HousingHandbookReference data

U.S. ZIP Code · OH44221

Summit County · Akron, OH

Typical home value

$198,250[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.3%
5-year / yr
+6.3%
10-year / yr
+6.5%

Relative price

vs U.S.
-30.2%
vs metro
-23.0%
vs state
-9.3%
ZIP 44221 location in OH
Location of ZIP 44221 in OH

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 44221 is worth $198,250 — 23.0% below the Akron, OH median. Over the past year, values have risen 4.3%. Homes here rent for a typical $1,447 a month — a 8.8% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,447[2]
Gross yield
8.8%[2]
Cap rate
5.3%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.5%[3]
Typical annual tax
$2,948[3]

#Climate risk

FEMA National Risk Index ratings for Summit County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Moderate
Hurricane
Relatively Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
28,546[3]
Median household income
$63,342[3]

#Migration

Household moves in and out of Summit County over a year, from IRS tax-return data.

Net migration
-218[5]
Moved in
12,272
Moved out
12,490

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
7
Elementary
4
Middle
1
High
2
  • Cuyahoga Falls High School

    High · Grades 9–12 · Cuyahoga Falls City

    1,247 students

  • Lincoln Elementary School

    Elementary · Grades K–5 · Cuyahoga Falls City

    398 students

  • Roberts Middle School

    Middle · Grades 6–8 · Cuyahoga Falls City

    379 students

  • Gordon Dewitt Elementary School

    Elementary · Grades K–5 · Cuyahoga Falls City

    357 students

  • Elizabeth Price Elementary School

    Elementary · Grades K–5 · Cuyahoga Falls City

    283 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield8.8%
Net yield (after ~40% expenses)5.3%
Annual rent$17,368

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,002
Loan principal$158,600
Down payment$39,650
Total interest paid$202,286

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.98
Monthly cost to own$1,414
Monthly rent$1,447

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
88th percentile[1]
Rental yield
55th percentile[2]
Property tax
60th percentile[3]

Frequently asked

How much is a home worth in ZIP code 44221?
The typical home in 44221 is worth $198,250, based on the Zillow Home Value Index.
Are home values rising in 44221?
Home values in 44221 are up 4.3% over the past year, and up 6.3% a year over five years.
What is the typical rent in 44221?
A typical home in 44221 rents for about $1,447 a month, a gross rental yield of 8.8%.
What is the property tax rate in 44221?
The effective property tax rate in 44221 is 1.5% — roughly $2,948 a year on a typical home.
Who lives in 44221?
ZIP code 44221 has a population of 28,546 and a median household income of $63,342.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Windham, OH

    Typical home
    $188,193
    Gross yield
  • Norton, OH

    Typical home
    $182,321
    Gross yield
    8.2%
  • Green, OH

    Typical home
    $180,241
    Gross yield
    8.3%
  • Ravenna, OH

    Typical home
    $220,170
    Gross yield
  • OH

    Typical home
    $233,655
    Gross yield
  • New Franklin, OH

    Typical home
    $244,669
    Gross yield
    6.5%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 44221 against any other ZIP — full side-by-side table.

Compare 44221

#Jump to section