Cheap Homes for Rent in Hernando, MS from $1,000 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Hernando.

property at 493 Southern St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 3 Bath Home for Rent

Available Now

493 Southern St

HernandoMS38632

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.

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

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 ListingModel NameBed/BathPriced From
Pinetree Place Apartments2 Bedroom Basic Remodel2BR,1BA$625
Mill Creek Apartments1 Bedroom / 1 Bathroom1BR,1BA$643
Holmes Pointe ApartmentsB12BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Weatherstone Apartments3 Bedroom, 2 Bathroom3BR,2BA$1.08
Sutton at Shelby3 Bedroom 2 Bathroom3BR,2BA$0.87
The Trace at 1613 Bedroom3BR,2BA$1.11
Wilson TownhomesB22BR,1.5BA$0.93
Shelby Pointe TownhomesB12BR,1.5BA$0.93
The Posts3 Bedroom 2 Bath3BR,2BA$1.02
Highland Meadows Apartments2x1.5 9502BR,1.5BA$0.92
Holmes Pointe ApartmentsB12BR,1BA$1.13
Mill Creek Apartments1 Bedroom / 1 Bathroom1BR,1BA$0.91
Pinetree Place Apartments1 Bedroom Premium Remodel1BR,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.

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Real 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.

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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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.