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Rental Market Trends in Akron, OH

What is the average rent in Akron, OH?

$960/month

Average Rent

651 Sq Ft

Average Apartment Size

+2.2%

Increase in the Last Year

As of April 2026, the average rent in Akron, OH is $960 per month. This is 41% lower than the national average rent of $1,641/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 $766 per month for a studio, $960 for a one-bedroom apartment, and around $1,166 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,429 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$766/month
453 Sq Ft
One Bedroom
$960/month
651 Sq Ft
Two Bedroom
$1,166/month
939 Sq Ft
Three Bedroom
$1,429/month
1,304 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,083/month
554 Sq Ft
Three Bedroom
$1,317/month
986 Sq Ft
Four Bedroom
$1,603/month
1,245 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,138/month
647 Sq Ft
Two Bedroom
$1,122/month
704 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,144/month
379 Sq Ft

How much has average rent changed in Akron, OH?

In the past year, rent has increased by 2.2%, which averages out to $22 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Akron, OH
Last Updated April 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Akron, OH
Percentage*
Rent Range
35% Below $700/month
32% $700 - $1,000/month
22% $1,001 - $1,500/month
10% $1,501 - $2,000/month
1% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Akron?

Based on current rent prices, Lane-Wooster, Merriman Valley and Highland Square are the most affordable neighborhoods in Akron.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lane-Wooster
$854/month
704 Sq Ft
Merriman Valley
$915/month
628 Sq Ft
Highland Square
$968/month
735 Sq Ft
Northwest Akron
$1,096/month
717 Sq Ft
Middlebury
$1,166/month
836 Sq Ft
East End
$1,166/month
836 Sq Ft
Downtown Akron
$1,227/month
648 Sq Ft
Copley/Fairlawn
$1,363/month
806 Sq Ft

What are the most expensive neighborhoods in Akron?

Based on current rent prices, Copley/Fairlawn, Downtown Akron and Middlebury are the most expensive neighborhoods in Akron.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Copley/Fairlawn
$1,363/month
806 Sq Ft
Downtown Akron
$1,227/month
648 Sq Ft
Middlebury
$1,166/month
836 Sq Ft
East End
$1,166/month
836 Sq Ft
Northwest Akron
$1,096/month
717 Sq Ft
Highland Square
$968/month
735 Sq Ft
Merriman Valley
$915/month
628 Sq Ft
Lane-Wooster
$854/month
704 Sq Ft

Which Akron neighborhoods have the most rentals available?

The neighborhoods in Akron with the most apartments available are Merriman Valley, Downtown Akron and Copley/Fairlawn .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Merriman Valley
$915/month
628 Sq Ft
Downtown Akron
$1,227/month
648 Sq Ft
Copley/Fairlawn
$1,363/month
806 Sq Ft
Highland Square
$968/month
735 Sq Ft
Northwest Akron
$1,096/month
717 Sq Ft
Lane-Wooster
$854/month
704 Sq Ft
Middlebury
$1,166/month
836 Sq Ft
East End
$1,166/month
836 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Akron, OH?

Because the average rent in Akron is $960, you’ll want to make about $3,200 per month or $38,400 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 15.2% lower than the national average. Generally, housing in Akron is 40.7% less expensive than the national average, with rent falling between $766 - $1,429. You can expect to pay 5.4% more for groceries, 19.5% less for utilities, and 1.8% more for transportation.

City

Akron, OH

1,330 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Akron, OH

Apartment Averages

Lane-Wooster

Akron, OH

Copley/Fairlawn

Akron, OH

Studio
$451/month
$916/month
One Bedroom
$562/month
$1,230/month
Two Bedroom
$863/month
$1,462/month
Three Bedroom
$816/month
$1,689/month
Search
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Apartment communities in Akron we think you'll love

Parkview at Spring Hill Apartments

Parkview at Spring Hill Apartments

1000 Springhill Dr,
Akron, OH 44312

$1,549 - $2,099 Total Monthly Price

1-3 Beds | 24 Month Lease

401 Lofts

401 Lofts

401 S Main St,
Akron, OH 44311

$525 - $1,871

Studio - 4 Beds

Merriman Valley Apartments & Townhomes

Merriman Valley Apartments & Townhomes

1551 Treetop Trl,
Akron, OH 44313

$815 - $3,343

1-3 Beds

Highlands of Heritage Woods

Highlands of Heritage Woods

454 Crestmont Ct,
Akron, OH 44321

$1,850

1-3 Beds

Property Management Companies in Akron, OH

5 West Group
5 West Group
  • 58

    Communities

  • 6,927

    Units

  • 30

    Cities

6 Communities in Akron
Laurel Residential
Laurel Residential
  • 21

    Communities

  • 1,217

    Units

  • 11

    Cities

3 Communities in Akron
Monarch Investment and Management Group
Monarch Investment and Management Group
  • 320

    Communities

  • 78,002

    Units

  • 146

    Cities

2 Communities in Akron
Redwood Living
Redwood Living
  • 144

    Communities

  • 19,026

    Units

  • 116

    Cities

2 Communities in Akron
A.R. Building Company
A.R. Building Company
  • 61

    Communities

  • 9,932

    Units

  • 48

    Cities

2 Communities in Akron
RLJ Management Co., Inc.
RLJ Management Co., Inc.
  • 41

    Communities

  • 1,902

    Units

  • 38

    Cities

2 Communities in Akron
Integrity Realty Group
Integrity Realty Group
  • 31

    Communities

  • 4,189

    Units

  • 20

    Cities

2 Communities in Akron
Morgan Properties
Morgan Properties
  • 391

    Communities

  • 108,355

    Units

  • 238

    Cities

1 Community in Akron

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United States Ohio Akron Rental Trends

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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity