Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Akron city, Ohio?
City · Census ACS 5-Year estimates
The median gross rent in Akron city, Ohio is $955/month (±$16), based on Census ACS 5-Year estimates (2024). The median home value is $122,000 (±$3,166), and the median household income is $48,076/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Akron city, Ohio
| Metric | Value |
|---|---|
| Median Gross Rent | $955 |
| Median Home Value | $122,000 |
| Median Household Income | $48,076 |
| Total Housing Units | 84,734 |
| Renter-Occupied Units | 41,805 |
| Renter-Occupied Share | 49% |
| Households Paying 50%+ Income | 11,149 households |
How does Akron city, Ohio compare?
Median gross rent ranked against all cities in Ohio.
Higher rent than 60% of cities in Ohio · 405th of 997
| # | City | Value |
|---|---|---|
| 1 | Pepper Pike city | $3,501 |
| 2 | Glenwillow village | $3,417 |
| 3 | Terrace Park village | $3,200 |
| … 401 more … | ||
| 405 | Akron city(you are here) | $955 |
| … 589 more … | ||
| 995 | Elmore village | $398 |
| 996 | Bolton CDP | $340 |
| 997 | Wolfhurst CDP | $271 |
More data for Akron city, Ohio
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Frequently asked questions
What is the average rent in Akron city, Ohio?
The median gross rent in Akron city, Ohio is $955/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Akron city, Ohio?
The median rent for a 2-bedroom in Akron city, Ohio is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Akron city, Ohio?
The median home value in Akron city, Ohio is $122,000 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Akron city are rent-burdened?
In Akron city, Ohio, 11,149 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Akron city, Ohio?
The median household income in Akron city, Ohio is $48,076/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $955 has a margin of error of ±$16. In very small areas, MOEs can be large relative to the estimate.
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