How much is a home worth in ZIP code 44311?

The typical home in 44311 is worth $80,994, based on the Zillow Home Value Index.

Are home values rising in 44311?

Home values in 44311 are down 1.3% over the past year, and up 5.4% a year over five years.

What is the typical rent in 44311?

A typical home in 44311 rents for about $982 a month, a gross rental yield of 14.5%.

What is the property tax rate in 44311?

The effective property tax rate in 44311 is 1.2% — roughly $933 a year on a typical home.

ZIP code 44311 has a population of 7,547 and a median household income of $24,369.

HousingHandbookReference data

…

U.S. ZIP Code · OH44311

Summit County · Akron, OH

Typical home value

$80,994^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.3%
5-year / yr: +5.4%
10-year / yr: +8.8%

Relative price

vs U.S.: -71.5%
vs metro: -68.5%
vs state: -63.0%

Price history

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

The typical home in 44311 is worth $80,994 — 68.5% below the Akron, OH median. Over the past year, values have fallen 1.3%. Homes here rent for a typical $982 a month — a 14.5% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent: $982^[2]
Gross yield: 14.5%^[2]
Cap rate: 8.7%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $933^[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: 7,547^[3]
Median household income: $24,369^[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: 2
Elementary: 1
Middle: 0
High: 0

Leggett Community Learning Center
Elementary · Grades K–5 · Akron City
359 students
Reach Center Summit Lake
Prekindergarten · Grades PK · Akron City
24 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 yield14.5%

Net yield (after ~40% expenses)8.7%

Annual rent$11,783

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$410

Loan principal$64,795

Down payment$16,199

Total interest paid$82,643

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 ratio0.56

Monthly cost to own$555

Monthly rent$982

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: 23rd percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 21st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 44311?: The typical home in 44311 is worth $80,994, based on the Zillow Home Value Index.
Are home values rising in 44311?: Home values in 44311 are down 1.3% over the past year, and up 5.4% a year over five years.
What is the typical rent in 44311?: A typical home in 44311 rents for about $982 a month, a gross rental yield of 14.5%.
What is the property tax rate in 44311?: The effective property tax rate in 44311 is 1.2% — roughly $933 a year on a typical home.
Who lives in 44311?: ZIP code 44311 has a population of 7,547 and a median household income of $24,369.

#Comparable ZIPs

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

44307 vs 44311 →
Akron, OH
Typical home
$80,700
Gross yield
—
44306 vs 44311 →
Akron, OH
Typical home
$91,288
Gross yield
13.7%
44304
Akron, OH
Typical home
$99,552
Gross yield
11.4%
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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#Jump to section

U.S. ZIP Code · OH44311

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