Cheap Homes for Rent in Downtown Akron Neighborhood of Akron, OH from $500 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes 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.

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.

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
College Street ApartmentsStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Akron U Townhomes - Student Housing3 Bedroom 2 Bonus Room - 3 Person Rate5BR,5BA$0.43
681 Carroll St, Unit Number 681681 Carroll St5BR,5BA$1.17
University Commons Apartments4BR / 2 bath4BR,2BA$1.18
Gothic Apartments2 Bed 1 Bath2BR,1BA$1.18
146 King Dr2/12BR,1BA$1.25
119 Dawes Ave1.5/11BR,1BA$1.14
15 S Walnut St, Unit 415 S Walnut St2BR,1BA$0.79
The Towers/Fir HillStudioStudio ,1BA$1.17
College Street ApartmentsStudioStudio ,1BA$1.24
685 Carroll St, Unit 685685 Carroll StStudio ,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

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.