
Cheap Apartments for Rent in Hernando, MS from $600 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Hernando.


Mill Creek Apartments

Pinetree Place Apartments

The Posts

Highland Meadows Apartments

Sutton at Shelby

Total Monthly Price
Welcome to Holmes Pointe Apartments!

Total Monthly Price
Shelby Pointe Townhomes
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Weatherstone Apartments

The Crescent at 161

The Luxe of Southaven

Foxhaven Apartments

Southaven Pointe Apartments

Wilson Townhomes

North Creek Apartments

Gramercy East Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Civic Center West Apartments

Goodman Manor Apartments

The DeSoto

Southcrest Lake

The Trace at 161

Civic Center East Apartments

Hamilton at Turman Farms Apartments

Rocky Creek
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Waverly Apartments

3285 Edenshire Ln

Avalon at Horn Lake
1449 Ticonderoga Dr

Oakwood Meadows Estates

Chapel Place Homes

1521 Abernathy Rd

1707 Swayze Cove
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Modena at Mallard Creek

Oak Hollow Apartments

7386 Northbrook Dr

8280 Hastings Cove

8106 Elmbrook Dr

5457 Millbranch Rd

1624 Winfield Rd

1775 Colonial Hills Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

5392 Kristy Ln

1584 Joy Blvd

7454 Perrin Ln
Hernando, MS Local Guide

How much does it cost to rent an apartment in Hernando?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hernando 1 Bedroom Apartments | $1,177 | $622 | $1,596 |
| Hernando 2 Bedroom Apartments | $1,295 | $625 | $2,145 |
| Hernando 3 Bedroom Apartments | $1,553 | $1,100 | $2,207 |
Browse Top Apartments in Hernando
See all Apartments in HernandoExplore Hernando
Hernando, MS Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Hernando Apartments for Rent
 The cheapest available apartment rental in Hernando, MS is a 1 Bed unit found at Mill Creek Apartments in the South Memphis neighborhood priced from $622. Pinetree Place Apartments in the South Memphis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Hernando apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mill Creek Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $622 |
| Pinetree Place Apartments | 1 Bedroom Premium Remodel | 1BR,1BA | $675 |
| The Posts | 1 Bedroom 1 Bath | 1BR,1BA | $750 |
| Sutton at Shelby | 2 Bedroom 1.5 Bathroom | 2BR,1BA | $875 |
| Highland Meadows Apartments | 2x1.5 950 | 2BR,1BA | $875 |
| Welcome to Holmes Pointe Apartments! | Your New Home Has It All: W/D, 24/7 Maintenance... | 2BR,1BA | $899 |
| Shelby Pointe Townhomes | B1 | 2BR,1BA | $980 |
| Weatherstone Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $999 |
| The Crescent at 161 | 1 Bedroom 1 Bath | 1BR,1BA | $1,025 |
| Southaven Pointe Apartments | 1BR 1BA (743 SF) | 1BR,1BA | $1,118 |
Best Value Apartments for Rent in Hernando, MS
As of July 22, 2026 the best value apartment in the Hernando area is the $1.14 price per square foot 750 Sweetwater Dr Model at 750 Sweetwater Dr, Unit #3 in the in the Olive Branch neighborhood starting from $2,000. The second greatest value Hernando apartment is the B1 Model at Wilson Townhomes starting at $1,125 with a $0.94 price per square foot in the South Memphis neighborhood. Here is today’s list of the best values for Hernando apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 750 Sweetwater Dr, Unit #3 | 750 Sweetwater Dr | 3BR,2BA | $1.14 |
| Wilson Townhomes | B1 | 2BR,1.5BA | $0.94 |
| The Trace at 161 | 2 Bedroom | 2BR,2BA | $1.13 |
| The Luxe of Southaven | 2 Bedroom - 1132 | 2BR,2BA | $1.06 |
| Shelby Pointe Townhomes | B1 | 2BR,1.5BA | $0.89 |
| Sutton at Shelby | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $0.85 |
| Highland Meadows Apartments | 2x1.5 950 | 2BR,1.5BA | $0.92 |
| Weatherstone Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.15 |
| Mill Creek Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $0.88 |
| Pinetree Place Apartments | 1 Bedroom Premium Remodel | 1BR,1BA | $1.13 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Hernando, MS
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hernando, MS Rentals by Map
See the most popular apartments and homes in Hernando, MS
Frequently Asked Questions about Cheap Hernando Apartments
How much is rent for a Cheap One Bedroom Hernando Apartment?
The lowest price for a Cheap One Bedroom Hernando Apartment is $622 at Mill Creek Apartments.
What is the lowest price for a Cheap Two Bedroom Hernando Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hernando is starting from $735 at Mill Creek Apartments.
What is the most affordable Hernando Three Bedroom Apartment?
The best deal on a cheap Hernando Three Bedroom Apartment rental is at The Posts and starts from $1,100.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.