Rental numbers for Hernando County, FL
The typical home here runs -$759 a month at 7.78% with 25% down, breaking even at about 2.4%. 0 of 7 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.6%.
- Gross yield
- 7.2%
- typical home, Zillow
- Median ZIP yield
- 7.6%
- 7 ZIPs with full data
- Cash flow
- -$759/mo
- at 7.78%, 25% down
- Typical price
- $308,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,839/mo
- Zillow ZORI, Aug 2026
ZIP codes in Hernando County
10 with published figures
| 34661Nobleton | $134,000 | $1,390* | 12.5% | 6.7% | +$29 | n/a |
| 34613Weeki Wachee | $315,000 | $2,071 | 7.9% | 4.1% | -$615 | n/a |
| 34608Spring Hill | $293,000 | $1,887 | 7.7% | 4.0% | -$608 | +3.6% |
| 34602Brooksville | $298,000 | $1,900 | 7.7% | 3.9% | -$626 | n/a |
| 34606Spring Hill | $271,000 | $1,710 | 7.6% | 3.7% | -$630 | -0.4% |
| 34609Spring Hill | $322,000 | $1,945 | 7.3% | 3.6% | -$774 | -0.5% |
| 34604Brooksville | $327,000 | $1,798 | 6.6% | 3.1% | -$924 | n/a |
| 34607Hernando Beach | $401,000 | $1,710* | 5.1% | 2.0% | -$1,495 | n/a |
| 34614Weeki Wachee | $358,000 | $1,490* | 5.0% | 1.8% | -$1,399 | n/a |
| 34601Brooksville | $315,000 | $1,312 | 5.0% | 1.5% | -$1,298 | -0.7% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -2.0%
- Rent, 12 months
- +0.4%
- Rent minus price growth
- +2.4 pts
- Property tax
- 0.67%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $249,994 | $1,482 |
| Aug 2022 | $330,867 | $1,708 |
| Aug 2023 | $320,728 | $1,757 |
| Aug 2024 | $328,267 | $1,795 |
| Aug 2025 | $314,240 | $1,832 |
| Aug 2026 | $307,929 | $1,839 |
HUD Fair Market Rent
FY2027, Tampa-St. Petersburg-Clearwater, FL MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,597 | $1,648 | $1,917 | $2,448 | $2,977 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 22.4
- 1,846 units, last 12 months
- National percentile
- 92th
- among US counties
Tools
Test a listing in Hernando County against today's rate.
Open the calculatorPart of the Tampa, FL metro.
Questions
- Is Hernando County good for rental property?
- The typical home here runs -$759 a month at 7.78% with 25% down, breaking even at about 2.4%. 0 of 7 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Hernando County?
- About 0.67% of value, from Census ACS median taxes paid over median home value. On a $308,000 home that is about $2,072 a year.
- What is Fair Market Rent in Hernando County?
- HUD's FY2027 Fair Market Rent here is $1,648 for a 1-bedroom, $1,917 for a 2-bedroom and $2,448 for a 3-bedroom. Typical cash flow at today's rate is -$759 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.