The Most Affordable Neighborhoods in Mentor, IN by Home Value

 

Mentor, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mentor area can be challenging. Home prices in Mentor are now at a median cost of $105,062, lower than the Indiana average of $175,617.

The average cost of rent is $608/mo in Mentor, primarily driven by the current value of real estate in the Mentor area. While nearly 58.06% of residents own their homes outright in Mentor, 13.69% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mentor is $3,853 per month. Households that rent pay about 15.77% of their income on rent here. Mentor's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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