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Rental Market Trends in Mentor, OH

Updated August 2026

The average rent in Mentor, OH is $1,040/month.

Rent in Mentor is 37% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,040/month

Average Rent

712 Sq Ft

Average Size

+1.4%

Change / Year

240

Available Apartments

Mentor rent varies by unit size and layout:

  • Studio apartments in Mentor average $796 per month.
  • One-bedroom apartments in Mentor average $1,040 per month.
  • Two-bedroom apartments in Mentor average $1,286 per month.
  • Three-bedroom apartments in Mentor average $1,246 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$796/month
485 Sq Ft
One Bedroom
$1,040/month
712 Sq Ft
Two Bedroom
$1,286/month
973 Sq Ft
Three Bedroom
$1,246/month
1,157 Sq Ft
View Mentor Apartments

How much has average rent changed in Mentor, OH?

In the past year, rent has increased by 1.4%, which averages out to $15 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Mentor, OH

August 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Mentor, OH
Percentage*
Rent Range
0% Below $700/month
7% $700 - $1,000/month
87% $1,001 - $1,500/month
7% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Mentor, OH?

Because the average rent in Mentor is $1,040, you’ll want to make about $3,466 per month or $41,592 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Mentor, OH

240 Available Apartments for Rent

Search for Nearby Apartments

How does Mentor, OH compare to other nearby cities and neighborhoods?

Use the tool below to compare Mentor, OH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Mentor Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Mentor-on-the-Lake

    Mentor-on-the-Lake

    Avg Rent: $1,028/month

  • Willoughby

    Willoughby

    Avg Rent: $1,349/month

  • Fairport Harbor

    Fairport Harbor

    Avg Rent: $574/month

  • Painesville

    Painesville

    Avg Rent: $1,066/month

  • Eastlake

    Eastlake

    Avg Rent: $949/month

Apartment Communities in Mentor We Think You'll Love

Tamarac Apartments

Tamarac Apartments

38360 Tamarac Blvd,
Willoughby, OH 44094

1-2 Beds | $1,425 - $1,835

Park House 7945-7947 Mentor Ave

Park House 7945-7947 Mentor Ave

7945-7947 Mentor Ave,
Mentor, OH 44060

1-2 Beds | $1,200 - $1,300

Normandy Manor Apartments

Normandy Manor Apartments

5782 Andrews Rd,
Mentor-on-the-Lake, OH 44060

1-2 Beds | Call for Rent

The Residences At Chagrin River Walk

The Residences At Chagrin River Walk

38401 Mentor Ave,
Willoughby, OH 44094

Studio - 2 Beds | $1,268 - $2,477

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Frequently Asked Questions

What is the average rent in Mentor?

The average rent in Mentor is $1,040 per month, which is 37.5% lower than the national average of $1,663.

Are rents going up or down in Mentor?

Rents in Mentor, OH are increasing, with prices up 1.4% year-over-year and $15 more per month.

What rent range is most common in Mentor?

In Mentor, OH, 87% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Ohio Mentor Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity