Pittsburgh, PA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Pittsburgh, PA. Based on 10+ datapoints.
Pittsburgh, PA Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-11.6%
Median Cashflow
-$886/mo
Avg Rent Estimate
$2,511/mo
Avg Price
$341,207
Price Range
$113,800 - $611,200
Rent to Price
0.74%
low ratio
Positive Cashflow
14%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Pittsburgh, PA
Pittsburgh, PA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3.8%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 10+ analyzed properties, Pittsburgh, PA STR investments show a median monthly cashflow of -$886 with an average estimated nightly-rate-adjusted revenue of $2,511/month. These figures reflect real property data, not projections.
1282 Old Meadow Rd, Pittsburgh, PA 15241
Price
$441,900
Rent
$3,662
CachFlow
-$1,493
CoC
-16.17
Pittsburgh, PA Airbnb Market Insights
- •Median cashflow is -$886/month — careful deal selection is essential here
- •3.8% 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 $113,800 to $611,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs