Last updated on October 22, 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 October 2026. This is 18% below the national average rent, or $350 less per month.

$1.71

average price per square foot

Total rentals

Available rentals in Mentor On The Lake

15

for rent on Zumper.com as of October 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 3% 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 $1,462, whereas a house costs $1,775. 1-bedroom apartments in Mentor On The Lake run $1,550 on average, while 2-bedroom apartments are $1,375.

Listings

Studio

$1,409

No Change

3%

1 bedroom

$1,576

No Change

68%

2 bedroom

$1,325

8%

9%

3 bedroom

$1,750

1%

10%

4 bedroom

$2,125

1%

5%

Studio

Average rent

$1,409

Last year

3%

1 bedroom

Average rent

$1,576

Last 30 days

No Change

Last year

68%

2 bedroom

Average rent

$1,325

Last 30 days

8%

Last year

9%

3 bedroom

Average rent

$1,750

Last 30 days

1%

Last year

10%

4 bedroom

Average rent

$2,125

Last 30 days

1%

Last year

5%

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 by18%

lower than the national median

Median rent price$1,719
decreased by10%

lower than the national median

Takeaway

The median rent for all rentals in Mentor On The Lake, OH is 10% lower than the median rent in Chardon, OH.

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

Summertree - Photo 1 of 1

1d ago

8.6

Very good

Summertree

7701 Sharon Dr, Mentor On The Lake, OH 44060

2 beds

1 bath

$1,200–$1,350

7485 Southland Dr - Photo 1 of 1
Rent special

5d+ ago

House for rent in Mentor On The Lake

Available Now! Gorgeous 3-Bedroom Home in Mentor-on-the-Lake!

7485 Southland Dr, Mentor On The Lake, OH 44060

3 beds

1 bath

$1,595

Price dropped $110Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
7690 Sharon Dr - Photo 1 of 1
Rent special
3D tour

5d+ ago

House for rent in Mentor On The Lake

Available now! Lovely 3 Bedroom Home in Mentor on the Lake!

7690 Sharon Dr, Mentor On The Lake, OH 44060

3 beds

1.5 baths

$1,825

Price dropped $100Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
7656 Fern Dr - Photo 1 of 1
3D tour

5d+ ago

House for rent in Mentor On The Lake

4 beds

1 bath

$2,125

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 October 17, 2026.

Is rent up or down in Mentor On The Lake?

Average rent prices in Mentor On The Lake have decreased by 3% 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 18% below the national average, which means renters are paying approximately $350 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.

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).

Apartments for rent in Ashtabula