Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Herman area can be challenging. Home prices in Herman are now at a median cost of $195,804, higher than the Nebraska average of $188,542.
The average cost of rent is $631/mo in Herman, primarily driven by the current value of real estate in the Herman area. While nearly 40.43% of residents own their homes outright in Herman, 23.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Herman is $6,693 per month. Households that rent pay about 9.42% of their income on rent here. Herman's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Telbasta, NE: higher priced homes
- Orum, NE: equally priced homes
- Tekamah, NE: less expensive homes
- Craig, NE: less expensive homes
- Blair, NE: higher priced homes
- Modale, IA: less expensive homes
- Winslow, NE: less expensive homes
- Nickerson, NE: less expensive homes
- Mondamin, IA: less expensive homes
- Kennard, NE: higher priced homes
Cities with Similar Populations
- Erwinna, PA: higher priced homes
- Shirleysburg, PA: less expensive homes
- Seven Mile, WA: higher priced homes
- Selwyn, WV: less expensive homes
- Forum, AR: less expensive homes
- Fort Atkinson, IA: less expensive homes
- Forestport, NY: less expensive homes
- Fincastle, TX: equally priced homes
- Fifield, WI: less expensive homes
- Ferndale, NY: less expensive homes
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