How much is a home worth in ZIP code 44305?

The typical home in 44305 is worth $124,022, based on the Zillow Home Value Index.

Are home values rising in 44305?

Home values in 44305 are up 3.9% over the past year, and up 6.6% a year over five years.

What is the typical rent in 44305?

A typical home in 44305 rents for about $1,184 a month, a gross rental yield of 11.5%.

What is the property tax rate in 44305?

The effective property tax rate in 44305 is 1.6% — roughly $1,969 a year on a typical home.

ZIP code 44305 has a population of 21,103 and a median household income of $52,768.

HousingHandbookReference data

…

U.S. ZIP Code · OH44305

Summit County · Akron, OH

Typical home value

$124,022^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.9%
5-year / yr: +6.6%
10-year / yr: +8.6%

Relative price

vs U.S.: -56.3%
vs metro: -51.8%
vs state: -43.3%

Price history

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

The typical home in 44305 is worth $124,022 — 51.8% below the Akron, OH median. Over the past year, values have risen 3.9%. Homes here rent for a typical $1,184 a month — a 11.5% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent: $1,184^[2]
Gross yield: 11.5%^[2]
Cap rate: 6.9%^[2]

#Property tax

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

Effective tax rate: 1.6%^[3]
Typical annual tax: $1,969^[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: 21,103^[3]
Median household income: $52,768^[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: 6
Elementary: 5
Middle: 0
High: 1

East Community Learning Center
High · Grades 6–12 · Akron City
1,070 students
Seiberling Community Learning Center
Elementary · Grades K–5 · Akron City
402 students
Akron Preparatory School
Elementary · Grades K–8 · Akron Preparatory School
378 students
Betty Jane Community Learning Center
Elementary · Grades K–5 · Akron City
337 students
Barber Community Learning Center
Elementary · Grades PK–5 · Akron City
274 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.

Home value$Monthly rent$

Gross yield11.5%

Net yield (after ~40% expenses)6.9%

Annual rent$14,210

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$627

Loan principal$99,218

Down payment$24,804

Total interest paid$126,547

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.76

Monthly cost to own$895

Monthly rent$1,184

Owning is meaningfully cheaper month-to-month.

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: 93rd percentile^[1]
Rental yield: 80th percentile^[2]
Property tax: 91st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 44305?: The typical home in 44305 is worth $124,022, based on the Zillow Home Value Index.
Are home values rising in 44305?: Home values in 44305 are up 3.9% over the past year, and up 6.6% a year over five years.
What is the typical rent in 44305?: A typical home in 44305 rents for about $1,184 a month, a gross rental yield of 11.5%.
What is the property tax rate in 44305?: The effective property tax rate in 44305 is 1.6% — roughly $1,969 a year on a typical home.
Who lives in 44305?: ZIP code 44305 has a population of 21,103 and a median household income of $52,768.

#Comparable ZIPs

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

44301 vs 44305 →
Akron, OH
Typical home
$124,338
Gross yield
11.1%
44310 vs 44305 →
Akron, OH
Typical home
$119,585
Gross yield
10.2%
44302
Akron, OH
Typical home
$135,018
Gross yield
9.9%
44250
Lakemore, OH
Typical home
$112,899
Gross yield
—
44320
Akron, OH
Typical home
$112,045
Gross yield
12.0%
44314
Akron, OH
Typical home
$108,529
Gross yield
13.4%

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Pit ZIP 44305 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH44305

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