CalculateRealEstateROI

PA • Market Analysis

Pittsburgh Real Estate Investment Analysis

Pittsburgh has transformed from a steel town into a healthcare, education, and robotics hub — and still offers some of the best affordability in the Northeast.

Median Home Price
$220,000
Median Rent
$1,500
per month
Avg Cap Rate
7.50%
5-Yr Appreciation
38%
Rental Yield
8.20%
Population Growth
-0.20%
Job Growth
1.10%
Vacancy Rate
6.50%

Investor pros

  • UPMC and CMU economic anchors
  • Affordable for the Northeast
  • Strong cash flow potential

Investor cons

  • High property taxes (~1.8%)
  • Slow population growth
  • Modest appreciation

Commentary

Pittsburgh suits buy-and-hold cash-flow investors. Squirrel Hill, Lawrenceville, and South Hills submarkets offer stable Class-B demand.

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