Real Estate Investing in Akron, Ohio (44301)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44301 (Akron, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.7% of homes vacant — above national norms.
What’s happening in Akron, OH (44301)?
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Market Analysis: 44301 Akron
On the rental side, ZIP 44301 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $127K median. It rewards specialists, not generalists.
Rent of $1,202/mo on a $127K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 44301 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 44301 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 44301 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 44301 is an operator game, not a passive one. On the rental side, entry prices of $127K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Akron:
Property Strategy for 44301
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $100,346 | $1,290 | 9.3% | +10.1% | $50,173 |
| 3BR | $128,463 | $1,570 | 8.8% | +8.4% | $42,821 |
| 4BR | $120,904 | $1,710 | 10.2% | +8.6% | $30,226 |
| 5BR | $115,583 | — | — | +10.0% | $23,117 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44301 Compare?
| Metric | 44301 | Akron | Akron, OH | Ohio |
|---|---|---|---|---|
| Home Value | $127,283 | $79,954 | N/A | $237,530 |
| 5-Year CAGR | 6.9% | 5.8% | N/A | 7.4% |
| Avg Rent | $1,202 | $1,162 | N/A | - |
| Cap Rate | 7.4% | 7.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44301 (Akron, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $127,283 |
| Monthly Rent | $1,202 |
| Price-to-Rent | 8.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.3% |
| Cap Rate | 7.4% |
| 5-Year IRR | 14.2% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +9.7% ▲ |
🏠 Rent Trends
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.4%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 44301
Population: 14,081
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 44301
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Innes Community Learning Center
Miller-South Visual Performing Arts
Glover Community Learning Center
Henry L Robinson Community Learning Center
Rimer Community Learning Center
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 6,849 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strict are landlord regulations in Akron, OH?
Akron, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How strong is Akron, OH for real estate investors?
Investors tracking Akron, OH will find a 3.0/5 rating supported by $127K median home values and $1,202/mo rents. That profile suits long-term holders targeting measured returns.
How should investors approach Akron, OH?
A careful cash-flow rentals with hands-on management strategy Akron, OH best. The market produces stable results for that approach at the $127K price point.
Does house hacking work in Akron, OH?
For house hackers, Akron, OH is a challenging. The $1,202/mo rent on a unit helps defray the mortgage on a $127K property.
How strong is tenant demand in Akron, OH?
The tenant pool in Akron, OH is solid, supported by local employment and population fundamentals. Rents of $1,202/mo are well-absorbed by the market.
You know 44301 now. You don’t know where it ranks.
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How 44301 ranks in Akron, OH
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