
Cheap Apartments for Rent in the Downtown Akron Neighborhood of Akron, OH from $400 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Akron area of Akron.


681-687 Carroll St

840 5th Ave

Summit at Glendale

Total Monthly Price
721 Sumner St

College Street Apartments

Total Monthly Price
26 Christie St, Unit #4

775 Excelsior Ave

417 Sherman St

Total Monthly Price
44 S Bates St, Unit 1
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779 E Exchange St

400 Sumner St

403 Spicer Street

470 Allyn St

783 E Exchange St

Total Monthly Price
569 E Exchange St, Unit 560

Cedar Knoll Apartments

866 Beardsley St

467 Spicer Street

469 Spicer Street
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349 Cleveland St

1127 Victory St

165 Oak Park Dr

586 Johnston Ct

662 Sumner St

190 W Miller Ave, Unit 2

182 Westwood Ave

1071 Fairbanks Pl

503 Allyn St

Total Monthly Price
228 Gale St, Unit Top Unit
Akron's Best Affordable Neighborhoods
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555 Lumiere St

Vine Street Apartments

Channelwood Village

Cross Street Apartments

465 Courtney Pl

389 Sherman St

409 Sherman St

207 Myrtle Pl

Carroll Street Apartments

East Buchtel Place
Downtown Akron - One of the Best Affordable Neighborhoods in Akron
Named as one of the Best Affordable Neighborhoods to rent in Akron by our Local Expert Catrina Cowart. See how it ranks!

658 Sherman St

833 Brown St

778 Yale St

391 E Voris St

159-166 Walnut Ter

796 Brown St

435 Windsor St

688 Kipling St

487 Crouse St

455 Spicer Street
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Downtown Akron, Akron, OH Local Guide

How much does it cost to rent an apartment in Downtown Akron?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Akron Studio Apartments | $983 | $620 | $1,175 |
| Downtown Akron 1 Bedroom Apartments | $1,182 | $400 | $1,750 |
| Downtown Akron 2 Bedroom Apartments | $1,459 | $750 | $2,803 |
| Downtown Akron 3 Bedroom Apartments | $1,261 | $623 | $2,985 |
| Downtown Akron 4 Bedroom Apartments | $1,023 | $459 | $1,871 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the Downtown Akron Neighborhood of Akron, OH.
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Downtown Akron, Akron, OH Local Guide
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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 $550. Here are the most affordable Downtown Akron apartments for rent in Akron, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Akron U Townhomes - Student Housing | 4 Bedroom 1 Bonus Room - 4 Person Rate | 5BR, 5BA | $525 |
| Summit at Glendale | One bedroom | 1BR, 1BA | $550 |
| College Street Apartments | Studio | Studio, 1BA | $620 |
| 409 Sherman St | 1 Beds, 1 Baths | 1BR, 1BA | $695 |
| 389 Sherman St | 1 Beds, 1 Baths | 1BR, 1BA | $695 |
| Cedar Knoll Apartments | Cedar Knoll: 2 Bed 1 Bath | 650 sqft | FULL rem... | 2BR, 1BA | $900 |
Best Value Apartments for Rent in Downtown Akron, OH
As of September 29, 2026 the best value apartment in the Downtown Akron area is the $1.11 price per square foot 5 Bedroom - Unit Monthly Rate Model at Akron U Townhomes - Student Housing in the University Area neighborhood starting from $1,775. The second greatest value Downtown Akron apartment is the Three Bedroom Two Bath Model at The Towers/Fir Hill in the University Area neighborhood starting at $1,400 with a $1.01 price per square foot. Here is today’s list of the best values for Downtown Akron apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Akron U Townhomes - Student Housing | 5 Bedroom - Unit Monthly Rate | 5BR, 5BA | $1.11 |
| The Towers/Fir Hill | Three Bedroom Two Bath | 3BR, 2BA | $1.01 |
| 837 Sumner St | 4 Bed 1 Bath | 4BR, 1BA | $1.08 |
| University Commons Apartments | 3 BR / 2 bath & office | 3BR, 2BA | $1.15 |
| 569 E Exchange St, Unit 560 | 569 E Exchange St | 3BR, 1BA | $0.81 |
| 721 Sumner St | 721 Sumner St | 1BR, 1BA | $0.88 |
| 44 S Bates St, Unit 1 | 44 S Bates St | 3BR, 1BA | $0.99 |
| 26 Christie St, Unit #4 | 26 Christie St | 1BR, 1BA | $1.12 |
| College Street Apartments | Studio | Studio, 1BA | $1.24 |
| 681-687 Carroll St | 685 - Unfurnished | 5BR, 5BA | $1.29 |
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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.
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 $900.
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 $550, while the average apartment in Downtown Akron costs $1,386.
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 53 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 $647 which is $739 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.
Helpful Local Expert Guides

Don't Sleep on Akron: A Renter's Guide to the City's Best Neighborhoods
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Akron, Ohio.

A Local Expert’s Guide To The Top Neighborhoods to Rent for Students in Akron
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Hi, I'm Catrina, and I'm your ApartmentHomeLiving.com Local Expert for Akron, Ohio, and the surrounding region. If you're from Ohio, you're probably familiar with Akron.

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