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Eighth & Penn apartments in Pittsburgh, PA

Updated

Eighth & Penn

731 Penn Ave, Pittsburgh, PA 15222

4.7 (42 reviews) Official Website

Live pricing, refreshed

10
Units Listed
$1,600
Starting at
$1,878
Average
$2,900
Highest
$2.67
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Pittsburgh, PA rent trends

Beds

Pricing by Bedroom

Studio
$1,695
from $1,600 · 4 units
~575 sqft avg
1 Bed
$1,819
from $1,750 · 5 units
~710 sqft avg
2 Bed
$2,900
from $2,900 · 1 units
~1,192 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (22)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$238K

$2.9M annual run rate

Modeled estimate

Est. Occupancy

94%

of about 156 units (modeled from leasing activity)

Effective Rent on New Leases

$1,632

vs $1,878 current asking ($246 negotiation gap)

Recent Lease Activity

26 units tracked; 16 assumed leased, 10 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

10

Moderate availability

5 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Pittsburgh, PA

Citywide

Showing citywide comparison (not enough Pittsburgh, PA properties tagged with "Strip District" for a local match). Click any bar to view that building.

Available Units

10 units
Studio / 1 Bath Harris
$1,600/mo
581 ft² · $2.75/ft\u00B2 · #1013
Studio / 1 Bath Heeren B
$1,700/mo
569 ft² · $2.99/ft\u00B2 · #705
Studio / 1 Bath Harris
$1,730/mo
581 ft² · $2.98/ft\u00B2 · #1113
Studio / 1 Bath Heeren B
$1,750/mo
569 ft² · $3.08/ft\u00B2 · #1005
1 Bed / 1 Bath Byham A
$1,750/mo
710 ft² · $2.46/ft\u00B2 · #212
1 Bed / 1 Bath Byham A
$1,765/mo
710 ft² · $2.49/ft\u00B2 · #216
1 Bed / 1 Bath Byham B
$1,830/mo
710 ft² · $2.58/ft\u00B2 · #711
1 Bed / 1 Bath Byham B
$1,850/mo
710 ft² · $2.61/ft\u00B2 · #911
1 Bed / 1 Bath Byham A
$1,900/mo
710 ft² · $2.68/ft\u00B2 · #908
2 Bed / 2 Bath Bonn A
$2,900/mo
1,192 ft² · $2.43/ft\u00B2 · #506

Train activity

Train activity nearby

Freight line 1,621 ft away

  • Trains pass infrequently
  • No road crossing within earshot. Horns unlikely.
  • Operator: NS

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Pittsburgh, PA notes

No resident notes for this property yet.

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