Akron vs Lynchburg
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lynchburg is 14% cheaper for renters. A 2-bedroom rents for $721/mo vs $822/mo in Akron — saving $1,212/year.
Rent by Unit Size
| Unit Size | Akron | Lynchburg | Difference |
|---|---|---|---|
| Studio | $552 | $494 | $58 |
| 1 Bedroom | $662 | $589 | $73 |
| 2 Bedrooms | $822 | $721 | $101 |
| 3 Bedrooms | $1,025 | $933 | $92 |
| 4 Bedrooms | $1,215 | $1,024 | $191 |
| Median Income | $43,989 | $37,857 | $6,132 |
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
Lynchburg
- Studio
- $494/mo
- 1 BR
- $589/mo
- 2 BR
- $721/mo
- 3 BR
- $933/mo
- 4 BR
- $1,024/mo
- Median Income
- $37,857/yr
Frequently Asked Questions
Is Akron or Lynchburg cheaper to rent in?
Lynchburg is cheaper — a 2-bedroom Fair Market Rent is $721/mo vs $822/mo in Akron. That's $101/mo or $1,212/year more expensive in Akron (14% higher).
What is the 2-bedroom rent in Akron vs Lynchburg?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Lynchburg, a 2-bedroom FMR is $721/month.
How do incomes compare between Akron and Lynchburg?
The median household income in Akron is $43,989/year. In Lynchburg it is $37,857/year. Akron has the higher median income.
What is the studio rent in Akron vs Lynchburg?
A studio apartment Fair Market Rent in Akron is $552/mo. In Lynchburg it is $494/mo.