Mentor, OH Real Estate
According to census data in the year 2000 there were 19,301 housing units in Mentor.
This represents a 12.4% growth from 17,172 in 1990.
Of those housing units, 19,301 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 is about 87.4%.
Mentor's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Mentor were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 2.50% |
| Two Bedrooms | 17% |
| Three Bedrooms | 50.70% |
| Four Bedrooms | 26.30% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $147,400 |
| Median Price asked for vacant units | $142,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $656 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 18% |
| Simple Mortgage | 49.30% |
| Debt Free | 22.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
