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City Report · OH

Akron

Pop. 189,247·106th most expensive in Ohio·One of the most affordable rental markets in the US
Median rent (all units)
$1,130/mo
Year-over-Year
+1.2%
Month-over-Month
+0.2%
vs US Median
-$835
Stable (Monthly)
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Most AffordableMost Expensive
Akron · $1,130
More affordable than 94% of US cities · National median $1,965/mo
Rent Reality Score
52/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Akron's 10-year trend predicts.

Actual rent
$1,130/mo
Expected by trend
$1,144/mo
The Rent Reality Score compares today's median rent to where Akron's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$742
1 BR
$817
2 BR
$1,049
3 BR
$1,298
4 BR+
$1,397
Research median
$1,049/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$13,560/yr
At $1,130/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.2% YoY, +0.2% MoM), not inventory.
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Demographics

Who lives here

Akron, OH is roughly split between renters and owners, has a median income below the national average, 23.6% of residents hold a bachelor's degree or higher.

Population
189,247
Median income
$48,076
Median age
36.9
Renters
49.3%
Age distribution
21.5%
26.1%
23.9%
12.5%
16%
Under 1821.5%
18–3426.1%
35–5423.9%
55–6412.5%
65+16%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
54.3%
29.4%
White54.3%
Black29.4%
Hispanic4.3%
Asian4.9%
Other7.2%
Education (25+)
32%
32.6%
23.6%
No HS diploma11.7%
HS diploma32%
Some college32.6%
Bachelor's+23.6%
Housing tenure
50.7%
49.3%
Owner50.7%
Renter49.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Akron, OH has changed in 5 years

Rent
$801 → $1,130
up 41.1%
Income
$42,129 → $48,076
up 14.1%
Population
191,483 → 189,247
down 1.2%
Renter share
50% → 49.3%
-0.7 pts
Bachelor's+
22% → 23.6%
+1.6 pts

Five years ago, renters in Akron, OH paid around $801 a month. That figure now sits near $1,130, up 41.1% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $42,129 in 2021 to $48,076 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Akron, OH losing about 2,236 residents over the five-year window, down 1.2% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Akron, OH market of 2021.

Community

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View Akron rent history (2015–2026) →
Salary vs rent

Can you afford rent in Akron on your salary?

At $1,130/mo, how Akron rent compares to typical pay (30% rule).

By apartment size

Akron rent by bedroom count

Median rent for each apartment size in Akron. Click any size for full breakdown.

Local insights

Tips for renters in Akron

About renting in Akron, OH

Last updated: July 20, 2026

The median rent in Akron is $1,130/mo as of July 2026. A studio apartment averages $742/mo while a 2-bedroom runs $1,049/mo. One-bedroom apartments average $817/mo and 3-bedroom units go for $1,298/mo.

At 28% of local median household income ($48,076/yr), Akron ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.

FAQ

Frequently asked questions

Is Akron an affordable city for renters?

Akron is considered affordable for renters. At $1,130/mo, rent takes approximately 28% of the local median household income ($48,076/yr). The standard benchmark is 30%. Akron falls comfortably within that range.

How much income do you need to rent in Akron?

To keep rent at or below 30% of gross income, you would need to earn at least $45,000/year (~$22/hour full-time) to afford the median rent of $1,130/mo in Akron. The local median household income is $48,076/yr, meaning the typical Akron household meets that threshold.

Is rent going up or down in Akron?

Rent in Akron has increased 1.2% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Akron neighborhoods have the lowest rent?

The most affordable ZIP codes in Akron are 44304 ($899/mo), 44306 ($936/mo), and 44311 ($946/mo). Citywide, the median rent in Akron is $1,130/mo.

How does Akron rent compare to other cities in Ohio?

Akron is one of the more affordable cities in Ohio for rent, ranking #106 out of 128 tracked cities at $1,130/mo.

What percentage of Akron residents rent vs. own?

According to Census data, approximately 49.3% of Akron households are renters, while 50.7% are owner-occupied. Akron leans toward homeownership, which can mean a smaller rental inventory.

How does Akron rent compare to the national average?

Akron's median rent of $1,130/mo is $835 (42%) below the US national median of $1,965/mo. Within Ohio, it ranks #106 out of 128 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,130/mo, rent takes ~28% of Akron's median household income ($48,076/yr). The standard benchmark is 30%.

Akron 28%Benchmark 30%
State income tax2.75–3.5%
Run the Akron affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Akron, OH

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