Home prices
The median home price in Akron is $63,100. In comparison to the surrounding areas this is approximately $18,860 (23%) lower.In comparison to the rest of the nation it is approximately $154,400 (70%) lower, and compared to the city of Detroit it is about $13,900 (28%) higher.
Rents
Akron's median monthly rent is $638. Compared to other places in this area it is approximately $46 (6%) lower.Compared to the rest of the nation it is approximately $424 (39%) lower, and compared to the city of Detroit it is roughly $186 (22%) lower.
Nearby places
Fairgrove
Fairgrove is approximately 2 miles southwest of Akron. The housing prices there are a little more expensive. The median home in Fairgrove costs $68,100, which works out to $5,000 (7%) higher than Akron. The rent there is a little more expensive. The median monthly rent in Fairgrove is $725, which comes out to $87 (12%) higher than Akron.
Unionville
Unionville is about 5 miles north of Akron. Its real estate prices are a bit more expensive. The median home in Unionville is valued at $74,800, which is $11,700 (15%) higher than Akron. Rents there are a bit more expensive. The median rent in Unionville is $788 per month, which comes out to $150 (19%) higher than Akron.
Caro
Caro is about 6 miles southeast from Akron. Its housing prices are somewhat more expensive. The median home in Caro is valued at $77,800, which works out to $14,700 (18%) higher than Akron. Rents there are a bit more expensive. Caro's median rent is $697 per month, which works out to $59 (8%) higher than Akron.
Reese
Reese is approximately 10 miles southwest of Akron. Housing prices there are significantly more expensive. The median home cost in Reese is $115,700, which comes out to $52,600 (45%) higher than Akron. Rents there are fairly similar. The median rent in Reese is $641 per month, which is very similar to Akron.
Sebewaing
Sebewaing is about 10 miles north from Akron. Real estate prices there are a bit more expensive. The median home price in Sebewaing is $73,400, which is $10,300 (14%) higher than Akron. Rents there are a little less expensive. In Sebewaing the median monthly rent is $567, which works out to $71 (12%) lower than Akron.