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Rent Tracker

Rent Inflation in Pittsburgh, PA

The average asking rent in Pittsburgh, PA is $1,479/month as of 2026-03. That is +4% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) · zillow.com/research

Current Avg Rent

$1,479/mo

as of 2026-03

Year-over-Year Change

+4%

24-Month Rent Trend

Monthly ZORI index values for Pittsburgh, PA.

Month Avg Asking Rent Change from Prior Month
2026-03 $1,479 +0.68%
2026-02 $1,469 +0.20%
2026-01 $1,466 +0.34%
2025-12 $1,461 -0.14%
2025-11 $1,463 +0.21%
2025-10 $1,460 -0.21%
2025-09 $1,463 -0.07%
2025-08 $1,464 +0.07%
2025-07 $1,463 +0.55%
2025-06 $1,455 +0.90%
2025-05 $1,442 +0.70%
2025-04 $1,432 +0.70%
2025-03 $1,422 +0.49%
2025-02 $1,415 +0.50%
2025-01 $1,408 +0.28%
2024-12 $1,404 +0.07%
2024-11 $1,403 -0.28%
2024-10 $1,407 +0.07%
2024-09 $1,406 +0.07%
2024-08 $1,405 +0.43%
2024-07 $1,399 +0.50%
2024-06 $1,392 +0.80%
2024-05 $1,381 +0.66%
2024-04 $1,372

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data: Zillow Research ZORI · Updated monthly · Price Inflation Report