Mentor-on-the-Lake, OH Real Estate

According to census data in the year 2000 there were 3,405 housing units in Mentor-on-the-Lake. This represents a 12.7% growth from 3,021 in 1990.

Of those housing units, 3,405 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mentor-on-the-Lake is about 68.9%. Mentor-on-the-Lake's vacancy rate, including seasonal lodging, is about 3%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Mentor-on-the-Lake were built after 1969.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom11.10%
Two Bedrooms27.30%
Three Bedrooms49.50%
Four Bedrooms10.90%
Five Bedrooms or more0.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1967
Median Value of occupied units$115,600
Median Price asked for vacant units$85,900

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1977
Median Monthly Rent asked for vacant units$712

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage7.90%
Home Equity Loan14.20%
Simple Mortgage56.80%
Debt Free20.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21%