5572 Lochinvar Dr
SouthavenMS38671
Cheap Homes for Rent in Hernando, MS from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Hernando.
1602 Buxton Rd
MemphisTN38116
3016 Mayfair Rd
Horn LakeMS38637
73 Torbrook Cove
SouthavenMS38671
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.
2691 Kentwood Cove
Horn LakeMS38637
8297 Baldwyn Cove
SouthavenMS38671
2941 Churchwell Dr
Horn LakeMS38637
3565 Corsica Dr
Horn LakeMS38637
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.
Showing Results 1-8, Page 1 of 1
Hernando, MS Local Guide
Court Square in Hernando by Thomas R Machnitzki is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Hernando?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hernando 2 Bedroom Homes for Rent | $1,502 | $1,349 | $1,615 |
| Hernando 3 Bedroom Homes for Rent | $1,742 | $1,090 | $2,650 |
| Hernando 4 Bedroom Homes for Rent | $2,170 | $1,250 | $2,590 |
| Hernando 5 Bedroom Homes for Rent | $2,261 | $2,240 | $2,295 |
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 and Nearby
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 $665. The Posts in the South Memphis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. 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 | $665 |
| The Posts | 1 Bedroom 1 Bath | 1BR,1BA | $750 |
| Sutton at Shelby | 2 Bedroom 1.5 Bathroom | 2BR,1BA | $875 |
Best Value Apartments for Rent in Hernando, MS and Nearby
As of April 28, 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 Model at The Trace at 161 starting at $1,575 with a $1.17 price per square foot in the McKeller 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 |
| The Trace at 161 | 3 Bedroom | 3BR,2BA | $1.17 |
| Wilson Crossing Townhomes: Your Spacious, Two-Story Home in Whitehaven, Memphis! | B2 | 2BR,1.5BA | $0.93 |
| TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr! | B1 | 2BR,1.5BA | $0.93 |
| The Crescent at 161 | Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.29 |
| Highland Meadows Apartments | 2x1.5 950 | 2BR,1.5BA | $0.92 |
| The DeSoto | Magnolia | 1BR,1BA | $1.23 |
| Holmes Pointe Apartments | B1 | 2BR,1BA | $1.20 |
| Sutton at Shelby | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.21 |
| Mill Creek Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $0.98 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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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 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 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hernando ranging from $1,090 to $2,650.
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 $1,090 to $2,650 with an average monthly rent of $1,918.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.