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Akron, OH

Is Akron a good place to buy rental property in 2026?

Short answer: yes — for cash-flow investors. Akron's median cap rate runs about 8.5% (Ohio state median), above the ~6.5% national median, with typical rent at $1,268–$1,547/mo and Ohio property tax near 1.59%.

Akron is a high-cap Rust Belt cash-flow market tied to Cleveland-area demand — low entry prices and strong rent ratios for disciplined operators.

Akron market snapshot

Cash-flow market

Higher typical cap rates — built for monthly cash flow more than price growth.

Typical cap rate

8.5%

Ohio state median

Typical rent

$1,268–$1,547/mo

HUD FMR · 2–3BR · 2026

Typical price

$120,000–$200,000

est., all-in

Property tax

1.59%

Ohio effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated July 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

What rents actually look like in Akron

One number never tells the story — HUD publishes ZIP-level Small Area Fair Market Rents for the Akron, OH metro area, the metro-wide FMR region that includes Akron, and the spread across its ZIP codes is where deals are won or lost. Same purchase price, different ZIP, very different rent.

HUD Small Area Fair Market Rent by ZIP code, Akron, OH metro area, FY2026
ZIP code2BR rent3BR rent
44056$1,900/mo$2,320/mo
44087$1,600/mo$1,950/mo
44221$1,380/mo$1,680/mo
44211$1,300/mo$1,590/mo
44240$1,280/mo$1,560/mo
44210$1,260/mo$1,540/mo
44334$1,260/mo$1,540/mo
44304$1,200/mo$1,460/mo
44320$1,150/mo$1,400/mo
44308$1,120/mo$1,360/mo
44412$1,020/mo$1,260/mo
44470$970/mo$1,270/mo

Showing 12 of 71 ZIP codes in the Akron, OH metro area — the HUD FMR region that includes Akron — sampled highest to lowest across the rent range. Source: HUD FY2026 Small Area Fair Market Rents. TrueCap auto-fills the exact ZIP-level figure when you enter a Akron address.

Why Akron works for rental investors

Yields are excellent on paper; older housing stock means capex discipline matters. Best for operators who reserve properly and screen tenants well.

See the full Ohio investing guide — taxes, landlord law & top metros →

Neighborhoods to look at in Akron

West Akron

Desirable, stable, strong demand.

Cuyahoga Falls

Suburb, low vacancy, reliable tenants.

Kenmore

Value-add, higher cash flow.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Akron deal in 60 seconds

Paste a Akron address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Ohio tax and HUD rent so you start from the right assumptions.

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