FairRentWize

Akron vs Springfield

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Springfield is 14% cheaper for renters. A 2-bedroom rents for $720/mo vs $822/mo in Akron — saving $1,224/year.

Rent by Unit Size

Unit SizeAkronSpringfieldDifference
Studio$552$490$62
1 Bedroom$662$583$79
2 Bedrooms$822$720$102
3 Bedrooms$1,025$925$100
4 Bedrooms$1,215$987$228
Median Income$43,989$37,539$6,450

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
Full Akron profile →

Springfield

Studio
$490/mo
1 BR
$583/mo
2 BR
$720/mo
3 BR
$925/mo
4 BR
$987/mo
Median Income
$37,539/yr
Full Springfield profile →

Frequently Asked Questions

Is Akron or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $822/mo in Akron. That's $102/mo or $1,224/year more expensive in Akron (14% higher).
What is the 2-bedroom rent in Akron vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Akron and Springfield?
The median household income in Akron is $43,989/year. In Springfield it is $37,539/year. Akron has the higher median income.
What is the studio rent in Akron vs Springfield?
A studio apartment Fair Market Rent in Akron is $552/mo. In Springfield it is $490/mo.