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City Report · PA

Akron

Pop. 4,143·88th most expensive in Pennsylvania·Rental market data updated monthly for Akron, PA
Median rent (all units)
$1,545/mo
Year-over-Year
Stable
Month-over-Month
+30.4%
vs US Median
-$417
Rising (Monthly)
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Most AffordableMost Expensive
Akron · $1,545
More affordable than 73% of US cities · National median $1,962/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,545/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$62,000/yr
Local median income
$76,569/yr
Based on the 30%-of-income rule using Akron's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$930
1 BR
$1,050
2 BR
$1,320
3 BR
$1,720
4 BR+
$1,750
Fair Market Rent (HUD)
$1,320/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,545 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 →

Rent trends

12-month history

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Last updated: June 22, 2026

Annual cost
$18,540/yr
At $1,545/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +30.4% MoM), not inventory.
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Demographics

Who lives here

Akron, PA is majority owner-occupied, has a large retiree population, 20.9% of residents hold a bachelor's degree or higher.

Population
4,143
Median income
$76,569
Median age
36.5
Renters
36.7%
Age distribution
26.6%
21.9%
14.2%
15%
22.3%
Under 1826.6%
18–3421.9%
35–5414.2%
55–6415%
65+22.3%
Gender
52.5%
47.5%
Male52.5%
Female47.5%
Race & ethnicity
75.9%
White75.9%
Black2.7%
Hispanic9.4%
Asian5.5%
Other6.5%
Education (25+)
43%
29.3%
20.9%
No HS diploma6.8%
HS diploma43%
Some college29.3%
Bachelor's+20.9%
Housing tenure
63.3%
36.7%
Owner63.3%
Renter36.7%

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

2021 vs 2026

How Akron, PA has changed in 5 years

Income
$65,863 → $76,569
up 16.3%
Population
4,132 → 4,143
up 0.3%
Renter share
42.6% → 36.7%
-5.9 pts
Bachelor's+
18.1% → 20.9%
+2.8 pts
Median age
42 → 36.5
-5.5 yrs

Median household income climbed from $65,863 to $76,569 between 2021 and 2024, a 16.3% shift. The renter share has eased from 42.6% to 36.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 18.1% to 20.9% across the same window.

Community

Discussions about Akron

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

Can you afford rent in Akron on your salary?

At $1,545/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, PA

Last updated: June 22, 2026

The median rent in Akron is $1,545/mo as of June 2026. A studio apartment averages $930/mo while a 2-bedroom runs $1,320/mo. One-bedroom apartments average $1,050/mo and 3-bedroom units go for $1,720/mo.

At 24% of local median household income ($76,569/yr), Akron ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Akron an affordable city for renters?

Akron is considered very affordable for renters. At $1,545/mo, rent takes approximately 24% of the local median household income ($76,569/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 $62,000/year (~$30/hour full-time) to afford the median rent of $1,545/mo in Akron. The local median household income is $76,569/yr, meaning the typical Akron household meets that threshold.

Is rent going up or down in Akron?

Rent in Akron has been relatively stable over the past year, with a 0.0% change year over year as of June 2026.

How does Akron rent compare to other cities in Pennsylvania?

Akron is middle-of-the-pack for Pennsylvania for rent, ranking #88 out of 165 tracked cities at $1,545/mo.

Which nearby cities are cheaper to rent in than Akron?

Several nearby cities have lower median rents than Akron ($1,545/mo): Myerstown ($1,345/mo), Ephrata ($1,395/mo).

What percentage of Akron residents rent vs. own?

According to Census data, approximately 36.7% of Akron households are renters, while 63.3% 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 $1,545/mo is $417 (21%) below the US national median of $1,962/mo. Within Pennsylvania, it ranks #88 out of 165 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,545/mo, rent takes ~24% of Akron's median household income ($76,569/yr). The standard benchmark is 30%.

Akron 24%Benchmark 30%
State income tax3.07%
Run the Akron affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Akron, PA

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