Real Estate Investing in Verona, Pennsylvania (15147)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15147 (Verona, 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: 8.7% vacancy may signal weakening demand.
What’s happening in Verona, PA (15147)?
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Market Analysis: 15147 Verona
The 15147 ZIP covers a section of Verona that demands careful diligence. Prices near $172K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 15147 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
On the rental side, 15147 offers a low basis, the region around Verona has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 15147 ZIP's population of 16,605 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Strategically, 15147 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Verona:
Property Strategy for 15147
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $131,000 | $1,230 | 6.8% | +9.7% | $65,500 |
| 3BR | $170,812 | $1,570 | 6.6% | +7.4% | $56,937 |
| 4BR | $208,939 | $1,690 | 5.8% | +7.4% | $52,235 |
| 5BR | $230,182 | — | — | +5.8% | $46,036 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 15147 Compare?
| Metric | 15147 | Verona | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $171,850 | $171,850 | N/A | $278,018 |
| 5-Year CAGR | 3.8% | 3.8% | N/A | 6.3% |
| Avg Rent | $1,284 | $1,284 | N/A | - |
| Cap Rate | 5.8% | 5.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15147 (Verona, 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 | $171,850 |
| Monthly Rent | $1,284 |
| Price-to-Rent | 11.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.0% |
| Cap Rate | 5.8% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | -13.3% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.8%). 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 15147
Population: 16,605
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 15147
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Riverview JSHS
Wilkins El STEAM Academy
Penn Hills CS of Entrepreneurship
Linton MS
Tenth Street El Sch
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🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is Verona, PA a smart market for rental property?
Investors tracking Verona, PA will find a 3.0/5 rating supported by $172K median home values and $1,284/mo rents. That profile suits long-term holders targeting consistent returns.
What investment strategy works best in Verona, PA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Verona, PA. The numbers - $172K homes against $1,284/mo rents - support that play.
Are tenants stable in Verona, PA?
Tenant demand in Verona, PA is solid. The local workforce $1,284/mo rents across most rental classes.
What is the typical home price in Verona, PA?
Verona, PA median home values land near $172K. That is reasonable territory for investors looking at $1,284/mo-per-month rentals.
What is the rental occupancy rate in Verona, PA?
Verona, PA carries elevated vacancy risk. Expect stable absorption at market rents of $1,284/mo.
You know 15147 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 15147 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 15147 ranks in Pittsburgh, PA
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