Akron vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Akron is 179% cheaper for renters. A 2-bedroom rents for $822/mo vs $2,293/mo in New York-Newark-Jersey City — saving $17,652/year.
Rent by Unit Size
| Unit Size | Akron | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $552 | $1,531 | $979 |
| 1 Bedroom | $662 | $1,813 | $1,151 |
| 2 Bedrooms | $822 | $2,293 | $1,471 |
| 3 Bedrooms | $1,025 | $2,674 | $1,649 |
| 4 Bedrooms | $1,215 | $3,167 | $1,952 |
| Median Income | $43,989 | $124,777 | $80,788 |
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
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Akron or New York-Newark-Jersey City cheaper to rent in?
Akron is cheaper — a 2-bedroom Fair Market Rent is $822/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,471/mo or $17,652/year more expensive in New York-Newark-Jersey City (179% higher).
What is the 2-bedroom rent in Akron vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Akron and New York-Newark-Jersey City?
The median household income in Akron is $43,989/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Akron vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Akron is $552/mo. In New York-Newark-Jersey City it is $1,531/mo.