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Dayton vs Akron for Rental Property Investing

Side-by-side comparison of Dayton, OH and Akron, OH — cap rates, rent, prices, and investment metrics.

Dayton wins 5–2 across key metrics
Dayton leads on cash flow (5.24% vs 5.16% cap rate)
Metric
Dayton, OH
Akron, OH
Est. Cap Rate
5.24%
5.16%
Median Home Price
$140,000
$145,000
Median Monthly Rent
$960
$980
1% Rule
0.69%
0.68%
GRM
12.2x
12.3x
Price / Income
3.9x
3.6x
Property Tax Rate
1.6%
1.58%
Vacancy Rate
7.2%
7%
Population Growth
-0.1% / yr
-0.2% / yr
Annual Appreciation
2%
1.9%
Population
140,407
190,469
Median Income
$36,200
$39,800

Dayton vs Akron: Which Is Better for Investors?

Cash flow: Dayton has the edge with an estimated cap rate of 5.24% compared to Akron's 5.16%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $140,000 in Dayton vs $145,000 in Akron, while rents come in at $960/mo and $980/mo respectively.

Growth & appreciation: Dayton is growing faster at -0.1% annually, while Akron is losing population. Dayton leads on home value appreciation at 2% per year.

Costs & risk: Property taxes are 1.6% in Dayton vs 1.58% in Akron. Vacancy rates of 7.2% and 7% are mixed — Akron has the tighter rental market.

Bottom line: Dayton edges out Akron on most key metrics. With a 5.24% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Dayton or Akron.

Dayton, OH
5.24% cap rate · $140,000 median · $960/mo
Full analysis →
Akron, OH
5.16% cap rate · $145,000 median · $980/mo
Full analysis →
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