MAGNOLIAS AT HERNANDO
2321 McIngvale Rd,
Hernando, MS 38632
1-3 Beds | $1,269 - $1,898
Rental Market Trends in Hernando, MS
What is the average rent in Hernando, MS?
$1,358/month
Average Rent
747 Sq Ft
Average Apartment Size
-9.6%
Decrease in the Last Year
As of July 2025, the average rent in Hernando, MS is $1,358 per month. This is 17% lower than the national average rent of $1,636/month, making renting in Hernando more affordable than most cities in the US. When you rent an apartment in Hernando, you can expect to pay about per month for a studio, $1,358 for a one-bedroom apartment, and around $1,379 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,859 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Hernando, MS?
In the past year, rent has decreased by 9.6%, which averages out to $129 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Hernando, MS
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
33%
$700 - $1,000/month
33%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Hernando, MS?
Because the average rent in Hernando is $1,358, you’ll want to make about $4,526 per month or $54,312 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Nearby City Rent Trends
Apartment communities in Hernando we think you'll love
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.