Akron Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Akron is $19.67 per square foot, 0.80% higher compared to the previous year.
  • The average sale price for office space in Akron is $118.63 per square foot, marking an increase of 415.72% compared to 2024.
  • The market’s vacancy rate stands at 16.57%, lower than the state average of Ohio, which is 22.00%.

2025 Office Space Rent & Sales

  • $19.67 2025 Avg. Asking Rent
  • 0.80% Y-o-Y Avg. Asking Rent Change
  • 16.57% 2025 Office Vacancy Rate
  • $194.5M2025 Total Office Sales
  • $118.63Avg. Sale Price/SF

What is the average asking rent price for office space in Akron?

Average asking rents for office space here stand at $19.67 per square foot. The local office market recorded an average vacancy rate of 16.57% in 2025, unchanged from 16.57% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $194.5M across 8 sales. These transactions commanded an average sale price per square foot of $118.63.

Akron, OH Office Asking Rents by Class

What is the average office rent per square foot by property class in Akron?

  • Avg. Asking Rent Class A & A+$19.99
  • Avg. Asking Rent Class B$18.31

What is the average office rent per square foot by property class in OH?

  • Avg. Asking Rent Class A & A+$23.73
  • Avg. Asking Rent Class B$18.59
  • Avg. Asking Rent Class C$13.83

For comparison, the average rent for Class A and A+ office space in Ohio was $23.73 per square foot. The state-wide average for Class B space was $18.59 per square foot, and Class C office spaces averaged $13.83 per square foot.

Akron, OH Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Akron was Akron at 18.04%. Meanwhile, the highest office vacancy rate in the market was 25.84%, recorded in South Summit County.
Submarket Asking Rents Vacancy Rates
Akron $19.92 18.04%
South Summit County $8.10 25.84%
Data provided by Yardi Research

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2025 Office Sales Volume

  • $118.632025 Avg. Price per SF
  • $194.5M2025 Office Sales Volume
  • 82025 Number of Transactions

What is the average sale price per square foot for office space in Akron?

Average sale prices for office space in this market recorded a +415.72% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $118.63 per square foot. For comparison, the statewide Ohio average during the same time period stood at $85.59 per square foot, while the national average was $182.48 per square foot.

Akron, OH Sale Price per SF Trend

  • Akron Avg. Sale Price per SF in 2025$118.63
  • Ohio Avg. Sale Price per SF in 2025$85.59

What was the total office sales volume in Akron in 2025?

The local office market recorded 8 deals in 2025, adding up to a yearly sales volume of $194.5M.

  • Akron, OH Total Office Sales Volume in 2025 $194.5M
  • Akron, OH Total Number of Office Sales Closed in 2025 8
Data provided by Yardi Research

Office Construction in Akron, OH

What are the largest recent office completions in Akron?

The largest recent office completion here is The 159 Main at 205,000 square feet, completed in 2021. The next largest completions are 755 White Pond Drive and 755 White Pond Drive.

Office building Address SF Completed
1627 Krumroy Road 1627 Krumroy Road, 44306 4,600 2024
The 159 Main 159 South Main Street, 44308 205,000 2021
701 White Pond Drive 701 White Pond Drive, 44320 44,587 2010
Neuroscience Center 701 White Pond Drive, 44320 44,587 2010
219 S Main St 219 S Main St, 44308 27,832 2010
755 White Pond Drive 755 White Pond Drive, 44320 45,427 2005
755 White Pond Drive 755 White Pond Dr., 44308 45,026 2005
450, 460 & 470 White Pond Drive 450 White Pond Drive, 44320 37,360 2000
White Pond Corporate Park White Pond Drive, 44320 10,590 1999
308 North Cleveland Massillon Road 308 North Cleveland Massillon Road, 44333 8,856 1993
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.