Expensive
Affordable
Affordable
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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 $344,063, lower than the New Jersey average of $496,577.
The average cost of rent is $1,168/mo in Herman, primarily driven by the current value of real estate in the Herman area. In Herman, 3.99% of households rent, and 42.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Herman is $8,002 per month. Households that rent pay about 14.60% of their income on rent here. Herman’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Green Bank, NJ: equally priced homes
- Weekstown, NJ: equally priced homes
- Sweetwater, NJ: less expensive homes
- Lower Bank, NJ: equally priced homes
- Devonshire, NJ: equally priced homes
- Nesco, NJ: equally priced homes
- Wading River, NJ: equally priced homes
- Egg Harbor City, NJ: less expensive homes
- Elwood, NJ: less expensive homes
- South Egg Harbor, NJ: less expensive homes
Cities with Similar Populations
- Tennille, FL: less expensive homes
- Cloverdale, NM: less expensive homes
- Coal Run, PA: less expensive homes
- Dancy, AL: less expensive homes
- Delhi, GA: less expensive homes
- Takotna, AK: less expensive homes
- Tanner, MO: less expensive homes
- Teckla, WY: equally priced homes
- Telma, WA: higher priced homes
- Tenney, MN: less expensive homes
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