Real Estate Investing in North Versailles, Pennsylvania (15137)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15137 (North Versailles, PA)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.9% vacancy may signal weakening demand.
What’s happening in North Versailles, PA (15137)?
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Market Analysis: 15137 North Versailles
The 15137 ZIP covers a section of North Versailles that demands careful diligence. Prices near $139K look accessible, but the work to make a deal cash flow is real.
The investment case in 15137 is solid only for operators who understand what they are buying. A $139K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 15137 sits on the difficult end of the PA spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
A sturdy renter share of 36% in 15137 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at North Versailles's stable or hybrid ZIPs before stepping into 15137. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in North Versailles:
Property Strategy for 15137
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $107,518 | $1,110 | 7.4% | +8.7% | $53,759 |
| 3BR | $147,329 | $1,420 | 6.9% | +7.2% | $49,110 |
| 4BR | $165,117 | $1,530 | 6.7% | +7.8% | $41,279 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 15137 Compare?
| Metric | 15137 | North Versailles | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $138,748 | $138,748 | N/A | $278,018 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 6.3% |
| Avg Rent | $1,349 | $1,349 | N/A | - |
| Cap Rate | 7.6% | 7.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15137 (North Versailles, 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 | $138,748 |
| Monthly Rent | $1,349 |
| Price-to-Rent | 8.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.7% |
| Cap Rate | 7.6% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.6%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 15137
Population: 10,075
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 15137
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Duquesne El Sch
Francis McClure El Sch
Turtle Creek EL STEAM Academy
Propel CS-East
Westinghouse Arts Academy CS
About Repit School Scores
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We evaluate schools based on factors that research shows actually impact educational outcomes:
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- 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
Frequently Asked Questions
What is the average home sale price in North Versailles, PA?
North Versailles, PA home values average about $139K. That price point suits investors targeting rentals with $1,349/mo in monthly income.
What kind of tenants rent in North Versailles, PA?
Tenant demand in North Versailles, PA is solid. The local workforce $1,349/mo rents across most rental classes.
How viable is house hacking in North Versailles, PA?
North Versailles, PA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $139K price point reasonable to enter.
How strong are rents in North Versailles, PA?
Expect rents around $1,349/mo per month in North Versailles, PA. With home values at $139K, the yield math works out to reasonable levels for rental investors.
Does North Versailles, PA favor landlords or tenants?
For rental operators, North Versailles, PA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 15137 now. You don’t know where it ranks.
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How 15137 ranks in Pittsburgh, PA
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