What is the median home value in Allegheny County, PA?

The median home value in Allegheny County, PA is $216,700, according to the latest Census ACS 5-Year Estimates.

What is the cap rate in Allegheny County, PA?

The cap rate proxy in Allegheny County, PA is 7.2% (estimated from HUD Fair Market Rent and Census home values with a 35% expense ratio). This is above average for cash-flow investors.

How much new construction is happening in Allegheny County, PA?

Allegheny County has 1.2 million residents and issued 2,650 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Pittsburgh, PA · Pennsylvania

Allegheny County

1.2M residents2,650 permits TTM$76,393 median HHI103 ZIP codesUpdated April 28, 2026

Investor first look

Median home value

$216,700

ACS 5-Year

Cap rate proxy

7.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.5%

HUD FMR ÷ ACS HHI

Net migration

+1.42%

IRS SOI

Permits (TTM)

2,650

Census BPS

Climate risk

98.1

FEMA NRI (0–100)

ZIP code breakdown103 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
15064	$216,700county est.	$1,590	8.8%	6.2%	30.1%
15104	$56,791	$1,030	21.8%	21.1%	0.5%
15148	$71,123	$1,120	18.9%	18.7%	0.8%
15210	$105,943	$1,340	15.2%	14.7%	-2.1%
15025	$153,654	$1,400	10.9%	9.8%	7.0%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$57,070	$970	20.4%	22.5%	-14.5%
$68,565	$1,040	18.2%	18.6%	-9.9%
$85,634	$1,020	14.3%	15.1%	-8.9%
$94,303	$1,040	13.2%	14.5%	-16.0%
$90,934	$1,050	13.9%	14.2%	-5.8%
$99,564	$1,200	14.5%	13.8%	3.6%
$145,755	$1,380	11.4%	13.1%	-20.9%
$105,761	$980	11.1%	12.1%	-13.4%
$139,242	$1,180	10.2%	11.9%	-20.2%
$119,771	$1,390	13.9%	11.8%	10.9%
$113,061	$970	10.3%	11.6%	-14.5%
$113,695	$970	10.2%	11.6%	-14.5%
$135,007	$1,350	12.0%	11.3%	0.4%
$130,880	$1,110	10.2%	11.2%	-13.2%
$150,166	$1,500	12.0%	11.1%	3.9%
$113,276	$1,160	12.3%	10.8%	8.4%
$161,684	$1,230	9.1%	10.7%	-23.3%
$163,907	$1,380	10.1%	10.5%	-8.3%
$142,563	$1,400	11.8%	10.4%	8.6%
$156,062	$1,130	8.7%	10.0%	-19.0%
$165,350	$1,350	9.8%	10.0%	-6.6%
$165,333	$1,330	9.7%	9.3%	0.2%
$219,441	$1,850	10.1%	9.1%	8.9%
$146,866	$1,020	8.3%	8.9%	-8.9%
$209,885	$1,590	9.1%	8.7%	1.8%
$178,450	$1,290	8.7%	8.6%	-3.1%
$198,489	$1,520	9.2%	8.6%	4.1%
$204,863	$1,270	7.4%	8.5%	-17.6%
$193,049	$1,440	9.0%	8.2%	5.2%
$257,253	$1,680	7.8%	8.1%	-7.4%
$161,206	$1,180	8.8%	8.0%	5.8%
$161,074	$1,110	8.3%	8.0%	-0.1%
$289,564	$1,770	7.3%	7.9%	-11.1%
$164,974	$980	7.1%	7.9%	-13.4%
$188,308	$1,100	7.0%	7.8%	-14.2%
$146,824	$1,100	9.0%	7.8%	9.1%
$172,837	$1,230	8.5%	7.6%	9.7%
$208,690	$1,220	7.0%	7.5%	-10.2%
$206,860	$1,330	7.7%	7.5%	-1.2%
$238,838	$1,420	7.1%	7.3%	-4.3%
$190,765	$1,280	8.1%	7.1%	8.1%
$180,072	$1,130	7.5%	7.1%	1.7%
$229,541	$1,510	7.9%	7.1%	7.8%
$273,974	$1,670	7.3%	6.9%	1.5%
$259,245	$1,630	7.5%	6.9%	6.4%
$203,801	$1,330	7.8%	6.9%	9.5%
$222,539	$1,460	7.9%	6.8%	11.8%
$193,884	$1,180	7.3%	6.7%	5.8%
$214,307	$1,380	7.7%	6.3%	15.3%
$268,034	$1,560	7.0%	6.3%	7.0%
$232,267	$1,350	7.0%	6.3%	2.7%
$226,003	$1,260	6.7%	6.3%	2.3%
$326,448	$1,340	4.9%	6.2%	-28.7%
$216,700county est.	$1,420	7.9%	6.2%	21.8%
$216,700county est.	$1,400	7.8%	6.2%	20.6%
$216,700county est.	$1,320	7.3%	6.2%	15.8%
$216,700county est.	$1,600	8.9%	6.2%	30.6%
$216,700county est.	$1,170	6.5%	6.2%	5.0%
$216,700county est.	$1,150	6.4%	6.2%	3.4%
$216,700county est.	$1,190	6.6%	6.2%	6.6%
$216,700county est.	$1,030	5.7%	6.2%	-7.9%
$216,700county est.	$1,330	7.4%	6.2%	16.5%
$216,700county est.	$1,180	6.5%	6.2%	5.8%
$216,700county est.	$1,270	7.0%	6.2%	12.5%
$216,700county est.	$1,390	7.7%	6.2%	20.1%
$216,700county est.	$1,390	7.7%	6.2%	20.1%
$216,700county est.	$1,380	7.6%	6.2%	19.5%
$216,700county est.	$1,370	7.6%	6.2%	18.9%
$216,700county est.	$1,480	8.2%	6.2%	24.9%
$216,700county est.	$1,210	6.7%	6.2%	8.2%
$216,700county est.	$1,330	7.4%	6.2%	16.5%
$216,700county est.	$1,130	6.3%	6.2%	1.7%
$216,700county est.	$1,090	6.0%	6.2%	-1.9%
$292,220	$1,450	6.0%	6.0%	-3.3%
$217,801	$1,270	7.0%	5.9%	12.5%
$295,380	$1,400	5.7%	5.9%	-5.6%
$346,893	$1,580	5.5%	5.6%	-6.0%
$331,340	$1,750	6.3%	5.5%	11.5%
$288,945	$1,300	5.4%	5.5%	-3.9%
$238,578	$1,370	6.9%	5.5%	18.9%
$243,088	$1,430	7.1%	5.3%	22.3%
$243,591	$1,380	6.8%	5.3%	19.7%
$333,185	$1,310	4.7%	5.3%	-14.2%
$460,802	$1,950	5.1%	5.1%	-0.5%
$290,210	$1,090	4.5%	4.5%	-1.9%
$293,356	$1,270	5.2%	4.4%	12.5%
$448,857	$1,620	4.3%	4.4%	-1.8%
$368,104	$1,440	4.7%	4.2%	8.8%
$543,359	$1,950	4.3%	4.1%	2.2%
$478,550	$1,950	4.9%	4.1%	14.9%
$512,247	$1,580	3.7%	4.1%	-12.2%
$466,460	$1,950	5.0%	4.0%	17.9%
$325,286	$1,610	5.9%	4.0%	31.0%
$400,510	$1,420	4.3%	3.9%	5.6%
$555,647	$1,330	2.9%	3.8%	-33.2%
$459,934	$1,330	3.5%	2.9%	16.5%
$690,593	$1,950	3.4%	2.6%	26.8%
$502,446	$1,950	4.7%	2.5%	43.0%

Demographics

Owner-occupied

64.9%

Census ACS

Vacancy rate

9.6%

Census ACS

Bachelor's degree +

44.8%

Census ACS

Rent burdened

41.9%

Census ACS (>30% income)

Median age

40.6

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 28, 2026

Allegheny County

See all 103 ZIPs ranked by yield and cap rate