Latrobe, PA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Latrobe short-term rental market based on reliable data.

Listings

16 / 27

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$23,143

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$207,068

Median Home Sale Price

Top Earners

$43,663

Top-Earners Revenue

Latrobe

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Latrobe.

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B

Generally Investor friendly

Latrobe Regulations

STRs are explicitly allowed citywide, permitted by right in commercial zones and by special exception in residential zones, with no apparent caps; however, investors face a known approval path with moderate compliance steps (special exception hearings, site plan, parking/buffer standards). The tone is supportive and compliance is manageable despite added process for residential areas.

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About Latrobe

Latrobe is a small borough in Westmoreland County, Pennsylvania, with a population of roughly 7,800 residents. Tucked into the foothills of the Allegheny Mountains in the Laurel Highlands region, it carries a quiet, small-town character with tree-lined streets, modest brick storefronts, and a walkable downtown. The town is best known as the hometown of Fred Rogers, the beloved television host of "Mister Rogers' Neighborhood," and as the home of Saint Vincent College, a Catholic liberal arts college founded in 1846. Latrobe lies about 30 miles east of Pittsburgh, making it a convenient base for travelers exploring southwestern Pennsylvania and the surrounding highlands.

A few miles west of the Saint Vincent campus, the Fred Rogers Center preserves and extends the legacy of Latrobe's most famous son. The center hosts archives, exhibits, and programming related to Rogers's career in children's television and his philosophy of kindness and curiosity. Visitors interested in the cultural heritage of the region often combine a stop here with a visit to the Mister Rogers memorial statue downtown.

Roughly a 20-minute drive southwest of Latrobe, the borough of Ligonier offers two notable draws. Fort Ligonier is a reconstructed British fort from the French and Indian War, complete with a museum of period artifacts and reenactments that bring 18th-century frontier life into focus. Just outside Ligonier, Idlewild & SoakZone is one of the oldest operating amusement parks in the United States, dating to 1878. The park blends classic rides, a storybook-themed forest for younger children, and a water park, making it a popular family destination.

About 35 to 40 minutes south of Latrobe, deep in the Laurel Highlands, Fallingwater is the iconic Frank Lloyd Wright house cantilevered over a waterfall. Designated a UNESCO World Heritage Site, it is widely considered one of Wright's masterworks and draws architecture lovers year-round. The surrounding area also offers whitewater rafting, hiking, and the Ohiopyle State Park region, where visitors can experience the natural beauty of the Youghiogheny River gorge.

Latrobe's appeal for short-term rental investors lies in its balance of small-town character, cultural significance, and proximity to some of Pennsylvania's most visited destinations. Guests can spend the morning at the Fred Rogers Center, an afternoon in Ligonier or at Fallingwater, and still return to a quiet residential neighborhood by evening. With steady year-round interest from families, college visitors, and travelers exploring the Laurel Highlands, Latrobe offers a comfortable, well-located alternative to staying directly in Pittsburgh.

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