Real Estate Investing in Irwin, Pennsylvania (15642)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15642 (Irwin, 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 Irwin, PA (15642)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 15642 Irwin
Looking more closely, ZIP 15642 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $266K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 15642 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 15642 and stronger Irwin ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 15642 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 15642 is an operator game, not a passive one. In practical terms, entry prices of $266K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Irwin:
Property Strategy for 15642
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $177,220 | $1,220 | 5.0% | +7.6% | $88,610 |
| 3BR | $258,015 | $1,560 | 4.4% | +7.0% | $86,005 |
| 4BR | $421,603 | $1,680 | 2.9% | +5.7% | $105,401 |
| 5BR | $510,351 | — | — | +5.4% | $102,070 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 15642 Compare?
| Metric | 15642 | Irwin | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $265,969 | $265,969 | N/A | $278,018 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 6.3% |
| Avg Rent | $1,468 | $1,468 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 15642 (Irwin, PA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 15642 (Irwin, PA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $265,969 |
| Monthly Rent | $1,468 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | +19.4% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). 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 15642
Population: 46,727
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 15642
Schools in This ZIP Code
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 860 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Irwin, PA?
Rental rates in Irwin, PA average $1,468/mo. Tenant demand and $266K home values make the yield look reasonable by investor standards.
How do experienced investors play Irwin, PA?
A careful cash-flow rentals with hands-on management strategy Irwin, PA best. The market produces measured results for that approach at the $266K price point.
Is real estate in Irwin, PA a good investment right now?
With a 3.0/5 investability score, Irwin, PA ranks as a solid market for rental property investors. Median prices of $266K and rents of $1,468/mo drive the underlying numbers.
Is Irwin, PA a friendly market for rental owners?
PA law landlord-friendly for landlords, and Irwin inherits those rules. Investors should still review local ordinances for rental licensing.
How strong is the working-renter base in Irwin, PA?
The tenant pool in Irwin, PA is solid, supported by local employment and population fundamentals. Rents of $1,468/mo are well-absorbed by the market.
You know 15642 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 15642 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 15642 ranks in Pittsburgh, PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 15642 (Irwin)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 15642 (Irwin, PA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.