An overhead photo of a neighborhood outside of Downtown Pittsburgh with the city outline in the background.

Vibrant and Affordable: The Pittsburgh Housing Market

If you dream of owning a home, Pittsburgh is the perfect place to be. The Pittsburgh housing market has emerged as a compelling choice for individuals and families seeking a vibrant region with affordable housing options. Situated in the heart of Pennsylvania, the Pittsburgh region has a balanced blend of economic opportunities, cultural richness and a reasonable cost of living.

Pittsburgh housing prices are highly accessible compared to other metros in the U.S., such as Washington D.C., Kansas City and Los Angeles, and throughout the Midwest and beyond. Even in the most desirable neighborhoods, housing prices are significantly lower than the national median list price of $375,0000. The median home price in Pittsburgh is $208,000, according to the NAHB/Wells Fargo Housing Opportunity Index

The second largest city in the state (behind Philadelphia), Pittsburgh is one of the most affordable places to live in PA and all of America. Its affordability, coupled with opportunities for talent and a diverse, innovation-driven economy, makes the region a desirable place to live. 

While the Pennsylvania housing market at large has various advantages, the city of Pittsburgh has 90 distinct neighborhoods, like downtown Pittsburgh, Squirrel Hill, Mount Washington, Lawrenceville and South Side. Each one has its unique charm and character. Not a city dweller? The region won’t disappoint. With suburban and rural communities all within an easy drive from the downtown core, homebuyers can find a place that suits their specific preferences and needs. You’ll be eager to live here! 

Pittsburgh Real Estate Market

Ready to buy a new home? Pittsburgh’s median housing price is $208,000 far below the national median sale price. Pittsburgh is also proud to offer affordable mortgage payments, ranging from single-family homes for sale to new construction. 

Still saving for that down payment to become a homeowner? The average rent of an apartment in Pittsburgh is $962, which is significantly less than other major metro areas, like New York, New York; Cincinnati, Ohio; Dallas, Texas; and San Francisco, California. Renters can live better for less cost in the city of Pittsburgh, Allegheny County and across the entire 10-county footprint. 

A glimpse of the Pittsburgh housing market, man and woman holding hands walking by historic Pittsburgh homes

#1 US City

for First-Time Home Buyers (CNBC, 2024)


Most Promising Housing Market for Homebuyers (GOBankingRates, 2023)


Median Pittsburgh Home Price (NAHB/Wells Fargo Housing Opportunity Index, 2024) 


The median monthly cost for Pittsburgh rentals (Apartment Rent List CBSA: National and Metro Level Historic Estimates, 2024) 

Looking to buy a home in one of the most affordable housing markets?

As one of the most affordable places to live in PA, Pittsburgh offers an enticing combination of affordable housing costs, favorable mortgage rates, low-interest rates and financing opportunities. Pittsburgh provides an excellent opportunity for individuals and families to establish roots and enjoy a high quality of life. 

Interested in making the move?