Akron vs Albany
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 42% cheaper for renters. A 2-bedroom rents for $577/mo vs $822/mo in Akron — saving $2,940/year.
Rent by Unit Size
| Unit Size | Akron | Albany | Difference |
|---|---|---|---|
| Studio | $552 | $407 | $145 |
| 1 Bedroom | $662 | $488 | $174 |
| 2 Bedrooms | $822 | $577 | $245 |
| 3 Bedrooms | $1,025 | $748 | $277 |
| 4 Bedrooms | $1,215 | $841 | $374 |
| Median Income | $43,989 | $39,279 | $4,710 |
Akron
- Studio
- $552/mo
- 1 BR
- $662/mo
- 2 BR
- $822/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,215/mo
- Median Income
- $43,989/yr
Albany
- Studio
- $407/mo
- 1 BR
- $488/mo
- 2 BR
- $577/mo
- 3 BR
- $748/mo
- 4 BR
- $841/mo
- Median Income
- $39,279/yr
Frequently Asked Questions
Is Akron or Albany cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $822/mo in Akron. That's $245/mo or $2,940/year more expensive in Akron (42% higher).
What is the 2-bedroom rent in Akron vs Albany?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Albany, a 2-bedroom FMR is $577/month.
How do incomes compare between Akron and Albany?
The median household income in Akron is $43,989/year. In Albany it is $39,279/year. Akron has the higher median income.
What is the studio rent in Akron vs Albany?
A studio apartment Fair Market Rent in Akron is $552/mo. In Albany it is $407/mo.