Akron vs Medford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Akron is 30% cheaper for renters. A 2-bedroom rents for $822/mo vs $1,065/mo in Medford — saving $2,916/year.
Rent by Unit Size
| Unit Size | Akron | Medford | Difference |
|---|---|---|---|
| Studio | $552 | $704 | $152 |
| 1 Bedroom | $662 | $865 | $203 |
| 2 Bedrooms | $822 | $1,065 | $243 |
| 3 Bedrooms | $1,025 | $1,318 | $293 |
| 4 Bedrooms | $1,215 | $1,480 | $265 |
| Median Income | $43,989 | $51,417 | $7,428 |
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
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/yr
Frequently Asked Questions
Is Akron or Medford cheaper to rent in?
Akron is cheaper — a 2-bedroom Fair Market Rent is $822/mo vs $1,065/mo in Medford. That's $243/mo or $2,916/year more expensive in Medford (30% higher).
What is the 2-bedroom rent in Akron vs Medford?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Medford, a 2-bedroom FMR is $1,065/month.
How do incomes compare between Akron and Medford?
The median household income in Akron is $43,989/year. In Medford it is $51,417/year. Medford has the higher median income.
What is the studio rent in Akron vs Medford?
A studio apartment Fair Market Rent in Akron is $552/mo. In Medford it is $704/mo.