HousingHandbookReference data

U.S. ZIP Code · PA15234

Allegheny County · Pittsburgh, PA

Typical home value

$212,621[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.2%
5-year / yr
+2.5%
10-year / yr
+5.1%

Relative price

vs U.S.
-25.2%
vs metro
+18.0%
vs state
-9.0%
ZIP 15234 location in PA
Location of ZIP 15234 in PA

Price history

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

The typical home in 15234 is worth $212,621 — 18.0% above the Pittsburgh, PA median. Over the past year, values have fallen 1.2%. Homes here rent for a typical $1,679 a month — a 9.5% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent
$1,679[2]
Gross yield
9.5%[2]
Cap rate
5.7%[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$3,124[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
14,014[3]
Median household income
$78,366[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
4
Elementary
4
Middle
0
High
0
  • Abraham Lincoln El Sch

    Elementary · Grades K–4 · Bethel Park SD

    353 students

  • Myrtle Ave Sch

    Elementary · Grades K–5 · Keystone Oaks SD

    323 students

  • Young Scholars of Western Pennsylvania CS

    Elementary · Grades K–8 · Young Scholars of Western Pennsylvania CS

    298 students

  • Foster El Sch

    Elementary · Grades K–5 · Mt Lebanon SD

    295 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 yield9.5%
Net yield (after ~40% expenses)5.7%
Annual rent$20,143

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$1,075
Loan principal$170,097
Down payment$42,524
Total interest paid$216,949

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 ratio0.90
Monthly cost to own$1,513
Monthly rent$1,679

Owning 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
47th percentile[1]
Rental yield
76th percentile[2]
Property tax
78th percentile[3]

Frequently asked

How much is a home worth in ZIP code 15234?
The typical home in 15234 is worth $212,621, based on the Zillow Home Value Index.
Are home values rising in 15234?
Home values in 15234 are down 1.2% over the past year, and up 2.5% a year over five years.
What is the typical rent in 15234?
A typical home in 15234 rents for about $1,679 a month, a gross rental yield of 9.5%.
What is the property tax rate in 15234?
The effective property tax rate in 15234 is 1.5% — roughly $3,124 a year on a typical home.
Who lives in 15234?
ZIP code 15234 has a population of 14,014 and a median household income of $78,366.

#Comparable ZIPs

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

  • Avella CDP, PA

    Typical home
    $212,936
    Gross yield
  • Monaca, PA

    Typical home
    $212,298
    Gross yield
  • New Stanton, PA

    Typical home
    $212,291
    Gross yield
  • New Castle, PA

    Typical home
    $212,278
    Gross yield
    5.0%
  • Freeport, PA

    Typical home
    $212,191
    Gross yield
  • Big Beaver, PA

    Typical home
    $213,099
    Gross yield

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