Rentometer, Inc. | Data as of 10/24/2025
Hernando, Mississippi, offers a welcoming blend of small‑town charm and convenient access to the greater Memphis metropolitan area, making it an attractive destination for renters seeking both comfort and community. The city’s historic downtown, with its tree‑lined streets, boutique shops, and local eateries, sits near the scenic Hernando Lake and several well‑maintained parks, providing residents with ample outdoor recreation opportunities. Proximity to major highways and a short commute to Memphis give renters the flexibility to enjoy urban amenities while residing in a quieter, family‑friendly environment.
The rental market in Hernado reflects a strong preference for spacious family homes, particularly three‑ and four‑plus‑bedroom properties. Three‑bedroom apartments typically command rents in the $1600s, while comparable three‑bedroom houses average closer to the $1900s, with many reaching the $2000 range for median values. Larger four‑plus‑bedroom homes often sit in the $2200 to $2300 bracket, appealing to growing families and professionals who value extra living space and private yards. These price points are supported by a mix of well‑maintained historic homes and newer developments, offering a variety of architectural styles and modern amenities.
Neighborhoods such as Oak Grove and West Creek are especially popular for their quiet streets, reputable schools, and easy access to shopping centers and medical facilities. Renters also appreciate the city’s community events, farmer’s markets, and cultural festivals that foster a vibrant, neighborly atmosphere. Whether you’re looking for a spacious house to accommodate a growing family or a comfortable three‑bedroom apartment near downtown conveniences, Hernando’s rental landscape provides diverse options that align with a balanced, quality‑of‑life lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 3 Bedroom | $1,676 | $1,681 | $1,647 - $1,700 | $1,647 - $1,700 |
| House | 3 Bedroom | $1,903 | $1,987 | $900 - $2,395 | $1,745 - $2,130 |
| House | 4+ Bedroom | $2,301 | $2,220 | $1,875 - $3,950 | $2,045 - $2,400 |
In the current period, the average rent in Hernando was
$1,882 for 3 Bedroom, and
$2,292 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.