
Cheap Homes for Rent in Downtown Akron Neighborhood of Akron, OH from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Akron area of Akron.


687 Carroll St

438 Crestwood Ave

465 Courtney Pl

485 Crouse St
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.

778 Yale St

208 Denver St

418 Crestwood Ave

429 Lovisa St

796 Brown St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Downtown Akron, Akron, OH Local Guide

How much does it cost to rent a home in Downtown Akron?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Akron 2 Bedroom Homes for Rent | $982 | $675 | $1,300 |
| Downtown Akron 3 Bedroom Homes for Rent | $1,241 | $895 | $1,495 |
| Downtown Akron 4 Bedroom Homes for Rent | $1,324 | $900 | $1,500 |
| Downtown Akron 5 Bedroom Homes for Rent | $1,380 | $1,295 | $1,550 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Akron Neighborhood of Akron, OH.
Explore Akron
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 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 | $600 |
| College Street Apartments | Studio | Studio,1BA | $620 |
Best Value Apartments for Rent in Downtown Akron, OH
As of May 08, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Akron U Townhomes - Student Housing | 3 Bedroom 2 Bonus Room - 3 Person Rate | 5BR,5BA | $0.43 |
| 681 Carroll St, Unit Number 681 | 681 Carroll St | 5BR,5BA | $1.17 |
| University Commons Apartments | 4BR / 2 bath | 4BR,2BA | $1.18 |
| Gothic Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.18 |
| 146 King Dr | 2/1 | 2BR,1BA | $1.25 |
| 119 Dawes Ave | 1.5/1 | 1BR,1BA | $1.14 |
| 15 S Walnut St, Unit 4 | 15 S Walnut St | 2BR,1BA | $0.79 |
| The Towers/Fir Hill | Studio | Studio ,1BA | $1.17 |
| College Street Apartments | Studio | Studio ,1BA | $1.24 |
| 685 Carroll St, Unit 685 | 685 Carroll St | Studio ,1BA | $1.07 |
Frequently Asked Questions about Downtown Akron
What type of rentals are currently available in Downtown Akron?
There are currently 162 Apartments for Rent in Downtown Akron, OH with pricing that ranges from $375 to $2,985. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Akron ranging from $500 to $1,550.
What is the current price range for Rental Homes in Downtown Akron?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Akron ranges from $500 to $1,550 with an average monthly rent of $1,068.
How much are larger Three and Four Bedroom Rentals in Downtown Akron?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Akron range from $589 to $2,985, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $1,495. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $489.
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

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.

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.

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.

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.