Cheap Apartments for Rent in the Downtown Akron Neighborhood of Akron, OH from $400 (56 Rentals)

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

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

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 580 Baird St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

580 Baird St

AkronOH44311
property at 656 Hammel St

$1,000 - $1,045

2 To 3 Bedroom Rentals

Available Now

656 Hammel St

AkronOH44306
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Channelwood Village
2 to 4 Bedroom Apartments

Channelwood Village

731 Dunbar DrAkron, OH 44311
  • Utilities Included

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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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

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

Ready to rent in Akron? Our local expert knows every corner of the city and breaks down the best neighborhoods for every lifestyle — whether you want walkability, nature, nightlife, or quiet residential streets.

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Showing Results 1-50, Page 1 of 2

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
159-166 Walnut Ter3 Beds, 1 Baths3BR,1BA$895
University Commons Apartments1BR / 1 bath - FP 11BR,1BA$925
Cedar Knoll ApartmentsCedar Knoll: 2 Bed 1 Bath - Upgraded2BR,1BA$950
401 LoftsStudioStudio,1BA$983
146 King Dr2/12BR,1BA$1,000

Best Value Apartments for Rent in Downtown Akron, OH

As of June 24, 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 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 Housing3 Bedroom 2 Bonus Room - 3 Person Rate5BR,5BA$0.43
The Towers/Fir HillThree Bedroom Two Bath3BR,2BA$1.01
Spicer Village Townhomes and ApartmentsHuron2BR,2BA$0.95
Gothic Apartments2 Bed 1 Bath2BR,1BA$1.03
569 E Exchange St, Unit 560569 E Exchange St3BR,1BA$0.81
26 S Adams St, Unit #326 S Adams St2BR,1BA$0.78
119 Dawes Ave1.5/11BR,1BA$1.14
146 King Dr2/12BR,1BA$1.14
15 S Walnut St, Unit 415 S Walnut St2BR,1BA$0.79
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 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 $1,459.

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 27 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 $534 which is $925 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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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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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 Dont Sleep on Akron: A Renters Guide to the Citys Best Neighborhoods article

Dont Sleep on Akron: A Renters 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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