Housing & Real Estate — Herman, Minnesota
Overview
| Total Housing Units | 263 |
| Occupied | 211 |
| Vacant | 52 |
| Owner-Occupied | 171 |
| Renter-Occupied | 40 |
| Median Home Value (Census) | $106,300 |
| Estimated 2026 | ~$117,000 |
| Median Rent | $545/mo |
| Median Property Tax | $1,045/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | affordable |
| Rent as % of Income | 7.9% |
| Severely Rent-Burdened | 40.0% |
Housing Age
| Built 2010 or later | 7 |
| Built 2000-2009 | 3 |
| Built 1990-1999 | 34 |
| Built before 1960 | 128 |
| Median Year Built | 1965 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.