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AirDNA Data: US Pennsylvania Pittsburgh

How is Pittsburgh performing?

80

Great
Market Score

68

Investability

57

Rental Demand

47

Revenue Growth

51

Seasonality

47

Regulation

Annual Revenue

$15.7K

+3%

past year

Occupancy Rate

50%

+4%

past year

Average Daily Rate

$175.5

+3%

past year

Revenue per Available Rental (RevPAR)

$84

+6%

past year

Pittsburgh Performance Details

Total available listings

3,962

+3%

past year

Listings by rental channel

Channel

Airbnb (65%)

Vrbo (10%)

Both (26%)

Listings by rental size

Bedrooms

1 Bedroom (48%)

2 Bedroom (24%)

3 Bedroom (17%)

4 Bedroom (7%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (33%)

91-180 nights (21%)

181-270 nights (20%)

271-365 nights (27%)

Listings by rental type

Type

Entire Home (83%)

Private Room (17%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (20.3%)

Moderate (42.1%)

Strict (36.9%)

Super Strict (0.7%)

Listings by Minimum Stay

1 Night (0.2%)

2 Nights (32.2%)

3 Nights (11.9%)

4-6 Nights (4.6%)

7-29 Nights (11.1%)

30+ Nights (40.0%)

What amenities do listings have?

Wireless Internet

97%

Aircon

95%

Kitchen

94%

Heating

93%

Tv

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Luxora
7575.0%1724
4.99
HostWise
620.4%4613
4.94
Evolve
380.3%450
4.63
Super Gus Stays LLC
370.6%3090
4.79
Pittsburgh Furnished Rentals, LLC
310.3%2799
4.84

Occupancy

Occupancy Rate

50%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,573,497

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$50

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$50

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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