Housing & Real Estate — Herman, Minnesota

Overview

Total Housing Units263
Occupied211
Vacant52
Owner-Occupied171
Renter-Occupied40
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 RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income7.9%
Severely Rent-Burdened40.0%

Housing Age

Built 2010 or later7
Built 2000-20093
Built 1990-199934
Built before 1960128
Median Year Built1965
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.