Real Estate Investing in Pittsburgh, Pennsylvania (15226)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15226 (Pittsburgh, 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: 9.5% vacancy may signal weakening demand.
What’s happening in Pittsburgh, PA (15226)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 15226 Pittsburgh
ZIP 15226 in Pittsburgh, PA carries a resilient set of headwinds. Home values near $202K and rents of $1,429/mo sit inside a market where underwriting has to be tight.
Rent of $1,429/mo on a $202K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 15226 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 15226 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Turning to rents, 13,943 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. robust returns are possible in 15226, 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 Pittsburgh:
Property Strategy for 15226
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $171,911 | $1,440 | 6.0% | +5.1% | $85,955 |
| 3BR | $200,680 | $1,840 | 6.6% | +5.1% | $66,893 |
| 4BR | $246,249 | $1,980 | 5.8% | +5.8% | $61,562 |
| 5BR | $266,635 | — | — | +4.5% | $53,327 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 15226 Compare?
| Metric | 15226 | Pittsburgh | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $202,258 | $139,617 | N/A | $278,018 |
| 5-Year CAGR | 2.6% | 2.0% | N/A | 6.3% |
| Avg Rent | $1,429 | $1,523 | N/A | - |
| Cap Rate | 5.5% | 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 15226 (Pittsburgh, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $202,258 |
| Monthly Rent | $1,429 |
| Price-to-Rent | 11.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.5% |
| Cap Rate | 5.5% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | -4.0% ▼ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.5%). 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 15226
Population: 13,943
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 15226
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Brentwood SHS
Keystone Oaks MS
Myrtle Ave Sch
Pittsburgh Arlington K-8
Pittsburgh Beechwood K-5
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
What kind of vacancy should I budget for in Pittsburgh, PA?
Vacancy risk in Pittsburgh, PA is elevated. That supports reliable cash flow for typical rental holds.
What are home prices like in Pittsburgh, PA?
Typical homes in Pittsburgh, PA go for around $202K. The 5-year CAGR of 0.0% predictable price movement.
Does Pittsburgh, PA make sense for an investment property?
Our data puts Pittsburgh, PA at 3.0/5 for investability. Home prices of $202K and rents around $1,429/mo create a solid backdrop for investor activity.
How viable is house hacking in Pittsburgh, PA?
House hacking works a challenging in Pittsburgh, PA. Rents of $1,429/mo against $202K acquisition make the strategy solid for owner-occupants.
How strong are rents in Pittsburgh, PA?
Rents in Pittsburgh, PA run near $1,429/mo. Compared with median home prices of $202K that produces solid gross yields for typical rentals.
You know 15226 now. You don’t know where it ranks.
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How 15226 ranks in Pittsburgh, PA
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