Rent in Mentor, OH
Across Mentor's 2 ZIP codes, a 2-bedroom typically rents for about $1,312 a month, with figures from $1,177–$1,430. The highest typical rent is in 44061 ($1,320) and the lowest in 44060 ($1,304). Owner-occupied homes in Lake County pay about 1.62% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,026 | $924–$1,142 | 2 |
| 1 bed | $1,067 | $906–$1,180 | 2 |
| 2 beds | $1,312 | $1,177–$1,430 | 2 |
| 3 beds | $1,690 | $1,547–$1,830 | 2 |
| 4 beds | $1,740 | $1,348–$1,970 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Mentor ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Mentor, OH?
- About $1,312 a month: the median of the typical rents in 2 ZIP codes, which range from $1,177–$1,430. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Mentor, OH?
- About $1,067 a month: the median of the typical rents in 2 ZIP codes, which range from $906–$1,180. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Mentor, OH?
- About $1,690 a month: the median of the typical rents in 2 ZIP codes, which range from $1,547–$1,830. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Mentor, OH?
- About $1,026 a month: the median of the typical rents in 2 ZIP codes, which range from $924–$1,142. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Mentor, OH?
- About $1,740 a month: the median of the typical rents in 2 ZIP codes, which range from $1,348–$1,970. Figures are gross rent (rent plus tenant-paid utilities).
- Which Mentor ZIP code has the highest rent?
- For a 2-bedroom, 44061 has the highest typical rent at $1,320 a month, and 44060 the lowest at $1,304.
- What is the property tax rate in Mentor, OH?
- Owner-occupied homes in Lake County pay a typical 1.62% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Mentor rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).