Housing in Akron, Ohio

The median home cost in Akron is $66,500. Home appreciation the last 10 years has been 3.7%. Home Appreciation in Akron is up 8.3%. Browse Akron Real Estate

Average Age of Homes

- The median age of Akron real estate is 62 years old

The Rental Market in Akron

- Renters make up 39.9% of the Akron population
- 3.3% of houses and apartments in Akron, are available to rent

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DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

HOUSING	Akron, Ohio	United States
Median Home Age	64	40
Median Home Cost	$66,500	$231,200
Home Appr. Last 12 months	8.3%	6.7%
Home Appr. Last 5 yrs.	30.5%	35.6%
Home Appr. Last 10 yrs.	3.7%	27.4%
Property Tax Rate	$20.37	$11.78
Property Taxes Paid	$1,355	$2,724
Homes Owned	44.2%	56.0%
Housing Vacant	13.2%	12.2%
Homes Rented	42.6%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$733	$1,470
Studio Apartment	$500	$821
1 Bedroom Home or Apartment	$585	$930
2 Bedroom Home or Apartment	$766	$1,148
3 Bedroom Home or Apartment	$969	$1,537
4 Bedroom Home or Apartment	$1,040	$1,791
VACANT HOUSING
Vacant For Rent	3.3%	2.1%
Vacant Rented	0.7%	0.5%
Vacant For Sale	1.0%	1.0%
Vacant Sold	0.2%	0.5%
Vacant Vacation	0.1%	4.0%
Vacant Other	7.9%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	2.7%	3.5%
$20,000 to $39,999	6.4%	3.1%
$40,000 to $59,999	16.6%	3.9%
$60,000 to $79,999	24.1%	5.4%
$80,000 to $99,999	18.1%	6.3%
$100,000 to $149,999	15.8%	14.7%
$150,000 to $199,999	7.5%	14.6%
$200,000 to $299,999	5.2%	18.7%
$300,000 to $399,999	1.8%	11.0%
$400,000 to $499,999	0.9%	6.2%
$500,000 to $749,999	0.6%	7.0%
$750,000 to $999,999	0.2%	2.7%
$1,000,000 to $1,499,999	0.1%	1.5%
$1,500,000 to $1,999,999	0.0%	0.5%
$2,000,000 and over	0.1%	0.7%