How much is a home worth in ZIP code 44306?

The typical home in 44306 is worth $91,288, based on the Zillow Home Value Index.

Are home values rising in 44306?

Home values in 44306 are down 0.3% over the past year, and up 6.2% a year over five years.

What is the typical rent in 44306?

A typical home in 44306 rents for about $1,045 a month, a gross rental yield of 13.7%.

What is the property tax rate in 44306?

The effective property tax rate in 44306 is 1.4% — roughly $1,264 a year on a typical home.

ZIP code 44306 has a population of 20,905 and a median household income of $41,688.

HousingHandbookReference data

…

U.S. ZIP Code · OH44306

Summit County · Akron, OH

Typical home value

$91,288^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.3%
5-year / yr: +6.2%
10-year / yr: +8.8%

Relative price

vs U.S.: -67.9%
vs metro: -64.5%
vs state: -58.3%

Price history

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

The typical home in 44306 is worth $91,288 — 64.5% below the Akron, OH median. Over the past year, values have fallen 0.3%. Homes here rent for a typical $1,045 a month — a 13.7% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

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

Monthly rent: $1,045^[2]
Gross yield: 13.7%^[2]
Cap rate: 8.2%^[2]

#Property tax

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

Effective tax rate: 1.4%^[3]
Typical annual tax: $1,264^[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: 20,905^[3]
Median household income: $41,688^[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: 5
Elementary: 5
Middle: 0
High: 0

Case Preparatory Academy
Elementary · Grades K–8 · Case Preparatory Academy
339 students
Mason Community Learning Center
Elementary · Grades PK–5 · Akron City
280 students
Henry L Robinson Community Learning Center
Elementary · Grades PK–5 · Akron City
269 students
David Hill Community Learning Center
Elementary · Grades K–5 · Akron City
237 students
Glover Community Learning Center
Elementary · Grades K–5 · Akron City
229 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 yield13.7%

Net yield (after ~40% expenses)8.2%

Annual rent$12,546

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$462

Loan principal$73,030

Down payment$18,258

Total interest paid$93,146

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 ratio0.62

Monthly cost to own$643

Monthly rent$1,045

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: 79th percentile^[1]
Rental yield: 95th percentile^[2]
Property tax: 44th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 44306?: The typical home in 44306 is worth $91,288, based on the Zillow Home Value Index.
Are home values rising in 44306?: Home values in 44306 are down 0.3% over the past year, and up 6.2% a year over five years.
What is the typical rent in 44306?: A typical home in 44306 rents for about $1,045 a month, a gross rental yield of 13.7%.
What is the property tax rate in 44306?: The effective property tax rate in 44306 is 1.4% — roughly $1,264 a year on a typical home.
Who lives in 44306?: ZIP code 44306 has a population of 20,905 and a median household income of $41,688.

#Comparable ZIPs

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

44304 vs 44306 →
Akron, OH
Typical home
$99,552
Gross yield
11.4%
44311 vs 44306 →
Akron, OH
Typical home
$80,994
Gross yield
14.5%
44307
Akron, OH
Typical home
$80,700
Gross yield
—
44314
Akron, OH
Typical home
$108,529
Gross yield
13.4%
44320
Akron, OH
Typical home
$112,045
Gross yield
12.0%
44250
Lakemore, OH
Typical home
$112,899
Gross yield
—

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Pit ZIP 44306 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH44306

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