Cash Flow Investing in Pittsburgh, PA

Cash Flow Score: 3.9/10Ranked #29 of 52 markets

Data-driven cash flow analysis for Pittsburgh, PA — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

Cash Flow Score:3.9
Rent-to-Price Ratio(30%)
0.69%4.2
Cap Rate(30%)
7.2%4.9
Low Vacancy(20%)
9.6%3.0
Low Property Taxes(20%)
2.15%2.8

Key Metrics for Cash Flow

Cap Rate

7.2%

Good

Rent-to-Price

0.69%

Below 1% rule

Vacancy Rate

9.6%

Elevated

Property Tax

2.15%

Above average

Cash Flow Investment Thesis

Pittsburgh has successfully transitioned from steel to tech and healthcare. The eds-and-meds economy supports stable rental demand, though higher property taxes eat into cash flow.

How Pittsburgh Compares

RankCityCash Flow ScoreCap RateMedian Price
#24St. Louis, MO4.07.4%$165,000
#25Atlanta, GA4.05.9%$320,000
#26Raleigh, NC4.05.1%$380,000
#27San Antonio, TX3.96.5%$250,000
#28Denver, CO3.94.4%$525,000
#29Pittsburgh, PA3.97.2%$180,000
#30Milwaukee, WI3.86.7%$175,000

Showing markets ranked near Pittsburgh for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($1,250/mo)$15,000
Less: Vacancy (9.6%)-$1,440
Less: Property Tax (2.15%)-$3,870
Less: Insurance (~0.5%)-$900
Less: Maintenance (~1.5%)-$2,700
Estimated NOI$6,090
Implied Cap Rate3.4%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the cash flow score for Pittsburgh, PA?

Pittsburgh, PA scores 3.9 out of 10 on our cash flow score, ranking #29 out of 52 markets we track. Weighted composite: rent-to-price ratio (30%), cap rate (30%), low vacancy (20%), low property taxes (20%). Scale 0–10.

Is Pittsburgh a good city for cash flow investing?

Pittsburgh, PA ranks #29 for cash flow investing with a score of 3.9/10. While not a top-ranked market for this strategy, it may have strengths in other investing approaches.

What is the average cap rate in Pittsburgh?

The average cap rate in Pittsburgh, PA is 7.2%. The median home price is $180,000 with a median monthly rent of $1,250, resulting in a rent-to-price ratio of 0.69%.

What are the property taxes in Pittsburgh?

The effective property tax rate in Pittsburgh, PA is 2.15%. On a $180,000 property, that translates to approximately $3,870 per year in property taxes.

How does Pittsburgh compare to other cash flow markets?

Among our 52 tracked markets, Pittsburgh, PA ranks #29 for cash flow investing. It falls in the middle of the pack for this strategy.

Does Pittsburgh meet the 1% rule?

Pittsburgh, PA has a rent-to-price ratio of 0.69%, which falls significantly below the 1% rule. However, the 1% rule is a rough guideline — individual deals can still cash flow well in this market.

Run Your Own Numbers for Pittsburgh

Use our free calculators pre-filled with Pittsburgh, PA market data, or adjust the numbers for your specific deal.