2025 Compare Cities Housing:
Lakewood, OH vs Akron, OH

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Highlights
- The median age of a home in Lakewood is 3.1% younger than the median age of a home in Akron.
 Lakewood, OHAkron, OHUnited States
 Median Home Age65  Unlock42
 Median Home Cost  Unlock$106,100$338,100
 Home Appr. Last 12 months12.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock57.0%57.0%
 Home Appr. Last 10 yrs.79.6%  Unlock101.1%
 Property Tax Rate  Unlock$20.0$11.0
 Homes Owned40.7%  Unlock57.4%
 Housing Vacant  Unlock10.3%11.2%
 Homes Rented52.0%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Lakewood, OHAkron, OHUnited States
 Average Rent  Unlock$1,200$1,840
 Studio Apartment$750  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$760$1,180
 2 Bedroom Home or Apartment$1,040  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,210$1,860
 4 Bedroom Home or Apartment$1,430  Unlock$2,160
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 Vacant Housing
 Lakewood, OHAkron, OHUnited States
 Vacant For Rent  Unlock1.7%1.9%
 Vacant Rented0.4%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock0.2%3.6%
 Vacant Other3.8%  Unlock4.1%
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 Owner-Occupied Housing Value
 Lakewood, OHAkron, OHUnited States
 Less Than $20,000  Unlock2.0%2.6%
 $20,000 to $39,9991.2%  Unlock2.4%
 $40,000 to $59,999  Unlock14.1%2.8%
 $60,000 to $79,9992.4%  Unlock3.9%
 $80,000 to $99,999  Unlock17.2%4.5%
 $100,000 to $149,99921.3%  Unlock11.3%
 $150,000 to $199,999  Unlock9.8%13.0%
 $200,000 to $299,99926.6%  Unlock20.1%
 $300,000 to $399,999  Unlock2.5%13.6%
 $400,000 to $499,9992.4%  Unlock8.3%
 $500,000 to $749,999  Unlock1.2%9.7%
 $750,000 to $999,9991.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Lakewood, OHAkron, OHUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock3.4%13.6%
 2000 to 20090.6%  Unlock13.6%
 1990 to 1999  Unlock5.1%13.6%
 1980 to 19892.4%  Unlock13.2%
 1970 to 1979  Unlock9.5%14.8%
 1960 to 19691.6%  Unlock13.6%
 1950 to 1959  Unlock19.2%10.0%
 1940 to 19496.8%  Unlock4.7%
 1939 or Earlier  Unlock33.3%12.2%
Reviews for Lakewood    7 Reviews

Over 11 years ago

Lakewood, Ohio has the best of everything. Restaurants, small business, walkability, library, theater, schools, century homes, front porches, neighborhoods, parks, Lake  More

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Over 12 years ago

If you get a job in Cleveland, THIS IS THE PLACE TO LIVE! It has something for everybody. I was raised here and never knew anything else at this time. Once I went away  More

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Over 12 years ago

I haven't lived here, but have spent a lot of time in the area, and most certainly will move here when I finally can move back to the Cleveland area in a few years. I  More

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Reviews for Akron    31 Reviews

Over 4 years ago

I grew up and lived in Akron, OH for a majority of my life, with the exception of living in Panama City, FL for 8 years. The town is pretty decent, affordable utilities,  More

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Over 4 years ago

This area is completely run down. Ghetto with a capital  More

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My goodness, I had to create an account to counterbalance all the negative people. I grew up in Ellet, went to an Akron Public School, graduated with a bachelor's from  More

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