What's a good cap rate in Akron?

In Akron, cap rates typically run around 8.5% (Ohio state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Akron deal lands versus this benchmark.

What's the average rent for a rental in Akron?

A typical rental in Akron runs about $1,268–$1,547/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Ohio?

Ohio's effective property tax rate is about 1.59% of value per year — the figure TrueCap applies by default for Akron deals. You can override it with the exact local rate.

Akron, OH

Akron rental property analysis

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 June 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.

Is Akron a good place to buy rentals?

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 Ohioinvesting 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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