Akron, OH Rental Market Trends
What is the average rent in Akron?
The average rent for an apartment in Akron is $961. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Akron, OH
|Average Rent||Average Apartment Size|
|$961||905 sq. ft.|
What is the average apartment size in Akron?
The average size for a Akron, OH apartment is 905 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Akron, OH apartment rent ranges
Akron, OH Occupied Housing Units
42,206 or 50% of the households in Akron, OH are renter-occupied while 42,964 or 50% are owner-occupied.
Akron, OH rent trends
Average Rent in Akron, OH By Neighborhood
|University of Akron||$1,097|
What are the most affordable neighborhoods in Akron?
The most affordable neighborhoods in Akron are Kenmore, where the average rent goes for $726/month, Rolling Acres, where renters pay $747/mo on average, and East Akron, where the average rent goes for $754/mo. If you’re looking for other great deals, check out the listings from Sherbondy Hill ($758), North Hill ($763), and West Akron ($766), where the asking prices are below the average Akron rent of $961/mo.
What are the most expensive neighborhoods in Akron?
What are the most popular neighborhoods in Akron?
The most popular neighborhood in Akron is Merriman Valley, where there are 5 verified RentCafe listings with an average rent of $977. Next up is Cascade Valley, where apartments go for $889/month, followed by Downtown Akron with $1,305 If you’re looking to rent in Akron’s most popular neighborhoods, make sure to also check out Firestone Park, where renters pay $864 on average, and Goodyear Heights, where the average monthly rent is $1,131.
Akron | Rent Comparison by Neighborhood
Rent in Bath is 25% higher than in Cascade Valley
Bath rent is 16% higher than Akron average
Cascade Valley rent is 7% lower than Akron average
How Akron Compares to Other Cities