Housing in Hermantown, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$403,827
Hermantown vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Hermantown is highlighted.
Median Home Value
82nd%ilemost expensive$374,000show rank
Median Rent
78th%ilemost expensive rent$1,375show rank
Rent Burden
45th%ilehighest rent burden17.9%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$374,000
Median Rent
$1,375
Total Housing Units
3,878
Vacancy Rate
3.5%
Owner Occupied
75.0%
Renter Occupied
25.0%
Median Property Tax
$4,436
per year
Monthly Cost (w/ Mortgage)
$1,828
Housing Types
Single Family81.5%
Multi-Family14.0%
Mobile Home4.5%
The median home value in Hermantown, MN is $374,000. According to Zillow, the home value index for Hermantown is $403,827. The median rent is $1,375 per month (Census ACS). About 75.0% of housing units are owner-occupied. The median year homes were built is 1992. There are 3,878 total housing units.