Highland Square, Akron, OH Rental Market Trends
Last updated: May 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Highland Square is $1,243, a 10.93% increase compared to the previous year, when the average rent was $1,120.
One-bedroom apartments provide 830 square feet for $983, balancing privacy and affordability.
Two-beedroom units at $1,345 offer 1,362 square feet, perfect for roommates or small families.
Average rent in Highland Square, Akron, OH
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,243 | 1,206 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $983 | 830 sq. ft. |
| 2 Beds | $1,345 | 1,362 sq. ft. |
| 3 Beds | n/a | n/a |
Highland Square, Akron, OH rent trends
Rental prices in Highland Square, Akron, OH have increased by 10.93% over the past year. The average rent moved from $1,120 to $1,243.
What's the typical rent budget in Highland Square, Akron, OH?
The largest share of rentals in Highland Square, Akron, OH (50%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Highland Square, Akron, OH?
1,036 or 50% of the households in Highland Square, Akron, OH are renter-occupied while 1,042 or 50% are owner-occupied.
Most affordable neighborhoods in Highland Square?
North Hill $773/month
East Akron $919/month
Ellet $1,006/month
All of these neighborhoods fall below the city wide average of $1,121/month.Most expensive neighborhoods in Highland Square?
Merriman Valley $1,248/month
Middlebury $1,373/month
University of Akron $1,602/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Akron, OH By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| University of Akron | $1,602 |
| Middlebury | $1,373 |
| Merriman Valley | $1,248 |
| Highland Square | $1,243 |
| Downtown Akron | $1,145 |
| West Akron | $1,084 |
| Ellet | $1,006 |
| East Akron | $919 |
| North Hill | $773 |
Akron | Rent Comparison by Neighborhood
Rent in Highland Square is 9% higher than in Downtown Akron
Highland Square rent is the same as Akron average
Downtown Akron rent is 8% lower than Akron average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Highland Square apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.