Home prices
Hermiston's median home value is $164,300. Compared to its surrounding areas it is roughly $42,960 (35%) higher.Compared to the entire country it is roughly $53,200 (24%) lower, and it is about $51,200 (23%) lower compared to the city of Kennewick.
Rents
In Hermiston the median monthly rent is $760. It is approximately $22 (2%) lower compared to the surrounding areas.It is roughly $302 (28%) lower compared to the US as a whole, and compared to the city of Kennewick is approximately $162 (17%) lower.
Nearby places
Stanfield
Stanfield is about 3 miles southeast of Hermiston. The housing prices there are substantially less expensive. The median home in Stanfield is valued at $117,000, which is $47,300 (40%) lower than Hermiston. The rent there is a little more expensive. Stanfield's median monthly rent is $949, which works out to $189 (19%) higher than Hermiston.
Umatilla
Umatilla is roughly 5 miles north from Hermiston. Real estate prices there are somewhat less expensive. The median home in Umatilla is valued at $137,600, which works out to $26,700 (19%) lower than Hermiston. Rent there is somewhat less expensive. In Umatilla the median rent is $690 per month, which comes out to $70 (10%) lower than Hermiston.
Echo
Echo is roughly 6 miles southeast of Hermiston. The real estate prices there are substantially less expensive. The median home in Echo costs $121,600, which comes out to $42,700 (35%) lower than Hermiston. The rent there is pretty similar. Echo's median rent is $763 per month, which is very similar to Hermiston.
Irrigon
Irrigon is about 9 miles northwest of Hermiston. Its housing prices are substantially less expensive. Irrigon's median home cost is $96,500, which comes out to $67,800 (70%) lower than Hermiston. Its rents are pretty similar. In Irrigon the median monthly rent is $787, which comes out to $27 (3%) higher than Hermiston.
Boardman
Boardman is roughly 16 miles west from Hermiston. Real estate prices there are somewhat less expensive. The price of the median home in Boardman is $134,000, which comes out to $30,300 (22%) lower than Hermiston. Rents there are somewhat less expensive. Boardman's median monthly rent is $722, which comes out to $38 (5%) lower than Hermiston.