What is the median rent in Mentor, OH?
The median gross rent in Mentor, OH is $1,239 (±$74) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 2,864 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Mentor, the median gross rent went from $958 in 2015–2019 to $1,239 in 2020–2024 (+29.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,239 (±$74)
- Rented homes
- 2,864 (±422)
- $2,000 or more
- 14.6%
- Since 2015–2019
- +29.3%
How much rent costs in Mentor
| Monthly gross rent | Mentor | Lake County | Ohio | United States |
|---|---|---|---|---|
| Less than $500 | 0.8% (±0.9 points) | 3.8% | 8.8% | 6.3% |
| $500 to $999 | 20.1% (±6.2 points) | 33.0% | 38.3% | 20.2% |
| $1,000 to $1,499 | 51.8% (±8.5 points) | 45.4% | 34.5% | 28.1% |
| $1,500 to $1,999 | 12.6% (±5.2 points) | 12.5% | 12.3% | 21.1% |
| $2,000 to $2,499 | 9.5% (±8.2 points) | 3.3% | 3.7% | 12.0% |
| $2,500 to $2,999 | 0.0% (±1.3 points) | 0.3% | 1.1% | 5.5% |
| $3,000 or more | 5.1% (±2.9 points) | 1.7% | 1.3% | 6.8% |
The most common range is $1,000 to $1,499, paid by 51.8% of renting households.
14.6% of rented homes in Mentor cost $2,000 or more a month.
Mentor against Lake County, its state and the nation
| Mentor | Lake County | Ohio | United States | |
|---|---|---|---|---|
| Median gross rent | $1,239 (±$74) | $1,113 (±$21) | $1,034 (±$5) | $1,413 |
| Rented homes paying rent | 2,864 (±422) | 23,117 (±907) | 1,512,031 (±11,174) | 42,849,984 |
In Mentor, median gross rent is higher than in Lake County ($1,113).
It is also higher than in Ohio ($1,034).
It is lower than the national figure ($1,413).
In Lake County, Mentor ranks 3 of 21 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 252 of 1,916.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Mentor has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $958 (±$38) | $1,239 (±$74) | +29.3% | No measurable change after inflation |
| Households that rent | 14.8% (±1.6 points) | 15.3% (±2.1 points) | +0.5 percentage points | Not a measurable change |
| Rental vacancy rate | 7.8% (±3.7 points) | 6.5% (±3.6 points) | −1.3 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Mentor
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Mentor | — | $1,239 (±$74) | — |
| Mentor-on-the-Lake | 2.2 mi | $1,062 (±$125) | Lower |
| Grand River | 4.5 mi | $1,063 (±$86) | Lower |
| Painesville | 4.6 mi | $1,036 (±$53) | Lower |
| Willoughby | 5.1 mi | $1,171 (±$38) | Not measurably different |
| Fairport Harbor | 5.1 mi | $974 (±$151) | Lower |
| Concord Township (Lake County) | 5.3 mi | $1,334 (±$76) | Not measurably different |
| Eastlake | 5.3 mi | $973 (±$60) | Lower |
| Timberlake | 5.8 mi | $1,125 (±$860) | Not measurably different |
Nearby places with a measurably lower figure: Mentor-on-the-Lake, OH ($1,062), Grand River, OH ($1,063), Painesville, OH ($1,036).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Lake County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Concord Township (Lake County) | $1,334 (±$76) |
| 2 | North Perry | $1,281 (±$307) |
| 3 | Mentor | $1,239 (±$74) |
| 4 | Wickliffe | $1,207 (±$220) |
| 5 | Willoughby | $1,171 (±$38) |
| 6 | North Madison | $1,155 (±$137) |
| 7 | Timberlake | $1,125 (±$860) |
| 8 | Willoughby Hills | $1,116 (±$27) |
| 9 | Madison Township (Lake County) | $1,076 (±$113) |
Showing 9 of 21 places in Lake County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Mentor
What is the average rent in Mentor, OH?
The Census Bureau publishes the median rather than the average: the median gross rent in Mentor is $1,239 (±$74) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Mentor?
In Mentor, the median gross rent went from $958 in 2015–2019 to $1,239 in 2020–2024 (+29.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Mentor cost more than $2,000 a month?
14.6% of rented homes in Mentor have a gross rent of $2,000 or more a month, and 0.8% cost less than $500.
Is rent in Mentor higher than in Lake County?
In Mentor, median gross rent is higher than in Lake County ($1,113).
It is also higher than in Ohio ($1,034).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mentor city, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mentor city, Ohio
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Mentor city, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Mentor city, Ohio (place:49056, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Vacancy rate in Mentor
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- Population growth in Mentor
- How long people stay in Mentor
- Crowding and facilities in Mentor
- Fair Market Rent in Mentor
- Ohio landlord and tenant rules
- Housing across Lake County
- Ohio places ranked by median rent
- Housing data for every place in Ohio