Rental market snapshot for Squirrel Hill North, Pittsburgh
Squirrel Hill North rental market summary
The rental market in Squirrel Hill North, Pennsylvania is showing signs of growth. In July 2023, there were 74 new listings, a significant increase from the previous month. The median rent also increased from $1,640 in June 2023 to $1,750 in July 2023, representing a 6.7% increase. This is a significant jump from the median rent of $1,525 in July 2022, which is a 14.8% increase.
These figures suggest that the rental market in Squirrel Hill North is becoming increasingly competitive. With more listings and higher rents, tenants are likely to face higher costs and more competition for rental properties. As such, it is important for tenants to be prepared to act quickly when they find a property they are interested in.
Median rent for all residential properties in Squirrel Hill North
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The most expensive listings and top trending buildings in Squirrel Hill North
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 5532 1/2 Forbes Ave | $7,500 | 6 / 4.5 |
| 5695 Forbes Ave | $3,785 | 3 / 2.5 |
| 5695 Forbes Ave | $3,660 | 3 / 2.5 |
| 6607 Woodwell St | $3,250 | 5 / 2.0 |
| 5703 Forbes Ave | $2,818 | 3 / 1.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Prudential Realty | $1,495 |
| Colebrook Management | $1,449 |
| Union Real Estate | $1,025 |
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Bedroom Breakdown in Squirrel Hill North
Squirrel Hill North neighborhood apartments rents
The rental market for studios in Squirrel Hill North, Pennsylvania, is showing signs of growth. In July 2023, there were 5 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $830, a 1.5% increase from the median rent in June 2023 of $818. This suggests that the rental market is becoming more competitive, with landlords increasing their prices to attract tenants.
The rental market for 1-bedroom apartments in Squirrel Hill North, Pennsylvania is showing signs of growth. In July 2023, there were 5 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,449, a 9.8% increase from the median rent in June 2023 of $1,320. This suggests that the rental market in Squirrel Hill North is becoming more competitive, with landlords able to increase their asking prices.
The rental market for 2-bedroom apartments in Squirrel Hill North, Pennsylvania, is relatively stable. In July 2023, there were 9 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,750, only a .1% decrease from the median rent in June 2023. This indicates that the rental market for 2-bedroom apartments in Squirrel Hill North is not experiencing any significant changes in terms of pricing or availability.