Ohio · HUD FY2026 Fair Market Rents · Updated

Rent in Akron, OH

HUD puts rent for a two-bedroom in Akron, OH at $1,268 a month for 2026, and a one-bedroom at $985. Keeping the two-bedroom under 30% of income takes $24.38 an hour full time, or $50,720 a year. The typical household there would spend 31.6% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,231 (down 2.9%).

Rent in Akron, OH at a glance

2-bedroom rent (HUD)

$1,268$15,216 a year · HUD fiscal year 2026From October 1, 2026: $1,231 (−2.9%)
Studio$904$17/hr needed
1 bedroom$985$19/hr needed
Wage a 2-bedroom takes$24.38an hour, 40 hours a week
3 bedrooms$1,547$30/hr needed

How much rent can you afford in Akron, OH?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Moderate cost burden (30–50%)
HUD Fair Market Rent$1,268Monthly market rent
Share of gross income31.6%Recommended max: 30%
Annual income needed$50,720To meet the 30% standard
Max affordable rent$1,202At 30% of $48,076
0%30% (Affordability standard)100%
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Rent in Akron, OH by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Akron, OH, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$904$10,848$36,160$17.38/hr
1 bedroom$985$11,820$39,400$18.94/hr
2 bedroomsMost searched$1,268$15,216$50,720$24.38/hr
3 bedrooms$1,547$18,564$61,880$29.75/hr
4 bedrooms$1,681$20,172$67,240$32.33/hr

Cost of living in Akron, OH: income, prices and a budget →

Rent in Akron, OH: common questions

How much is rent going down in Akron, OH in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,231 for a two-bedroom, down 2.9% from $1,268. A one-bedroom goes from $985 to $952, a studio from $904 to $886.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Akron, OH?

HUD's Fair Market Rent for 2026 is $985 for a one-bedroom and $1,268 for a two-bedroom, utilities included. That is $15,216 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Akron, OH?

To keep a $1,268 two-bedroom at 30% of gross pay, one full-time worker needs $24.38 an hour, or $50,720 a year. A one-bedroom at $985 takes $18.94 an hour.

How much is a 1, 2 or 3-bedroom apartment in Akron, OH?

At HUD's 2026 Fair Market Rent: studio $904, one bedroom $985, two $1,268, three $1,547 and four $1,681 a month.

Is rent affordable in Akron, OH?

For the typical household, earning $48,076 a year ($4,006 a month, Census ACS), a two-bedroom at $1,268 takes 31.6% of income. Under 30% is the usual line for affordable; this is over it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,268 × 12) ÷ 0.30 = $50,720. Divided by 2,080 working hours, that is $24.38 an hour.