Appreciation Investing in Akron, OH

Appreciation Score: 3.0/10Ranked #39 of 52 markets

Data-driven appreciation analysis for Akron, OH — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

Appreciation Score:3.0
Population Growth(40%)
-2.0%1.0
Median Household Income(25%)
$71,0164.6
Low Vacancy(20%)
7.2%6.0
Metro Size (Demand)(15%)
538,0871.5

Key Metrics for Appreciation

Pop. Growth

-2.0%

Moderate

Median Income

$71,016

Household income

Vacancy Rate

7.2%

Moderate supply

Population

538K

Metro demand indicator

Appreciation Investment Thesis

Akron offers strong cash flow with lower vacancy than nearby Cleveland. The University of Akron provides a built-in tenant pool for properties near campus.

How Akron Compares

RankCityAppreciation ScoreCap RateMedian Price
#35Richmond, VA3.26.2%$280,000
#36San Francisco, CA3.22.8%$1,200,000
#37Tulsa, OK3.17.9%$155,000
#38Milwaukee, WI3.06.7%$175,000
#39Akron, OH3.08.6%$100,000
#40Philadelphia, PA2.95.6%$240,000
#41Cleveland, OH2.49.8%$105,000

Showing markets ranked near Akron for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($950/mo)$11,400
Less: Vacancy (7.2%)-$821
Less: Property Tax (2.12%)-$2,120
Less: Insurance (~0.5%)-$500
Less: Maintenance (~1.5%)-$1,500
Estimated NOI$6,459
Implied Cap Rate6.5%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the appreciation score for Akron, OH?

Akron, OH scores 3.0 out of 10 on our appreciation score, ranking #39 out of 52 markets we track. Weighted composite: population growth (40%), median household income (25%), low vacancy (20%), metro size/demand (15%). Scale 0–10.

Is Akron a good city for appreciation investing?

Akron, OH ranks #39 for appreciation investing with a score of 3.0/10. While not a top-ranked market for this strategy, it may have strengths in other investing approaches.

What is the average cap rate in Akron?

The average cap rate in Akron, OH is 8.6%. The median home price is $100,000 with a median monthly rent of $950, resulting in a rent-to-price ratio of 0.95%.

What are the property taxes in Akron?

The effective property tax rate in Akron, OH is 2.12%. On a $100,000 property, that translates to approximately $2,120 per year in property taxes.

How does Akron compare to other appreciation markets?

Among our 52 tracked markets, Akron, OH ranks #39 for appreciation investing. Other markets may be stronger for this particular strategy, though it may excel in different approaches.

What is driving population growth in Akron?

Akron, OH has a 5-year population growth rate of -2.0% and a median household income of $71,016. While population has declined, price appreciation can still occur through revitalization, institutional investment, and limited new housing supply.

Run Your Own Numbers for Akron

Use our free calculators pre-filled with Akron, OH market data, or adjust the numbers for your specific deal.