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 150+ datapoints.
Pittsburgh, PA Long-Term Rental Investment Snapshot
Based on 150+ long-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-10.8%
Median Cashflow
-$463/mo
Avg Rent Estimate
$2,091/mo
Avg Price
$299,243
Price Range
$89,000 - $626,500
Rent to Price
0.7%
low ratio
Positive Cashflow
14%
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 150+ analyzed properties, the median monthly cashflow in Pittsburgh, PA is -$463 with average rents of $2,091/month. Properties range from $89,000 to $626,500, offering entry points across multiple investment budgets.
Pittsburgh, PA Rental Market Insights
- •Median cashflow is -$463/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 14% positive cashflow rate, Pittsburgh, PA requires selective property picks
- •Mid-to-upper tier market with properties from $89,000 to $626,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs