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 $189,907, higher than the Ohio average of $181,280.
The average cost of rent is $1,045/mo in Akron, primarily driven by the current value of real estate in the Akron area. While nearly 35.73% of residents own their homes outright in Akron, 30.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Akron is $6,292 per month. Households that rent pay about 16.60% of their income on rent here. Akron's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Cuyahoga Falls, OH: less expensive homes
- Portage Lakes, OH: less expensive homes
- Tallmadge, OH: equally priced homes
- Fairlawn, OH: higher priced homes
- Copley, OH: less expensive homes
- Barberton, OH: less expensive homes
- Munroe Falls, OH: equally priced homes
- Silver Lake, OH: higher priced homes
- Lakemore, OH: less expensive homes
- Norton, OH: less expensive homes
Cities with Similar Populations
- Staten Island, NY: higher priced homes
- Chicago, IL: higher priced homes
- Brooklyn, NY: higher priced homes
- Queens, NY: higher priced homes
- Naples, FL: higher priced homes
- Los Angeles, CA: higher priced homes
- Pittsburgh, PA: equally priced homes
- Philadelphia, PA: higher priced homes
- Livermore, CA: higher priced homes
- Lexington, KY: higher priced homes
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