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Rent by ZIP · DeSoto County

Rent in Hernando, MS 38632

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,330 (+3.1% vs FY2026). Renters in this ZIP code pay a median $1,312 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,120$1,070+4.7%$1,008–1,232$1,365 ±$55
1 bedroom$1,220$1,170+4.3%$1,098–1,342–
2 bedrooms$1,330$1,290+3.1%$1,197–1,463$789 ±$329
3 bedrooms$1,760$1,700+3.5%$1,584–1,936$1,638 ±$212
4 bedrooms$2,020$1,980+2%$1,818–2,222$2,000 ±$1,693

Small Area FMRs for the Memphis, TN-MS-AR HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Memphis, TN-MS-AR HUD Metro FMR Area, 2 bedrooms: $1,301.

What renters pay in 38632

Median gross rent$1,312±$234 · all sizes
Renter households1,36312% of occupied homes
No cash rent82households

How rents are spread

Under $1,00040%
$1,000–1,49928%
$1,500–1,99917%
$2,000–2,4997%
$2,500–2,9990%
$3,000–3,4997%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
38631Friars Point$910$387
38633Hickory Flat$1,000$746
38629Falkner$910–
38635Holly Springs$1,000–
38627Etta$1,120–
38637Horn Lake$1,470$1,505

Fair Market Rents across DeSoto County, MS · All MS counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.