Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hermann area can be challenging. Home prices in Hermann are now at a median cost of $164,797, lower than the Missouri average of $194,908.
The average cost of rent is $520/mo in Hermann, primarily driven by the current value of real estate in the Hermann area. While nearly 44.77% of residents own their homes outright in Hermann, 21.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hermann is $4,877 per month. Households that rent pay about 10.66% of their income on rent here. Hermann's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- McKittrick, MO: equally priced homes
- Gasconade, MO: less expensive homes
- Starkenburg, MO: higher priced homes
- Berger, MO: equally priced homes
- Case, MO: higher priced homes
- Swiss, MO: equally priced homes
- Rhineland, MO: higher priced homes
- Pershing, MO: less expensive homes
- Big Spring, MO: equally priced homes
- Bluffton, MO: higher priced homes
Cities with Similar Populations
- Angwin, CA: higher priced homes
- West Branch, IA: higher priced homes
- Weidman, MI: less expensive homes
- Veedersburg, IN: less expensive homes
- Trail Creek, IN: less expensive homes
- Thorntown, IN: higher priced homes
- South Whitley, IN: less expensive homes
- Huddleston, VA: higher priced homes
- Hays, TX: higher priced homes
- Goodwater, AL: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood