Housing in Akron
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Akron, Ohio
The housing market in Akron is a major contributor to the city's overall affordability. The average monthly rent in Akron was $1,123 according to a 2026 article. For those looking to rent, one-bedroom apartments typically range around $800 per month, while two-bedroom units are approximately $1,100 or more, as of 2025. Homeownership is also more accessible, with the average price of a home reported at just under $66,000 in 2024, and a median home price around $153,000 in 2025. This affordability in housing allows residents to stretch their budgets further compared to many other U.S. cities.
Housing
About Akron, Ohio
Akron, Ohio, once known as the "Rubber Capital of the World," is a city with a rich industrial history that has evolved into a diverse economic landscape. Situated approximately 38 miles south of Cleveland, Akron offers a blend of urban amenities and natural attractions, including the nearby Cuyahoga Valley National Park. The city is recognized for its affordability and a community-focused atmosphere, making it an attractive option for those seeking a lower cost of living compared to national averages. Akron has retained much of its historic charm, with a revitalized downtown area featuring upscale dining and entertainment, alongside vibrant neighborhood business districts.
About Ohio
Ohio, located in the Midwest, is characterized by a blend of urban centers and rural landscapes, offering a balance of city amenities and small-town charm. The state's economy is robust and diverse, with manufacturing being a significant sector, particularly in plastics, rubber, fabricated metals, and automobiles. Other major industries include financial activities, healthcare, education, and bioscience, with growing technology and logistics sectors. Living in Ohio is generally affordable, with the cost of living, especially housing, being lower than the national average. The climate is continental, featuring four distinct seasons with hot, humid summers and cold, snowy winters, and precipitation occurring year-round.