1031 Exchange Akron, Ohio
Ohio Opportunity Zones

Surrounding metropolitan Area

Akron, Ohio is a part of the Cleveland-Elyria, OH MSA metropolitan area, and contains 27 zip codes, including: 44316, 44303, 44314, 44325, 44305, and 44328.

Akron Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Akron, OH metropolitan area was $826, which is 12.08% lower than 2014 average rent. This represents a compounded annual growth rate of 2.31%. 2019 vacancy in Akron, OH was 2.30%.

The total population of the city of Akron, OH has decreased 0.55% since 2010. As of 2018, the population was 198,006. The median household income of the Akron was $37,533, which is 37.75% lower than the national average.

  • metropolitan area Cleveland-Elyria, OH MSA
  • avg rent $826
  • rent growth 12.08%
  • vacancy 2.30%
  • median income $37,533
  • population (2018) 198,006
  • population growth -0.55%
  • vs. nat'l avg 37.75%
  • zip codes 44301 44302 44303 44304 44305 44306 44307 44308 44309 44310 44311 44312 44313 44314 44315 44316 44317 44319 44320 44321 44325 44326 44328 44333 44372 44396 44398

Compare DST Properties Side-By-Side
Source: www.zip-codes.com
Source: REIS Market Report
Source: United States Census Bureau

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