Updated 17 Hours Ago
Location
4040 Shreve Ave, Saint Louis, MO 63115, USA|Penrose
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Property Overview
4040 Shreve Avenue earns a strong overall rating, with standout marks for price and location, along with solid scores for amenities and trustworthiness. It is priced competitively for its features and offers convenient access to nearby points of interest and transportation, while also being close to a top-rated elementary school.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby
Floor plans
| 3BR/1.0BA | 3 bed | 1 bath | 1,201 sqft | $1,250 /mo | 1 unit available | Don’t miss this beautifully maintained all-brick 2-story duplex located in the Penrose neighborhood of St. Louis. This unit features 3 bedrooms and 1 bathroom with charming character and thoughtful updates throughout. Inside you’ll find beautifully refinished hardwood floors, updated kitchens with modern glass mosaic backsplashes, and custom bathrooms with ceramic tile tub surrounds. It also includes a bonus sunroom, perfect for extra living space, a home office, or relaxing with natural light. This unit is very bright, offering an abundance of natural sunlight throughout the day. Section 8 vouchers are welcome. Lease Terms • Section 8 accepted • Minimum 12-month lease required • Security deposit required • Tenant must provide liability insurance prior to occupancy, at each lease renewal, and upon request • Tenant responsible for certain utilities ($89 monthly utility fee) • Non-smoking property • Please contact Property Manager for pet policy details |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 2 |
|---|
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About 4040 Shreve Avenue
Don’t miss this beautifully maintained all-brick 2-story duplex located in the Penrose neighborhood of St. Louis. This unit features 3 bedrooms and 1 bathroom with charming character and thoughtful updates throughout. Inside you’ll find beautifully refinished hardwood floors, updated kitchens with modern glass mosaic backsplashes, and custom bathrooms with ceramic tile tub surrounds. It also includes a bonus sunroom, perfect for extra living space, a home office, or relaxing with natural light. This unit is very bright, offering an abundance of natural sunlight throughout the day. Section 8 vouchers are welcome. Lease Terms • Section 8 accepted • Minimum 12-month lease required • Security deposit required • Tenant must provide liability insurance prior to occupancy, at each lease renewal, and upon request • Tenant responsible for certain utilities ($89 monthly utility fee) • Non-smoking property • Please contact Property Manager for pet policy details
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.
Positives
- Elementary school nearby
- There is an elementary school 0.4 mile away
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Rent trends in Penrose
3-bedroom apartments at 4040 Shreve Avenue cost about 7% less than the average rent price for 3-bedroom apartments in Penrose.
Median rents as of Jul 11 2026.
Penrose
St. Louis
| Month | Median Rent |
|---|---|
| July 2024 | $1,000 |
| 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 | $913 |
| November 2025 | $940 |
| December 2025 | $911 |
| January 2026 | $980 |
| February 2026 | $978 |
| March 2026 | $907 |
| April 2026 | $980 |
| May 2026 | $1,069 |
| June 2026 | $1,050 |
| July 2026 | $1,049 |
| 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
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 3-bedrooms monthly rent price of $1,250.
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-
Nahed Chapman New American Academy
1530 south grand
st. louis, MO, 63104
K-8Public
C-
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Internet available near 4040 Shreve Avenue
Neighborhood
Penrose | St. Louis, MO
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
Explore the area around 4040 Shreve Ave
Central Market
4162 N Newstead Ave
S & M Market
5001 N Kingshighway Blvd
Newstead Supermarket & Grill
2921 N Newstead Ave
M1 Food Market
4600 Pope Ave
E & L Market
5120 Thekla Ave
Family Dollar
4487 Natural Bridge Ave
Family Dollar
3501 N Kingshighway Blvd
Asher's Clothing & Shoe Co
2907 N Kingshighway Blvd
Zigi Soho
3901 Union Blvd
Styles Clothing Co, LLC
5390 Bircher Blvd
Urban Cafe & Coffee Shop
2700 Union Blvd
Coffee Club
4818 Washington Blvd
24:1 Coffee House/Cafe
2505 Kienlen Ave
Brew Tulum
5090 Delmar Blvd
Mary Ann's Tea Room
4732 McPherson Ave
Marion Piggee
4621 Dr Martin Luther King Dr
NBC Lounge
4621 Dr Martin Luther King Dr
City Magic Cocktail Lounge
4955 Dr Martin Luther King Dr
Speakeasy A Bar & Restaurant
5532 W Florissant Ave
Valerie's Sit & Sip
3701 Sullivan Ave
Yummy Sweetcakes LLC
4463 Farlin Ave
Midwest Best Produce Co Inc
4101 Geraldine Ave
Regal Meat Market
5791 Thekla Ave
Sarah Easton Poultry Fish & Egg Market
1300 N Vandeventer Ave
Kingz Turkee Shack
3623 Page Blvd
Eugene "Tink" Bradley Park
Garden
W. C. Handy Park
Penrose Park
Playground
Yummy Sweetcakes
Chen Bing
4700 Natural Bridge Ave
Rally's Hamburgers
4949 Natural Bridge Ave
Subway
4963 Natural Bridge Ave
McDonald's
4979 Natural Bridge Ave
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