Last updated on July 23, 2026

Average rent in
Mentor-on-the-Lake, OH

Median rent

Median rent in Mentor On The Lake

$1,550/mo

increased by19%

vs previous year

The average rent in Mentor On The Lake is $1,550 per month as of July 2026. This is 20% below the national average rent, or $395 less per month.

$1.65

average price per square foot

Total rentals

Available rentals in Mentor On The Lake

16

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Mentor On The Lake rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Mentor-on-the-Lake, OH

Average rent prices in Mentor On The Lake have decreased by 15% over the last month and have increased by 19% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Mentor-on-the-Lake, OH

Rent prices in Mentor On The Lake vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Mentor On The Lake is $1,607, whereas a house costs $1,889. 1-bedroom apartments in Mentor On The Lake run $1,627 on average, while 2-bedroom apartments are $1,150.

Listings

Studio

$1,409

-

-

1 bedroom

$1,607

5%

-

2 bedroom

$1,709

1%

56%

3 bedroom

$1,750

No Change

3%

4 bedroom

$2,799

No Change

34%

Studio

Average rent

$1,409

1 bedroom

Average rent

$1,607

Last 30 days

5%

2 bedroom

Average rent

$1,709

Last 30 days

1%

Last year

56%

3 bedroom

Average rent

$1,750

Last 30 days

No Change

Last year

3%

4 bedroom

Average rent

$2,799

Last year

34%

The table above reflects average rent prices in Mentor-on-the-Lake, OH, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Mentor On The Lake, OH compare to other cities?

Compare median rent prices in Mentor On The Lake and Chardon by all bedroom counts and property types.

Mentor On The Lake

Median rent price$1,550
decreased by20%

lower than the national median

Median rent price$1,645
decreased by15%

lower than the national median

Takeaway

The median rent for all rentals in Mentor On The Lake, OH is 6% lower than the median rent in Chardon, OH.

Discover rentals in Mentor-on-the-Lake, OH

5950 Andrews Rd - Photo 1 of 1

5d+ ago

Apartment for rent in Mentor On The Lake

Roth Apartment s

5950 Andrews Rd, Mentor On The Lake, OH 44060

2 beds

1 bath

$1,100

Apartment for rent

Available Jul 1

5950 Andrews Rd #8 - Photo 1 of 1

5d+ ago

Apartment for rent in Mentor On The Lake

Apartment for rent

Available Jul 1

Summertree 7701 Sharon Dr - Photo 1 of 1

5d+ ago

8.3

Very good

Summertree 7701 Sharon Dr

7701 Sharon Dr, Mentor On The Lake, OH 44060

2 beds

1 bath

$1,200–$1,300

Apartment for rent

5697 Chagrin Dr - Photo 1 of 1
Rent special

1d ago

House for rent in Mentor On The Lake

3 beds

1 bath

$1,745

House for rent

Stay up to date with rental market insights

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Frequently asked questions for Mentor-on-the-Lake, OH

Quick answers to common questions about the Mentor On The Lake rental market.

How much is rent in Mentor On The Lake?

The average rent in Mentor On The Lake is $1,550 per month as of July 18, 2026.

Is rent up or down in Mentor On The Lake?

Average rent prices in Mentor On The Lake have decreased by 15% over the last month and have increased by 19% since last year.

How does Mentor On The Lake rent compare to the national average?

Rent in Mentor On The Lake is 20% below the national average, which means renters are paying approximately $395 less per month.

What salary do I need to afford rent in Mentor On The Lake?

To comfortably afford rent in Mentor On The Lake, you'd need to earn approximately $62,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Mentor On The Lake?

Based on our current listings, 45% of Mentor-on-the-Lake apartments welcome pets, which works out to about 5 pet-friendly units each month across the city's average inventory of 11 listings.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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