Typical home value from Zillow, September 2021 to September 2026: from $251,131 to $303,307.
Typical rent
$1,858a month
= about the same as 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,571 to $1,858.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Spring Hill is in Hernando County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Hernando County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Brooksville, the typical home value is $141,000: 51% less than in Spring Hill ($288,500).
2
Nearby, in Shady Hills, the typical rent is $993: 31% less than in Spring Hill ($1,440).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Spring Hill
What homes there are in Spring Hill, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Spring Hill
Hernando County
Florida
United States
Kind of home: Spring Hill and its comparisons
Measure
Spring Hill
Hernando County
Florida
United States
Detached house
88%
77%
55%
61%
Attached house
2%
3%
7%
6%
Building of 2 to 4
2%
2%
6%
8%
Apartments (5 or more)
5%
4%
25%
19%
Mobile home
3%
14%
8%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Spring Hill, 9 in 10 homes are single-family detached houses; in Hernando County, 8.
Year built
Before 19601960–19791980–19992000–20092010 or later
Spring Hill
Hernando County
Florida
United States
Year built: Spring Hill and its comparisons
Measure
Spring Hill
Hernando County
Florida
United States
Before 1960
1%
3%
10%
26%
1960–1979
12%
16%
24%
24%
1980–1999
50%
48%
34%
25%
2000–2009
28%
24%
18%
14%
2010 or later
9%
10%
14%
11%
In Spring Hill, half of the homes were built before 1993; in Hernando County, before 1991.
In Spring Hill, 70% of homes have 3 bedrooms or more, more than in Hernando County (64%).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K6%
$100K–$200K12%
$200K–$300K36%
$300K–$500K40%
$500K–$750K5%
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Spring Hill and its comparisons
Measure
Spring Hill
Under $100K
6%
$100K–$200K
12%
$200K–$300K
36%
$300K–$500K
40%
$500K–$750K
5%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
By price, most homes in Spring Hill sit under the FHA limit for Hernando County ($541,287): about 95%.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99913%
$1,000–$1,49939%
$1,500–$1,99929%
$2,000–$2,49912%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Spring Hill and its comparisons
Measure
Spring Hill
Under $500
Unreliable estimate
$500–$999
13%
$1,000–$1,499
39%
$1,500–$1,999
29%
$2,000–$2,499
12%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,506 a month
Hernando County: $1,513 a month
Without a mortgage
$488 a month
Hernando County: $473 a month
Owners with a mortgage
63%
Hernando County: 55%
In Spring Hill, 63% of owners have a mortgage; their typical cost is $1,506 a month, about the same as in Hernando County.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Spring Hill+96%
Hernando County+94%
Florida+67%
United States+53%
Typical rent
Spring Hill+35%
Hernando County+32%
Florida+42%
United States+33%
Typical household income
Spring Hill+33%
Hernando County+35%
Florida+34%
United States+29%
Change since 2015–2019: Spring Hill and its comparisons
Measure
Spring Hill
Hernando County
Florida
United States
Typical home value
+96%
+94%
+67%
+53%
Typical rent
+35%
+32%
+42%
+33%
Typical household income
+33%
+35%
+34%
+29%
The typical home value in Spring Hill rose 96% since 2015–2019, about the same as in Hernando County (94%).
Much as in Hernando County, the typical rent in Spring Hill rose 35% since 2015–2019.
To compare: typical income in Spring Hill rose 33%; the home, +96%; the rent, +35%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Spring Hill and its comparisons
Measure
Spring Hill
Hernando County
Florida
United States
Rental vacancy
6.7%
7.7%
7.6%
5.5%
Homeowner vacancy
0.7%
0.8%
1.4%
0.9%
More than one person per room
2.1%
1.8%
3.3%
3.4%
People per household
2.60
2.49
2.51
2.53
Drive alone
74%
73%
70%
69%
Carpool
8%
9%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
1%
1%
2%
3%
Work from home
14%
14%
16%
15%
Other means
1%
2%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
In Spring Hill, the rental vacancy rate is 6.7%, about the same as in Hernando County.
In Spring Hill, 2.1% of households live with more than one person per room, about the same as in Hernando County.
Much as in Hernando County, a household in Spring Hill has 2.60 people on average.
To get to work, 74% of workers in Spring Hill drive alone; in Hernando County, 73%.
Do the math
What would you pay each month for a home in Spring Hill?
A typical home costs more than the typical income allows
We start with a typical home in Spring Hill, worth $288,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 41% of the typical household income in Spring Hill, which is $68,432 a year. For that payment to be 28% of income, a household would need to earn about $99,767 a year.
The calculator's FHA and conventional loan limits are those of all of Hernando County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Spring Hill. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $10,098 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,328
at 7.18% · 30 years
Loan amount
$283,274
Total interest
$407,565
Paid off in
November 2056
Includes $4,872 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,597 a month
Tight
$1,597 to $2,053 a month
Hard
more than $2,053 a month
Your payment · 41%
Compared with the typical household income in Spring Hill ($68,432 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,919
Property tax
$161
Home insurance
$120
FHA mortgage insurance (MIP)
$128
You need at least $10,098 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $2,328; principal and interest $1,919.
The city and its county
Spring Hill and Hernando County
Spring Hill is in Hernando County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Spring Hill
Map of Hernando County, Florida, with Spring Hill marked. Around it, the neighboring counties.
Spring Hill
Hernando County
Other cities with a page
Spring Hill's own numbers
Typical home value
$288,500
Typical monthly rent
$1,440
Typical yearly household income
$68,432
Households that own their home
80%
Effective property tax rate
0.67%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Hernando County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,917
Price change over 5 years (FHFA)
+68%
Homes in a high flood-risk zone
5.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Hernando County.
A typical home in Spring Hill is worth $288,500: 5% above the county and 20% below Florida. With the typical household income in Spring Hill ($68,432 a year), a typical home costs 4.2 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Spring Hill4.2 years
Hernando4.2 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Hernando County
According to FHFA’s house price index, home prices in Hernando County rose 173% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Hernando County.
Yearly change in FHFA’s price index in Hernando County, 2016 to 2025
2016: +10.7% +10.7% 2016
2017: +12.7% +12.7% 2017
2018: +13.1% +13.1% 2018
2019: +6.8% +6.8% 2019
2020: +7.6% +7.6% 2020
2021: +21.2% +21.2% 2021
2022: +27.0% +27.0% 2022
2023: +7.6% +7.6% 2023
2024: +2.1% +2.1% 2024
2025: −0.6% −0.6% 2025
Change in FHFA’s price index in Hernando County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
−0.6%
−0.5%
+2.9%
5 years (2020–2025)
+68%
+60%
+47%
10 years (2015–2025)
+173%
+127%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Spring Hill next to Hernando County, Florida and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Spring Hill$288,500
Hernando$276,000
Florida$359,000
United States$332,700
Typical monthly rent
Spring Hill$1,440
Hernando$1,298
Florida$1,669
United States$1,413
Typical yearly household income
Spring Hill$68,432
Hernando$66,058
Florida$74,568
United States$80,734
See the full table
Spring Hill next to Hernando County and Florida
Measure
Spring Hill
Hernando County
Florida
U.S.
Typical home value
$288,500 ▲5% above the county
$276,000
$359,000
$332,700
Typical monthly rent
$1,440 ▲11% above the county
$1,298
$1,669
$1,413
Typical yearly household income
$68,432 ▲4% above the county
$66,058
$74,568
$80,734
Households that own their home
80% ▼2 points below the county
83%
68%
65%
Typical yearly property tax
$1,922 ▲3% above the county
$1,858
$2,730
$3,119
Effective property tax rate
0.67%
0.67%
0.76%
0.94%
Renters with high rent for their income
57% ▲1 points above the county
56%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Hernando County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Spring Hill
For a typical $288,500 home in Spring Hill, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Spring Hill's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,328a month
Least cash to close
Down payment
$10,098
Cash to close
$18,753
Rate
7.18%
Mortgage insurance
FHA MIP · $128
Conventional, 5% down$2,275a month
Down payment
$14,425
Cash to close
$23,080
Rate
7.18%
Mortgage insurance
PMI · $137
Conventional, 20% down, no PMI$1,845a month
Down payment
$57,700
Cash to close
$66,355
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,112a month
Down payment
$43,275
Cash to close
$51,930
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Spring Hill
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,328
$10,098
$283,275
7.18%
FHA MIP · $128
$18,753
580
Conventional, 5% down
$2,275
$14,425
$274,075
7.18%
PMI · $137
$23,080
620*
Conventional, 20% down, no PMI
$1,845
$57,700
$230,800
7.18%
None
$66,355
620*
ITIN, 15% down (example)
$2,112
$43,275
$245,225
8.18%
None
$51,930
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Spring Hill is $1,440 a month: 11% above the county. In Spring Hill, 57% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Hernando County, by unit size. To pay the 2-bedroom one ($1,917 a month) without spending more than 30% of your income, you would need to earn $36.87 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Hernando County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,597
$30.71
$63,880
1 bedroom
$1,648
$31.69
$65,920
2 bedrooms
$1,917
$36.87
$76,680
3 bedrooms
$2,448
$47.08
$97,920
4 bedrooms
$2,977
$57.25
$119,080
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Spring Hill
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Spring Hill has 4 ZIP codes with their own.
For 2 bedrooms it runs from $1,510 in 34604 to $1,980 in 34609.
1 of the 4 is above the fair market rent for Hernando County ($1,917).
2-bedroom fair market rent in each of the 4 ZIP codes of Spring Hill, beside the one for Hernando County. For 2 bedrooms it runs from $1,510 in 34604 to $1,980 in 34609. 1 of the 4 is above the fair market rent for Hernando County ($1,917).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,917
Lowest: $1,510 (34604)Highest: $1,980 (34609)
Fair market rent by ZIP code and size in Spring Hill, fiscal year 2027.
34604
$1,260
$1,300
$1,510
$1,930
$2,340
34606
$1,270
$1,320
$1,530
$1,950
$2,380
34608
$1,320
$1,360
$1,580
$2,020
$2,450
34609
$1,650
$1,700
$1,980
$2,530
$3,070
ZIP code2 bd3 bd
34604 $1,510$1,930
34606 $1,530$1,950
34608 $1,580$2,020
34609 $1,980$2,530
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Spring Hill when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 12 buildings with rents for lower incomes in Spring Hill. These are the largest.
Bridgewater Club4300 Bridgewater Club Loop, Spring Hill 34607192 homes, 190 low-income · 1 bd: 40 · 2 bd: 104 · 3 bd: 32 · 4 bd: 16 · In service since 2003
Spring Haven220 Spring Haven Loop, Spring Hill 34608176 low-income homes · 1 bd: 16 · 2 bd: 104 · 3 bd: 56 · In service since 2005 · For families
Mariner's Cay4253 Central Park Dr, Spring Hill 34608160 low-income homes · 2 bd: 104 · 3 bd: 56 · In service since 2010 · For families
Nantucket Cove400 Cape Cod Loop, Spring Hill 34607128 low-income homes · 1 bd: 24 · 2 bd: 40 · 3 bd: 32 · 4 bd: 32 · In service since 2006 · For families
Madison Reserve10363 Quality Dr, Spring Hill 3460990 low-income homes · 1 bd: 46 · 2 bd: 44 · In service since 2012 · For older adults
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Hernando County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Spring Hill or Hernando County. The ones below are statewide in Florida: they work in Spring Hill the same as in the rest of the state.
Florida Housing second loan with no interest and no monthly payments, repaid when you sell or refinance.Offered by Florida Housing Finance Corporation.
No legal help resource on our list is for Spring Hill or Hernando County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Spring Hill and all of Hernando County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Spring Hill?
The typical home value in Spring Hill is $288,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Hernando County it is $276,000.
How much does it cost to rent in Spring Hill?
Typical rent in Spring Hill is $1,440 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Hernando County is $1,917.
What is the FHA loan limit in Spring Hill?
Spring Hill uses the FHA limit for all of Hernando County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Spring Hill?
The typical homeowner in Spring Hill pays $1,922 a year, according to the U.S. Census Bureau. That is 0.67% of the home’s value; in Hernando County, the rate is 0.67%.
Where can I find free help to buy or rent in Spring Hill?
We found no HUD-approved counseling agencies with an office in Hernando County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
