October 29, 2025

Matrix Multifamily Pittsburgh Report-October 2025

Pittsburgh Not Yet Rusty

Pittsburgh’s advertised asking rents were up 0.4 percent on a T3 basis through August, to $1,454. The national average inched up 0.1 percent to $1,755. All in all, the metro's fundamentals were a mixed bag: Occupancy dipped slightly, sales were sluggish, but construction starts increased compared to 2024.

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