Rental prices in Mentor-on-the-Lake, OH have increased by 5.98% over the past year. The average rent moved from $1,080 to $1,145.
Compared to the national average rent of $1,741, the average rent in Mentor-on-the-Lake, OH is $1,145.
The average monthly rent of apartments in Mentor-on-the-Lake, OH is $1,145.
Around 90% of Mentor-on-the-Lake’s apartments are in the $1,001-$1,500 price range. 10% of apartments are priced ≤ $1000.
The largest share of rentals in Mentor-on-the-Lake, OH (90%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Mentor-on-the-Lake, OH is $1,108.
In Mentor-on-the-Lake 40% of the housing is rented out compared to 60% of homes are owned, according to the most recent Census Bureau estimates. none of Mentor-on-the-Lake's apartments are found in large buildings of 50 units or more, 81% are located in smaller apartment complexes with less than 50 units, and 19% are single-family rentals.
The average age of rental buildings in Mentor-on-the-Lake is 48 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Studio apartments in Mentor-on-the-Lake are around 0% of rentals, while 1-bedroom floor plans represent 28% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 63% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Mentor on the Lake is conveniently located in Lake County, Ohio, and sits along the shores of Lake Erie. This proximity offers residents quick access to one of the Great Lakes and is just a short drive from Cleveland, making it a prime location for those working in the city but preferring a lakeside lifestyle.
The area attracts renters primarily from the healthcare, manufacturing, and retail sectors, which are robust in the region. Mentor on the Lake, with its scenic views of Lake Erie, offers a variety of outdoor activities, including fishing, boating, and beachside leisure at Mentor Beach Park. The park is also a popular spot for community events and gatherings.
Culturally, the city maintains a small-town charm with periodic local arts and crafts shows. The Mentor Lagoons Nature Preserve & Marina provides not only boating opportunities but also trails and wildlife viewing, which adds to the city’s historical and recreational appeal.
Local cuisine in Mentor on the Lake is diverse, featuring everything from traditional American dishes to seafood inspired by the lake's proximity. Restaurants range from casual dining to finer establishments, offering a variety of choices for residents.
In terms of education, the Mentor Public Schools district serves the area and is noted for its commitment to student achievement and well-rounded educational opportunities.
Renting options in Mentor on the Lake include a range of single-family homes, townhouses, and apartment complexes, catering to different lifestyles and family sizes. The architectural styles primarily consist of traditional and modern designs, giving potential renters a variety of choices.
The lakeside areas are particularly attractive to those who enjoy water activities and scenic views, while more central locations offer proximity to local amenities like shopping centers and schools, which are ideal for families and young professionals.
Properties along the lakefront, with their picturesque views, tend to attract older professionals and retirees, while the more suburban parts of the city are preferred by families due to their closeness to schools and parks.
Mentor on the Lake offers a variety of shopping experiences, from larger retail centers to local boutiques. The Great Lakes Mall, located just a short drive away, provides a wide range of retail stores, from national brands to local favorites.
The city itself hosts several smaller shopping districts that feature artisanal shops, offering everything from handmade crafts to bespoke clothing. For everyday needs, residents have access to multiple grocery chains as well as local markets that offer fresh produce and local products.
Public transportation in Mentor on the Lake is accessible, with several bus routes running through the city, connecting residents to neighboring areas and major attractions. The Laketran public transit service is the primary provider, and helpful apps are available to assist with route planning and ticket purchases.
For those who travel regionally or internationally, the nearby Cleveland Hopkins International Airport provides both domestic and international flights. Additionally, the close proximity to major highways makes it easy for residents to travel by car to nearby cities and attractions.
By offering a blend of lakeside appeal with urban proximity, Mentor on the Lake, Ohio, continues to attract a diverse range of renters. Its community facilities, outdoor activities, and growing local economy make it an appealing choice for individuals and families looking to rent in a dynamic yet serene environment.
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