Rent to Own Homes in Akron, OH

Located in the Great Lakes region, Akron, Ohio has a working-class image, and that is just fine with the city residents. In fact, this city continues to boast about its rubber and plastic manufacturing plants and its new position as a liquid crystal and polymer research and development center. Akron's population of approximately 198,000 people is educated and skilled, and consists of a mixture of blue-collar and white-collar workers. Akrons biggest issue is its crime rate, so it is important to carefully choose where you live in the city.

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A7424841efd8c69f5b283d1e4c95c7b9
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Rent-To-Own
Description

4 Beds, 2 Baths

Akron, OH 44305

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School: Phoenix School
Grocery: Pioneer Market
Restaurant: Julian's
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A9c433aa3fb58126a18ee733db078a82
Listing Type
REO Foreclosure
Description

3 Beds, 2 Baths

Akron, OH 44300

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School: Hatton Elementary School
Grocery: Acme Fresh Market
Restaurant: Dilly's Drive In
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Bcd8e043be17b07a017bf7309b5f170a
Listing Type
REO Foreclosure
Description

3 Beds, 2 Baths

Akron, OH 44305

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School: Phoenix School
Grocery: Game Over Stop & Shop
Restaurant: Albasha
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88b754119b0fd0b1b3820792ef4b9a2b
Listing Type
REO Foreclosure
Description

3 Beds, 1 Bath

Akron, OH 44305

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School: Phoenix School
Grocery: Rocky's Meats & Groceries
Restaurant: Albasha
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4c5f175f2bf0e7c96e23d04113421364
Listing Type
REO Foreclosure
Description

3 Beds, 1 Bath

Akron, OH 44305

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Bad Credit Accepted
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School: Phoenix School
Grocery: Game Over Stop & Shop
Restaurant: Albasha
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77a730f96b00380da7e8d0ce31b05b23
Listing Type
REO Foreclosure
Description

3 Beds, 1 Bath

Akron, OH 44305

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School: Phoenix School
Grocery: Game Over Stop & Shop
Restaurant: Albasha
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28d415d675bd4377b6ba5ca8d94c0980
Listing Type
REO Foreclosure
Description

3 Beds, 3 Baths

Akron, OH 44305

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School: Summit Academy Middle School - Akron
Grocery: Dave's Supermarket
Restaurant: Albasha
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F655188529a5cb94424bf5b518c6d445
Listing Type
REO Foreclosure
Description

3 Beds, 1 Bath

Akron, OH 44305

Accepting Offers

Price
Click for Deals
Financing
Bad Credit Accepted
Nearest
School: Phoenix School
Grocery: Rocky's Meats & Groceries
Restaurant: Albasha
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77d039969ea535bda80dd7cf07e3704c
Listing Type
REO Foreclosure
Description

3 Beds, 2 Baths

Akron, OH 44305

Accepting Offers

Price
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Financing
Bad Credit Accepted
Nearest
School: Summit Academy Middle School - Akron
Grocery: Dave's Supermarket
Restaurant: Albasha
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Housing in Akron

Anyone who wants to buy or rent to own a home will love Akron. It is a very affordable city with a median list price of about $59,900 and median sale price of $55,000, for the last 12 months citywide. These numbers vary widely from ZIP code to ZIP code. The number of home listings is trending up and stands at 17.3 percent as of August 2013. New real estate closings for the 12 months ending January 2013 declined by 5 percent year over year. Of the total home closings, 4.1 percent were new homes. Approximately 54 percent of properties are owned, while 33 percent are rented. Of all properties available for sale or rent, 13.5 percent are vacant. There is a large number of distressed properties (foreclosures and short sales), and that is keeping sale prices low.

Arts and Culture

Akron may struggle with its housing market, but this has not had a detrimental effect on its arts and culture offerings and tourist attractions. The Akron Art Museum has world-class artistic treasures like the works of Warhol and Bourke-White. The Akron Symphony Orchestra performs classical concerts and special music events for families. Theater lovers can enjoy plays and musicals at the E.J. Thomas Performing Arts Hall, the Weathervane Playhouse, and the Carousel Dinner Theater. There is even the Ohio Ballet located at the University of Akron. Akron also hosts the All-American Soap Box Derby World Championships, which has been held annually since 1934.

Tourist Attractions

Akron has plenty of tourist attractions, and the best are centered around historical themes. The Stan Hywet Hall & Gardens, which was built for F.A. Seiberling, the founder of Goodyear Tire and Rubber Company, in 1915, features 65 rooms and gorgeous gardens. Visitors to Akron often visit the Cascade Locks Park along the Ohio and Erie Canal. The park is on the National Register of Historic Places and gives visitors a glimpse into the past when the canal and the rubber industry reigned supreme in the area. The Akron Zoo, heavily involved in green technology for operations and natural sustainability, is a place the whole family will enjoy.

Neighborhood Profiles

The City of Akrons Department of Planning profiles 21 neighborhoods. Like most cities, some areas are better than others. The following is just a brief review of the various areas.

Chapel Hill: This area has newer housing compared to the rest of Akron and mainly houses renters. It has a larger elderly population than the rest of the city with 19 percent over the age of 65.

Downtown: This is an area of trendy housing that includes historical or older structures converted to apartments and new condominiums near Canal Park.

East Akron: The area is split with single-family housing west of Kelly Avenue and apartments to the south. The neighborhood is easily accessed because I-77 is on the west side and I-76 runs along the north end.

Elizabeth Park: This area is located below the All-America Y-bridge and the Route 8 bridge. This is a historic area that includes a segment of the Ohio and Erie Canal. It is also close to downtown.

Ellet: Located at Akrons eastern edge, it has large subdivisions with single-family housing and some apartments. It also has a substantial population of residents who are under the age of 45.

Fairlawn Heights: This area was specifically designed as an upscale single-family area with homes set on large, wooded lots. There are some apartments along West Market Street.

Firestone Park: The name indicates how this historic community came into being. The homes were originally built for Firestone Rubber Company employees. A public park at the center of the neighborhood is designed to look like the original Firestone shield.

Goodyear Heights: On the far eastern edge of Akron is Goodyear Heights. It is another planned community for industrial workers of the early 20th century. It consists mostly of single-family dwellings and has a very large parkthe Goodyear Heights Metropolitan Park.

Highland Square: West of downtown, this area has mixed housing, including the largest number of multistory apartment buildings in the city. An urban village that is pedestrian-oriented, it has coffee shops, specialty shops, small businesses, and restaurants. Highland Square was originally developed with large homes for the industrial leaders in the 1800s.

Kenmore: This area was developed between 1910 and 1920 and consists of mostly single-family homes and industrial-commercial buildings. Interestingly, it has a number of parks, the Mud Run Golf Course near the west edge, and small Nesmith Lake.

Lane-Wooster: Adjacent to downtown, the area was established in the early 1900s by African-American families moving from the South seeking employment. Both the Akron Zoo and the Miller South School for the Visual and Performing Arts are located here.

Merriman Valley: This is another mixed-use area with single-family residences, condominiums, and apartment buildings. There are large parks filled with recreational opportunities, which is not surprising since it is located in the Cuyahoga River Valley.

Middlebury: The earliest settlement in Akron on the Little Cuyahoga River, this neighborhood is now home to the University of Akron, the Summa Hospital Complex, and Goodyear Tire headquarters.

North Hill: This is a single-family residential area with two very large parks--Cascade Valley Metropark and George Metropark.

Northwest Akron: This is an area with homes on large lots and plenty of apartment buildings. The Sand Run Metropark is quite large and offers many recreational opportunities.

Rolling Acres: Located in the southwestern area of Akron, Mud Run Golf Course is at its center. There is some housing, but this is primarily a retail-commercial area.

South Akron: South of downtown, this is primarily a residential area. Fifty-five percent of the housing was built before 1940 and another 42 percent between 1940 and 1980.

Summit Lake: Summit Lake waterway takes up a good portion of this area, where the Ohio and Erie Canal Towpath ends at the north end of the lake. This is an area with plenty of family dwellings and apartment buildings.

University Park: There is plenty of rental housing in this area because it's near the University of Akron campus.

Wallhaven: This is another mixed-use area with nice middle-class homes and apartment buildings. The J.E. Good Golf Course is close by and there are a couple of parks in the area. It is located in the northwest of Akron.

West Akron: This is primarily a single-family residential area that contains the J.E. Good Golf Course, two recreational centers, and Erie Island Park.