Akron vs Cleveland-Elyria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Akron is 3% cheaper for renters. A 2-bedroom rents for $822/mo vs $844/mo in Cleveland-Elyria — saving $264/year.
Rent by Unit Size
| Unit Size | Akron | Cleveland-Elyria | Difference |
|---|---|---|---|
| Studio | $552 | $566 | $14 |
| 1 Bedroom | $662 | $677 | $15 |
| 2 Bedrooms | $822 | $844 | $22 |
| 3 Bedrooms | $1,025 | $1,081 | $56 |
| 4 Bedrooms | $1,215 | $1,197 | $18 |
| Median Income | $43,989 | $59,020 | $15,031 |
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
Cleveland-Elyria
- Studio
- $566/mo
- 1 BR
- $677/mo
- 2 BR
- $844/mo
- 3 BR
- $1,081/mo
- 4 BR
- $1,197/mo
- Median Income
- $59,020/yr
Frequently Asked Questions
Is Akron or Cleveland-Elyria cheaper to rent in?
Akron is cheaper — a 2-bedroom Fair Market Rent is $822/mo vs $844/mo in Cleveland-Elyria. That's $22/mo or $264/year more expensive in Cleveland-Elyria (3% higher).
What is the 2-bedroom rent in Akron vs Cleveland-Elyria?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Cleveland-Elyria, a 2-bedroom FMR is $844/month.
How do incomes compare between Akron and Cleveland-Elyria?
The median household income in Akron is $43,989/year. In Cleveland-Elyria it is $59,020/year. Cleveland-Elyria has the higher median income.
What is the studio rent in Akron vs Cleveland-Elyria?
A studio apartment Fair Market Rent in Akron is $552/mo. In Cleveland-Elyria it is $566/mo.