Mortgage Rates in Pittsburgh, Pennsylvania — March 2026
Updated March 2026 | Based on Pittsburgh market data and regional lending conditions
Pittsburgh is a mid-sized city in Pennsylvania with a population of 302,971. The current 30-year fixed mortgage rate in Pittsburgh is 6.7%, which is 0.05% above the national average. With a median home price of $195,000 and a 20% down payment of $39,000, homebuyers can expect a monthly principal and interest payment of approximately $1,007.
Current Mortgage Rates in Pittsburgh, PA
Below are the current average mortgage rates available in the Pittsburgh area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.7% | 6.65% | +0.05% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.3% | 6.25% | +0.05% |
| VA | 6.1% | 6.05% | +0.05% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Pittsburgh Housing Market Overview
The Pittsburgh housing market offers relatively affordable housing compared to many major cities. The median household income in Pittsburgh is $48,711, and the cost of living index is 93.2 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $52,629 to comfortably afford the median-priced home in Pittsburgh, which exceeds the current median household income.
Monthly Payment Breakdown for Pittsburgh
Based on the median home price of $195,000 with 20% down ($39,000), here is what you can expect to pay monthly in Pittsburgh:
15-Year vs. 30-Year Mortgage in Pittsburgh
Choosing a 15-year mortgage in Pittsburgh at 5.94% instead of a 30-year at 6.7% would save you $126,540 in total interest over the life of the loan. However, your monthly payment would be $1,311 instead of $1,007 — an increase of $304 per month.
Calculate Your Pittsburgh Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Pittsburgh
What are the current mortgage rates in Pittsburgh, PA?
As of March 2026, the average 30-year fixed mortgage rate in Pittsburgh, Pennsylvania is 6.7%, while the 15-year fixed rate is 5.94%. FHA loans average 6.3% and VA loans 6.1%. These rates are 0.05% above the national average of 6.65%.
How much is a monthly mortgage payment in Pittsburgh?
Based on the median home price of $195,000 with 20% down, the estimated monthly mortgage payment in Pittsburgh is $1,007 for principal and interest. Including property taxes of $221/month, the total monthly housing cost is approximately $1,228.
What income do I need to buy a home in Pittsburgh?
Using the 28% rule, you would need an annual income of approximately $52,629 to afford the median-priced home in Pittsburgh at $195,000. The median household income in Pittsburgh is $48,711. This means most households would need to either earn above the median or consider homes below $195,000.
Is Pittsburgh a good place to buy a home in 2026?
Pittsburgh offers a below-average cost of living with a cost of living index of 93.2 (national average = 100). The property tax rate in Pennsylvania is 1.36%, which is near the national average. Pittsburgh has a population of 302,971 and offers a very affordable lifestyle.
Mortgage Rates in Other Pennsylvania Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Pittsburgh, Pennsylvania area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.