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Akron Reporter

Monday, December 30, 2024

Akron 2-bedroom rent decreases by 2.7% in May

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Rental prices for 2-bedroom units in Akron decreased by 2.7 percent compared to May of last year, according to Zumper.

The average price for a 2-bedroom in Akron was $710, representing a 2.7 percent decrease over the previous month.

According to RealPage, May of 2020 saw the first year over year decline in asking rents since 2010. While in September of 2020, the average home price on Realtor.com was over $350,000, up over 10 percent from the previous year according to Norada.

Single Bedroom Pricing
Metro AreaMedian PriceMonthly Change %Annual Change %
Akron$590-3.311.3

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