Cheap Apartments for Rent in the Downtown Akron Neighborhood of Akron, OH from $300 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Akron area of Akron.

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Channelwood Village
2 to 4 Bedroom Apartments

Channelwood Village

731 Dunbar DrAkron, OH 44311
  • Utilities Included
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36 Lake St
1 Bedroom Apartments

36 Lake St

36 Lake StAkron, OH 44301
  • Smoke Free

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Carroll Street Apartments
1 to 2 Bedroom Apartments

Carroll Street Apartments

525 Carroll StAkron, OH 44304
Student Housing
  • Utilities Included
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East Buchtel Place
1 to 5 Bedroom Apartments

East Buchtel Place

591 E Buchtel AveAkron, OH 44304
Student Housing
  • Utilities Included
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833 Brown St
1 Bedroom Apartments

833 Brown St

833 Brown StAkron, OH 44311

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-36, Page 1 of 1

Downtown Akron, Akron, OH Local Guide

Cheapest Available Downtown Akron Apartments for Rent

 

The cheapest available apartment rental in the Downtown Akron area of Akron, OH is a 5 Beds unit found at Akron U Townhomes - Student Housing priced from $525. Summit at Glendale has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Downtown Akron apartments for rent in Akron, OH:

Apartment ListingModel NameBed/BathPriced From
Akron U Townhomes - Student Housing4 Bedroom 1 Bonus Room - 4 Person Rate5BR,5BA$525
Summit at GlendaleOne bedroom1BR,1BA$600
College Street ApartmentsStudioStudio,1BA$620
The Towers/Fir HillStudioStudio,1BA$750
East Buchtel Place1 Beds, 1 Baths1BR,1BA$750
Cedar Knoll ApartmentsCedar Knoll: 2 Bed 1 Bath - Upgraded2BR,1BA$885
119 Dawes Ave1.5/11BR,1BA$1,000
146 King Dr2/12BR,1BA$1,100

Best Value Apartments for Rent in Downtown Akron, OH

As of May 09, 2026 the best value apartment in the Downtown Akron area is the $0.43 price per square foot 3 Bedroom 2 Bonus Room - 3 Person Rate Model at Akron U Townhomes - Student Housing in the in the University Area neighborhood starting from $695. The second greatest value Downtown Akron apartment is the 681 Carroll St Model at 681 Carroll St, Unit Number 681 starting at $1,750 with a $1.17 price per square foot in the University Area neighborhood. Here is today’s list of the best values for Downtown Akron apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Akron U Townhomes - Student Housing3 Bedroom 2 Bonus Room - 3 Person Rate5BR,5BA$0.43
681 Carroll St, Unit Number 681681 Carroll St5BR,5BA$1.17
University Commons Apartments4BR / 2 bath4BR,2BA$1.18
Gothic Apartments2 Bed 1 Bath2BR,1BA$1.18
146 King Dr2/12BR,1BA$1.25
119 Dawes Ave1.5/11BR,1BA$1.14
15 S Walnut St, Unit 415 S Walnut St2BR,1BA$0.79
The Towers/Fir HillStudioStudio ,1BA$1.17
College Street ApartmentsStudioStudio ,1BA$1.24
685 Carroll St, Unit 685685 Carroll StStudio ,1BA$1.07

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Akron, Ohio. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Akron Apartments

What is a cheap apartment in Downtown Akron?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Akron is under $1,100.

What is the price of a cheap apartment in Downtown Akron?

The cheapest apartment in Downtown Akron is Summit at Glendale which is listed at $600, while the average apartment in Downtown Akron costs $1,402.

What types of apartments are the cheapest in Downtown Akron?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 31 regular apartments in Downtown Akron that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Akron?

Cheap apartments in Downtown Akron have an average cost of $497 which is $905 cheaper than the average rent for all rentals in Downtown Akron.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Akron, OH

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.com Local Expert for Akron, and I'm here to talk to you about this city that is a bustling part of Northeastern Ohio.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.