Apartments Under $500 in Akron, OH

Apartments Under $500 in Akron, OH: July Rental Information

Welcome to the July 2026 Akron Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2026 key findings and figures for the Akron rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Akron and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Akron. Whether you're a student looking for a budget-friendly rental or a young professional on a tight budget, Rentable's Akron Apartment Report will help you make the most informed decision when searching for your next apartment.

This month, the typical cost to rent a one-bedroom apartment in Akron stands at $830, with the majority falling between $650 and $1,620. Out of the 675 one-bedroom apartments currently on the market in Akron, 6 are priced below $500, accounting for 1% of the total available one-bedroom units in Akron.

Available Apartments Under $500: Akron vs. Surrounding Areas

Akron, OH

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In July 2026, there are a variety of affordable apartments available for rent in Akron, OH, and its surrounding cities. The chart above displays the number of apartments under $500 in Akron and the surrounding cities of Brunswick, Seville, Wadsworth, Munroe Falls, Fairlawn, Macedonia, Aurora, Hudson, Barberton, Ravenna, Stow, Streetsboro, Reminderville, Richfield, Norton, Tallmadge, Rittman, Medina, Kent, Twinsburg, City of Cuyahoga Falls, Copley, Mantua, and Cuyahoga Falls. As of now, the total inventory in the Akron, OH metro area is 9. This provides individuals looking for affordable housing options with a range of choices throughout the region. Whether you prefer the bustling city life of Akron or the quieter neighborhoods of the surrounding cities, there are plenty of budget-friendly apartments to consider.

Apartments Under $500 Now vs. Last Month: Akron and Surrounding Areas

City	Apartments Under $500 in July	M/M % Change
Akron, OH	7	+1.39%
Streetsboro, OH	1	+1.0%
Cuyahoga Falls, OH	1	+1.0%
Seville, OH	1	+0.8%
Tallmadge, OH	1	+1.33%

Looking for Apartments Under $500 in Akron?

Available apartments under $500	7
Top amenities	Disability Access, On Site Laundry, Refrigerator, Smoke Free Community, Garage Attached
1 Bedroom	2
2 Bedroom	1
6 Bedroom	1

Apartments Under $500 in Akron, OH

How many apartments under $500 are available in Akron, OH on Rentable.co?

How many one-bedroom apartments under $500 are available in Akron?

How many two-bedroom apartments under $500 are available in Akron?

Can I afford a apartment under $500 in Akron, OH?

Which neighborhoods have the most apartments under $500 for rent in Akron, OH?