Cheap Apartments for Rent in the Downtown Akron Neighborhood of Akron, OH from $300 (45 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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property at 309 Power St

$500 - $2,100

1 To 5 Bedroom Rentals

Available Now

309 Power St

AkronOH44311
property at 485 Allyn St

$500 - $2,100

5 To 6 Bedroom Rentals

Available Now

485 Allyn St

AkronOH44304

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 96 Hall St

$775 - $945

1 To 2 Bedroom Rentals

Available Now

96 Hall St

AkronOH44303

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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241 Perkins St
1 Bedroom Apartments

241 Perkins St

241 Perkins StAkron, OH 44304
Senior Living
  • Utilities Included
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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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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 $415. Summit at Glendale has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here are the most affordable Downtown Akron apartments for rent in Akron, OH:

Apartment ListingModel NameBed/BathPriced From
Akron U Townhomes - Student Housing5 Bedroom - Per Person5BR,5BA$415
Summit at GlendaleOne bedroom1BR,1BA$500
College Street ApartmentsStudioStudio,1BA$620
36 Lake St1 Bed 1 Bath1BR,1BA$700
East Buchtel Place1 Beds, 1 Baths1BR,1BA$750
The Towers/Fir HillStudioStudio,1BA$795

Best Value Apartments for Rent in Downtown Akron, OH

As of February 01, 2026 the best value apartment in the Downtown Akron area is the $0.41 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 $655. The second greatest value Downtown Akron apartment is the 0 bed / 1 bath Model at University Commons Apartments starting at $1,250 with a $0.89 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$0.41
University Commons Apartments0 bed / 1 bathStudio ,1BA$0.89
Gothic Apartments2 Bed 1 Bath2BR,1BA$1.07
Spicer Village Townhomes and ApartmentsErie2BR,2BA$1.03
26 S Adams St, Unit # 126 S Adams St2BR,1BA$0.38
84 Bittman St, Unit UP84 Bittman St3BR,1BA$1.02
721 Sumner St, Unit 1721 Sumner St2BR,1BA$1.00
44 S Bates St, Unit 144 S Bates St3BR,1BA$0.99
59 N Arlington St, Unit 159 N Arlington St1BR,1BA$1.08
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

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 $795.

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 $500, while the average apartment in Downtown Akron costs $1,286.

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 30 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 $446 which is $840 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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.