Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Hernando & Beyond
Hernando shares many of the great qualities that make Mississippi a desirable place to live.
Mississippi is where the past meets the present in a harmonious blend of rich history and cultural heritage. Immerse yourself in the state's cultural riches by visiting world-class museums like the Mississippi Museum of Art and the Biloxi Lighthouse. Elevate your mind and expand your horizons at universities like Ole Miss in Oxford and Mississippi State in Starkville. Mississippi is a dynamic destination for those seeking work and leisure and boasts a prosperous economy supported by agriculture, manufacturing, and healthcare.
The state offers a range of scenic experiences, from fishing in the Gulf of Mexico to hiking in the lush DeSoto National Forest and Natchez Trace Parkway. Sports fans can experience the excitement of college sports games at universities throughout the state. In addition, take advantage of iconic attractions like the Vicksburg National Military Park, historic Biloxi, the B.B. King Museum and Delta Interpretive Center, or the historic city of Natchez.
Embrace the Magnolia State and discover why Mississippi is a southern gem that shines bright. With its deep history and welcoming spirit, Mississippi is the perfect place to call home.
Rental Market Trends
Hernando, MS
As of June 2026, Hernando's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hernando's average rent is 39.1% ($511) higher than the Mississippi average of $1,308 and 1.2% ($22) higher than the U.S. average of $1,797.
Average Rent
$1,819
Monthly ChangeMonth Over Month Change
22.7% ($336)
Yearly ChangeYear Over Year Change
5.9% ($102)
Avg. Days on MarketAverage Days on Market
31
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,222 | 3.3% ($39) | 0.9% ($11) |
| 2 Beds | $1,444 | 3.4% ($47) | 6.3% ($85) |
| 3 Beds | $1,845 | 0.1% ($1) | 4.8% ($84) |
| Nearby Cities | Average Rent | Avg. Rent vs. HernandoAverage Rent vs. Hernando | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Nesbit | $2,022 | 11.2% ($203) | 33 days |
| Southaven | $1,495 | 17.8% ($324) | 30 days |
| Horn Lake | $1,443 | 20.7% ($376) | 32 days |
| Olive Branch | $1,808 | 0.6% ($11) | 34 days |
| Walls | $1,535 | 15.6% ($284) | 32 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hernando Rental Market FAQs
Explore rental prices, market trends, and availability in Hernando, MS.
The average rent in Hernando, MS is $1,819 per month.
Homes in Hernando typically rent for between $855 and $2,399 per month, with an average of $1,819 per month.
In Hernando, the average rent for a 1-bedroom home is $1,222 per month, for a 2-bedroom home, $1,444 per month, and a 3-bedroom home is $1,845 per month.
The average rent in Hernando is 1.2% ($22) higher than the national average of $1,797 per month.
The average rent in Hernando has increased by 22.7% ($336) in the last month and increased by 5.9% ($102) over the past year.
The rental market in Hernando, MS, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Hernando, MS, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 7 rental properties available in Hernando, MS.
Based on the current averages, a household would need an annual income of $57,760 to comfortably afford a 2-bedroom home in Hernando.
