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Rental Market Trends in Mentor, OH

Updated September 2026

The average rent in Mentor, OH is $1,041/month.

Rent in Mentor is 37% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,041/month

Average Rent

712 Sq Ft

Average Size

+1.6%

Change / Year

175

Available Apartments

Mentor rent varies by unit size and layout:

  • Studio apartments in Mentor average $798 per month.
  • One-bedroom apartments in Mentor average $1,041 per month.
  • Two-bedroom apartments in Mentor average $1,290 per month.
  • Three-bedroom apartments in Mentor average $1,239 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$798/month
485 Sq Ft
One Bedroom
$1,041/month
712 Sq Ft
Two Bedroom
$1,290/month
973 Sq Ft
Three Bedroom
$1,239/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 1.6%, which averages out to $17 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Mentor, OH

September 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 $1,041, you’ll want to make about $3,470 per month or $41,640 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

175 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: $1,348/month

  • Fairport Harbor

    Fairport Harbor

    Avg Rent: $574/month

  • Painesville

    Painesville

    Avg Rent: $1,069/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 | $1,435 - $1,845

A FRESH START AT PARK HOUSE APARTMENTS!

A FRESH START AT PARK HOUSE APARTMENTS!

7945-7947 Mentor Ave,
Mentor, OH 44060

2 Beds | $1,300

The Residences At Chagrin River Walk

The Residences At Chagrin River Walk

38401 Mentor Ave,
Willoughby, OH 44094

Studio - 2 Beds | $1,308 - $2,477

Normandy Manor Apartments

Normandy Manor Apartments

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

1-2 Beds | $965 - $1,085

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Frequently Asked Questions

What is the average rent in Mentor?

The average rent in Mentor is $1,041 per month, which is 37.5% lower than the national average of $1,665.

Are rents going up or down in Mentor?

Rents in Mentor, OH are increasing, with prices up 1.6% year-over-year and $17 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 September 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity