GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Pittsburgh

The average rent in Pittsburgh is around $1,200 per month.

With sources from: trulia.com, redfin.com, zumper.com, reis.com and many more

Statistic 1

The average rent in the Southside Flats area of Pittsburgh is $1,600.

Statistic 2

The rent prices in Pittsburgh have been rising at an annual rate of 3.2%.

Statistic 3

The Oakland neighborhood, home to multiple universities, has an average rent of $1,500.

Statistic 4

The average rent price in Pittsburgh for the year 2023 is $1,250.

Statistic 5

Downtown Pittsburgh has an average rent of $1,900 for a one-bedroom apartment.

Statistic 6

National average rent growth is outpacing Pittsburgh's, which has only risen by 2.7% over the past year.

Statistic 7

Lawrenceville, a popular neighborhood in Pittsburgh, has an average rent of $1,750 for a one-bedroom apartment.

Statistic 8

The average rent for a single-family home in Pittsburgh is $2,100.

Statistic 9

Pittsburgh's Squirrel Hill neighborhood has an average rent of $1,700.

Statistic 10

Pittsburgh's Greenfield neighborhood has an average rent of $1,425.

Statistic 11

Over the past five years, rent in Pittsburgh has increased by an average of 3% annually.

Statistic 12

Pittsburgh's rental vacancy rate stands at 7.3%.

Statistic 13

Pittsburgh, PA ranks 35th among U.S. cities for highest average rent.

Statistic 14

The average monthly rent for a one-bedroom apartment in Pittsburgh is $1,200.

Statistic 15

The median rent in Pittsburgh is approximately $1,300 per month.

Statistic 16

The average rent of a three-bedroom apartment in Pittsburgh is $1,850.

Statistic 17

The average rent for a two-bedroom apartment in Pittsburgh is $1,450.

Statistic 18

Pittsburgh's Shadyside neighborhood has an average rent of $1,800.

Statistic 19

The average rent for a studio apartment in Pittsburgh is $1,050.

Statistic 20

Pittsburgh's average rent increased by 4% compared to the previous year.

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In this post, we will explore the average rent landscape in Pittsburgh, Pennsylvania, showcasing various neighborhoods and rental trends. From the bustling Southside Flats to the academic enclave of Oakland, we will delve into statistics that shed light on the city’s rental market dynamics. Whether you’re a prospective tenant or simply curious about rental prices in Pittsburgh, this analysis will provide valuable insights into the current state of the city’s housing market.

Statistic 1

"The average rent in the Southside Flats area of Pittsburgh is $1,600."

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Statistic 2

"The rent prices in Pittsburgh have been rising at an annual rate of 3.2%."

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Statistic 3

"The Oakland neighborhood, home to multiple universities, has an average rent of $1,500."

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Statistic 4

"The average rent price in Pittsburgh for the year 2023 is $1,250."

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Statistic 5

"Downtown Pittsburgh has an average rent of $1,900 for a one-bedroom apartment."

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Statistic 6

"National average rent growth is outpacing Pittsburgh's, which has only risen by 2.7% over the past year."

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Statistic 7

"Lawrenceville, a popular neighborhood in Pittsburgh, has an average rent of $1,750 for a one-bedroom apartment."

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Statistic 8

"The average rent for a single-family home in Pittsburgh is $2,100."

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Statistic 9

"Pittsburgh's Squirrel Hill neighborhood has an average rent of $1,700."

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Statistic 10

"Pittsburgh's Greenfield neighborhood has an average rent of $1,425."

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Statistic 11

"Over the past five years, rent in Pittsburgh has increased by an average of 3% annually."

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Statistic 12

"Pittsburgh's rental vacancy rate stands at 7.3%."

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Statistic 13

"Pittsburgh, PA ranks 35th among U.S. cities for highest average rent."

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Statistic 14

"The average monthly rent for a one-bedroom apartment in Pittsburgh is $1,200."

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Statistic 15

"The median rent in Pittsburgh is approximately $1,300 per month."

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Statistic 16

"The average rent of a three-bedroom apartment in Pittsburgh is $1,850."

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Statistic 17

"The average rent for a two-bedroom apartment in Pittsburgh is $1,450."

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Statistic 18

"Pittsburgh's Shadyside neighborhood has an average rent of $1,800."

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Statistic 19

"The average rent for a studio apartment in Pittsburgh is $1,050."

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Statistic 20

"Pittsburgh's average rent increased by 4% compared to the previous year."

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Interpretation

In conclusion, the average rent in Pittsburgh varies across its neighborhoods, with some areas experiencing higher rates than others. While rent prices have been rising annually, the rate of increase in Pittsburgh is lower than the national average. Despite this, Pittsburgh's rental market is competitive, ranking 35th among U.S. cities for highest average rent. The median rent in Pittsburgh falls around $1,300 per month, with one-bedroom apartments averaging $1,200. Overall, Pittsburgh's average rent trend has been on the rise, increasing by 4% compared to the previous year.

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