Property Prices in Pittsburgh, PA, United States

Index Info
Price to Income Ratio: 2.53
Mortgage as Percentage of Income: 22.68%
Loan Affordability Index: 4.41
Price to Rent Ratio - City Centre: 6.92
Price to Rent Ratio - Outside of Centre: 7.41
Gross Rental Yield (City Centre): 14.45%
Gross Rental Yield (Outside of Centre): 13.50%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,710.00 $ 1,200.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,072.22 $ 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,916.67 $ 2,200.00-3,600.00
Apartment (3 bedrooms) Outside of Centre 1,916.67 $ 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 234.24 $ 169.45-400.00
Price per Square Feet to Buy Apartment Outside of Centre 160.54 $ 154.03-300.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,204.87 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.19-7.29

These data are based on 120 entries from 39 contributors over the past 18 months.
Last update: April 2025

Sources and References
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