Matrix Multifamily Pittsburgh Report-April 2026 April 22, 2026

Pittsburgh fundamentals stay solid

Pittsburgh advertised asking rents slid 0.1 percent on a T3 basis to $1,444 through February, on par with the U.S., while on a YoY basis it rose a solid 1.5 percent. Supply growth decreased in 2025, with 1,067 units added, but was still on par with historic performance as the market readjusted following a 2024 expansion.