Similar to its nearby areas, it is a lot less expensive compared to the United States as a whole. Compared to the city of Fargo, it is a lot less expensive.
Home prices
Mentor's median home price is $79,500. This is approximately $2,320 (2%) lower compared to the surrounding areas.Compared to the entire nation it is about $138,000 (63%) lower, and compared to the city of Fargo is about $132,600 (62%) lower.
Rents
Mentor's median monthly rent is $667. Compared to its nearby areas it is about $78 (13%) higher.Compared to the nation as a whole it is roughly $395 (37%) lower, and compared to the city of Fargo is roughly $156 (18%) lower.
Nearby places
Erskine
Erskine is about 5 miles east from Mentor. Housing prices there are a little less expensive. The value of the median home in Erskine is $70,700, which comes out to $8,800 (12%) lower than Mentor. Rents there are a lot less expensive. Erskine's median rent is $500 a month, which is $167 (33%) lower than Mentor.
McIntosh
McIntosh is approximately 10 miles east of Mentor. Housing prices there are a bit less expensive. McIntosh's median home price is $68,200, which works out to $11,300 (16%) lower than Mentor. The rent there is somewhat less expensive. McIntosh's median monthly rent is $616, which is $51 (8%) lower than Mentor.
Fertile
Fertile is roughly 11 miles southwest from Mentor. Its housing prices are a little more expensive. The median home price in Fertile is $84,600, which comes out to $5,100 (6%) higher than Mentor. Its rents are fairly similar. The median rent in Fertile is $646 a month, which is $21 (3%) lower than Mentor.
Winger
Winger is about 11 miles southeast from Mentor. Its real estate prices are a bit less expensive. The price of the median home in Winger is $73,300, which is $6,200 (8%) lower than Mentor. Its rents are fairly similar. In Winger the median monthly rent is $638, which works out to $29 (4%) lower than Mentor.
Red Lake Falls
Red Lake Falls is about 12 miles northwest of Mentor. Its housing prices are a bit more expensive. The median home price in Red Lake Falls is $112,300, which works out to $32,800 (29%) higher than Mentor. Rents there are somewhat less expensive. The median monthly rent in Red Lake Falls is $547, which comes out to $120 (21%) lower than Mentor.