The Most Affordable Neighborhoods in East Akron, Akron, OH by Home Value

 

East Akron, Akron, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the East Akron area can be challenging. Home prices in East Akron are now at a median cost of $70,738, lower than the Akron average of $230,305.

The average cost of rent is $980/mo in East Akron, primarily driven by the current value of real estate in the East Akron area. In East Akron, 55.64% of households rent, and 60.86% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in East Akron is $3,618 per month. Households that rent pay about 27.10% of their income on rent here. East Akron’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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