Rental market snapshot for University of Ohio Akron, Akron

University of Ohio Akron rental market summary

The rental market in University of Ohio Akron, Ohio is showing signs of stability. In July of 2023, there were 49 new listings, indicating that the market is still active. The median rent for the area in July 2023 was $975, the same as it was in July 2022. This indicates that the rental market in the area has not seen any significant changes in the past year.

The median rent for the area in June 2023 was $1,000, a 2.5% increase from the July 2023 median rent. This suggests that the rental market in the area is slowly increasing, although the rate of increase is not significant. Overall, the rental market in University of Ohio Akron, Ohio appears to be stable and slowly increasing.

Median rent for all residential properties in University of Ohio Akron

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The most expensive listings and top trending buildings in University of Ohio Akron

Most Expensive Listings

AddressRent PriceBed / Bath
561 Brown St$1,6006 / 3.0
484 Crouse St$1,4604 / 1.0
288 Cross St$1,3994 / 2.0
572 Inman St$1,2004 / 1.0
295 E Voris St$1,1953 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$666

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Bedroom Breakdown in University of Ohio Akron

Studio
$450
MEDIAN RENT
1 Bedroom
$658
MEDIAN RENT
2 Bedroom
$900
MEDIAN RENT

University of Ohio Akron neighborhood apartments rents

The rental market for studios in University of Ohio Akron, Ohio appears to be relatively stable, with only one new studio listing in April 2022. The median rent for studios in April 2022 is $450, though no data is available for the median rent in March 2022, so it is not possible to determine the percent change in rent from March 2022 to April 2022. Overall, the rental market for studios in University of Ohio Akron, Ohio appears to be relatively stable.

The rental market for 1-bedroom apartments in University of Ohio Akron, Ohio is showing signs of growth. In May 2023, there were 4 new 1-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 1-bedroom apartments in May 2023 was $658, which is 6.1% lower than the median rent in April 2023, which was $700. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in University of Ohio Akron, Ohio is looking positive.

The rental market for 2-bedroom apartments in University of Ohio Akron, Ohio is showing signs of growth. In May 2023, there were 3 new 2-bedroom listings, which is an increase from the previous month. The median rent for 2-bedroom apartments in May 2023 was $900, which is a 12.5% increase from the median rent in April 2023 of $800. This indicates that the rental market for 2-bedroom apartments in University of Ohio Akron, Ohio is on the rise and is becoming more competitive.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in University of Ohio Akron is $975.
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