The 10 Most Affordable Neighborhoods in Akron, Ohio for First-Time Homebuyers

Buying your first home is a thrilling experience, but it can also be a daunting one. Especially when you’re trying to find a neighborhood that’s not only safe and welcoming but also affordable. If you’re looking at Akron, Ohio, you’re in luck! This city is known for its affordable housing and diverse neighborhoods. As a real estate expert who has spent years in the field, I’ve compiled a list of the 10 most affordable neighborhoods in Akron for first-time homebuyers. So, let’s dive in and explore these hidden gems! 🏡

1. Goodyear Heights

Goodyear Heights is a historic neighborhood named after the Goodyear Tire and Rubber Company. It’s a great place for first-time homebuyers due to its affordable housing and close-knit community. The median home price here is around $80,000, making it a steal for those on a budget.

2. Firestone Park

Another neighborhood with ties to Akron’s rubber industry, Firestone Park, offers affordable homes with a median price of $85,000. The area boasts a strong sense of community, with regular neighborhood events and a well-maintained park.

3. Kenmore

Kenmore is a diverse neighborhood with a rich history and a median home price of $70,000. It’s known for its music scene, with several live music venues and an annual music festival.

4. North Hill

North Hill is a culturally diverse neighborhood with a strong sense of community. The median home price is around $75,000, and the area is known for its unique shops and restaurants.

5. Ellet

Ellet is a family-friendly neighborhood with a median home price of $100,000. It’s known for its excellent school system and its close proximity to the Akron-Canton Airport.

6. West Akron

West Akron is a diverse neighborhood with a range of housing options. The median home price is around $90,000, and the area is known for its historic homes and beautiful parks.

7. Highland Square

Highland Square is a vibrant neighborhood with a strong sense of community. The median home price is around $110,000, and the area is known for its eclectic mix of shops, restaurants, and entertainment venues.

8. Wallhaven

Wallhaven is a quiet, residential neighborhood with a median home price of $120,000. It’s known for its well-maintained homes and its close proximity to shopping and dining options.

9. Merriman Valley

Merriman Valley is a scenic neighborhood nestled along the Cuyahoga River. The median home price is around $130,000, and the area is known for its outdoor recreational opportunities.

10. Fairlawn Heights

While Fairlawn Heights is on the higher end of the price range with a median home price of $150,000, it’s known for its beautiful homes and well-maintained neighborhoods. It’s a great option for those who can stretch their budget a bit further.

FAQs

Q: What is the overall average home price in Akron, Ohio?
A: The overall average home price in Akron, Ohio is around $80,000, making it a very affordable city for first-time homebuyers.

Q: Are these neighborhoods safe for families?
A: Yes, these neighborhoods are known for their strong sense of community and family-friendly environments.

Q: What is the cost of living in Akron, Ohio?
A: The cost of living in Akron, Ohio is lower than the national average, making it an affordable option for first-time homebuyers.

Conclusion

Buying your first home is a big step, but it doesn’t have to be a stressful one. By choosing to buy in Akron, Ohio, you’re not only investing in a home but also a community. From the historic charm of Goodyear Heights to the vibrant energy of Highland Square, there’s a neighborhood to suit every lifestyle and budget. So, take the plunge and start your home buying journey in one of these affordable Akron neighborhoods. Happy house hunting! 🏠

Kurby Team

The Kurby Content Team is a diverse group of seasoned real estate experts dedicated to providing insightful, reliable information for homebuyers, real estate investors, and real estate agents. With backgrounds ranging from real estate brokerage, property investment, and residential home buying, our team combines decades of experience with a passion for demystifying the real estate world. We at Kurby are committed to helping you make informed, successful real estate decisions. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, count on the Kurby Content Team to deliver the most relevant, actionable real estate content you need.