Home prices
Akron's median home value is $82,400. It is about $57,920 (41%) lower compared to nearby areas.It is roughly $135,100 (62%) lower in comparison to the rest of the country, and it is about $12,800 (18%) higher compared to the city of Cleveland.
Rents
The median rent in Akron is $759 per month. It is approximately $57 (7%) lower in comparison to nearby areas.In comparison to the entire country it is about $303 (28%) lower, and it is approximately $40 (5%) higher compared to the city of Cleveland.
Nearby places
Sawyerwood
Sawyerwood is Akron's neighbor to the southeast. The real estate prices there are a lot less expensive. The value of the median home in Sawyerwood is $61,000, which comes out to $21,400 (35%) lower than Akron. Its rents are a bit less expensive. Sawyerwood's median rent is $616 per month, which comes out to $143 (23%) lower than Akron.
Tallmadge
Tallmadge is Akron's neighbor to the east. Its real estate prices are substantially more expensive. Tallmadge's median home cost is $172,900, which is $90,500 (52%) higher than Akron. Rent there is fairly similar. In Tallmadge the median rent is $775 a month, which is $16 (2%) higher than Akron.
Portage Lakes
Portage Lakes is Akron's neighbor to the south. Housing prices there are a lot more expensive. The median home in Portage Lakes is valued at $135,200, which is $52,800 (39%) higher than Akron. Its rents are a bit more expensive. The median rent in Portage Lakes is $901 a month, which is $142 (15%) higher than Akron.
Fairlawn
Fairlawn is Akron's neighbor to the northwest. Its housing prices are a lot more expensive. The median home price in Fairlawn is $171,700, which comes out to $89,300 (52%) higher than Akron. Rent there is a bit more expensive. The median rent in Fairlawn is $1,021 per month, which comes out to $262 (25%) higher than Akron.
Munroe Falls
Munroe Falls is about 5 miles northeast of Akron. Real estate prices there are a lot more expensive. The median home in Munroe Falls costs $160,800, which works out to $78,400 (48%) higher than Akron. Rents there are similar. Munroe Falls's median rent is $769 per month, which comes out to $10 (1%) higher than Akron.
