Real Estate Investing in Pittsburgh, Pennsylvania (15219)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15219 (Pittsburgh, PA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 19.7% of homes vacant — above national norms.
- Declining values: -0.9% 5-year CAGR — values have moved lower.
- Elevated poverty: 25.7% poverty rate — can affect rent collection.
- Higher unemployment: 7.1% unemployment — tenant risk signal.
What’s happening in Pittsburgh, PA (15219)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 15219 Pittsburgh
ZIP 15219 inside Pittsburgh, PA plays the steady-hand role. Median home values records $153K, rents near $1,725/mo, and the trend line is consistent rather than flashy.
ZIP 15219 is not a chart-topper on any single metric, but the combination of 0.0% yield and 0.0% appreciation is reliable. That predictability is the investment case.
Statewide context places 15219 firmly in the middle ring — neither an appreciation leader nor a yield standout, but consistent across cycles.
Who lives in 15219 has not changed much in five years, and that is precisely why the numbers look the same. Demographic stability feeds market stability.
First-time investors often find 15219 a reasonable starting point. Experienced investors often find it a reasonable anchor for a broader portfolio. a viable market for on both counts.
Here's what matters if you're considering buying a home in Pittsburgh:
Property Strategy for 15219
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $172,903 | $1,140 | 4.7% | +4.6% | $172,903 |
| 2BR | $104,801 | $1,380 | 9.5% | -1.9% | $52,401 |
| 3BR | $160,903 | $1,760 | 7.9% | +2.3% | $53,634 |
| 4BR | $154,570 | $1,900 | 8.9% | +1.1% | $38,643 |
| 5BR | $182,695 | — | — | +4.6% | $36,539 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 15219 Compare?
| Metric | 15219 | Pittsburgh | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $153,362 | $139,617 | N/A | $278,018 |
| 5-Year CAGR | N/A | 2.0% | N/A | 6.3% |
| Avg Rent | $1,725 | $1,523 | N/A | - |
| Cap Rate | 8.8% | 5.0% | - | - |
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 15219 (Pittsburgh, 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 | $153,362 |
| Monthly Rent | $1,725 |
| Price-to-Rent | 7.4:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 13.5% |
| Cap Rate | 8.8% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | -0.9% ▼ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | -4.4% ▼ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +2.4% ▲ |
The estimated cap rate (8.8%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 15219
Population: 11,010
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 15219
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Pittsburgh Allegheny K-5
Pittsburgh Arlington K-8
Pittsburgh Arsenal K-5
Pittsburgh Carrick HS
City CHS
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 5,298 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do rentals go for in Pittsburgh, PA?
Rental rates in Pittsburgh, PA average $1,725/mo. Tenant demand and $153K home values make the yield look reasonable by investor standards.
Is Pittsburgh, PA a good market for FHA house hackers?
Pittsburgh, PA is a an attractive market for house hackers. FHA or conventional owner-occupant buyers find the $153K price point reasonable to enter.
How strong is Pittsburgh, PA for real estate investors?
Pittsburgh, PA rates 4.0/5 for investability. With median values at $153K and rents near $1,725/mo, the market offers reasonable fundamentals for rental investors.
How landlord-friendly is Pittsburgh, PA?
Landlord-friendliness in Pittsburgh, PA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the average home sale price in Pittsburgh, PA?
Expect median prices around $153K in Pittsburgh, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
You know 15219 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 15219 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 15219 ranks in Pittsburgh, PA
Every ZIP in this metro, ranked. Free.
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