Midwest · Population 190K+

Real Estate Investing in Akron, OH

Akron offers very affordable real estate with strong rental yields. The University of Akron and proximity to Cleveland provide employment and rental demand for this cash-flow market.

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Median Price
$200K-$270K
Avg Rent
$1,050-$1,450
Cap Rate
3-6%
Price/Rent
14-18

Why Invest in Akron?

  • 1
    Very affordable entry
  • 2
    University of Akron demand
  • 3
    Proximity to Cleveland economy
  • 4
    High cap rate potential

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Frequently Asked Questions

Is Akron, OH a good place to invest in rental property?

Akron offers cap rates in the 3-6% range with median home prices of $200K-$270K and average rents of $1,050-$1,450. Very affordable entry and university of akron demand make it attractive for investors. Use PropertyDNA to analyze specific properties and run the numbers.

What is the average rent in Akron, OH?

Average rents in Akron typically range from $1,050-$1,450 depending on the property type, size, location, and condition. The price-to-rent ratio is approximately 14-18, which helps determine cash flow potential.

What cap rate can I expect in Akron?

Cap rates in Akron generally range from 3-6% depending on the neighborhood, property type, and condition. Higher cap rates are typically found in Class B and C neighborhoods, while lower cap rates are in premium areas with stronger appreciation.

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