Rents are right about where Akron's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,137 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Akron, OH has changed in 5 years
Five years ago, renters in Akron, OH paid around $801 a month. That figure now sits near $1,137, up 41.9% 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.
Discussions about Akron
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Can you afford rent in Akron on your salary?
At $1,137/mo, how Akron rent compares to typical pay (30% rule).
Akron rent by bedroom count
Median rent for each apartment size in Akron. Click any size for full breakdown.
Tips for renters in Akron
Last updated: August 17, 2026
The median rent in Akron is $1,137/mo as of August 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 1.8% over the past year.
Frequently asked questions
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What percentage of Akron residents rent vs. own?
How does Akron rent compare to the national average?
At $1,137/mo, rent takes ~28% of Akron's median household income ($48,076/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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