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These days, finding an affordable place to live in the Herkimer area can be challenging. Home prices in Herkimer are now at a median cost of $156,088, lower than the Kansas average of $243,949.
The average cost of rent is $720/mo in Herkimer, primarily driven by the current value of real estate in the Herkimer area. In Herkimer, 20.44% of households rent, and 62.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Herkimer is $5,746 per month. Households that rent pay about 12.54% of their income on rent here. Herkimer’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Marysville, KS: less expensive homes
- Bremen, KS: higher priced homes
- Oketo, KS: higher priced homes
- Home, KS: higher priced homes
- Lanham, KS: less expensive homes
- Hanover, KS: less expensive homes
- Waterville, KS: less expensive homes
- Barneston, NE: less expensive homes
- Blue Rapids, KS: less expensive homes
- Odell, NE: higher priced homes
Cities with Similar Populations
- Rye, AR: equally priced homes
- Lafontaine, KS: higher priced homes
- Laings, OH: higher priced homes
- Lakewood, NM: less expensive homes
- Lamar, NE: higher priced homes
- Lamasco, KY: higher priced homes
- Lamb, IL: less expensive homes
- Lamont, KS: less expensive homes
- Lansing, MN: higher priced homes
- Larabee, PA: less expensive homes
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