REI Lense

REI Lense

Pittsburgh, PA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Pittsburgh, PA. Based on 100+ datapoints.

Pittsburgh, PA Long-Term Rental Investment Snapshot

Based on 100+ long-term rental datapoints

Median Cap Rate

4.5%

Avg Cash on Cash

-7.7%

Median Cashflow

-$377/mo

Avg Rent Estimate

$1,910/mo

Avg Price

$283,103

Price Range

$79,900 - $569,000

Rent to Price

0.67%

low ratio

Positive Cashflow

22%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Pittsburgh, PA

Pittsburgh, PA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.5%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 100+ analyzed properties, the median monthly cashflow in Pittsburgh, PA is -$377 with average rents of $1,910/month. Properties range from $79,900 to $569,000, offering entry points across multiple investment budgets.

2516 Creekedge Dr, Pittsburgh, PA 15235

Price

$329,300

Rent

$1,632

CachFlow

-$1,115

CoC

-19.35

Full Analysis

627 Greenlee Rd, Pittsburgh, PA 15227

Price

$321,300

Rent

$1,896

CachFlow

-$799

CoC

-14.21

Full Analysis

314 Cavan Dr, Pittsburgh, PA 15236

Price

$386,400

Rent

$2,166

CachFlow

-$1,064

CoC

-15.73

Full Analysis

116 Bellevue Rd, Pittsburgh, PA 15229

Price

$175,000

Rent

$1,898

CachFlow

$196

CoC

6.4

Full Analysis

100 S 18th St, Pittsburgh, PA 15203

Price

$222,600

Rent

$2,042

CachFlow

-$12

CoC

-0.31

Full Analysis
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Pittsburgh, PA Rental Market Insights

  • Median cashflow is -$377/month — careful deal selection is essential here
  • 4.5% median cap rate is typical of appreciation-focused markets
  • At 22% positive cashflow rate, Pittsburgh, PA requires selective property picks
  • Mid-to-upper tier market with properties from $79,900 to $569,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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