Housing in Herman, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$197,554
Herman vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Herman is highlighted.
Median Home Value
22nd%ilemost expensive$102,100show rank
Median Rent
5th%ilemost expensive rent$545show rank
Rent Burden
2nd%ilehighest rent burden9.0%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$102,100
Median Rent
$545
Total Housing Units
263
Vacancy Rate
19.8%
Owner Occupied
81.0%
Renter Occupied
19.0%
Median Property Tax
$1,043
per year
Monthly Cost (w/ Mortgage)
$741
Housing Types
Single Family84.8%
Multi-Family13.7%
Mobile Home1.5%
The median home value in Herman, MN is $102,100. According to Zillow, the home value index for Herman is $197,554. The median rent is $545 per month (Census ACS). About 81.0% of housing units are owner-occupied. The median year homes were built is 1965. There are 263 total housing units.