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Housing in Akron

A typical Akron home is worth roughly $83,000

Typical home value
$83K
MI $266K
Estimate
2-bedroom rent
$1,000
a month, utilities in · HUD
Median tax bill
$1,273
MI $2,904

What kind of housing town is Akron?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Akron

Try your own numbers below.

You could afford about
$271,000
Typical Akron home $83K

That covers a typical Akron home, with $188K to spare.

The typical home, each month
$520
Loan $410Tax $90Insurance $20

A two-bedroom rents for about $1,000 a month here, $480 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Michigan typical property tax (1.25% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

78% of Akron households own their home

Half of Akron’s homes were built before 1951.

Owners and renters
Own 78%Rent 22%

Michigan: 73% own.

1951
typical home built · MI 1972
$1,273
median property tax bill · MI $2,904
6%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,000

Renters already here pay a median of $938.

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$810
2 bedrooms$1,000
3 bedrooms$1,320
4 bedrooms$1,460
22%
of households rent · MI 27%
20
renter households
$938
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Tuscola County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

On the market in Akron

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Akron buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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