
Cheap Homes for Rent in Hernando, MS from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Hernando.


7682 Edwards Place Rd E

1590 Custer Dr

8280 Hastings 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.

1842 Brookhaven Dr

8106 Elmbrook Dr

5554 Steffani Dr

1584 Joy Blvd
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.
Hernando, MS Local Guide

How much does it cost to rent a home in Hernando?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hernando 2 Bedroom Homes for Rent | $1,464 | $1,399 | $1,550 |
| Hernando 3 Bedroom Homes for Rent | $1,864 | $1,000 | $2,745 |
| Hernando 4 Bedroom Homes for Rent | $2,317 | $1,495 | $4,500 |
| Hernando 5 Bedroom Homes for Rent | $2,646 | $2,195 | $3,495 |
Browse Top Homes for Rent in Hernando
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Hernando, MS Local Guide
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Cheapest Available Hernando Apartments for Rent
 The cheapest available apartment rental in Hernando, MS is a 2 Beds unit found at Pinetree Place Apartments in the South Memphis neighborhood priced from $625. Mill Creek Apartments in the South Memphis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $643. Here is today’s list of the most affordable Hernando apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pinetree Place Apartments | 2 Bedroom Basic Remodel | 2BR,1BA | $625 |
| Mill Creek Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $643 |
| Holmes Pointe Apartments | B1 | 2BR,1BA | $850 |
Best Value Apartments for Rent in Hernando, MS
As of June 13, 2026 the best value apartment in the Hernando area is the $1.08 price per square foot 3 Bedroom, 2 Bathroom Model at Weatherstone Apartments in the in the McKeller neighborhood starting from $1,599. The second greatest value Hernando apartment is the 3 Bedroom 2 Bathroom Model at Sutton at Shelby starting at $1,175 with a $0.87 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. |
|---|---|---|---|
| Weatherstone Apartments | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.08 |
| Sutton at Shelby | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.87 |
| The Trace at 161 | 3 Bedroom | 3BR,2BA | $1.11 |
| Wilson Townhomes | B2 | 2BR,1.5BA | $0.93 |
| Shelby Pointe Townhomes | B1 | 2BR,1.5BA | $0.93 |
| The Posts | 3 Bedroom 2 Bath | 3BR,2BA | $1.02 |
| Highland Meadows Apartments | 2x1.5 950 | 2BR,1.5BA | $0.92 |
| Holmes Pointe Apartments | B1 | 2BR,1BA | $1.13 |
| Mill Creek Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $0.91 |
| 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!
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Frequently Asked Questions about Hernando
What type of rentals are currently available in Hernando?
There are currently 44 Apartments for Rent in Hernando, MS with pricing that ranges from $625 to $2,145. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hernando ranging from $1,000 to $4,500.
What is the current price range for Rental Homes in Hernando?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hernando ranges from $1,000 to $4,500 with an average monthly rent of $2,072.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.