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Housing in Mentor

A typical Mentor home is worth roughly $223,000

The median sale price was $190,000 in May 2026.

Typical home value
$223K
▲ 14.4% in a year · KY $206K
Estimate
Median sale price
$190K
May 2026 · Redfin
Homes sold
1
in May
2-bedroom rent
$1,440
a month, utilities in · HUD
Median tax bill
$1,583
KY $1,544

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Mentor?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Price trend

Home prices up 70% in 5 years

The federal house price index for the ZIP code around Mentor rose 70% over the past 5 years, faster than across Kentucky (50%). Last year prices rose 14%.

Mentor areaKentucky
−50%0%+50%+100%+150%200420052010201520202025
+14%
past year
+70%
past 5 years
+105%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Mentor, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

What it takes to buy in Mentor

Try your own numbers below.

You could afford about
$254,000
Typical Mentor home $223K

That covers a typical Mentor home, with $32K to spare.

The typical home, each month
$1,310
Loan $1,100Tax $140Insurance $60

A two-bedroom rents for about $1,440 a month here, $130 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Kentucky typical property tax (0.75% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,440

Renters already here pay a median of $685, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,020
1 bedroom$1,120
2 bedrooms$1,440
3 bedrooms$1,900
4 bedrooms$2,100
17%
of households rent · KY 32%
17
renter households
$685
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Cincinnati, OH-KY-IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

83% of Mentor households own their home

Half of Mentor’s homes were built before 1980.

Owners and renters
Own 83%Rent 17%

Kentucky: 68% own.

1980
typical home built · KY 1982
$1,583
median property tax bill · KY $1,544

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Mentor buyers, sellers and renters are saying.

Town Square →
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Is Mentor still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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