5+ Days Ago
Highlights
- Hardwood floors
- Sleek finishes
- Three spacious bedrooms
- Updated kitchen and bathroom
Location
4040 Shreve Ave, Saint Louis, MO 63115, USA|Penrose
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Floor plans
| 3BR/1.0BA | 3 bed | 1 bath | 2,402 sqft | $1,350 /mo | 1 unit available | Welcome Home! This beautifully updated first floor unit apartment has everything you’ve been searching for. From the moment you walk in, you’ll be greeted by gleaming hardwood floors that bring warmth and charm to the entire space. The updated kitchen and bathroom are true standouts, featuring sleek finishes and updated appliances designed to make cooking, entertaining, and everyday living a breeze. Freshly painted walls create a bright and crisp atmosphere throughout. With three spacious bedrooms, there’s plenty of room for everyone to relax and unwind. Plus, the bonus unit offers incredible flexibility, perfect as a guest room, home office, or cozy lounge. Stay comfortable year-round with central A/C. ?? Don’t miss this amazing rental opportunity. Schedule your showing today and discover all the ways this home can fit your lifestyle. Lease Terms: - Minimum 12-month lease term - Security deposit required - Liability Insurance Requirements - tenant is required to furnish Landlord evidence of the required insurance before occupancy, at the time of each lease renewal period, and upon request. - The tenant is responsible for some Utilities - Gas and electric. - $89 utility fee for water, sewer and trash. - This is a non-smoking home! - See Property Manager for details regarding pets. **Pre-Approved Application is strongly encouraged before touring the home. Preferred RENTAL GUIDELINES: - Minimum Credit Score 600 - 3x Income-to-Rent ratio - No felony convictions against persons or property - Positive rental history We STRONGLY prefer no evictions, collections, foreclosures or bankruptcies APPLICATION PROCESS - $65 per adult. All app fees are non-refundable. - Pay online through the application link with a credit or debit card - Anyone over the age of 18 who will be living in the home is required to apply - Application can take 3-5 business days to process - Approved applicants will be required to pay a security deposit at the time of lease execution - The number of occupants must comply with county/municipal standards |
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Policies and fees
Building details
Property details
| Units | 2 |
|---|
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About 4040 Shreve Avenue
Welcome Home! This beautifully updated first floor unit apartment has everything you’ve been searching for. From the moment you walk in, you’ll be greeted by gleaming hardwood floors that bring warmth and charm to the entire space. The updated kitchen and bathroom are true standouts, featuring sleek finishes and updated appliances designed to make cooking, entertaining, and everyday living a breeze. Freshly painted walls create a bright and crisp atmosphere throughout. With three spacious bedrooms, there’s plenty of room for everyone to relax and unwind. Plus, the bonus unit offers incredible flexibility, perfect as a guest room, home office, or cozy lounge. Stay comfortable year-round with central A/C. ?? Don’t miss this amazing rental opportunity. Schedule your showing today and discover all the ways this home can fit your lifestyle. Lease Terms: - Minimum 12-month lease term - Security deposit required - Liability Insurance Requirements - tenant is required to furnish Landlord evidence of the required insurance before occupancy, at the time of each lease renewal period, and upon request. - The tenant is responsible for some Utilities - Gas and electric. - $89 utility fee for water, sewer and trash. - This is a non-smoking home! - See Property Manager for details regarding pets. **Pre-Approved Application is strongly encouraged before touring the home. Preferred RENTAL GUIDELINES: - Minimum Credit Score 600 - 3x Income-to-Rent ratio - No felony convictions against persons or property - Positive rental history We STRONGLY prefer no evictions, collections, foreclosures or bankruptcies APPLICATION PROCESS - $65 per adult. All app fees are non-refundable. - Pay online through the application link with a credit or debit card - Anyone over the age of 18 who will be living in the home is required to apply - Application can take 3-5 business days to process - Approved applicants will be required to pay a security deposit at the time of lease execution - The number of occupants must comply with county/municipal standards
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 4040 Shreve Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 4040 Shreve Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
4040 Shreve Avenue offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 4040 Shreve Avenue is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
4040 Shreve Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 4040 Shreve Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4040 Shreve Avenue compares to other nearby properties.
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Penrose
Median rents as of Oct 18 2025.
Penrose
St. Louis
| Month | Median Rent |
|---|---|
| November 2023 | $885 |
| December 2023 | $854 |
| January 2024 | $882 |
| February 2024 | $895 |
| March 2024 | $921 |
| April 2024 | $938 |
| May 2024 | $957 |
| June 2024 | $971 |
| July 2024 | $1,027 |
| August 2024 | $978 |
| September 2024 | $990 |
| October 2024 | $995 |
| November 2024 | $978 |
| December 2024 | $993 |
| January 2025 | $985 |
| February 2025 | $985 |
| March 2025 | $991 |
| April 2025 | $1,001 |
| May 2025 | $937 |
| June 2025 | $935 |
| July 2025 | $939 |
| August 2025 | $976 |
| September 2025 | $948 |
| October 2025 | $917 |
| Month | Median Rent |
|---|---|
| November 2024 | $850 |
| December 2024 | $737 |
| January 2025 | $700 |
| February 2025 | $750 |
| March 2025 | $750 |
Affordability calculator
Can I afford to live at 4040 Shreve Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$54,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this 3-bedrooms monthly rent price of $1,350.
For more information on rent affordability, visit our rent calculator.
Schools near 4040 Shreve Avenue
Hickey Elementary School
3111 cora ave
st louis, MO, 63115
PK, K-6Public
D+
George Washington Carver Elementary School
3325 bell
st. louis, MO, 63106
PK, K-5Public
C-
Elias Michael Elementary School
2 gateway dr
st louis, MO, 63106
PK, K-8Public
C-
Gateway Elementary School
4 gateway dr
st louis, MO, 63106
PK, K-5Public
C-
Dewey International Studies School
815 ann ave
st louis, MO, 63104
PK, K-5Public
C-
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Internet available near 4040 Shreve Avenue
Neighborhood
Penrose | St. Louis, MO
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Saint Louis near 4040 Shreve Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 4040 Shreve Ave, Saint Louis
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
2/10
Some bars within walking distance
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