Akron vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 7% cheaper for renters. A 2-bedroom rents for $769/mo vs $822/mo in Akron — saving $636/year.
Rent by Unit Size
| Unit Size | Akron | Toledo | Difference |
|---|---|---|---|
| Studio | $552 | $521 | $31 |
| 1 Bedroom | $662 | $622 | $40 |
| 2 Bedrooms | $822 | $769 | $53 |
| 3 Bedrooms | $1,025 | $990 | $35 |
| 4 Bedrooms | $1,215 | $1,150 | $65 |
| Median Income | $43,989 | $44,170 | $181 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Akron or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $822/mo in Akron. That's $53/mo or $636/year more expensive in Akron (7% higher).
What is the 2-bedroom rent in Akron vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Akron and Toledo?
The median household income in Akron is $43,989/year. In Toledo it is $44,170/year. Toledo has the higher median income.
What is the studio rent in Akron vs Toledo?
A studio apartment Fair Market Rent in Akron is $552/mo. In Toledo it is $521/mo.