Matrix Multifamily Pittsburgh Report-April 2025 May 01, 2025

Pittsburgh Holds On

Advertised asking rents in Pittsburgh were up 0.3 percent on a T3 basis through February, to $1,405, outperforming the nation by 30 basis points. Transaction activity in 2024, at $277 million, doubled the previous year and surpassed the average volume for 2017 to 2023, but this year has begun slowly.