Median home value: $339K (+1.7% YoY). Rent: $2,142/mo. Price-to-rent: 13.2x. Part of Memphis, TN-MS-AR.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Memphis, TN-MS-AR metro page.

Home Value$338,967

+1.7%

Rent$2,142/mo

AFFORDABILITY

Enter your income for Hernando.

Income (annual)

Down Payment

$67,793 on $338,967

Stretch — 33.4% of income

Above 28% but manageable with cuts.

PITI$2,088

P/I33.4%

Afford$284K

Gap-$55K

P&I $1,626Tax $229Ins $233

Buying $54/mo cheaper ($2,142 rent)6.00% 30yr, 20% down, county tax + MS ins. 28% per HUD.

HERNANDO, MS