
Cheap Apartments for Rent in the Elizabeth Park Valley Neighborhood of Akron, OH from $400 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elizabeth Park Valley area of Akron.


26 S Adams St, Unit #3, Unit #3

Summit at Glendale

College Street Apartments

392 Bailey Ct

Total Monthly Price
15 S Walnut St, Unit 4, Unit 4
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.

Belle West

The Towers/Fir Hill

55 Cotter Ave, Unit 5

55 Cotter Ave, Unit 5

500-502 Delmar Ave

106 Charles 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.

822 Hazel St

707 Hazel St

124 Dawes Ave

39 N Balch St

165 Oak Park Dr

107 Dawes Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Dakota Ridge

Canal Square Apartments

115 Dawes Ave

208 Denver St

705 Hazel St

119 Dawes Ave
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.

146 King Dr
Elizabeth Park Valley, Akron, OH Local Guide

How much does it cost to rent an apartment in Elizabeth Park Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elizabeth Park Valley Studio Apartments | $698 | $620 | $800 |
| Elizabeth Park Valley 1 Bedroom Apartments | $1,078 | $550 | $1,500 |
| Elizabeth Park Valley 2 Bedroom Apartments | $1,428 | $400 | $2,550 |
| Elizabeth Park Valley 3 Bedroom Apartments | $1,800 | $995 | $2,985 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Elizabeth Park Valley Neighborhood of Akron, OH.
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Elizabeth Park Valley, Akron, OH Local Guide
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Cheapest Available Elizabeth Park Valley Apartments for Rent
 The cheapest available apartment rental in the Elizabeth Park Valley area of Akron, OH is a 1 Bed unit found at Summit at Glendale priced from $600. College Street Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $620. Here are the most affordable Elizabeth Park Valley apartments for rent in Akron, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Summit at Glendale | One bedroom | 1BR,1BA | $600 |
| College Street Apartments | Studio | Studio,1BA | $620 |
| Belle West | Studio | Studio,1BA | $725 |
| The Towers/Fir Hill | Studio | Studio,1BA | $750 |
| 119 Dawes Ave | 1.5/1 | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Elizabeth Park Valley, OH
As of May 25, 2026 the best value apartment in the Elizabeth Park Valley area is the $1.21 price per square foot 3 Bedroom Model at Cascade Lofts in the in the North Hill neighborhood starting from $1,999. The second greatest value Elizabeth Park Valley apartment is the 2 Bed 1 Bath Model at Gothic Apartments starting at $1,390 with a $1.03 price per square foot in the University Area neighborhood. Here is today’s list of the best values for Elizabeth Park Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cascade Lofts | 3 Bedroom | 3BR,2BA | $1.21 |
| Gothic Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.03 |
| Dakota Ridge | Three Bedrooms / One and a Half baths | 3BR,1.5BA | $1.13 |
| Canal Square Apartments | Updated 2 bed | 2BR,1BA | $1.44 |
| 119 Dawes Ave | 1.5/1 | 1BR,1BA | $1.14 |
| 146 King Dr | 2/1 | 2BR,1BA | $1.25 |
| 15 S Walnut St, Unit 4 | 15 S Walnut St | 2BR,1BA | $0.79 |
| The Towers/Fir Hill | Studio | Studio ,1BA | $1.17 |
| Summit at Glendale | Two bedroom | 2BR,1BA | $1.45 |
| College Street Apartments | Studio | Studio ,1BA | $1.24 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States, including Akron. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, family-friendly amenities, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Elizabeth Park Valley Apartments
What is a cheap apartment in Elizabeth Park Valley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elizabeth Park Valley is under $1,390.
What is the price of a cheap apartment in Elizabeth Park Valley?
The cheapest apartment in Elizabeth Park Valley is Summit at Glendale which is listed at $600, while the average apartment in Elizabeth Park Valley costs $1,400.
What types of apartments are the cheapest in Elizabeth Park Valley?
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 4 regular apartments in Elizabeth Park Valley 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 Elizabeth Park Valley?
Cheap apartments in Elizabeth Park Valley have an average cost of $155 which is $1,245 cheaper than the average rent for all rentals in Elizabeth Park Valley.
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.