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Real Estate: Residential

More than 4,000 people call Downtown home and many more are joining them. Short commutes, breathtaking views and cultural conveniences are just some of the reasons young professionals and empty-nesters are seeking the Downtown living experience.

Compared to other cities of similar sizes, housing costs in the City of Pittsburgh are the lowest. The cost of a three-bedroom house in the Pittsburgh area is nearly 30% below the national average.

  • Click here to read the article "Pittsburgh region's multifamily  vacancy rates among lowest nationwide" from the January 16, 2009 Pittsburgh Business Times.

As part of our mission, we're dedicated to enhancing Downtown living opportunities. The PDP is working to promote existing living options as well as to develop an environment conducive to creating new ones. Check out the housing search feature, Downtown events, and details about new development.

 

2010 Downtown Housing Market Reports

Downtown Market Report - 4Q 2010

Downtown Market Report - 3Q 2010

Downtown Market Report - 2Q 2010

Downtown Market Report 1Q 2010

 

2008 & 2009 Downtown Housing Market Reports

Downtown Market Survey - Q1 2009

Downtown Market Survey - Q2 2009

Downtown Market Survey - Q4 2008

Downtown Market Survey - Q2 & Q3 2008

Downtown Market Survey - Q1 2008

2009 Downtown Market Survey - Q2 2009
Market-Rate Stabilized Apartments

 

Average Downtown Occupancy 89.6%
Total Apartments Downtown 1,860
Number of Apartments 15
Average Market Rent ($/SF) $1.49
Average Concessions ($/SF) $0.01

 

For additional reports produced by the Pittsburgh Downtown Partnership, visit our Research and Reports page.