States › Florida › Hernando

Is Hernando, FL expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,01442% lower than U.S. average
💵 Families earn per year (2026)$46,457about $3,871/month · 47% lower than U.S. average
🔑 House price$209,70037% lower than U.S. average

Rent is lower than in 87% of U.S. cities. A typical house costs about 4.5 years of household income. Commutes are long, about 31.6 minutes each way. Most homes (85%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $40,560 a year. That is $20 an hour at a full-time job.

Is rent cheaper than other Florida cities?

Yes. Rent here is cheaper than in most of Florida. It is number 15 of 479 cities from cheapest to most expensive.

Hernando
$1,014
$1,234
$1,684

How much do households earn in Hernando?

Under $25k
29.0%
$25k–50k
34.9%
$50k–100k
25.2%
$100k–150k
5.7%
$150k+
3.0%

Share of households by yearly income. 8.6% of households earn $100,000 or more.

Rent by apartment size in Hernando

SizeHernandoU.S. average
2 bedrooms$890$1,509
3 bedrooms$1,472$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Hernando overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hernando, so the Florida figure is shown.

Taxes and bills in Hernando

🏛️ Property tax$1,172a year · 0.56% of home value · U.S. $3,119
⚡ Electric bill$187a month (typical) · U.S. $156

Life in Hernando

Commute to work31.6 minU.S.: 26.4 min
College degree15.4%U.S.: 35.7%
Own their home85%U.S.: 65.2%
Below poverty line21.1%U.S.: 12.5%
Unemployment10.6%U.S.: 5.2%

Is it cheaper to rent or buy in Hernando?

Renting is cheaper right now: about $441 a month less.

Renting
$1,014
Owning
$1,455

Owning assumes a typical $209,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,970 for the down payment.

Frequently asked questions

What is the average rent in Hernando, FL?

Renting in Hernando costs a median of about $1,014 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Hernando?

To keep rent under 30% of income, you need about $40,560 a year, or $20 an hour at a full-time job.

Is Hernando cheap or expensive?

Hernando is rated OK: rent takes 26.2% of the typical household income of $46,457. It ranks 15th cheapest of 479 Florida cities we track.

How much are property taxes in Hernando?

The median homeowner in Hernando pays $1,172 a year in property taxes, about 0.56% of the median home value.

Is Hernando more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Hernando?

The median home value in Hernando is $209,700, about 4.5 times the typical yearly household income.

9,299 people live in Hernando. Numbers are typical (middle) values.