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The Commonwealth Building apartments in Pittsburgh, PA

Updated

The Commonwealth Building

316 Fourth Ave, Pittsburgh, PA 15222

4.5 (34 reviews) Official Website

Live pricing, refreshed

10
Units Listed
$1,387
Starting at
$1,731
Average
$2,670
Highest
$2.62
Per Sq Ft

How does this compare? View Strip District rent trends

Beds

Pricing by Bedroom

Studio
$1,462
from $1,387 · 2 units
~469 sqft avg
1 Bed
$1,674
from $1,573 · 7 units
~677 sqft avg
2 Bed
$2,670
from $2,670 · 1 units
~937 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (20)

Largest 8 movers of 20

Last 15 days

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

$414K

$5.0M annual run rate

Modeled estimate

Est. Occupancy

96%

of about 254 units (modeled from leasing activity)

Effective Rent on New Leases

$1,698

vs $1,731 current asking ($33 negotiation gap)

Recent Lease Activity

67 units tracked; 57 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

8 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

The available listings show few signs of room to negotiate.

Price vs. Pittsburgh, PA

Similar

Comparing this building against 4 similar Pittsburgh, PA apartments by price. Click any bar to view that building.

See rent trends on the Pittsburgh, PA map Explore Pittsburgh, PA on the interactive map

Available Units

10 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

Studio / 1 Bath Unit 0605
$1,387/mo
434 ft² · $3.20/ft²

Base rent

Available: Jan 6, 2027

Down $7 since Oct 9 (was $1,394)
Studio / 1 Bath Unit 0807
$1,537/mo
504 ft² · $3.05/ft²

Base rent

Available: Now

Down $7 since Oct 9 (was $1,544)
1 Bed / 1 Bath Unit 0210
$1,573/mo
712 ft² · $2.21/ft²

Base rent

Available: Now

Down $8 since Oct 9 (was $1,581)
1 Bed / 1 Bath Unit 0509
$1,623/mo
615 ft² · $2.64/ft²

Base rent

Available: Now

Down $8 since Oct 9 (was $1,631)
1 Bed / 1 Bath Unit 1509
$1,638/mo
615 ft² · $2.66/ft²

Base rent

Available: Now

Down $8 since Oct 9 (was $1,646)
1 Bed / 1 Bath Unit 0306
$1,667/mo
742 ft² · $2.25/ft²

Base rent

Available: Dec 3, 2026

Down $9 since Oct 9 (was $1,676)
1 Bed / 1 Bath Unit 0910
$1,698/mo
624 ft² · $2.72/ft²

Base rent

Available: Now

Down $9 since Oct 9 (was $1,707)
1 Bed / 1 Bath Unit 1410
$1,703/mo
624 ft² · $2.73/ft²

Base rent

Available: Now

Down $9 since Oct 9 (was $1,712)
1 Bed / 1 Bath Unit 0901
$1,817/mo
804 ft² · $2.26/ft²

Base rent

Available: Nov 17, 2026

Down $9 since Oct 9 (was $1,826)
2 Bed / 2 Bath Unit 2105
$2,670/mo
937 ft² · $2.85/ft²

Base rent

Available: Oct 23, 2026

Down $13 since Oct 9 (was $2,683)

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Trains close by

Freight line 997 ft away

  • Trains pass infrequently
  • Crossing 997 ft away. Horns expected during the day.
  • Operator: CRSH

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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