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 $81,990, lower than the Michigan average of $196,062.
The average cost of rent is $845/mo in Akron, primarily driven by the current value of real estate in the Akron area. While nearly 49.69% of residents own their homes outright in Akron, 16.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Akron is $4,277 per month. Households that rent pay about 19.76% of their income on rent here. Akron's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Wisner, MI: higher priced homes
- Fairgrove, MI: higher priced homes
- Bradleyville, MI: higher priced homes
- Oakhurst, MI: higher priced homes
- Colling, MI: higher priced homes
- Unionville, MI: higher priced homes
- Gilford, MI: higher priced homes
- Watrousville, MI: higher priced homes
- Quanicassee, MI: higher priced homes
- Colwood, MI: higher priced homes
Cities with Similar Populations
- Logan, NM: higher priced homes
- Bluewater, NM: higher priced homes
- Moenave, AZ: less expensive homes
- Caliente, NV: higher priced homes
- Edisto Beach, SC: higher priced homes
- Elka Park, NY: higher priced homes
- Pine Top, KY: less expensive homes
- Lowpoint, IL: higher priced homes
- Grandin, MO: higher priced homes
- Cataract, WI: higher priced homes
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