Home Price Key
Affordable
Average
Expensive
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 $185,746, lower than the Minnesota average of $269,934.
The average cost of rent is $923/mo in Mentor, primarily driven by the current value of real estate in the Mentor area. While nearly 57.92% of residents own their homes outright in Mentor, 6.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mentor is $5,892 per month. Households that rent pay about 15.67% of their income on rent here. Mentor's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Erskine, MN: less expensive homes
- Fertile, MN: less expensive homes
- Rindal, MN: higher priced homes
- Winger, MN: higher priced homes
- Terrebonne, MN: less expensive homes
- Brooks, MN: less expensive homes
- Mcintosh, MN: less expensive homes
- Angus, MN: less expensive homes
- Red Lake Falls, MN: less expensive homes
- Gentilly, MN: higher priced homes
Cities with Similar Populations
- South Torrington, WY: higher priced homes
- Kidder, MO: less expensive homes
- Klamath, CA: equally priced homes
- Lake Quivira, KS: higher priced homes
- Lake Talmadge, GA: higher priced homes
- Langley, KY: less expensive homes
- Leo, SC: less expensive homes
- Mead, NE: equally priced homes
- Sontag, MS: less expensive homes
- South Monterey, MI: equally priced homes
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