Apartments in Summit Lake Akron

31 - 52 of 52 Results
9
$850
Akron, OH
2 BR | Available Now
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21
$1,300
Akron, OH
4 BR | Available Now
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11
$1,200
Akron, OH
2 BR | Available Now
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House
Dishwasher
$675
Akron, OH
2 BR | Available Now
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Disability Access
$900
796 Brown St Akron, OH
4 BR | Available Now
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Dog Friendly
Cat Friendly
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39
$875 - 975
376 W Cedar St Akron, OH
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
9
$650
833 Brown St Akron, OH
1 BR | Available Now
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Storage
Disability Access
5
$850
Akron, OH
1 BR | Available Now
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13
$1,100
958 Mercer Ave Akron, OH
3 BR | Available Now
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House
13
$795 - 820
Akron, OH
1 - 2 BR | Available Now
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Air Conditioning
11
$1,235
Akron, OH
3 BR | Ask for Availability
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Dog Friendly
Cat Friendly
House
10
$850
Akron, OH
2 BR | Ask for Availability
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7
$925
Akron, OH
2 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Senior Community
House
17
$1,100
Akron, OH
4 BR | Available Now
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House
$1,100
1197 Florida Ave Akron, OH
3 BR | Available Now
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House
10
$1,295
Akron, OH
4 BR | Available Now
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Dog Friendly
Cat Friendly
9
$895
Akron, OH
2 BR | Available Now
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Dog Friendly
Cat Friendly
10
$795
1102 Allendale Ave Akron, OH
3 BR | Available Now
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Coventry
16
$1,000
Akron, OH
3 BR | Available Now
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Cat Friendly
House
Coventry
16
$990
1292 W Wilbeth Rd Akron, OH
3 BR | Available Now
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2
$725
1566 & 1588 Coventry Street Akron, OH
1 BR | Available Now
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Surface Parking
Storage
Disability Access
Coventry
43
$1,100 - 1,350
55 Fir Hill Dr Akron, OH
2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
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Pool
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Akron:
May Rent Report

Welcome to the May 2024 Akron Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Akron rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Akron and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Akron average rent prices in the chart below.

Monthly Rent Report

$1,050
$790
$530
$260
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Akron Rent Prices Increase From April to May

Akron rent prices increased over the last month. From April to May, the city experienced a 0.13% increase for the price of a one-bedroom apartment. The rent price for a Akron one-bedroom apartments currently stands at $755.0.

When we take a look at the two-bedroom comparison from April to May, Akron experienced a -2.41% decrease for the price of a two-bedroom apartment. The rent price for a Akron two-bedroom apartments currently stands at $892.0.

May Prices: Akron vs. Surrounding Areas

Kent, OH
Brunswick, OH
Norton, OH
Cuyahoga Falls, OH
Stow, OH
Akron, OH
$1,573
$1,160
$1,088
$1,053
$1,038
$754
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Akron and Surrounding Areas

Rent prices have increased in Akron over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Akron suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Kent, OH, Cuyahoga Falls, OH, Stow, OH .

  • Rent decreased in Brunswick, OH, Norton, OH.

  • 5 suburbs are currently priced higher than the city of Akron.

May 2024 Pricing Trends: Akron vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Akron, OH
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$754
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Akron Rent Prices More Affordable Than Major Cities

Rent growth in Akron over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Akron average rent prices appear to be relatively affordable for local residents.

The price for a Akron one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Akron and surrounding area rent prices, take a look at the complete data set below.

Data set for Akron and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Akron, OH $754.0 0.27% $914.0 -1.83%
Kent, OH $1,573.0 8.78% $1,841.0 2.39%
Brunswick, OH $1,160.0 0.00% $1,740.0 0.69%
Cuyahoga Falls, OH $1,053.0 1.06% $1,386.0 -0.86%
Stow, OH $1,038.0 7.79% $3,323.0 -0.18%
Norton, OH $1,088.0 -1.98% $1,276.0 -2.89%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.