Pittsburgh has emerged as a major outlier in the rental market, with rents increasing nearly 50% since 2019, driven largely by demand from renters seeking affordable housing after the pandemic. Despite a national trend of declining rents, Pittsburgh's median rent has jumped 47.9%, highlighting a growing affordability crisis. This surge also reflects a significant decrease in home listings, with a 39.3% drop in active listings since 2019, underscoring the competitive housing market. While cities like Tampa and Indianapolis see growth, none match Pittsburgh's steep trajectory in rental costs.
The rent surge in Pittsburgh can be traced back to the pandemic, when Pittsburgh's relatively affordable housing began attracting renters in search of lower costs and more space.
In Pittsburgh especially, homes for sale are hard to find, with the number of active listings down 39.3% in March 2025 compared to March 2019.
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