metros with strong rental yields. Washington University and a stable healthcare sector provide consistent employment and rental demand.
- 1Very affordable entry points
- 2Washington University drives demand
- 3Strong healthcare sector
- 4High cap rates available
Which Is Better For...
Cash Flow Investing
St. Louis has higher cap rates (7-10% vs 5-7%), suggesting stronger cash flow potential relative to price.
Low Entry Cost
St. Louis has lower median prices ($150K-$230K vs $270K-$360K), requiring less capital to get started.
Rental Income
Jacksonville has higher average rents ($1,400-$1,900 vs $900-$1,400), generating more gross rental income.
Market Size
Jacksonville (950K+) is the larger market, offering more inventory and diversification.
Analyze Properties in Either Market
Search any address in Jacksonville or St. Louis and get instant cap rate, cash flow, and ROI calculations.
Frequently Asked Questions
Is Jacksonville or St. Louis better for rental property investing?
Both cities offer opportunities. Jacksonville has cap rates of 5-7% with median prices of $270K-$360K, while St. Louis has cap rates of 7-10% with median prices of $150K-$230K. The best choice depends on your investment goals — cash flow vs appreciation — and your budget. Use PropertyDNA to analyze specific properties in either market.
What are the cap rates in Jacksonville vs St. Louis?
Jacksonville, FL has cap rates ranging from 5-7%, while St. Louis, MO has cap rates of 7-10%. Higher cap rates indicate more income relative to the property price, but may come with different risk profiles.
Which city has more affordable rental properties, Jacksonville or St. Louis?
Jacksonville has median home prices of $270K-$360K compared to St. Louis's $150K-$230K. Average rents are $1,400-$1,900 in Jacksonville and $900-$1,400 in St. Louis. Consider both price and rent when evaluating affordability and cash flow potential.