How much is a 2-bedroom apartment in New Franklin, OH?
In New Franklin, OH, the median gross rent for a two-bedroom home is $1,094 (±$69) a month (2020–2024 American Community Survey, table B25031).
A three-bedroom home rents for a median of $1,369 (±$343).
HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Akron, OH MSA is $1,231.
Figures last updated on .
- 2 bedrooms
- $1,094 (±$69)
- 3 bedrooms
- $1,369 (±$343)
Rent by bedroom count in New Franklin
| New Franklin | Summit County | Ohio | United States | |
|---|---|---|---|---|
| 2 bedrooms | $1,094 (±$69) | $1,080 (±$18) | $1,063 (±$6) | $1,407 |
| 3 bedrooms | $1,369 (±$343) | $1,116 (±$21) | $1,176 (±$6) | $1,584 |
A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.
Census rents against HUD’s Fair Market Rent, fiscal year 2027
| Census median, this place | HUD Fair Market Rent | |
|---|---|---|
| 1 bedroom | — | $952 |
| 2 bedrooms | $1,094 (±$69) | $1,231 |
| 3 bedrooms | $1,369 (±$343) | $1,474 |
A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.
The two answer different questions and are not expected to match.
Median gross rent, 2 bedrooms in places near New Franklin
| Place | Distance | Median gross rent, 2 bedrooms | Compared with this place |
|---|---|---|---|
| New Franklin | — | $1,094 (±$69) | — |
| Barberton | 3.8 mi | $848 (±$67) | Lower |
| Canal Fulton | 4.3 mi | $798 (±$239) | Lower |
| Coventry Township | 4.4 mi | $1,230 (±$117) | Higher |
| Portage Lakes | 4.5 mi | $1,257 (±$112) | Higher |
| Doylestown | 5.9 mi | $952 (±$30) | Lower |
| Green | 5.9 mi | $1,303 (±$105) | Higher |
| Norton | 6.1 mi | $1,120 (±$169) | Not measurably different |
| Lawrence Township (Stark County) | 6.1 mi | $880 (±$204) | Not measurably different |
Nearby places with a measurably lower figure: Barberton, OH ($848), Canal Fulton, OH ($798), Doylestown, OH ($952).
Nearby places with a measurably higher figure: Coventry Township, OH ($1,230), Portage Lakes, OH ($1,257), Green, OH ($1,303).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent, 2 bedrooms across Summit County, place by place
| Rank | Place | Median gross rent, 2 bedrooms |
|---|---|---|
| 12 | Stow | $1,256 (±$88) |
| 13 | Coventry Township | $1,230 (±$117) |
| 14 | Boston Township | $1,190 (±$148) |
| 15 | Cuyahoga Falls | $1,134 (±$35) |
| 16 | Norton | $1,120 (±$169) |
| 17 | Tallmadge | $1,102 (±$73) |
| 18 | New Franklin | $1,094 (±$69) |
| 19 | Springfield Township (Summit County) | $1,056 (±$155) |
| 20 | Lakemore | $1,055 (±$215) |
| 21 | Munroe Falls | $1,036 (±$840) |
| 22 | Mogadore | $1,010 (±$244) |
| 23 | Akron | $966 (±$24) |
| 24 | Northfield | $876 (±$53) |
Showing 13 of 27 places in Summit County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about New Franklin
How much is a two-bedroom apartment in New Franklin?
The median gross rent for a two-bedroom home in New Franklin, OH is $1,094 (±$69) a month (2020–2024 American Community Survey).
How much does a three-bedroom rental cost in New Franklin?
The median gross rent for a three-bedroom home in New Franklin, OH is $1,369 (±$343) a month (2020–2024 American Community Survey).
Sources
- Median Gross Rent by Bedrooms (B25031), 2020–2024 ACS 5-year estimates — New Franklin city, Ohio
- HUD Fair Market Rents, fiscal year 2027: Akron, OH MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Akron, OH MSA
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) for New Franklin city, Ohio (place:54562, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Types of homes in New Franklin
- Bedrooms in New Franklin
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- How long people stay in New Franklin
- Crowding and facilities in New Franklin
- Fair Market Rent in New Franklin
- Ohio landlord and tenant rules
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