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 30+ datapoints.
Pittsburgh, PA Short-Term Rental / Airbnb Investment Snapshot
Based on 30+ short-term rental / airbnb datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-7.8%
Median Cashflow
-$519/mo
Avg Rent Estimate
$2,971/mo
Avg Price
$348,480
Price Range
$79,900 - $715,000
Rent to Price
0.85%
okay ratio
Positive Cashflow
17%
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 30+ analyzed properties, Pittsburgh, PA STR investments show a median monthly cashflow of -$519 with an average estimated nightly-rate-adjusted revenue of $2,971/month. These figures reflect real property data, not projections.
Pittsburgh, PA Airbnb Market Insights
- •Median cashflow is -$519/month — careful deal selection is essential here
- •3.8% median cap rate is typical of appreciation-focused markets
- •At 17% positive cashflow rate, Pittsburgh, PA requires selective property picks
- •Mid-to-upper tier market with properties from $79,900 to $715,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs