Cheap Apartments for Rent in the Downtown Akron Neighborhood of Akron, OH from $300 (34 Rentals)

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

Don't Sleep on Akron: A Renter's Guide to the City's Best Neighborhoods

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Channelwood Village
2 to 4 Bedroom Apartments

Channelwood Village

731 Dunbar DrAkron, OH 44311
  • Utilities Included

Akron's Best Affordable Neighborhoods

Learn about Akron and the best places to live with original content written by our Local Expert Catrina Cowart

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389 Sherman St
Studio to 1 Bedroom Apartments

389 Sherman St

389 Sherman StAkron, OH 44311
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409 Sherman St
1 Bedroom Apartments

409 Sherman St

409 Sherman StAkron, OH 44311
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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
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833 Brown St
1 Bedroom Apartments

833 Brown St

833 Brown StAkron, OH 44311

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!

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Showing Results 1-34, 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 $550. 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$550
409 Sherman St1 Beds, 1 Baths1BR,1BA$695
389 Sherman St1 Beds, 1 Baths1BR,1BA$695
Cedar Knoll ApartmentsCedar Knoll: 2 Bed 1 Bath | 650 sqft | FULL rem...2BR,1BA$900
401 LoftsStudioStudio,1BA$983
146 King Dr1/11BR,1BA$1,000
400 Sumner St2 Bedroom2BR,2BA$1,100

Best Value Apartments for Rent in Downtown Akron, OH

As of August 14, 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 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 starting at $1,400 with a $1.01 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 Housing5 Bedroom - Unit Monthly Rate5BR,5BA$1.11
The Towers/Fir HillThree Bedroom Two Bath3BR,2BA$1.01
University Commons Apartments4BR / 2 bath4BR,2BA$1.18
Canal Square ApartmentsUpdated 2 Bedroom 2 Bathroom2BR,2BA$1.36
569 E Exchange St, Unit 560569 E Exchange St3BR,1BA$0.81
146 King Dr1/11BR,1BA$1.14
Cedar Knoll ApartmentsCedar Knoll: 2 Bed 1 Bath | 650 sqft | FULL rem...2BR,1BA$1.38
26 Christie St, Unit #426 Christie St1BR,1BA$1.21
Summit at GlendaleTwo bedroom2BR,1BA$1.36
681-687 Carroll St685 - Unfurnished5BR,5BA$1.29

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 $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 33 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 $638 which is $748 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

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Dont Sleep on Akron: A Renter's Guide to the Citys Best Neighborhoods

Written by: Catrina Cowart

Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Akron, Ohio.

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A Local Expert’s Guide To The Top Neighborhoods to Rent for Students in Akron

Written by: Catrina Cowart

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.

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

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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