Real Estate Investing in Latrobe, Pennsylvania (15650)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15650 (Latrobe, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
No major risk flags on the data we track.
What’s happening in Latrobe, PA (15650)?
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Market Analysis: 15650 Latrobe
Turning to rents, ZIP 15650 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $216K median. It rewards specialists, not generalists.
Turning to rents, the numbers look inviting — $216K purchase price, 0.0% nominal cap — the work to hit that pro forma in 15650 is substantial and deserves full respect.
Put differently, 15650 offers a low basis, the region around Latrobe has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 15650 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 15650 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 Latrobe:
Property Strategy for 15650
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $170,113 | $1,120 | 4.7% | +5.1% | $85,057 |
| 3BR | $231,037 | $1,430 | 4.5% | +6.0% | $77,012 |
| 4BR | $329,095 | $1,540 | 3.4% | +5.1% | $82,274 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 15650 Compare?
| Metric | 15650 | Latrobe | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $216,108 | $216,108 | N/A | $278,018 |
| 5-Year CAGR | 1.9% | 1.9% | N/A | 6.3% |
| Avg Rent | $1,012 | $1,012 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15650 (Latrobe, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $216,108 |
| Monthly Rent | $1,012 |
| Price-to-Rent | 17.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.7% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +1.9% ▲ |
| 10-Year CAGR | +3.5% ▲ |
🏠 Rent Trends
| 1-Year | -3.0% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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 15650
Population: 27,367
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 15650
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 817 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Latrobe, PA?
Typical homes in Latrobe, PA go for around $216K. The 5-year CAGR of 0.0% consistent price movement.
Are renters plentiful in Latrobe, PA?
The renter base in Latrobe, PA is reasonable for the $1,012/mo price point. Screening well and pricing to market typically yields stable tenants.
Is Latrobe, PA landlord-friendly?
Latrobe, PA operates under PA law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
How much rent can I charge in Latrobe, PA?
The typical rental in Latrobe, PA commands about $1,012/mo monthly. That rent profile measured cash flow against the $216K purchase basis.
Are there empty rentals in Latrobe, PA?
Rental vacancy in Latrobe, PA is elevated. Investors should budget normal turnover but not chronic empty units.
You know 15650 now. You don’t know where it ranks.
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How 15650 ranks in Pittsburgh, PA
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