Real Estate Investing in Pittsburgh, Pennsylvania (15222)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15222 (Pittsburgh, PA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 23.0% of homes vacant — above national norms.
- Declining values: -1.7% 5-year CAGR — values have moved lower.
What’s happening in Pittsburgh, PA (15222)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 15222 Pittsburgh
On balance, ZIP 15222 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $464K median. It rewards specialists, not generalists.
The 15222 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 15222 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 15222 includes headwinds that any investor should price in. Income distribution skews lower than Pittsburgh averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 15222 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Pittsburgh:
Property Strategy for 15222
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $300,219 | $1,620 | 3.9% | +1.7% | $300,219 |
| 2BR | $559,210 | $1,950 | 2.5% | -0.8% | $279,605 |
| 3BR | $836,800 | $2,490 | 2.1% | +4.1% | $278,933 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 15222 Compare?
| Metric | 15222 | Pittsburgh | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $463,985 | $139,617 | N/A | $278,018 |
| 5-Year CAGR | N/A | 2.0% | N/A | 6.3% |
| Avg Rent | $2,083 | $1,523 | N/A | - |
| Cap Rate | 3.5% | 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 15222 (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 | $463,985 |
| Monthly Rent | $2,083 |
| Price-to-Rent | 18.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 1.8% |
📈 Home Appreciation
| 1-Year | -2.8% ▼ |
| 3-Year CAGR | -2.6% ▼ |
| 5-Year CAGR | -1.7% ▼ |
| 10-Year CAGR | +1.0% ▲ |
🏠 Rent Trends
| 1-Year | -6.8% ▼ |
| 3-Year CAGR | +0.2% ▲ |
| 5-Year CAGR | +0.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 15222
Population: 5,649
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 15222
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Pittsburgh Allegheny K-5
Pittsburgh Arsenal K-5
Pittsburgh Milliones 6-12
Pittsburgh Phillips K-5
Pittsburgh Sunnyside K-8
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 4,504 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much rent can I charge in Pittsburgh, PA?
Investors in Pittsburgh, PA typically see rents near $2,083/mo per month against $464K home values - a solid setup for rental cash flow.
How strong is tenant demand in Pittsburgh, PA?
Tenant demand in Pittsburgh, PA is solid. The local workforce $2,083/mo rents across most rental classes.
How does Pittsburgh, PA stack up for property investment?
Pittsburgh, PA rates 2.0/5 for investability. With median values at $464K and rents near $2,083/mo, the market offers reasonable fundamentals for rental investors.
Should investors worry about vacancy in Pittsburgh, PA?
Expect elevated vacancy in Pittsburgh, PA. Rents at $2,083/mo are absorbed by the tenant base without meaningful lag.
How much does a house cost in Pittsburgh, PA?
Pittsburgh, PA home values average about $464K. That price point suits investors targeting rentals with $2,083/mo in monthly income.
You know 15222 now. You don’t know where it ranks.
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How 15222 ranks in Pittsburgh, PA
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