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View PropertiesAs of Apr, 27 2026
Carnegie, PA is a micro-market just outside Pittsburgh with only 11 active Airbnb listings and an average annual revenue of $24,204 per property. The average daily rate of $114 sits well below the $350 Pennsylvania state average, while occupancy at 19% trails the 36% state benchmark significantly. For investors comfortable with a very small, early-stage market, the limited competition could present a niche opportunity — but the current performance numbers suggest this is a supplemental-income play rather than a primary revenue driver.
According to Rabbu market data, the Carnegie short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 11 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $114 |
| Average Occupancy Rate | vs. 36% state avg. | 19% |
| RevPAN | ADR * Occupancy Rate | $21 |
| Average Monthly Revenue | Historical 12-month average | $2,017 |
| Average Annual Revenue | Historical 12-month average | $24,204 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026.
Investors may consider Carnegie for its extremely low competition, proximity to Pittsburgh, and potential to capture underserved demand in a market with just 11 active listings.
Key investment factors
"Carnegie presents a limited-opportunity STR market at this stage, characterized by low occupancy (19%) and modest revenue relative to statewide averages. The pronounced seasonality — with August delivering the highest average monthly revenue at $2,770 and January dropping to roughly $1,107 — means investors need to plan carefully for cash-flow gaps during the colder months. That said, the extremely thin supply of just 11 listings could work in favor of a well-positioned property that differentiates on quality and amenities, particularly one targeting Pittsburgh spillover demand during summer and fall events."
— Rabbu Market Analysis Team
Carnegie exhibits strong seasonality, with August leading at $2,770 in average monthly revenue and January trailing at $1,107 — a spread of roughly $1,660. Investors should budget for softer winter months and focus pricing optimization on the May-through-October window, which consistently delivers above-average returns.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,107 |
| February |
|
$1,104 |
| March |
|
$1,904 |
| April |
|
$1,819 |
| May |
|
$2,206 |
| June |
|
$2,217 |
| July |
|
$2,581 |
| August |
|
$2,770 |
| September |
|
$2,348 |
| October |
|
$2,307 |
| November |
|
$1,999 |
| December |
|
$1,837 |
The only reported property size segment is 2-bedroom units, accounting for 6 of the 11 total listings. The remaining listings either fall into unreported categories or represent a mix of sizes too small to break out, suggesting that 2-bedrooms are the dominant format and other configurations could represent a gap worth exploring.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
6 |
Two-bedroom listings in Carnegie average an ADR of $112, closely aligning with the overall market average of $114. With only one size segment reported, there's limited data to assess how rates scale with property size in this market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$112 |
Two-bedroom properties generate a RevPAN of $24, reflecting the combined effect of a $112 ADR and 22% occupancy. This modest RevPAN underscores that boosting occupancy would be the most impactful lever for improving per-night revenue performance.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$24 |
Two-bedroom units in Carnegie average 22% occupancy, slightly above the market-wide 19% figure. While still well below the state average of 36%, this suggests 2-bedrooms capture a somewhat larger share of available demand compared to other property types in the area.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
22% |
Two-bedroom listings average $2,118 per month, tracking closely with the overall market average of $2,017. This is the only size segment with sufficient data, so investors considering other configurations should exercise caution given the lack of comparable benchmarks.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$2,118 |
At $25,420 in average annual revenue, 2-bedroom properties slightly outpace the overall market figure of $24,204. For a small, low-ADR market like Carnegie, this level of annual income is best suited as supplemental revenue rather than a primary investment thesis.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$25,420 |
Every listed property in Carnegie offers a kitchen, parking, and self check-in — these are table stakes for competing in this market. Backyards and dedicated workspaces appear in 82% of listings, signaling that guests here expect home-like comfort and remote-work readiness, while pet-friendliness (46%) could be a useful differentiator for hosts looking to stand out.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
100% |
| Self Check-in |
|
100% |
| Backyard |
|
82% |
| Workspace |
|
82% |
| Dryer |
|
73% |
| Washer |
|
73% |
| Outdoor Furniture |
|
46% |
| Pets |
|
46% |
| Patio or Balcony |
|
36% |
| BBQ Grill |
|
27% |
| Waterfront |
|
9% |
Understanding local STR regulations is essential before investing in Carnegie. Here's the current regulatory landscape:
Short-term rental operators in Carnegie, Pennsylvania may need to obtain local permits or register their property with the borough. Investors should verify current requirements directly with Carnegie Borough and Allegheny County authorities before listing a property.
Common restrictions in small Pennsylvania boroughs can include occupancy limits, noise ordinances, parking requirements, and minimum-stay rules. HOA covenants may also limit or prohibit short-term rentals in certain neighborhoods, so reviewing any applicable deed restrictions is essential before purchasing.
STR hosts in Pennsylvania are generally subject to state sales tax and local hotel occupancy taxes, with platforms like Airbnb often collecting and remitting some of these on the host's behalf. Investors should confirm whether Allegheny County or Carnegie Borough imposes any additional local lodging taxes.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Carnegie can provide current regulatory guidance.
Financing an Airbnb investment in Carnegie requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Carnegie's STR market is likely to remain modest in scale given its small listing base and low occupancy. Seasonal patterns show revenue roughly doubling from winter lows near $1,100 to summer peaks around $2,770, so hosts who optimize pricing during May through October could capture the bulk of their annual income in that window. ADR may see incremental gains of 1–3% if demand from Pittsburgh-area visitors grows, but occupancy would need to climb meaningfully — potentially into the mid-20s or above — before the market becomes more compelling on a cash-flow basis."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts. Local regulations, permit requirements, and tax obligations can change — always verify with municipal authorities before investing.
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