HousingHandbookReference data

U.S. ZIP Code · PA15218

Allegheny County · Pittsburgh, PA

Typical home value

$215,945[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.1%
5-year / yr
+1.8%
10-year / yr
+5.4%

Relative price

vs U.S.
-24.0%
vs metro
+19.9%
vs state
-7.5%
ZIP 15218 location in PA
Location of ZIP 15218 in PA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 15218 is worth $215,945 — 19.9% above the Pittsburgh, PA median. Over the past year, values have fallen 2.1%. Homes here rent for a typical $1,171 a month — a 6.5% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,171[2]
Gross yield
6.5%[2]
Cap rate
3.9%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.6%[3]
Typical annual tax
$3,359[3]

#Climate risk

FEMA National Risk Index ratings for Allegheny County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Very High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Moderate
Hurricane
Relatively Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
13,379[3]
Median household income
$67,960[3]

#Migration

Household moves in and out of Allegheny County over a year, from IRS tax-return data.

Net migration
-2,833[5]
Moved in
23,015
Moved out
25,848

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
0
  • Environmental CS at Frick Park

    Other · Grades K–12 · Environmental CS at Frick Park

    1,029 students

  • Dickson Prep STEAM Academy

    Middle · Grades 6–8 · Woodland Hills SD

    616 students

  • Edgewood El STEAM Academy

    Elementary · Grades PK–5 · Woodland Hills SD

    503 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield6.5%
Net yield (after ~40% expenses)3.9%
Annual rent$14,056

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,092
Loan principal$172,756
Down payment$43,189
Total interest paid$220,341

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.33
Monthly cost to own$1,553
Monthly rent$1,171

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
35th percentile[1]
Rental yield
41st percentile[2]
Property tax
85th percentile[3]

Frequently asked

How much is a home worth in ZIP code 15218?
The typical home in 15218 is worth $215,945, based on the Zillow Home Value Index.
Are home values rising in 15218?
Home values in 15218 are down 2.1% over the past year, and up 1.8% a year over five years.
What is the typical rent in 15218?
A typical home in 15218 rents for about $1,171 a month, a gross rental yield of 6.5%.
What is the property tax rate in 15218?
The effective property tax rate in 15218 is 1.6% — roughly $3,359 a year on a typical home.
Who lives in 15218?
ZIP code 15218 has a population of 13,379 and a median household income of $67,960.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Carnegie, PA

    Typical home
    $216,091
    Gross yield
    7.6%
  • Pittsburgh, PA

    Typical home
    $215,462
    Gross yield
    8.8%
  • Pittsburgh, PA

    Typical home
    $216,553
    Gross yield
    7.2%
  • PA

    Typical home
    $214,067
    Gross yield
  • Laurel Mountain, PA

    Typical home
    $213,272
    Gross yield
  • Frizzleburg CDP, PA

    Typical home
    $213,247
    Gross yield

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