Residential Real Estate

Average apartment rents in the Pittsburgh region, over the past six months, have increased by 3 percent, according to a national survey.

Average rent -- within a 10 mile radius of Pittsburgh -- is $792, said rentjungle.com, an apartment search and market research website. It reported it was $789 at the end of the first quarter.

Locally, one bedroom apartments rent for $659 a month on an average and two bedroom apartments average $808 a month, it said.

The most expensive Pittsburgh neighborhoods to rent apartments are in the South Side, rentjingle said. That includes the South Shore, Southside Slopes and Southside Flats.

Average rents for all size apartments there range from about $1,100 to $1,000, the report said.

Cheapest rents are in the neighborhoods of Stanton Heights. about $700, Lower Lawrenceville about $720 and East Liberty, about $750.

Debbie Roberts, general manager of the 298-unit Cork Factory in the Strip District, said Pittsburgh's apartment market is extremely strong, noting her complex is at 99 percent occupied

NAI Pittsburgh Commercial is a Pittsburgh proud locally owned and operated company. To see some of the investment and development opportunities available in the Pittsburgh region click here.