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Hillsboro Plaza - Seniors 62 & Older
(878) 313-6996
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Serenity Ridge Senior Apartments
(412) 744-4618
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Penn Commons Student Housing
(412) 960-4883
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Bakery Living Blue
(412) 347-4432
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773 Shady Drive East
(412) 343-1395
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1750-1752 Barr Ave
(610) 585-8357
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Apartments Under $500 in Pittsburgh, PA

1 of 6 Results
15
$100 - 350
Hillsboro Plaza - Seniors 62 & Older
612 Hillsboro St Pittsburgh, PA
1 BR | Available Now
Contact
Heat Included
Senior Community
Income Restricted
Section 8
Air Conditioning
5
$311 - 1,050
Serenity Ridge Senior Apartments
101 Serenity Drive Pittsburgh, PA
1 - 2 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Income Restricted
11
$390
PER
BED
Penn Commons Student Housing
4.5
525 Penn Ave Pittsburgh, PA
3 BR | Ask for Availability
Contact
Heat Included
Furnished
Cat Friendly
Student
Air Conditioning
23
$ Ask - 1,717
Bakery Living Blue
6454 Living Place Pittsburgh, PA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
5
$ Ask - 1,185
773 Shady Drive East
Pittsburgh, PA
2 BR | Available Now
Contact
Balcony, Deck, Patio
Storage
Dishwasher
2
$100
1750-1752 Barr Ave
Pittsburgh, PA
Studio | May. 1, 2023
Contact
Balcony, Deck, Patio
Storage
Dishwasher
1 - 6 of 6 Results
  1. Home
  2. Pittsburgh
  3. Apartments Under $500

How much does it cost to rent an apartment in Pittsburgh?

Pittsburgh Apartments
Bed Type Average Rent Range
Studio $1,100 $700 - $1,820
1BR $1,200 $790 - $2,120
2BR $1,400 $950 - $2,770
3BR $1,700 $1,150 - $2,530
4+BR $2,160 $1,340 - $3,650
Frequently Asked Questions

How many apartments are available in Pittsburgh, PA on Rentable.co?

Rentable.co has over 27,994 apartments available in Pittsburgh.

What is the average rent for a studio apartment in Pittsburgh, PA?

The average rent for a studio apartment in Pittsburgh is around $1,100 per month.

What is the average rent for a one-bedroom apartment in Pittsburgh, PA?

The average rent for a one-bedroom apartment in Pittsburgh is around $1,200 per month.

What is the average rent for a two-bedroom apartment in Pittsburgh, PA?

The average rent for a two-bedroom apartment in Pittsburgh is around $1,400 per month.

How expensive is living in Pittsburgh, PA?

Based on average rent prices in Pittsburgh, to afford a studio apartment you would need an annual salary of $44,000 to live comfortably.

How many apartments under $500 are available in Pittsburgh, PA on Rentable.co?

Rentable.co has 6 apartments under $500 available for rent in Pittsburgh.

Which neighborhoods have the most apartments under $500 for rent in Pittsburgh, PA?

  1. Friendship
  2. Central Oakland
  3. Shadyside
  4. Squirrel Hill
  5. Downtown

Asset 2
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Pittsburgh:
March Rent Report

Welcome to the March 2023 Pittsburgh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the Pittsburgh rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Pittsburgh and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Pittsburgh average rent prices in the chart below.

Monthly Rent Report

Pittsburgh Rent Prices Decrease From February to March

Pittsburgh rent prices decreased over the last month. From February to March, the city experienced a -0.82% decrease for the price of a one-bedroom apartment. The rent price for a Pittsburgh one-bedroom apartments currently stands at $1,204.0.

When we take a look at the two-bedroom comparison from February to March, Pittsburgh experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Pittsburgh two-bedroom apartments currently stands at $1,321.0.

March Prices: Pittsburgh vs. Surrounding Areas

Rent Prices in Pittsburgh and Surrounding Areas

Rent prices have decreased in Pittsburgh over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Pittsburgh suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Monroeville, PA, Upper St Clair, PA .

  • Rent decreased in Cranberry Twp, PA, Moon Township, PA, Bellevue, PA, Carnegie, PA, Greensburg, PA.

  • 2 suburbs are currently priced higher than the city of Pittsburgh.

  • 5 suburbs are currently priced lower than the city of Pittsburgh.

March 2023 Pricing Trends: Pittsburgh vs. National Comparisons

Pittsburgh Rent Prices More Affordable Than Major Cities

Rent growth in Pittsburgh over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Pittsburgh average rent prices appear to be relatively affordable for local residents.

The price for a Pittsburgh one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Pittsburgh and surrounding area rent prices, take a look at the complete data set below.

Data set for Pittsburgh and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Pittsburgh, PA $1,214.0 -0.82% $1,321.0 0.61%
Cranberry Twp, PA $1,344.0 -1.32% $1,863.0 0.38%
Moon Township, PA $1,201.0 -0.08% $1,518.0 -1.30%
Monroeville, PA $1,034.0 4.66% $1,420.0 -0.91%
Bellevue, PA $1,116.0 -0.80% $1,477.0 5.27%
Carnegie, PA $1,011.0 0.00% $1,232.0 0.08%
Greensburg, PA $600.0 0.00% $867.0 1.05%
Upper St Clair, PA $1,230.0 0.08% $1,913.0 -0.26%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.