Pittsburgh, PA real estate investing data
Updated 2026-11-09 · Official Census, HUD, NAIC and FHFA figures
Summary
In Allegheny County, the county around Pittsburgh, the median home value is $216,700, median rent is $1,111 a month and the effective property tax rate is 1.57%. A $250,000 purchase at that rate means about $3,925 a year in property tax. Homeowners insurance averages $1,217 a year across Pennsylvania.
- Median home value
- $216,700
- Median rent / month
- $1,111
- Property tax rate
- 1.57%
- Gross rent yield
- 6.15%
How does Pittsburgh compare with the rest of Pennsylvania?
Home values in Allegheny County are 12% above the median Pennsylvania county ($193,100). Rent is 28% above the state median ($868). The median county's property tax rate is 1.29%, against 1.57% here. Gross yield is a year of median rent divided by median home value. It leaves out all costs, so use it only to compare areas.
Pittsburgh fair market rent by size
| Studio | $1,075 |
|---|---|
| 1 bedroom | $1,146 |
| 2 bedrooms | $1,389 |
| 3 bedrooms | $1,773 |
| 4 bedrooms | $1,925 |
Pittsburgh home price growth
| Latest year | 3.2% |
|---|---|
| 5 years, per year | 7.0% |
| 10 years, per year | 5.8% |
Is there a transfer tax in Pittsburgh?
1% of value; grantor and grantee are jointly and severally liable. An additional local realty transfer tax is collected with it; rates vary by municipality. PA DOR
Common questions
What is the property tax rate in Pittsburgh?
The effective rate in Allegheny County is 1.57%, based on median taxes paid and median home value in the Census ACS (2019-2023). Your bill may differ, especially if a purchase triggers a reassessment.
What is fair market rent in Pittsburgh?
HUD's 2027 Fair Market Rent for Allegheny County is $1,389 for two bedrooms and $1,773 for three. HUD sets these near the 40th percentile and includes utilities, so check them against nearby listings.
How much have home prices risen in Pittsburgh?
FHFA's index shows Allegheny County prices rising 7.0% a year over the five years to 2025 and 5.8% a year over ten. Those years were unusually strong, so a lower figure is safer in a forecast.
Where these numbers come from
All figures are for Allegheny County as a whole, which can differ from the city and from any one neighborhood. Values, rents and taxes are from the Census ACS 2019-2023. Fair Market Rents are HUD 2027. Insurance is the NAIC 2023 Pennsylvania average. Price growth is FHFA's developmental county index through 2025. Estimates only, not financial advice.