salaryRent is lower than in 65% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (84.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $54,800 a year. That is $26 an hour at a full-time job.
Is rent cheaper than other Ohio cities?
No. Rent here is more expensive than in most of Ohio. It is number 173 of 288 cities from cheapest to most expensive.
How much do households earn in Mentor?
Share of households by yearly income. 32.2% of households earn $100,000 or more.
Rent by apartment size in Mentor
| Size | Mentor | U.S. average |
|---|---|---|
| 1 bedroom | $1,069 | $1,324 |
| 2 bedrooms | $1,270 | $1,509 |
| 3 bedrooms | $1,753 | $1,698 |
| 4 bedrooms | $1,472 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Mentor overall?
Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Mentor, so the Ohio figure is shown.
Taxes and bills in Mentor
Life in Mentor
Is it cheaper to rent or buy in Mentor?
Renting is cheaper right now: about $349 a month less.
Owning assumes a typical $247,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,770 for the down payment.
Frequently asked questions
What is the average rent in Mentor, OH?
Renting in Mentor costs a median of about $1,370 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Mentor?
To keep rent under 30% of income, you need about $54,800 a year, or $26 an hour at a full-time job.
Is Mentor cheap or expensive?
Mentor is rated Cheap: rent takes 17.1% of the typical household income of $95,931. It ranks 173rd cheapest of 288 Ohio cities we track.
How much are property taxes in Mentor?
The median homeowner in Mentor pays $3,481 a year in property taxes, about 1.41% of the median home value.
Is Mentor more expensive than the national average?
Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Mentor?
The median home value in Mentor is $247,700, about 2.6 times the typical yearly household income.
47,171 people live in Mentor. Numbers are typical (middle) values.