Cheap Apartments for Rent in Water Valley, KY from $600 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Water Valley.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 113 Hillview Apt Dr

$620

Total Monthly Price

Total Monthly Price

Base Rent
$620
Total Monthly Price
$620

1 Bedroom, 1 Bath Condo for Rent

Available Now

113 Hillview Apt Dr

Mc KenzieTN38201
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Lone Oak Villas
2 Bedroom Apartments

Lone Oak Villas

710 Lone Oak RdPaducah, KY 42003
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-36, Page 1 of 1

Water Valley, KY Local Guide

Cheapest Available Water Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Water Valley, KY is a Studio unit found at Royal Ridge priced from $650. Jackson House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $781. Here is today’s list of the most affordable Water Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Royal RidgeRoyal Ridge-0-1-408Studio,1BA$650
Jackson House1 Bedroom - Jackson House1BR,1BA$781
Grove Apartments1 Bedroom1BR,1BA$825
Southside Square Apartments - NOW LEASINGOne Bedroom1BR,1BA$897
Riverstone ApartmentsThe Madison1BR,1BA$1,050
PARK VILLAGE OF PARIS3 Bedroom 2 Bathroom3BR,2BA$1,090
The Lory of Greenway Village1 Bedroom | 1 Bath1BR,1BA$1,225
Milan Luxury Apartments3BR/2.0BA3BR,2BA$1,250
Westcreek VillasRegent2BR,2BA$1,365
Country Music B&B StudiosCountry Suite1BR,1BA$1,397

Best Value Apartments for Rent in Water Valley, KY and Nearby

As of March 17, 2026 the best value apartment in the Water Valley area is the $1.06 price per square foot 2 Bedroom | 2 Bath Model at The Lory of Greenway Village in the starting from $1,325. The second greatest value Water Valley apartment is the 4 Bedroom 2 Bathroom Model at PARK VILLAGE OF PARIS starting at $1,195 with a $1.03 price per square foot . Here is today’s list of the best values for Water Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lory of Greenway Village2 Bedroom | 2 Bath2BR,2BA$1.06
PARK VILLAGE OF PARIS4 Bedroom 2 Bathroom4BR,2BA$1.03
Milan Luxury Apartments3BR/2.0BA3BR,2BA$1.14
Westcreek VillasRegent2BR,2BA$1.26
411 N 7th St, Unit 1411 N 7th St1BR,1BA$2.19
Grove Apartments1 Bedroom1BR,1BA$1.12
Riverstone ApartmentsThe Madison1BR,1BA$1.50
Southside Square Apartments - NOW LEASINGOne Bedroom1BR,1BA$1.38
Jackson House1 Bedroom - Jackson House1BR,1BA$1.70
Royal RidgeRoyal Ridge-0-1-408Studio ,1BA$1.59

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Water Valley, KY Rentals by Map

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Frequently Asked Questions about Cheap Water Valley Apartments

What is the Cheapest Studio apartment in Water Valley?

Currently the most affordable Cheap Studio Apartment in Water Valley is at Royal Ridge listed at $650.

How much is rent for a Cheap One Bedroom Water Valley Apartment?

The lowest price for a Cheap One Bedroom Water Valley Apartment is $781 at Jackson House.

What is the lowest price for a Cheap Two Bedroom Water Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Water Valley is starting from $925 at Grove Apartments.

What is the most affordable Water Valley Three Bedroom Apartment?

The best deal on a cheap Water Valley Three Bedroom Apartment rental is at Grove Apartments and starts from $1,025.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.