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 $195,002, higher than the Ohio average of $181,280.
The average cost of rent is $1,003/mo in Mentor, primarily driven by the current value of real estate in the Mentor area. While nearly 39.91% of residents own their homes outright in Mentor, 17.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mentor is $6,928 per month. Households that rent pay about 14.48% of their income on rent here. Mentor's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Mentor-on-the-Lake, OH: less expensive homes
- Grand River, OH: less expensive homes
- Kirtland Hills, OH: higher priced homes
- Painesville, OH: equally priced 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: equally priced homes
- Meriden, CT: equally priced homes
- Novi, MI: higher priced homes
- Ormond Beach, FL: higher priced homes
- Panama City, FL: less expensive homes
- Petersburg, VA: less expensive homes
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