Akron vs Ann Arbor
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Akron is 42% cheaper for renters. A 2-bedroom rents for $822/mo vs $1,170/mo in Ann Arbor — saving $4,176/year.
Rent by Unit Size
| Unit Size | Akron | Ann Arbor | Difference |
|---|---|---|---|
| Studio | $552 | $781 | $229 |
| 1 Bedroom | $662 | $945 | $283 |
| 2 Bedrooms | $822 | $1,170 | $348 |
| 3 Bedrooms | $1,025 | $1,486 | $461 |
| 4 Bedrooms | $1,215 | $1,736 | $521 |
| Median Income | $43,989 | $58,245 | $14,256 |
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
Ann Arbor
- Studio
- $781/mo
- 1 BR
- $945/mo
- 2 BR
- $1,170/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,736/mo
- Median Income
- $58,245/yr
Frequently Asked Questions
Is Akron or Ann Arbor cheaper to rent in?
Akron is cheaper — a 2-bedroom Fair Market Rent is $822/mo vs $1,170/mo in Ann Arbor. That's $348/mo or $4,176/year more expensive in Ann Arbor (42% higher).
What is the 2-bedroom rent in Akron vs Ann Arbor?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Ann Arbor, a 2-bedroom FMR is $1,170/month.
How do incomes compare between Akron and Ann Arbor?
The median household income in Akron is $43,989/year. In Ann Arbor it is $58,245/year. Ann Arbor has the higher median income.
What is the studio rent in Akron vs Ann Arbor?
A studio apartment Fair Market Rent in Akron is $552/mo. In Ann Arbor it is $781/mo.