Property Prices in Pittsburgh, PA, United States

Index Info
Price to Income Ratio: 2.69
Mortgage as Percentage of Income: 19.33%
Loan Affordability Index: 5.17
Price to Rent Ratio - City Centre: 11.26
Price to Rent Ratio - Outside of Centre: 4.28
Gross Rental Yield (City Centre): 8.88%
Gross Rental Yield (Outside of Centre): 23.39%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,290.29 $ 1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre 948.84 $ 750.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,097.25 $ 1,800.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,490.53 $ 1,200.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 281.75 $ 182.54-355.54
Price per Square Feet to Buy Apartment Outside of Centre 77.53 $ 64.27-100.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,600.48 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.88 3.35-4.50

These data are based on 192 entries in the past 18 months from 41 different contributors.
Last update: January 2021

Sources and References
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