Rental market snapshot for Mentor-on-the-Lake, Ohio

Mentor-on-the-Lake, Ohio Rental Property Market Overview

Mentor-on-the-Lake, Ohio is a small city located in Lake County, Ohio. According to the US Census, the population of Mentor-on-the-Lake was 7,092 in 2021. The city is located on the shore of Lake Erie and is known for its beautiful beaches and parks. It is also home to a variety of businesses, restaurants, and other attractions. Mentor-on-the-Lake is a great place to live, work, and play. (Source: US Census, 2021)

The average rent for an apartment in Mentor-on-the-Lake is $1,567. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Mentor-on-the-Lake Ohio | Cost of Living

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Mentor-on-the-Lake ZIP codes with the highest, most expensive rent

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Live near Mentor-on-the-Lake, Ohio's Top Sights and Attractions

VeteranS Park is a beautiful park located on the shores of Lake Erie. It features a large, open grassy area perfect for picnics, a playground, and a walking path. There is also a memorial honoring the veterans of the area, as well as a gazebo and a fishing pier. The park is a great place to relax and enjoy the beauty of nature.

Mentor Beach Park is a scenic lakefront park located on the shores of Lake Erie. It features a wide variety of recreational activities, including a beach, swimming, fishing, picnic areas, playgrounds, and a boardwalk. The park also offers a variety of amenities, such as restrooms, showers, and a concession stand. Visitors can also take advantage of the park's many trails, which offer stunning views of the lake and the surrounding area.

John R Mcminn Memorial Park is a scenic park located on the shores of Lake Erie. It features a variety of outdoor activities, including a playground, picnic areas, walking trails, and a fishing pier. The park also has a beach area, where visitors can enjoy swimming and sunbathing. There are also several pavilions and a gazebo, perfect for hosting events or just relaxing. The park is a great spot for families to spend the day, and is a popular destination for locals and tourists alike.

Overlook Beach Park is a picturesque spot located on the shore of a large lake. It features a wide sandy beach, perfect for swimming, sunbathing, and beach volleyball. There is also a large playground, picnic areas, and a boardwalk with benches and swings. The park also has a boat launch, fishing pier, and a marina for those who want to explore the lake. With its stunning views and plenty of activities, Overlook Beach Park is a great place to spend a day with family and friends.

Mentor-on-the-Lake, Ohio area median rent change by ZIP code map

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How does Mentor-on-the-Lake compare to other cities in Ohio?

citymedian price
Aurora$2,190
Delaware$2,025
Gallipolis$1,945
West Manchester$1,800
North Canton$1,795
Fairview Park$1,590

Average household income in Mentor-on-the-Lake area graph - US Census

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The median household income in Mentor-on-the-Lake in 2021 was $56,532. This represents a 17.6% change from 2011 when the median was $48,060.

#categorypercent
0Less than $10,0005.6%
1$10,000 to $14,9994.0%
2$15,000 to $19,9992.9%
3$20,000 to $24,9993.6%
4$25,000 to $29,9996.5%
5$30,000 to $34,9994.5%
6$35,000 to $39,9993.0%
7$40,000 to $44,9996.0%
8$45,000 to $49,9995.3%
9$50,000 to $59,99914.1%
10$60,000 to $74,9999.4%
11$75,000 to $99,99915.5%
12$100,000 to $124,9997.3%
13$125,000 to $149,9996.0%
14$150,000 to $199,9994.0%
15$200,000 or more2.3%

Neighborhoods in Mentor-on-the-Lake

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Mentor-on-the-Lake is $1,567.
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