As a landlord in Pittsburgh, I have experienced first hand what it’s like to rent a home, own my own residence, and serve as a landlord.
Pittsburgh happens to be known as one of the most affordable cities in America.
Here are some quick stats as of March 7, 2022:
- Median sold price of a home in Pittsburgh is $215,000
- The City of Pittsburgh has a population of nearly 303,000 people and almost 2.4 million residents in the Pittsburgh metropolitan area.
- Population of Pittsburgh declined by about 1% over the past decade, while Allegheny County grew by a little over 2.2%, according to the U.S. Census Bureau.
- Median household incomes in Pittsburgh have increased by 4.9% year-over-year while property values rose by 3.5%.
- Median rent in Pittsburgh is $1,650 per month for a 3-bedroom home based on the most recent research from Zumper (December 2021).
- Rents in Pittsburgh have increased by 6% year-over-year.
- Renter-occupied households account for 50% of the total occupied housing units in Pittsburgh.
- Single-family homes in Pittsburgh make up 74% of the total housing units.
- Neighborhoods in Pittsburgh with the lowest rents include Elliot, Marshall-Shadeland, and Hays where average rents are $850 per month or less.
- Pittsburgh neighborhoods with the highest monthly rents include Strip District, Downtown Pittsburgh, and West Oakland where rents range between $3,291 and $5,530 per month.
Thinking about making a move to Pittsburgh or finding your next rental to lease? I may have some units available to rent. Fill out my contact form and I will be in touch with you soon!
Sincerely,
Quentin Trisler
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