Real Estate Investing in Pittsburgh, Pennsylvania (15235)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15235 (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.
No major risk flags on the data we track.
What’s happening in Pittsburgh, PA (15235)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 15235 Pittsburgh
Not every below-median market is a bargain. Pittsburgh's 15235 ZIP sits at signals that favor experienced operators who can absorb the risk $175K pricing implies.
The 15235 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 15235 and stronger Pittsburgh ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 15235 includes headwinds that any investor should price in. Income distribution skews lower than Pittsburgh averages, and tenant stability requires active management.
The 15235 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Pittsburgh:
Property Strategy for 15235
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $129,622 | $1,330 | 7.4% | +8.6% | $64,811 |
| 3BR | $167,864 | $1,700 | 7.3% | +6.7% | $55,955 |
| 4BR | $231,294 | $1,830 | 5.7% | +7.0% | $57,824 |
| 5BR | $273,789 | — | — | +6.6% | $54,758 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 15235 Compare?
| Metric | 15235 | Pittsburgh | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $174,866 | $139,617 | N/A | $278,018 |
| 5-Year CAGR | 3.5% | 2.0% | N/A | 6.3% |
| Avg Rent | $1,474 | $1,523 | N/A | - |
| Cap Rate | 6.6% | 5.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15235 (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 | $174,866 |
| Monthly Rent | $1,474 |
| Price-to-Rent | 9.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.1% |
| Cap Rate | 6.6% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +5.1% ▲ |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.6%). 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 15235
Population: 33,811
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 15235
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Turner Intermediate Sch
Verner El Sch
Kelly Primary Sch
Propel CS-Braddock Hills
Woodland Hills HS
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
Frequently Asked Questions
What is the typical renter like in Pittsburgh, PA?
Expect a solid tenant pool in Pittsburgh, PA. The rental market absorbs $1,474/mo rents without meaningful friction.
What is the investability score for Pittsburgh, PA?
Pittsburgh, PA rates 3.0/5 for investability. With median values at $175K and rents near $1,474/mo, the market offers reasonable fundamentals for rental investors.
What are home prices like in Pittsburgh, PA?
Typical homes in Pittsburgh, PA go for around $175K. The 5-year CAGR of 0.0% stable price movement.
What is the best play in Pittsburgh, PA?
A careful cash-flow rentals with hands-on management strategy Pittsburgh, PA best. The market produces reliable results for that approach at the $175K price point.
How tight is the rental market in Pittsburgh, PA?
Occupancy in Pittsburgh, PA runs predictable with elevated vacancy. Well-priced units at $1,474/mo lease on reasonable timelines.
You know 15235 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 15235 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 15235 ranks in Pittsburgh, PA
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