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Expensive
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These days, finding an affordable place to live in the South Akron area can be challenging. Home prices in South Akron are now at a median cost of $68,964, lower than the Akron average of $230,305.
The average cost of rent is $1,020/mo in South Akron, primarily driven by the current value of real estate in the South Akron area. In South Akron, 58.36% of households rent, and 45.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Akron is $3,790 per month. Households that rent pay about 26.91% of their income on rent here. South Akron’s most expensive areas are in the central 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.
Nearby Neighborhoods
- Firestone Park, Akron, OH: higher priced homes
- East Akron, Akron, OH: equally priced homes
- University of Ohio Akron, Akron, OH: higher priced homes
- Summit Lake, Akron, OH: higher priced homes
- Downtown Akron, Akron, OH: higher priced homes
- Middlebury, Akron, OH: equally priced homes
- Lane-Wooster, Akron, OH: higher priced homes
- Kenmore, Akron, OH: higher priced homes
- Elizabeth Park Valley, Akron, OH: higher priced homes
- Goodyear Heights, Akron, OH: higher priced homes
Neighborhoods with Similar Populations
- Rio Grande, Albuquerque, NM: higher priced homes
- Lookout Valley, Chattanooga, TN: higher priced homes
- Mahncke Park, San Antonio, TX: higher priced homes
- Marriott's Griffin Gate Golf Culb, Lexington, KY: higher priced homes
- Meadow Wood, Aurora, CO: higher priced homes
- Nevin Community, Charlotte, NC: higher priced homes
- Normandy Isles, North Bay Village, FL: higher priced homes
- Pocono Farms, Tobyhanna, PA: higher priced homes
- Rancho El Dorado, Silver Bell, AZ: higher priced homes
- Little Italy, San Diego, CA: higher priced homes
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