Parkview at Spring Hill Apartments
1000 Springhill Dr,
Akron, OH 44312
1-3 Beds | $1,499 - $2,949
Rental Market Trends in Akron, OH
What is the average rent in Akron, OH?
$870/month
Average Rent
651 Sq Ft
Average Apartment Size
+2.8%
Increase in the Last Year
As of June 2025, the average rent in Akron, OH is $870 per month. This is 47% lower than the national average rent of $1,628/month, making renting in Akron more affordable than most cities in the US. When you rent an apartment in Akron, you can expect to pay about $746 per month for a studio, $870 for a one-bedroom apartment, and around $1,113 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,317 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Akron, OH?
In the past year, rent has increased by 2.8%, which averages out to $25 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024
2025
Rent Ranges in Akron, OH
Last Updated June 2025
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
44%
Below $700/month
26%
$700 - $1,000/month
21%
$1,001 - $1,500/month
7%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Akron?
Based on current rent prices, Highland Square, Lane-Wooster and West Akron are the most affordable neighborhoods in Akron.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Akron?
Based on current rent prices, Downtown Akron, Copley/Fairlawn and East End are the most expensive neighborhoods in Akron.
Neighborhood
Average Rent
Average Sq Ft
Which Akron neighborhoods have the most rentals available?
The neighborhoods in Akron with the most apartments available are Downtown Akron, East End and Merriman Valley .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Akron, OH?
Because the average rent in Akron is $870, you’ll want to make about $2,900 per month or $34,800 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Akron, OH is 10.2% lower than the national average. Generally, housing in Akron is 35.5% less expensive than the national average, with rent falling between $746 - $1,317. You can expect to pay 12.1% more for groceries, 18.5% less for utilities, and 11.5% more for transportation.
How does Akron, OH compare to other nearby cities and neighborhoods?
Use the tool below to compare Akron, OH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$707/month
$910/month
One Bedroom
$749/month
$1,104/month
Two Bedroom
$1,112/month
$1,183/month
Three Bedroom
$1,368/month
$1,217/month
Nearby City Rent Trends
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Integrity Realty Group
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Elon Property Management
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.