Pegnitz (German: [ˈpeːɡnɪt͡s] ) is a town in the Bayreuth district in Upper Franconia, Bavaria, Germany, with a population of approximately 15,000 inhabitants. It is also the source of the river Pegnitz. The city Bayreuth is about 27 km to the north.

The villages (Ortsteile) in Pegnitz are:

Bodendorf Bronn Buchau Büchenbach Hainbronn Hammerbühl Hedelmühle Heroldsreuth Herrenmühle

Horlach Hufeisen Kaltenthal Kleinkrausmühle Körbeldorf Kosbrunn Kotzenhammer Langenreuth Leups

Lobensteig Lüglas Nemschenreuth Neudorf Neuhof Penzenreuth Pertenhof Reisach Stein

Stemmenreuth Trockau Troschenreuth Vestenmühle Weidelwangermühle Weidmannshöhe Willenberg Willenreuth Zips

Annual events are the Christmas market, the Open-Air Rock Festival Waldstock, and above all, the seasonal strong-beer festival called Flinderer.