Real Estate Investing in Crescent, Pennsylvania (15046)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15046 (Crescent, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.5% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Crescent, PA (15046)?
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Market Analysis: 15046 Crescent
The 15046 ZIP covers a section of Crescent that demands careful diligence. Prices near $229K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 15046 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Meanwhile, 15046 offers a low basis, the region around Crescent has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 15046 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. resilient returns are possible in 15046, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Crescent:
Property Strategy for 15046
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $158,184 | $1,270 | 5.8% | +6.2% | $79,092 |
| 3BR | $221,196 | $1,620 | 5.3% | +5.6% | $73,732 |
| 4BR | $355,868 | $1,750 | 3.5% | +6.1% | $88,967 |
Market Trends
Home Value History (with trend line)
📊 How Does 15046 Compare?
| Metric | 15046 | Crescent | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $229,249 | $229,249 | N/A | $278,018 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 6.3% |
| Avg Rent | $1,143 | $1,143 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15046 (Crescent, PA). Anonymous, moderated, never written by AI.
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Property managers serving Allegheny County
Manage rentals here? List your business →Real Property Management Keystone offers property management services in Pittsburgh, PA and surrounding areas. summary from their website
Real Property Management Pittsburgh is a property management company in Pittsburgh, PA. summary from their website
Real Property Management Three Rivers is a property management company in Pittsburgh, PA. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $229,249 |
| Monthly Rent | $1,143 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 15046
Population: 2,310
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 15046
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Quaker Valley HS
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 506 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What strategy should investors use in Crescent, PA?
Investors usually favor careful cash-flow rentals with hands-on management in Crescent, PA. With home values at $229K and rents near $1,143/mo, other strategies can work but produce steady rather than outsized returns.
How tight is the rental market in Crescent, PA?
Crescent, PA carries elevated vacancy risk. Expect predictable absorption at market rents of $1,143/mo.
Are homes affordable in Crescent, PA?
Crescent, PA median home values land near $229K. That is reasonable territory for investors looking at $1,143/mo-per-month rentals.
Are landlord laws favorable in Crescent, PA?
Crescent, PA operates under PA law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
Is the tenant base reliable in Crescent, PA?
The renter base in Crescent, PA is reasonable for the $1,143/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
You know 15046 now. You don’t know where it ranks.
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How 15046 ranks in Pittsburgh, PA
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