Pittsburgh is the 48th largest multifamily market with 92,767 completed units and 10,410 units in development, 2,909 of which have already broken ground, as of December 2021.
Pittsburgh Multifamily Market Summary – December 2021
New lease asking rents are at $1,258, up 8.5%▲
from the previous year placing Pittsburgh at 91st
overall in year-over-year rent growth.