In 49 of the 50 largest U.S. cities, renting is more affordable than buying a home. Pittsburgh is notable as the only metro where owning a home is cheaper than renting. In June 2025, the median rent in Pittsburgh was $1,473 compared to homebuying costs at $1,362 per month. Home prices in Pittsburgh have increased 31% since 2019, while rents surged nearly 40%. Pittsburgh's housing market remains affordable, making it accessible for median-income households to purchase homes.
"Pittsburgh remains one of the most affordable places in the U.S. to live and to buy a home. It's the only major market where buying a home is cheaper than renting, and one of just three large metros where a median-income household can afford a median-priced home."
"A monthly savings of $111 may not sound like much, but in 49 of the top 50 metros buying a starter home cost $908 more than renting one in June."
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