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Mentor, OH · 44061

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $81K, +3.8% YoY (county); renters hold 24.2% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

101,144

Median Days on Market

Active Listings

New Listings

Neighborhood Map

Loading the map

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 106,331

106Kunits

Occupied101,14495.1%

Vacant5,1874.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 101,144

101Koccupied

Owner76,62675.8%

Renter24,51824.2%

Renter Share

24.2%-2.8% YoY

Total Housing Units

106,331+0.4% YoY

FY2026 Fair Market Rent

CountyLake County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$933

/month

1 BR

$1,058

/month

2 BR

$1,279

/month

3 BR

$1,646

/month

4 BR

$1,760

/month

FMR trends · Lake County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.0% to 232,216: residents under 18 are down 1.3% and those 65 and over are up 2.9%.

Median Age

44.12024

Population

Lake County Population

232,360+0.2% YoY

Households

Total Households

101,144+0.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.27-0.9% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 232,216

232Kresidents

Under 1844,80019.3%

Adults 18–64137,10859.0%

65 & Over50,30821.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

44,800-1.3% YoY

Population 65 & Over

50,308+2.9% YoY

Median Age

44.10+0.2% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.7%

Moved (within US)10.2%

Other0.1%

Veterans

7.1%0.0% YoY

County Economy

County median household income is $81K, 8.3% of residents are below the poverty level, 13.6% work from home.

Income

Median Household Income

$81K+3.8% YoY

Per-Capita Income

$45K+4.8% YoY

Mean Household Income

$103K+3.7% YoY

Poverty

Below Poverty Level

8.3%+1.2% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone76.5%

Public transit0.5%

Worked from home13.6%

Other9.4%

Worked From Home

13.6%+11.5% YoY

Mean Commute

23.10-0.9% YoY

Done with 44061? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Mentor, OH · 44061

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $81K, +3.8% YoY (county); renters hold 24.2% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

101,144

Median Days on Market

Active Listings

New Listings

Neighborhood Map

Loading the map

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 106,331

106Kunits

Occupied101,14495.1%

Vacant5,1874.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 101,144

101Koccupied

Owner76,62675.8%

Renter24,51824.2%

Renter Share

24.2%-2.8% YoY

Total Housing Units

106,331+0.4% YoY

FY2026 Fair Market Rent

CountyLake County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$933

/month

1 BR

$1,058

/month

2 BR

$1,279

/month

3 BR

$1,646

/month

4 BR

$1,760

/month

FMR trends · Lake County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.0% to 232,216: residents under 18 are down 1.3% and those 65 and over are up 2.9%.

Median Age

44.12024

Population

Lake County Population

232,360+0.2% YoY

Households

Total Households

101,144+0.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.27-0.9% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 232,216

232Kresidents

Under 1844,80019.3%

Adults 18–64137,10859.0%

65 & Over50,30821.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

44,800-1.3% YoY

Population 65 & Over

50,308+2.9% YoY

Median Age

44.10+0.2% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.7%

Moved (within US)10.2%

Other0.1%

Veterans

7.1%0.0% YoY

County Economy

County median household income is $81K, 8.3% of residents are below the poverty level, 13.6% work from home.

Income

Median Household Income

$81K+3.8% YoY

Per-Capita Income

$45K+4.8% YoY

Mean Household Income

$103K+3.7% YoY

Poverty

Below Poverty Level

8.3%+1.2% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone76.5%

Public transit0.5%

Worked from home13.6%

Other9.4%

Worked From Home

13.6%+11.5% YoY

Mean Commute

23.10-0.9% YoY

Done with 44061? Put it next to another market.