Housing costs in Mentor?
A typical home costs
$292,000, which is 13.6% less expensive than the national average of
$338,100 and 5.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Mentor costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 55.0% cheaper than the state average of
$1,240.
Can I afford Mentor?
To live comfortably in Mentor, Minnesota, a minimum annual income of
$55,800 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Mentor?
Mentor, MN is an affordable place to live. The cost of living is lower than the national average and there are a variety of housing options available to suit different budgets. Renting a one-bedroom apartment in the city center can range from $400-$700 per month, while those looking for more space may opt for a two or three bedroom home that can cost anywhere from $600-$900 per month. Property taxes in the area are also relatively low compared to other areas, making it an attractive option for those looking for a place to call home without breaking the bank.