Housing in Mentor, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$321,351

Mentor vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Mentor is highlighted.

Median Home Value

Median Rent

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$56,100

Median Rent

$771

Total Housing Units

94

Vacancy Rate

21.3%

Owner Occupied

85.1%

Renter Occupied

14.9%

Median Property Tax

$675

per year

Monthly Cost (w/ Mortgage)

$705

Housing Types

Single Family
77.7%
Multi-Family
4.3%
Mobile Home
18.1%

The median home value in Mentor, MN is $56,100. According to Zillow, the home value index for Mentor is $321,351. The median rent is $771 per month (Census ACS). About 85.1% of housing units are owner-occupied. The median year homes were built is 1964. There are 94 total housing units.