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Herman, MN
Full City Profile · Minnesota · Grant County County
3.0
/5.0
B
Good
428
Population
386/sq mi density
$72,917
Median Income
$44,066 per capita
$102,100
Home Value
$207,038 Zillow
$545
Median Rent
21.5% income on rent
44°F
Avg Temperature
276 sunny days/yr
206
Violent Crime/100K
1,963 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$72,917 median income, 6.4% unemployment
A+
Affordability
5.0 / 5.0
$102,100 home value, $545/mo rent
F
Safety
1.0 / 5.0
206 violent crimes/100K
C
Education
2.4 / 5.0
17.7% bachelor's degree or higher
Housing Overview
Median Home Value
$102,100
64% below
US avg: $281,900
Median Rent
$545/mo
53% below
US avg: $1,163/mo
Homeownership Rate
81.0%
24% above US avg (65.4%)
Total Housing Units
273
Median year built: 1965
Home Value by Source
Census Median
$102,100
Zillow (ZHVI)
$207,038
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.0%
Owner-Occupied
19.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$545/mo
Affordability & Housing Stock
Rent Burden
21.5%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
81.0%
Complete Housing Data
Home Values
| Census Median Value | $102,100 |
| Zillow Home Value (ZHVI) | $207,038 |
Rent
| Census Median Rent | $545 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 81.0% |
| Renter-Occupied | 19.0% |
| Homeownership Rate | 81.0% |
| Total Housing Units | 273 |
| Median Year Built | 1965 |
| Rent Burden | 21.5% |