Affordable
Expensive
Expensive
Colorblind friendly
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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 $258,698, higher than the Ohio average of $236,816.
The average cost of rent is $1,243/mo in Mentor, primarily driven by the current value of real estate in the Mentor area. In Mentor, 15.52% of households rent, and 37.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mentor is $8,133 per month. Households that rent pay about 15.28% of their income on rent here. Mentor’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mentor-on-the-Lake, OH: less expensive homes
- Grand River, OH: less expensive homes
- Kirtland Hills, OH: higher priced homes
- Painesville, OH: less expensive homes
- Willoughby, OH: less expensive homes
- Fairport Harbor, OH: less expensive homes
- Eastlake, OH: less expensive homes
- Waite Hill, OH: higher priced homes
- Kirtland, OH: higher priced homes
- Timberlake, OH: equally priced homes
Cities with Similar Populations
- Revere, MA: higher priced homes
- Leesburg, FL: less expensive homes
- Lenexa, KS: higher priced homes
- Levittown, PA: higher priced homes
- Altamonte Springs, FL: higher priced homes
- Meriden, CT: equally priced homes
- Novi, MI: higher priced homes
- Ormond Beach, FL: higher priced homes
- Panama City, FL: equally priced homes
- Petersburg, VA: less expensive homes
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