Side-by-side comparison of Akron, OH and Toledo, OH — cap rates, rent, prices, and investment metrics.
Cash flow: Akron has the edge with an estimated cap rate of 5.16% compared to Toledo's 5.11%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $145,000 in Akron vs $135,000 in Toledo, while rents come in at $980/mo and $920/mo respectively.
Growth & appreciation: Akron is growing faster at -0.2% annually, while Toledo is losing population. Akron leads on home value appreciation at 1.9% per year.
Costs & risk: Property taxes are 1.58% in Akron vs 1.65% in Toledo. Vacancy rates of 7% and 7.5% are mixed — Akron has the tighter rental market.
Bottom line: Akron edges out Toledo on most key metrics. With a 5.16% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Akron or Toledo.