Pittsburgh seeing rent increase by over 15% since 2021

Rent
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Rent is going up in the Pittsburgh area, but not at the same rate in other parts of the U.S.

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Research from two sources differ, but both show rental prices increasing.

CoStar Group says they were up about 6% from January 2020 through March of 2022. Redfin says rents have jumped over 15% since May 2021.

The increases were larger in Washington County, 7.7% and Westmoreland by 8.1%. Experts interviewed by the Tribune-Review say it is more expensive for landlords to buy, renovate and maintain properties and they're passing on some of the costs to tenants.

Another factor is strong demand and a limited supply of rental units.

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