Compare Pittsburgh, PA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Pittsburgh.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Pittsburgh. Plus, shopping lenders is free and there is no obligation.
June 25, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Pittsburgh. Understand how much you need to earn to afford a home in Pittsburgh, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Pittsburgh fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Pittsburgh is right for you.
The median home value for Pittsburgh, PA (Allegheny County) is $205,651
Based on current mortgage rates and a 10% down payment, you need to make $33,695 per year to buy the median priced home in Pittsburgh
With this income, you could qualify for a $185,086 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Pittsburgh is $780
The median household income for Pittsburgh, PA (Allegheny County) is $70,117
Based on this income, you can afford a home valued at approximately $427,946
The home price you can afford to buy based on household income in Pittsburgh is 208% of the median home value which means housing prices are affordable. Pittsburgh (Allegheny County) ranks 27 out of 67 counties in Pennsylvania and 1,562 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Pittsburgh, PA is affordable
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Pittsburgh (Allegheny County) below.
Conforming loan limits for Pittsburgh, PA
FHA loan limits for Pittsburgh, PA
VA loan limits for Pittsburgh, PA