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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Pittsburgh offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Pittsburgh's short-term rental market presents an attractive entry point for investors, with an average home value of $416,847 and annual revenue averaging $23,388 across 1,433 active listings. The city's above-average occupancy stability and relatively affordable property prices compared to many East Coast metros create a favorable revenue-to-cost dynamic. With a diverse demand base that includes corporate travelers, university visitors, and sports and event attendees, Pittsburgh offers a well-rounded STR opportunity worth a closer look.
According to Rabbu market data, the Pittsburgh short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 1,433 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $146 |
| Average Occupancy Rate | vs. 36% state avg. | 32% |
| RevPAN | ADR * Occupancy Rate | $46 |
| Average Monthly Revenue | Historical 12-month average | $1,949 |
| Average Annual Revenue | Historical 12-month average | $23,388 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Pittsburgh draws investor interest thanks to its affordable property values, stable occupancy, and diversified demand drivers spanning healthcare, education, tech, and live events.
Key investment factors
"With an ROI score of 63 out of 100—classified as an Attractive Opportunity—Pittsburgh offers a solid middle ground between affordability and earning potential. Revenue swings from a low of roughly $1,066 in January to a high of $2,681 in August mean savvy operators can boost returns through dynamic pricing, though the winter dip requires realistic cash-flow planning. The market's above-average occupancy stability is a genuine advantage, suggesting demand is more resilient here than in many peer cities. Investors who pair larger, well-amenitized properties with competitive pricing during shoulder months stand to outperform the market average."
— Rabbu Market Analysis Team
Pittsburgh shows clear seasonality, with August leading at $2,681 in average monthly revenue and January/February bottoming out at $1,066—a spread of roughly $1,600. The warm-weather months from May through October consistently top $2,100, giving investors a solid six-month window of stronger earnings to offset the quieter winter period.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,066 |
| February |
|
$1,066 |
| March |
|
$1,837 |
| April |
|
$1,761 |
| May |
|
$2,133 |
| June |
|
$2,136 |
| July |
|
$2,494 |
| August |
|
$2,681 |
| September |
|
$2,267 |
| October |
|
$2,234 |
| November |
|
$1,932 |
| December |
|
$1,777 |
One-bedroom units dominate Pittsburgh's supply at 605 listings (42% of the market), followed by 2-bedrooms at 365 and 3-bedrooms at 250. Larger configurations—5-bedroom and 6+ bedroom properties—account for just 58 listings combined, signaling a potential supply gap that could benefit investors targeting group travel and event-goers.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
38 |
| 1 bedroom |
|
605 |
| 2 bedrooms |
|
365 |
| 3 bedrooms |
|
250 |
| 4 bedrooms |
|
117 |
| 5 bedrooms |
|
30 |
| 6+ bedrooms |
|
28 |
ADR scales predictably with size, climbing from $95 for 1-bedroom listings to $330 for 6+ bedrooms, with studios bucking the trend at $198—likely reflecting premium downtown or boutique units. The jump from 3-bedroom ($187) to 4-bedroom ($226) offers a meaningful rate premium that may justify the added acquisition cost for investors weighing property size.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$198 |
| 1 bedroom |
|
$95 |
| 2 bedrooms |
|
$146 |
| 3 bedrooms |
|
$187 |
| 4 bedrooms |
|
$226 |
| 5 bedrooms |
|
$274 |
| 6+ bedrooms |
|
$330 |
Revenue per available night increases steadily with property size, from $34 for 1-bedrooms up to $92 for 6+ bedroom properties, indicating that larger homes convert their higher ADRs into real per-night earnings despite slightly lower occupancy. The 5-bedroom tier at $85 RevPAN stands out as a strong performer relative to its supply scarcity in the market.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$51 |
| 1 bedroom |
|
$34 |
| 2 bedrooms |
|
$43 |
| 3 bedrooms |
|
$53 |
| 4 bedrooms |
|
$59 |
| 5 bedrooms |
|
$85 |
| 6+ bedrooms |
|
$92 |
One-bedroom listings lead occupancy at 36%, while studios and 4-bedrooms sit at just 26%—a 10-percentage-point gap that directly impacts cash-flow consistency. Mid-range properties (2–3 bedrooms) cluster around 29–30%, and 5-bedrooms hold a respectable 31%, suggesting larger homes in Pittsburgh maintain competitive fill rates even at higher nightly prices.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
26% |
| 1 bedroom |
|
36% |
| 2 bedrooms |
|
30% |
| 3 bedrooms |
|
29% |
| 4 bedrooms |
|
26% |
| 5 bedrooms |
|
31% |
| 6+ bedrooms |
|
28% |
Monthly revenue rises sharply with bedroom count: 1-bedrooms average $1,354, 3-bedrooms reach $2,457, and 6+ bedroom properties lead at $5,542 per month. The jump from 4-bedroom ($3,249) to 5-bedroom ($4,662) represents a 43% increase, making the move into larger properties particularly rewarding for those who can manage the higher upfront costs.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$1,383 |
| 1 bedroom |
|
$1,354 |
| 2 bedrooms |
|
$2,045 |
| 3 bedrooms |
|
$2,457 |
| 4 bedrooms |
|
$3,249 |
| 5 bedrooms |
|
$4,662 |
| 6+ bedrooms |
|
$5,542 |
Annual revenue ranges from $16,253 for 1-bedroom units to $66,509 for 6+ bedroom properties, with each step up in size delivering meaningfully more income. Investors targeting the 4-bedroom segment ($38,990 annually) or above will find revenue levels that begin to move the needle on covering mortgage, management, and maintenance costs on a mid-priced Pittsburgh home.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$16,603 |
| 1 bedroom |
|
$16,253 |
| 2 bedrooms |
|
$24,540 |
| 3 bedrooms |
|
$29,487 |
| 4 bedrooms |
|
$38,990 |
| 5 bedrooms |
|
$55,952 |
| 6+ bedrooms |
|
$66,509 |
Kitchens (95%) and parking (94%) are essentially table stakes in Pittsburgh, while self check-in (89%) and a dedicated workspace (79%) round out the top four—reflecting strong demand from business travelers and remote workers. Pet-friendly policies (42%) and outdoor spaces like patios (48%) represent differentiators that can help listings stand out in a growing market.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
95% |
| Parking |
|
94% |
| Self Check-in |
|
89% |
| Workspace |
|
79% |
| Washer |
|
78% |
| Dryer |
|
76% |
| Patio or Balcony |
|
48% |
| Pets |
|
42% |
| Backyard |
|
39% |
| Outdoor Furniture |
|
37% |
| BBQ Grill |
|
19% |
| Gym |
|
7% |
| Hot Tub |
|
4% |
| EV Charger |
|
3% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Pittsburgh Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Pittsburgh's ROI score of 63 out of 100 places it in the Attractive Opportunity band, driven primarily by above-average occupancy stability and average marks across revenue-to-price ratio, market growth, and supply/demand balance. This means the market won't overwhelm you with outsized returns, but it offers a dependable foundation—particularly for investors who prize consistency over volatility. Pairing this score with thorough local regulatory research and a property-level financial analysis will give you the clearest picture of whether a Pittsburgh STR fits your portfolio.
Understanding local STR regulations is essential before investing in Pittsburgh. Here's the current regulatory landscape:
The City of Pittsburgh and the Commonwealth of Pennsylvania may require short-term rental operators to obtain a permit or register their property before listing it on platforms like Airbnb. Investors should verify current requirements directly with the City of Pittsburgh's Department of Permits, Licenses, and Inspections before purchasing a property.
Common STR restrictions in markets like Pittsburgh can include occupancy limits, minimum-stay requirements, noise and nuisance ordinances, parking mandates, and permit caps in certain neighborhoods. HOA rules and condo association bylaws may impose additional limitations, so reviewing any applicable covenants is an essential step before committing to an investment.
Short-term rental hosts in Pennsylvania are typically subject to state sales tax and a local hotel or occupancy tax, which platforms like Airbnb often collect and remit on the host's behalf. Investors should confirm with a local tax advisor whether any additional Pittsburgh-specific assessments apply to their property.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Pittsburgh can provide current regulatory guidance.
Financing an Airbnb investment in Pittsburgh requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Pittsburgh's STR market is expected to maintain steady demand, with occupancy rates likely holding in the 30–35% range market-wide and ADRs potentially inching up 2–4% as hosts continue to refine pricing strategies. Summer months—particularly July and August—should remain the revenue peak, while winter months may see incremental gains as more hosts optimize off-season pricing and minimum-stay requirements. Supply growth has been notable at 127% year-over-year, so investors should monitor whether new listings begin to compress occupancy or if demand absorbs the expansion. Overall, Pittsburgh's balanced supply/demand indicators suggest moderate but sustainable growth rather than a boom-and-bust cycle."
— 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 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and market conditions as of April 2026; actual results may differ as the market evolves. Local regulations, tax obligations, and permitting requirements are subject to change—investors should verify current rules with Pittsburgh and Pennsylvania authorities before purchasing.
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