ZIP Code · PA

ZIP 15206

Part of Pittsburgh, PA

Pop. 29,056·Allegheny County·79th most expensive ZIP in Pennsylvania

Median rent (all units)

$1,812/mo

Year-over-Year

+4.9%

Month-over-Month

-0.1%

vs US Median

-$120

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 15206 · $1,812

More expensive than 50% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,290

1 BR

$1,380

2 BR

$1,670

3 BR

$2,140

4 BR+

$2,300

Research median

$1,670/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 15206 usually run 1.2% below trend in December and 1.2% above it in July, about $43 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 15206 is 0.1% below its high of $1,814 in August 2026, at $1,812 as of September 2026.

Past year vs. the rest of Pennsylvania

Rent in ZIP 15206 changed +4.9% over the year to September 2026. Across the 205 Pennsylvania ZIP codes Zillow tracks, the typical change was +3.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 15206 rose 27.7% while median household income rose 48.5% ($49,105 to $72,920). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 15206 is 34.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($72,920) is $1,823 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,670); a 3-bedroom is $2,140.

Rank in Pittsburgh

25th cheapest of 30 ZIP codes in Pittsburgh.

Cheaper nearby

ZIP 15232, 2 miles away, rents for 10% less ($1,626/mo), about $2,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 15206. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,744/yr

At $1,812/mo median

Location

CityPittsburgh

StatePA

CountyAllegheny County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.9% YoY, -0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 15206 (Pittsburgh, PA) is majority renter-occupied, skews toward younger working-age adults, 59.5% of residents hold a bachelor's degree or higher.

Population

29,056

Median income

$72,920

Median age

35.8

Renters

59.1%

Age distribution

14.5%

34.1%

25.7%

15%

Under 1814.5%

18–3434.1%

35–5425.7%

55–6410.7%

65+15%

Gender

49.6%

50.4%

Male49.6%

Female50.4%

Race & ethnicity

54.6%

29.5%

White54.6%

Black29.5%

Hispanic3.9%

Asian6.5%

Other5.5%

Education (25+)

16.9%

19.4%

59.5%

No HS diploma4.3%

HS diploma16.9%

Some college19.4%

Bachelor's+59.5%

Housing tenure

40.9%

59.1%

Owner40.9%

Renter59.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 15206 in Pittsburgh, PA has changed in 5 years

Rent

$1,386 → $1,812

up 30.7%

Income

$54,803 → $72,920

up 33.1%

Population

29,435 → 29,056

down 1.3%

Renter share

58.4% → 59.1%

+0.7 pts

Bachelor's+

55.1% → 59.5%

+4.4 pts

Median age

36.3 → 35.8

-0.5 yrs

Across the past five years, the going rent in ZIP 15206 in Pittsburgh, PA has shifted from $1,386 to $1,812, up 30.7% since 2021. On the earnings side, the typical household in ZIP 15206 in Pittsburgh, PA now reports about $72,920, up from $54,803 in 2021. Census counts show ZIP 15206 in Pittsburgh, PA losing about 379 residents over the five-year window, down 1.3% on net. Bachelor's-degree-or-higher attainment moved from 55.1% to 59.5% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 15206 in Pittsburgh, PA reflects that arc in its own way.

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Local insights

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About renting in ZIP 15206

Last updated: October 17, 2026

ZIP code 15206 covers Pittsburgh, PA. The median rent here is $1,812/mo as of October 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,670/mo.

At 30% of local median household income ($72,920/yr), ZIP 15206 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 15206?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,812/mo in ZIP 15206. The local median household income is $72,920/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 15206?

Rent in ZIP 15206 has risen 4.9% over the past year as of September 2026. It sits 0.1% below its high of $1,814 in August 2026.

When is the cheapest time to rent in ZIP 15206?

Asking rents in ZIP 15206 are usually lowest in December, about 1.2% below their yearly trend, and highest in July, about 1.2% above it. At today's median that is a gap of roughly $43 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 15206?

No. From 2019 to 2024, rent in ZIP 15206 rose 27.7% while median household income rose 48.5%, from $49,105 to $72,920. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 15206 compare to other ZIPs in Pennsylvania?

ZIP 15206 is one of the pricier among Pennsylvania ZIP codes for rent, ranking #79 of 261 at $1,812/mo. Over the year to September 2026, rent in ZIP 15206 changed +4.9%, against a typical +3.8% across the 205 Pennsylvania ZIP codes Zillow tracks.