Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Akron area can be challenging. Home prices in Akron are now at a median cost of $74,275, lower than the Alabama average of $185,232.
The average cost of rent is $505/mo in Akron, primarily driven by the current value of real estate in the Akron area. While nearly 67.67% of residents own their homes outright in Akron, 14.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Akron is $3,232 per month. Households that rent pay about 15.64% of their income on rent here. Akron's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Stewart, AL: less expensive homes
- Evansville, AL: equally priced homes
- Sawyerville, AL: equally priced homes
- Knoxville, AL: higher priced homes
- Ingram, AL: higher priced homes
- Eutaw, AL: higher priced homes
- Greensboro, AL: higher priced homes
- Union, AL: equally priced homes
- Hogglesville, AL: higher priced homes
- Clinton, AL: higher priced homes
Cities with Similar Populations
- Blue River, OR: higher priced homes
- Lake Church, WI: higher priced homes
- New Hope, NC: higher priced homes
- North Clymer, NY: higher priced homes
- Togiak, AK: equally priced homes
- Moody, ME: higher priced homes
- Osborn, MO: higher priced homes
- St. Lucie Village, FL: higher priced homes
- Shirland, IL: higher priced homes
- Wapocomo, WV: higher priced homes
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