What's a good cap rate in Pittsburgh?

In Pittsburgh, cap rates typically run around 8.0% (Pittsburgh metro median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Pittsburgh deal lands versus this benchmark.

What's the average rent for a rental in Pittsburgh?

A typical rental in Pittsburgh runs about $1,299–$1,661/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Pennsylvania?

Pennsylvania's effective property tax rate is about 1.49% of value per year — the figure TrueCap applies by default for Pittsburgh deals. You can override it with the exact local rate.

Pittsburgh, PA

Pittsburgh rental property analysis

Pittsburgh offers some of the lowest entry prices of any major metro, anchored by a recession-resistant 'eds and meds' economy that keeps rental demand steady.

Pittsburgh market snapshot

Cash-flow market

Higher typical cap rates — built for monthly cash flow more than price growth.

Typical cap rate

8.0%

Pittsburgh metro median

Typical rent

$1,299–$1,661/mo

HUD FMR · 2–3BR · 2026

Typical price

$120,000–$220,000

est., all-in

Property tax

1.49%

Pennsylvania effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Pittsburgh a good place to buy rentals?

Universities and hospitals (UPMC, CMU, Pitt) stabilize tenant demand, and cheap rowhouse stock supports strong cash-on-cash. Watch older-home capex — budget reserves honestly.

See the full Pennsylvaniainvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Pittsburgh

Brookline

Affordable, stable, owner-occupant-heavy — quality long-term tenants.

Lawrenceville

Gentrified, appreciation-led, lower yields.

Beechview

Lower entry with upside as transit-adjacent demand grows.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Pittsburgh deal in 60 seconds

Paste a Pittsburgh address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Pennsylvania tax and HUD rent so you start from the right assumptions.

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