Counties / Ohio / Summit County

Summit County, OH

FIPS 39153 · population 537,864 · part of Akron, OH

$233k
Zillow home value · 2026-06
Direct county rent answer

What does rent cost in Summit County, OH?

The latest county-level Zillow ZORI is $1,260 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

County Zillow ZORI$1,2602026-06 · up 5.6% year over year
County ACS gross rent$1,026ACS 2024 5-year · occupied-renter survey
HUD two-bedroom FMR$1,268FY2026 · administrative standard
HUD Fair Market Rent by bedroom count in Summit County
BedroomsHUD monthly FMRGeographyMeasurement boundary
Studio$904Summit County, OHHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
1 bedroom$985Summit County, OHHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
2 bedrooms$1,268Summit County, OHHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
3 bedrooms$1,547Summit County, OHHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
4 bedrooms$1,681Summit County, OHHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.

Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26

The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$233k
▲ 4.3% year over year
Zillow ZHVI · direct
Median asking rent
$1,260
▲ 5.6% year over year
Zillow ZORI · direct
Gross yield
6.5%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,268
market rent is 0.99x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+51.1%not annualized · through 2025
0%ZILLOW ZHVI2026-06+4.3%FHFA HPI2025+3.9%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-08-02.
Owner-reported value$209k
Surveyed gross rent$1,026
Rent burden 30%+48.3%
Median year built1966
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
6.7%vacant
247,924estimated housing units
Occupied tenure32.5% renter
owner 67.5%renter 32.5%
Structure mix77.0% single-family
Single-family 77.0%20+ units 7.6%Mobile home 0.9%Other 14.5%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs259,944▼ 0.4% from the prior annual release
Covered establishments15,774annual average reporting locations
Average weekly wage$1,256▲ 3.9% from the prior annual release
Largest private supersectorTrade, transportation, and utilities22.9% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.4%WEEKLY WAGE+3.9%Trade, transportation, and utilities22.9%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

Resident income

How local income has compounded

BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.

Per-capita personal income19692024
Per-capita personal income history for Summit CountyA line chart of annual BEA per-capita personal income from 1969 through 2024.$0k$35k$70k196919972024$4k$68k
Nominal annual dollars; not adjusted for inflation. A rising line can reflect wage, business-income, transfer-income and investment-income changes together.
Renter affordability

Who carries the heaviest rent burden

HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.

Share of renter households in each income band2018-2022
Renter cost burden by HAMFI income band in Summit CountyFive horizontal bars show moderate and severe housing cost burden shares among renter households in each HUD income band.0%25%50%75%100%At or below 30% HAMFI20,21573.8% burdened30–50% HAMFI13,08071.4% burdened50–80% HAMFI16,88532.0% burdened80–100% HAMFI7,0459.4% burdenedAbove 100% HAMFI18,3903.5% burdened
Moderate: >30% to 50%Severe: >50%
Each percentage uses HUD’s published subtotal for that income band. For disclosure, HUD keeps 0 as 0, publishes 1–7 households as 4 and rounds 8 or more to the nearest 5. Independently rounded categories can differ from their displayed sum and are not forced into a percentage.
Direct local rental evidence

Recent leases and rental-market liquidity in Summit County, OH

These Apartment List observations match the exact county Census code 39153. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.

Direct recent-lease rent history

Monthly overall-rent index; missing observations are not filled from another geography.

$1,103$1,013$9222021-082026-07
Recent-lease rent$1,1032026-07 · +3.9% year over year
Rental vacancyn/an/a
Time on marketn/an/a
County brief

What the local evidence says

01Decision frame

Summit County presents a workable gross-income case with a real tension: rent has outpaced the Zillow price measure, yet visible supply and household movement do not establish durable demand. Zillow's 2026-06 median home value was $232,716, up 4.35%, while median asking rent was $1,260, up 5.60%, producing a reported gross yield of 6.50% before costs. FHFA's separate 2025 repeat-transaction HPI rose 3.87%; it supports direction but is not a home value and should not be blended with Zillow. Income-oriented buyers should investigate property-level costs and flood exposure; appreciation- or resale-dependent buyers should be cautious.

02Housing economics

Rent is median asking rent, not collected rent. HUD's two-bedroom FMR is $1,268, and market rent is 99.40% of that standard; FMR is a payment standard, not an asking-rent estimate. The reported yield cannot support a net-return conclusion. A 1.53% effective property-tax rate and $3,195 median annual tax are material carrying-cost checks, but county medians cannot be assigned precisely to a target. The modeled annual building-loss ratio is 0.08%; inland flood is the dominant hazard, so parcel flood mapping and insurance quotes are needed rather than a county-wide loss adjustment.

03Demand & competition

Demand and competition are mixed. Tax-return net migration was -179; average AGI was $63,448 inbound versus $69,596 outbound, so the outflow was associated with higher average mover income in this record. Investor mortgages represented 10.89% of 6,293 purchases, a meaningful but minority competitor presence. QCEW covered employment declined 0.42% while average weekly wage rose 3.89%; its largest disclosed private supersector is Trade, transportation, and utilities, not the whole economy. Realtor.com is listing-market evidence: visible supply and marketing-time measures cannot establish closed-sale demand, and no current median listing-price dollar figure is supplied.

04Risk & next checks

Underwriting should stop short of a county-level net yield, valuation, or demand conclusion. The record lacks property-specific expenses, insurance premiums, flood-zone or elevation data, vacancy, lease terms, financing, and closed-sale comparables; without them, gross yield cannot become cash-on-cash return, and county price direction cannot establish a target's exit value. Next checks are parcel-level flood and insurance review, verified signed-rent and operating statements, and recent closed-sale and lease comparables. These checks matter because FMR, MLS listings, tax-return migration, investor mortgages, and county HPI answer different questions.

County ZIP rental landscape

How asking rent and renter pressure vary inside Summit County, OH

This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.

Selected ZIP range$936$1,712Zillow asking-rent index
Monthly spread$776highest minus lowest selected ZIP
Observed burden range32.5%64.2%ACS renter households paying 30%+
Renter households covered51,282across the selected ZCTAs
01 · ASKING RENT LADDERDirect ZIP ZORI
Horizontal bars compare Zillow asking-rent indexes across the selected direct-evidence ZIP set.44224$1,71244313$1,44944319$1,42544221$1,39444203$1,33744320$1,19544314$1,17744312$1,16544305$1,12244310$1,02644311$94644306$936
02 · PRESSURE MATRIXRent × observed burden
Each point is one selected ZIP and ZCTA match. Horizontal position is Zillow asking rent and vertical position is the ACS renter cost-burden share.66.7%57.6%48.4%39.2%30.0%443104430644221443134422444203443054432044314443124431944311Zillow asking-rent index →ACS burden share →
03 · BENCHMARK GAPZORI vs HUD 2BR
Bars show the percentage difference between the Zillow blended asking-rent index and the local HUD two-bedroom standard. Their housing universes differ.44203+118.3%44224+114.1%44313+112.3%44319+106.3%44320+103.9%44314+103.2%44221+101.0%44312+93.2%44311+88.4%44305+88.3%44310+87.7%44306+79.3%
WHAT THE LOCAL DISTRIBUTION SAYS

Across the selected direct-evidence ZIP/ZCTA matches in Summit County, Zillow’s current ZORI, a typical observed asking-rent index, runs from $936 to $1,712, with a $1,186 median and a $776 spread. That range brackets the county’s $1,260 ZORI, rather than indicating one countywide asking price. The immediate decision question is therefore not simply where rent is lowest: it is whether the current asking-rent band for a particular available unit fits the household budget, bedroom need, lease terms, and its own market alternatives. The selected matches represent 51,282 renter households in the supplied selection.

Zillow, ACS and HUD answer different questions and should not be blended. Zillow’s ZIP ZORI describes observed asking rents, whereas ACS five-year ZCTA median gross rent is a survey estimate and ranges from $824 to $1,183 in this selection. HUD’s two-bedroom FMR is an administrative standard, not an asking-rent measure, and ranges from $1,070 to $1,500. The asking-index-to-HUD comparison spans 79.3% to 118.3%: 44306’s $936 ZORI is below its $1,180 two-bedroom standard, while 44203’s $1,337 index exceeds its $1,130 standard. The contrast may help structure a unit-specific search or program screening, but it cannot establish that a listing has two bedrooms, matches HUD assumptions, or is affordable.

Budget pressure and vacancy are separate, not opposing, signals. The ACS share of renter households spending 30% or more of income on rent ranges from 32.5% to 64.2%, while ACS vacancy ranges from 4.1% to 19.1%. At the higher-burden end, 44320 combines a 64.2% burden share with 11.2% vacancy; 44319 posts 32.5% burden and 4.1% vacancy. More vacancy can widen the set of units to check, but neither it nor ZIP-level burden demonstrates availability, affordability, or comparable unit quality. For a household screening an advertised unit, these indicators should be read alongside the actual all-in monthly cost and its own income, not as a guarantee about a particular lease.

The geographic and coverage frame limits any ZIP-level conclusion. Census ZCTAs are statistical areas rather than USPS delivery ZIPs, and ZIPs can cross county lines. The packet assigns each displayed ZIP to Summit County based on the largest HUD residential-address share, rather than asserting every address lies in the county. Its direct-evidence set is selected, not an exhaustive county or neighborhood inventory, so absent places cannot be ranked or treated as having no rental activity. Before choosing a property, verify the advertised asking rent and whether utilities are included, bedroom count, lease duration, availability date, application and other fees, deposit, income qualification, program eligibility, and the exact delivery address.

Selected ZIP evidence

Keep each source universe visible

20 ZIP profiles passed the county gate; the 12 with the most renter households are shown.

ZIP / ZCTAZillow asking rentACS gross rentHUD 2BRBurden 30%+VacancyIncome screenHUD county share
44310$1,026$980$1,17057.6%8.0%$41k100.0%
44306$936$904$1,18044.4%10.6%$37k100.0%
44221$1,394$1,028$1,38038.1%5.1%$56k100.0%
44313$1,449$1,074$1,29046.4%6.2%$58k100.0%
44224$1,712$1,183$1,50041.2%6.6%$68k99.9%
44203$1,337$869$1,13038.2%6.8%$53k99.5%
44305$1,122$948$1,27051.6%10.5%$45k100.0%
44320$1,195$948$1,15064.2%11.2%$48k100.0%
44314$1,177$967$1,14043.6%11.3%$47k100.0%
44312$1,165$998$1,25038.7%4.5%$47k99.8%
44319$1,425$1,151$1,34032.5%4.1%$57k100.0%
44311$946$824$1,07047.2%19.1%$38k100.0%
READ BEFORE USING

ZIP/ZCTA geography is imperfect: Census ZCTAs are statistical rather than USPS delivery ZIP areas, and some ZIPs cross county lines. Display assignment follows the largest HUD residential-address share, so a displayed ZIP does not mean every address is in Summit County.

The shown direct-evidence set was selected under the packet’s eligibility and ordering rule and is not an exhaustive county inventory. Values are area-level measures from different periods and purposes; confirm unit address, bedrooms, rent, utilities, fees, term, and eligibility directly with the property.

SOURCE LEDGERCensus ACS 5-year — county housing value, tenure and stockACS 2024 5-year · pulled 2026-07-30Census ACS five-year — ZCTA housing and incomeACS 2024 5-year ZCTA · pulled 2026-08-08HUD Fair Market Rents — Section 8 standardFY2026 FMR · pulled 2026-07-26HUD-USPS ZIP-to-county residential-address crosswalkHUD-USPS 2026Q1 · pulled 2026-08-09Zillow ZHVI and ZORI — county values and rentscounty ZHVI/ZORI 2026-06 · pulled 2026-07-26Zillow ZORI — ZIP market rentsZORI ZIP 2026-06 · pulled 2026-08-08
Cities & communities

Where people live within Summit County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Akron city189.2KCuyahoga Falls city50.9KStow city34.2KGreen city27.4KBarberton city24.8KHudson city23KTwinsburg city19.4KTallmadge city*18.3K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

27 Census places

Population
  1. 01
    Akron cityIncorporated place
    189,247
  2. 02
    Cuyahoga Falls cityIncorporated place
    50,909
  3. 03
    Stow cityIncorporated place
    34,240
  4. 04
    Green cityIncorporated place
    27,393
  5. 05
    Barberton cityIncorporated place
    24,844
  6. 06
    Hudson cityIncorporated place
    23,039
  7. 07
    Twinsburg cityIncorporated place
    19,410
  8. 08
    Tallmadge cityIncorporated place · spans 2 counties
    18,335
  9. 09
    New Franklin cityIncorporated place
    13,843
  10. 10
    Macedonia cityIncorporated place
    12,152
  11. 11
    Norton cityIncorporated place · spans 2 counties
    11,524
  12. 12
    Fairlawn cityIncorporated place
    7,711
Show 15 more places
  1. 13
    Portage Lakes CDPCensus-designated place
    5,913
  2. 14
    Montrose-Ghent CDPCensus-designated place
    5,903
  3. 15
    Reminderville cityIncorporated place
    5,387
  4. 16
    Munroe Falls cityIncorporated place
    5,000
  5. 17
    Mogadore villageIncorporated place · spans 2 counties
    3,806
  6. 18
    Richfield villageIncorporated place
    3,721
  7. 19
    Northfield villageIncorporated place
    3,543
  8. 20
    Lakemore villageIncorporated place
    2,914
  9. 21
    Silver Lake villageIncorporated place
    2,515
  10. 22
    Boston Heights villageIncorporated place
    1,381
  11. 23
    Sawyerwood CDPCensus-designated place
    1,241
  12. 24
    Clinton villageIncorporated place
    1,216
  13. 25
    Twinsburg Heights CDPCensus-designated place
    1,144
  14. 26
    Pigeon Creek CDPCensus-designated place
    829
  15. 27
    Peninsula villageIncorporated place
    576

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.079% of building value expected lost per year

Effective property tax1.53%

$3,195 median annual bill

02
DemandIRS SOI household flows
Net migration-179

12,227 in · 12,406 out

Arriving vs leaving income−$6,148

$63,448 arriving · $69,596 leaving

03
CompetitionHMDA financed purchases
Purchases by investors10.9%

685 of 6,293 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings835▲ 11.6% year over year
Median days on market35▲ 4.5% year over year
Listings price-reduced14.1%seller-concession signal
Median listing pricen/a▼ 2.4% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Akron, OH

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Summit County537,864$233k$1,2606.5%inland flooding
Portage County161,956$287k$1,3645.7%inland flooding
Bear case

What can break the county thesis

  1. Property-level taxes, insurance, flood-zone conditions, and operating costs could reduce the gross-yield case.
  2. Asking-rent and listing evidence may not translate into collected rent, occupancy, or a realizable sale price.
  3. Net household outflow and weakening covered employment could limit tenant or resale demand despite wage growth and investor participation.
Underwriting questions

Before pricing a property

What rent measure is available?

The record provides median monthly market asking rent. HUD FMR is a separate payment standard, not a market-rent estimate.

What does the appreciation evidence establish?

Zillow and FHFA both indicate positive direction, but FHFA is a repeat-transaction index rather than a dollar home value, and the observations use separate periods and methods.

What prevents a net-return conclusion?

The record lacks property-specific operating expenses, insurance premiums, vacancy, financing terms, and lease details, so the reported gross yield cannot establish cash-on-cash return.