Cheap Apartments for Rent in the University Area Akron, OH from $300 (31 Rentals)

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

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property at 485 Allyn St

$400 - $1,950

1 To 6 Bedroom Rentals

Available Now

485 Allyn St

AkronOH44304

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Middlebury Commons
1 to 2 Bedroom Apartments

Middlebury Commons

953 E Market StAkron, OH 44305
Senior Living
  • Utilities Included
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Carroll Street Apartments
1 to 2 Bedroom Apartments

Carroll Street Apartments

525 Carroll StAkron, OH 44304
Student Housing
  • Utilities Included

University Area, Akron, OH Local Guide

Cheapest Available University Area Apartments for Rent

 

The cheapest available apartment rental in the University Area area of Akron, OH is a 1 Bed unit found at Summit at Glendale priced from $500. Akron U Townhomes - Student Housing has the second lowest priced unit, which is a 5 Beds apartment currently listed from $525. Here are the most affordable University Area apartments for rent in Akron, OH:

Apartment ListingModel NameBed/BathPriced From
Summit at GlendaleOne bedroom1BR,1BA$500
Akron U Townhomes - Student Housing4 Bedroom 1 Bonus Room - 4 Person Rate5BR,5BA$525
College Street ApartmentsStudioStudio,1BA$620
241 Perkins St1 BR1BR,1BA$625
The Towers/Fir HillStudioStudio,1BA$750
University Commons Apartments0BR / 1 bathStudio,1BA$775
East Buchtel Place2 Beds, 1 Baths2BR,1BA$895

Best Value Apartments for Rent in University Area, OH

As of March 13, 2026 the best value apartment in the University Area 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 University Area apartment is the 537 Carroll St Model at 537 Carroll St starting at $1,510 with a $0.98 price per square foot in the University Area neighborhood. Here is today’s list of the best values for University Area 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
537 Carroll St537 Carroll St4BR,1BA$0.98
681 Carroll St681 Carroll St5BR,5BA$1.20
Gothic Apartments2 Bed 1 Bath2BR,1BA$1.07
Spicer Village Townhomes and ApartmentsErie2BR,2BA$1.03
26 S Adams St26 S Adams St2BR,1BA$0.38
The Towers/Fir HillStudioStudio ,1BA$1.17
College Street ApartmentsStudioStudio ,1BA$1.24
Summit at GlendaleOne bedroom1BR,1BA$1.11
685 Carroll St, Unit 685685 Carroll StStudio ,1BA$1.07

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.

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Quick 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.

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Ohio including University Area, Akron, and the greater Akron area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap University Area Apartments

What is a cheap apartment in University Area?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Area is under $895.

What is the price of a cheap apartment in University Area?

The cheapest apartment in University Area is Summit at Glendale which is listed at $500, while the average apartment in University Area costs $1,400.

What types of apartments are the cheapest in University Area?

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 35 regular apartments in University Area 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 University Area?

Cheap apartments in University Area have an average cost of $525 which is $875 cheaper than the average rent for all rentals in University Area.

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

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.