Home Markets Akron, OH
📊 Ohio · Housing Market 2026

Akron Housing Market Data 2026

Median prices, cap rates, rent benchmarks, and investment outlook for Akron, Ohio — data sourced from Zillow, HUD FMR, and Census ACS.
🟡 Moderate Market Median Price:$158,000 Cap Rate:8.9% Vacancy:9.5%
$158,000
Median Home Price
YoY: +3.5%
8.9%
Avg Cap Rate
Cash-on-cash: 8.1%
$1,190
Median Rent (2BR/mo)
YoY: +2.0%
9.5%
Vacancy Rate
High — watch carefully
52 days
Days on Market
Moderate pace
$158,000 / 8.9%
Price / Cap Rate
🟡 Moderate Market

📈 Market Analysis — Akron, OH

**2026 Akron, Ohio Market Analysis: Defensive Yield and Income Stability**

As we

🏘️ Rent Breakdown — HUD Fair Market Rents

HUD Fair Market Rent represents the 40th percentile of gross rents paid by recent movers in Akron. Used as a benchmark for Section 8 voucher limits and rental market analysis.

Bedroom Count Monthly Rent (HUD FMR) Annual Rental Income Est. Cap Rate at Median Price
1 Bedroom $910/mo $10,920/yr 4.8% est.
2 Bedrooms $1,190/mo $14,280/yr 6.3% est.
3 Bedrooms $1,590/mo $19,080/yr 8.5% est.
* Estimated cap rate uses the 70% rule (30% reserved for expenses). Actual cap rates vary by property and management style.

💰 Cost of Investing in Akron

Cost ItemRate / AmountEst. Annual CostMonthly Cost
Property Tax 1.5% effective rate $2,386 $199/mo
Homeowners Insurance Ohio avg premium $1,400 $117/mo
Total Tax + Insurance Based on median home price of $158,000 $316/mo

These figures reflect state-level averages. Property tax rates vary by county; insurance costs vary by property type, age, and claims history. Source: Tax Foundation (2025), NAIC (2024).

⚖️ How Akron Compares to National Averages

Avg Cap Rate
8.9%
National avg: 5.5%
✓ Above average
Median Home Price
$158,000
National avg: $371,696
✓ More affordable
Vacancy Rate
9.5%
National avg: 7.8%
Above avg vacancy
2BR Median Rent
$1,190/mo
National avg: $1,469/mo
Days on Market
52 days
National avg: 41 days
Price Growth YoY
+3.5%
National avg: +3.6%

National averages calculated across all 69 tracked US investor markets. A cap rate above the national average suggests stronger cash flow potential relative to purchase price.

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