Rentometer, Inc. | Data as of 12/16/2025
Mentor‑on‑the‑Lake offers a balanced rental market that appeals to both young professionals and growing families. The city’s waterfront location along Lake Erie provides scenic views and easy access to outdoor recreation, while its proximity to major highways makes commuting to nearby Cleveland convenient. Residents enjoy a blend of historic districts and newer developments, with a variety of dining, shopping, and cultural attractions such as the Mentor Lagoons and the historic Mentor Train Station adding to the community’s charm.
Apartment living is prominent in Mentor, with a strong selection of one‑ and two‑bedroom units that cater to different lifestyles. Rent for one‑bedroom apartments typically falls within the $1000s range, offering affordable options for singles and couples. Two‑bedroom apartments are generally priced in the $1200 range, providing extra space for small families or home‑based work setups. Many of these units are located in well‑maintained complexes near schools, parks, and the bustling downtown area, ensuring residents stay close to essential amenities.
For those seeking more space, three‑bedroom houses are available at rent levels around the $1800 range. These homes often feature yards, garages, and easy access to neighborhood schools and community centers, making them ideal for families looking to settle in a friendly, suburban environment. Whether you prefer a modern apartment or a spacious house, Mentor‑on‑the‑Lake’s rental market delivers a variety of quality housing options that complement the city’s vibrant, lakeside lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,038 | $1,012 | $975 - $1,155 | $1,000 - $1,155 |
| Apartment | 2 Bedroom | $1,164 | $1,192 | $1,025 - $1,280 | $1,100 - $1,200 |
| House | 3 Bedroom | $1,773 | $1,800 | $1,650 - $1,845 | $1,775 - $1,845 |
In the current period, the average rent in Mentor-on-the-Lake was
$1,039 for 1 Bedroom,
$1,384 for 2 Bedroom, and
$1,639 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.