Home prices
The median home value in Mentor is $172,400. This is approximately $20,960 (10%) lower compared to the surrounding areas.Compared to the United States as a whole it is approximately $45,100 (20%) lower, and it is approximately $102,800 (147%) higher in comparison to the city of Cleveland.
Rents
Mentor's median monthly rent is $958. This is about $40 (3%) lower compared to the surrounding areas.It is roughly $104 (9%) lower in comparison to the country as a whole, and in comparison to the city of Cleveland it is approximately $239 (33%) higher.
Nearby places
Mentor-on-the-Lake
Mentor-on-the-Lake is Mentor's neighbor to the northwest. Its real estate prices are a little less expensive. The value of the median home in Mentor-on-the-Lake is $133,200, which is $39,200 (29%) lower than Mentor. Rent there is somewhat less expensive. In Mentor-on-the-Lake the median monthly rent is $902, which works out to $56 (6%) lower than Mentor.
Kirtland Hills
Kirtland Hills is Mentor's neighbor to the south. The real estate prices there are a lot more expensive. The median home in Kirtland Hills costs $455,000, which comes out to $282,600 (62%) higher than Mentor. Rents there are significantly more expensive. In Kirtland Hills the median rent is $1,417 a month, which works out to $459 (32%) higher than Mentor.
Grand River
Grand River is Mentor's neighbor to the northeast. The housing prices there are a lot less expensive. The median home in Grand River costs $122,600, which comes out to $49,800 (40%) lower than Mentor. Its rents are fairly similar. Grand River's median monthly rent is $950, which is very similar to Mentor.
Willoughby
Willoughby is Mentor's neighbor to the southwest. The real estate prices there are a bit less expensive. The median home in Willoughby is valued at $152,700, which is $19,700 (12%) lower than Mentor. Rent there is pretty similar. The median monthly rent in Willoughby is $940, which is $18 (1%) lower than Mentor.
Painesville
Painesville is Mentor's neighbor to the northeast. The housing prices there are significantly less expensive. The median home in Painesville is valued at $103,300, which works out to $69,100 (66%) lower than Mentor. Rent there is somewhat less expensive. Painesville's median monthly rent is $780, which comes out to $178 (22%) lower than Mentor.
