Housing costs in Akron?
A typical home costs
$59,300, which is 82.5% less expensive than the national average of
$338,100 and 69.9% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Akron costs
$900 per month, which is 8.2% cheaper than the national average of
$980 and 14.4% cheaper than the state average of
$1,030.
Can I afford Akron?
To live comfortably in Akron (zip 44307), Ohio, a minimum annual income of
$11,520 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Akron?
The cost of living in 44307 Akron, OH is relatively low compared to other parts of the country. The median home price in the area is $128,550 as of 2019, which is noticeably lower than the national median at $231,200. At the same time, rent prices are also fairly low at an average of $802 per month for a two bedroom apartment. Additionally, groceries and related expenses are about 9% lower than the national average. All in all, 44307 Akron can be considered to be a quite affordable place to live.