CalculateRealEstateROI

Market Research

Pittsburgh, PA — Investment Research

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.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Opportunity
52
Future Outlook
42
Grade
C
Cap Rate
7.5%

Market Commentary

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

Fundamentals

Median Price
$220,000
Median Rent
$1,500
per month
Yield
8.2%
Pop Growth
-0.2%
Job Growth
1.1%
Vacancy
6.5%

Investment Pros / Cons

  • ✓ UPMC and CMU economic anchors
  • ✓ Affordable for the Northeast
  • ✓ Strong cash flow potential
  • × High property taxes (~1.8%)
  • × Slow population growth
  • × Modest appreciation