Akron, OH Rental Market Trends
Last updated: April 06, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Akron is $1,118, a 3.77% increase compared to the previous year, when the average rent was $1,077.
Studio Apartments at $825 offer the most budget-friendly option with 469 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 682 square feet for $951, balancing privacy and affordability.
Two-beedroom units at $1,155 offer 997 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,299 sq ft) for $1,304, suitable for larger households.
Average rent in Akron, OH
Last updated: April 06, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,118 | 920 sq. ft. |
| Studio | $825 | 469 sq. ft. |
| 1 Bed | $951 | 682 sq. ft. |
| 2 Beds | $1,155 | 997 sq. ft. |
| 3 Beds | $1,304 | 1,299 sq. ft. |
Akron, OH rent trends
Rental prices in Akron, OH have increased by 3.77% over the past year. The average rent moved from $1,077 to $1,118.
What's the typical rent budget in Akron, OH?
The largest share of rentals in Akron, OH (47%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Akron, OH?
41,291 or 49% of the households in Akron, OH are renter-occupied while 42,563 or 51% are owner-occupied.
Most affordable neighborhoods in Akron?
North Hill $777/month
East Akron $923/month
Chapel Hill $935/month
All of these neighborhoods fall below the city wide average of $1,118/month.Most expensive neighborhoods in Akron?
Highland Square $1,249/month
Middlebury $1,340/month
University of Akron $1,458/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Akron, OH By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| University of Akron | $1,458 |
| Middlebury | $1,340 |
| Highland Square | $1,249 |
| Merriman Valley | $1,241 |
| Downtown Akron | $1,167 |
| Ellet | $1,069 |
| West Akron | $1,067 |
| Chapel Hill | $935 |
| East Akron | $923 |
| North Hill | $777 |
/
Akron | Rent Comparison by Neighborhood
Rent in Chapel Hill is 20% lower than in Downtown Akron
$935
Chapel Hill rent is 16% lower than Akron average
Average Rent
$935
$1,167
Downtown Akron rent is 4% higher than Akron average
Average Rent
$1,167
How Akron Compares to Other Cities
| City | Average Rent |
|---|---|
| Akron | $1,118 |
| Columbus | $1,337 |
| Cincinnati | $1,467 |
| Cleveland | $1,545 |
| Dayton | $1,096 |
| Northwest Ohio | $1,098 |
| Delaware | $1,413 |
| Toledo | $976 |
| Warren | $912 |
| Westerville | $1,509 |
| Dublin | $1,586 |
| Cuyahoga Falls, OH | $1,266 |
| Kent, OH | $1,486 |
| Medina, OH | $1,465 |
| Canton, OH | $1,014 |
| Stow, OH | $1,343 |
| Green, OH | $1,503 |
| Barberton, OH | $995 |
| Bedford, OH | $991 |
| Copley, OH | $1,392 |
| Brunswick, OH | $1,366 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Akron apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.