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Mentor, OH
Full City Profile · Ohio · Lake County County
3.7
/5.0
B+
Good
47,215
Population
1,698/sq mi density
$89,202
Median Income
$46,593 per capita
$229,500
Home Value
$263,746 Zillow
$1,192
Median Rent
26.7% income on rent
53°F
Avg Temperature
275 sunny days/yr
133
Violent Crime/100K
1,487 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$89,202 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$229,500 home value, $1,192/mo rent
F
Safety
1.0 / 5.0
133 violent crimes/100K
B+
Education
3.8 / 5.0
35.6% bachelor's degree or higher
Housing Overview
Median Home Value
$229,500
19% below
US avg: $281,900
Median Rent
$1,192/mo
2% above
US avg: $1,163/mo
Homeownership Rate
84.4%
29% above US avg (65.4%)
Total Housing Units
20,564
Median year built: 1974
Home Value by Source
Census Median
$229,500
Zillow (ZHVI)
$263,746
Median Sale Price
$246,000
Median List Price
$294,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.4%
Owner-Occupied
15.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$1,192/mo
· Zillow rent:
$1,572/mo
Market Indicators (Redfin)
Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
54
Price Drops
26.2%
of listings with price reduction
Price Per Sq Ft
$161
Active Inventory
61
homes for sale
Affordability & Housing Stock
Rent Burden
26.7%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
84.4%
Complete Housing Data
Home Values
| Census Median Value | $229,500 |
| Zillow Home Value (ZHVI) | $263,746 |
| Median Sale Price | $246,000 |
| Median List Price | $294,450 |
| Price Per Sq Ft | $161 |
Rent
| Census Median Rent | $1,192 |
| Zillow Rent (ZORI) | $1,572 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 39 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.2% |
| Homes Sold | 54 |
| Active Inventory | 61 |
| Price Per Sq Ft | $161 |
Ownership & Stock
| Owner-Occupied | 84.4% |
| Renter-Occupied | 15.6% |
| Homeownership Rate | 84.4% |
| Total Housing Units | 20,564 |
| Median Year Built | 1974 |
| Rent Burden | 26.7% |